2023-09-07

🤐 Grayscale's Billion Dollar Secret!

September 07, 2023

Howdy, DailyCoiners,How did the Bitcoin investor become rich?

He just Sat and Sat and Sat! 🤣🤣

(I actually just made that one up!)

🦇 Arkham's Revelation
🏏 Cathie's Crypto Game
Bieber Beats Blockchain

👛 Grayscale Bitcoin Trust's Massive Wallet Exposure

Talk about a game of hide and seek with a digital twist!

Arkham Intelligence, the detective of the crypto world, just spotlighted over 1,750 wallet addresses, all snuggled up with Grayscale Bitcoin Trust's vast holdings.While each of these digital treasure chests holds less than 1,000 BTC (a nifty $25.7 million each), when you bring them all to the party, you get a whopping total of roughly $16.1 billion!Well, they are setting up for something big, so this is hardly that surprising! 🤣This astounding find puts Grayscale Bitcoin Trust on the crypto map as the second-largest BTC behemoth on the planet.

For those wanting a sprinkle of Ethereum with their Bitcoin, the Trust doesn’t disappoint, cradling a cool 3.03 million ETH worth $4.9 billion.The absolute opposite of my wallet! 🙈But wait, there's a plot twist - Arkham also unveiled Grayscale Ethereum Trust as the second-largest ETH heavyweight globally.

🚣‍♂️ ARK Invest's Bold Move for Ether ETF

When Cathie Wood makes a move, the world watches, and when it involves the shimmering allure of cryptocurrencies, you can bet it'll be a thriller!

ARK Invest, in partnership with 21Shares, has cast their net into the sea of financial innovation with their latest catch – the Ark 21Shares Ethereum ETF.This new proposal, if approved, would be America's first fund that doesn't just talk about Ethereum but actually holds it!

The ripple effect of this announcement had Ether and Bitcoin dancing for joy briefly. However, like a sugar rush, it was short-lived.Yeah...but sugar is good, right? 🍭This move follows a parade of applications aiming for the much-desired Bitcoin ETF spot.But what's intriguing is this - the industry is charged up post Grayscale's recent win against the SEC. Will the Ether ETF be the next shining star?Only time (and perhaps the SEC) will tell! ⌛

🎤 Bieber's 'Company' Royalties Turned NFTs!

Music and tech have danced before, but this is something straight out of the future's top charts.

Imagine owning a fraction of a Justin Bieber hit song! Andreas "Axident" Schuller, the maestro behind Bieber's chart-topping “Company,” is making waves in the digital world.He's partnering with AnotherBlock to turn a 1% slice of the song's streaming royalties into 2,000 Ethereum NFTs.

Purchasing one of these glitzy tokens is like buying a golden ticket that pays out! Every six months, to be precise, though some "remixes" in payment frequency might be coming up.Yeah...but would you ever admit to being a Beiber fan? 🤦The sale starts Today, with every kind of payment - from classic plastic to cryptic coins - on the table.

Schuller’s move paints a picture of what the future might hold: a world where fans can be more than just listeners but stakeholders in the tracks they adore. 👯Though Bieber himself isn't in this digital chorus, he's no stranger to the NFT stage, owning some noteworthy digital collectibles.I wonder what Beibs actually thinks about us owning royalties to his songs....Maybe he should talk to Swiftie!!