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Trading App Giant Robinhood Lists Bitcoin (BTC) and Ethereum (ETH) Stocks in Grayscale

US trading giant Robinhood is adding two crypto-related products to its lineup for retail investors.

Investment asset manager Greyscale has announced that the company’s traditional investment vehicles for Bitcoin (BTC) and Ethereum (ETH) are launching on the Robinhood trading app.

There are two new ways to access crypto on @RobinhoodApp. You can start trading $GBTC and $ETHE today. https://t.co/n09aiEVhqEhttps://t.co/6tFrYCsmzx pic.twitter.com/AxKH7xZ0nS

— Shades of Gray (@Grayscale) May 6, 2022

The Grayscale Bitcoin Trust (GBTC) digital currency investment product was originally called the Bitcoin Investment Trust, created in September 2013, and offers institutional investors exposure to Bitcoin without the need to purchase or store it in person. Grayscale BTC Trust currently has $23.2 billion in assets under management (AUM).

Meanwhile, the Grayscale Ethereum Trust (ETHE) was founded in December 2017 and now has $8.4 billion in AUM.

Last October, Grayscale announced its intention to convert its Bitcoin fund into an exchange-traded fund (ETF), with the company’s global head of ETFs Dave LaValle saying:

“GBTC demonstrates that there is strong investor demand for physically backed Bitcoin investment vehicles.”

In November, filings with the US Securities and Exchange Commission (SEC) revealed that banking giant Morgan Stanley significantly increased its holdings in GBTC.

In January, Robinhood CEO Vlad Tenev mentioned the platform’s goal of adding crypto-related products to its platform.

At the time of writing, Robinhood quotes GBTC price down 1.08% and trading at $24.75, while ETHE is in the red down 1.6% with a value of 19.76 $.

Bitcoin itself continues the sell-off that began earlier Thursday when it was priced above $39,000, down 2.22% on the day and changing hands at $36,189 at the time of writing.

Ethereum is also struggling, falling sharply from Thursday’s high of $2,937 and currently priced at $2,711.

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Binance Launches Binance Bridge 2.0 to integrate CEFI and Defi

The service would allow users asset bridges of any block block to the BNB chain.

On March 29, the Centralized Cryptocurrence Exchange Bnance announced the Binance Bridge 2.0 impulse. The feature allows active users to tarnate any block block, even tokens that are not listed in the Binance application for the BNB chain. The bridges listed in billions will be stored in funding or in the portfolio to detect, while the not listed binding tokens will be transferred to the funding portfolio only.

Users can fill or bridge tokens between their native blocks of blocks and BNB chain through regular tank functions and removal. In the future, Binance also plans to create a better version of your mobile application to allow users to provide this conversion to facilitate through a single click. With regard to development, Mayur Kamat, Binance Manager, said:

"With Binance Bridge 2.0, we can make decentralized finances accessible to a larger public worldwide, while providing user-free user experience offered by centralized finance offerings. We are already seeing this through tremendous adoption of the Mini Pancheckap application.

Binance has also implemented a new automated token control system in Binance Bridge 2.0. The exchange will not maintain a surplus of fixed chips, also known as enveloped assets, except for a buffer size in hot portfolios. Instead, you will print additional tokens when users will remove fallen tokens into the BNB intelligent chain.

The company indicated that all other circulations will be supported by the native tokens deposited by the users of the original block tables. When users want to change the tokens glued to the original tokens, they can deposit the fixed sheets in the binave and remove the original tokens. Simultaneously, excessive tokens will be swept to the cold portfolio and will burn automatically.

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Grayscale considering 25 more crypto assets for investment products

Grayscale, the world’s largest crypto asset manager, is considering 25 more crypto assets for investment products. With the latest additions, the company’s list of currencies under consideration has grown to 43. “The process of creating an investment product similar to those we already offer is a complex and multifaceted process,” said Grayscale.

25 Crypto Assets Added to List of Coins Under Consideration for Grayscale Investment Products

Grayscale Investments announced Monday that it has updated its list of digital assets under consideration for 2022. Grayscale currently has $30.6 billion in net assets under management.

The company explained that the list of “Assets under consideration” includes “some digital assets that are not currently included in a grayscale investment product, but have come to our attention as part of our exploration of this sector and that our team has identified as possible. candidates for inclusion in a future investment product. Grayscale details:

With our most recent update in January 2022, we added an additional asset to our Product Family column and 25 assets to the Assets Under Consideration column.

Amp (AMP) is the only digital asset added to the Grayscale family of products.

The additional 25 assets under consideration are Algorand (ALGO), Arweave (AR), Axie Infinity (AXS), Bancor (BNT), Bittorrent (BTT), Bora (BORA), Convex (CVX), Cosmos (ATOM), Decred ( DCR), Elrond (EGLD), Enjin (ENJ), Fantom (FTM), Gala (GALA), Gelato (GEL), Hélio (HNT), Holo (HOT), Iota (IOTA), Oasis Network (ROSE), Secret (SCRT), Spell (SPELL), Stacks (STX), The Sandbox (SAND), Universal Market Access (UMA), Vechain (VET), and Yield Guild Games (YGG).

Grayscale added:

The process of creating an investment product similar to those we already offer is a complex and multifaceted process.

“This requires significant analysis and consideration and is subject to our internal controls, custody arrangements and regulatory considerations, among other things,” the asset management firm explained.

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Coinbase Product Manager Predicts Big Advances For Ethereum In 2022

Ethereum is one of the prominent blockchains in the cryptocurrency industry that established smart contract technology. This has helped cement decentralized finance and checkmate third-party interference in cryptocurrency transactions. But in the past, their main challenge and drawback was related to scalability and speed in executing transactions.

As the months and years go by, Ethereum is making great progress in fixing scalability issues. This led to the deployment of the layer two version of the blockchain.

Related Article | Is Norton 360 Mining Ethereum on your computer? If so, they will take a 15% cut

As the new year begins, many people have shared their predictions and expectations for the cryptocurrency industry in 2022. Some of these people include investors, analysts, and industry leaders. Among the many comments is the latest post from Surojit Chatterjee, Chief Product Officer at Coinbase.

Chatterjee predicts big strides in Ethereum’s scalability. Sharing his predictions on Tuesday via a company blog post, the CPO expressed his confidence in Ethereum. He mentioned that the scalability of the blockchain would put it ahead of Web3 and the crypto economy.

Ethereum struggles to resurface | Source: ETHUSD on TradingView.com

Furthermore, he was confident that there would be an improvement in the scalability of Ethereum. In addition, he indicated the possible traction for alternative layer one networks.

Also in his post, the CPO commented on the emergence of new top-tier networks based on social media and gaming. He explained that moving bridges from layer one to layer two will drive a huge improvement in scalability. Furthermore, he anticipated a situation where the industry is in a desperate search to improve the speed and usefulness of L1 and L1-L2 cross-bridges.

Benefits of Cross-Bridges for Ethereum Scalability

Using these bridges will facilitate the easy transfer of tokens from a layer one (L1) network like Ethereum to a layer two (L2) network like Arbitrum. In addition, it allows reverse transactions between bridges.

For companies like Matter Labs, 2021 saw their tremendous breakthrough. The company developed and implemented its level two platform based on the zkSync rollup package to achieve its great feat.

Overall, 2021 was a year of massive expansion for the tier two ecosystem, as all major platforms saw an increase in adoption. Tier two ecosystem tracker L2beat reports a nearly 11,000% increase in the total amount blocked last year. This brought the value in 2021 to $5.5 billion from $50 million in January 2021.

As for scaling technologies, Chatterjee chose zk-Rollups citing its attractiveness to users and investors. He explained that Zero-knowledge scalability compiles transaction data in batches. This will allow efficiency in its processing in the Ethereum L1.

Additionally, Coinbase CPO predicts the emergence of more privacy-focused apps. However, he mentioned that this would generate more attention from regulators, as there are restrictions imposed through KYC and Anti-Money Laundering (AML).

Related Article | More green energy: Cryptocurrency mining saves a hydroelectric plant in Costa Rica

Chatterjee has other predictions, including increased industry regulations, safer DeFi, and more institutional participation in DeFi. Others are moves to Web3 by Web2 companies, more brand equity in metaverses, and non-fungible tokens (NFTs).

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Best tokens of football club supporter to buy with market value

The crypto market usually attracts many innovations. But there are also some tokens that are simply released for this well-being factor and are not actually based on any intrinsic value. The football tokens are in this category. Basically, they are designed to be part of the passionate and loyal fan base that we know in football. However, here are some facts about football tokens:

The tokens of football fans usually do not have much underlying value and are simply assets of fidelity targeted to fans.



Some football clubs are also adding the sale of NFT collectible items, plus the supporter chips.



These tokens also benefit from the visibility and recognition of the name associated with these clubs.

Well, if you are thinking of getting some fan tokens, here are some options to be considered by market capitalization:

Paris Saint Germain fan token (PSG)

The Paris Saint-Germain Fan Token (PSG) is a symbol of supporter for the fans of one of France’s largest clubs. The currency is available for negotiation in all major handbags in the world.

At the time this article was written, he was being sold for about $ 15.23, with a market value of $ 48 million. It is also the largest ventilator for market capitalization at the moment, but still falls well in the general encryption market, classifying in 622.

S.S. Lazio Fan Token (Lazio)

Lazio is one of the two major clubs in the Italian capital, Rome. Your fan token is surprisingly valuable, since the club is not really one of the largest in the world. However, the S.S Lazio Fan Token (Lazio) is currently trading for about $ 4.57, a 13% drop in the last 7 days. The currency has a market value of about $ 40 million.

You do not have to be a fan of these clubs to buy these tokens. But since they have not much intrinsic value, they can be highly risky.

Best Tokens of Football Club Supporter to Buy With Market Value
The Encryption Market Usually Attracts Many Innovations. BUT there are also disappeared tokens that are simply released for this well-being factor and are not actually based on any intrinsic value. The Football Tokens are in this category. Basically, they are designed to be part of the passionate and lyal fan base that we know in football. However, Here Are Some Facts About Football Tokens:

The Tokens of Football Fans Usually Do Not Have Much Underlying Value And Are Simply Assets Of Fidelity Targeted To Fans.



Some Football Clubs Are Also Adding The Sale of Nft Collectible Items, Plus The Supporter Chips.



Theese Tokens Also Benefit From The Visibility And Recognition Of The Name Associated With Thesis Clubs.

Well, If You Are Thinking Of Getting Some Fan Tokens, Here Are Some Options to Be Considered By Market Capitalization:

Paris Saint Germain Fan Token (PSG)

The Paris Saint-Germain Fan Token (PSG) is a Symbol of Supporter for The Fans of One of France’s Largest Clubs. The Currency is Available for Negotiation In All Major Handbags in The World.

At the time this article was written, he was being greet for about $ 15.23, with a market value of $ 48 million. IT IS ALSO THE LARGEST VENTILATOR FOR MARKET CAPITALIZATION AT THE MOMENT, BUT STILL FALLS Well in the General Encryption Market, CLASSIFYING IN 622.

S.S. Lazio Fan Token (Lazio)

Lazio is one of the two major clubs in the Italian capital, rome. Your Fan Token is Surprisingly Valuable, Since the Club Is Not Really One of the Largest in The World. However, The S.S Lazio Fan Token (Lazio) is currently trading for about $ 4.57, at 13% Drop in The Last 7 Days. The Currency has the Market Value of About $ 40 million.

You do not have to be the fan of theese clubs to buy thesis. But Since they have no Much Intrinsic Value, they can be highly risky.

The Best Tokens Of The Soccer Club Supporter to Buy With Market Value
The Encryption Market Generally Attracts Many Innovations. But there and there are the chips that are simply released for this well-being factor and are not really based on any intrinsic value. The Soccer Chips are in this category. Basically, they are designed to be part of the passionate and lyal fan base we know in football. However, Here Are Some Data On Soccer Tokens:

Soccer Fan Tabs Generally do Not Have Much Underlying Value and Are Simply Loyalty Active Directed To Fans.



Some SOCCER Clubs are also adding The Sale of Nft Collection Items, as well as the supporter chips.



Theese Tokens Also Benefit From Visibility and Recognition Of The Name Associated With These Clubs.