ChainCatcher news, but Grayscale's research director Zach Pandl stated in an interview that despite the slower-than-expected hiring pace in the U.S. in January, Bitcoin could potentially reach an all-time high in the first quarter of 2025. On February 7, U.S. officials reported that the country added 143,000 jobs in January, slightly below expectations.Pandl believes that the latest U.S. employment report may "reinforce expectations that the Federal Reserve will pause interest rate hikes for a while, but it is unlikely to lead to a substantial repricing." Pandl stated, "Bitcoin may respond calmly to the latest employment report. Bitcoin and other digital assets are benefiting from various policy-related tailwinds, including progress in stablecoin legislation."Therefore, he expects that "the cryptocurrency market will show a bullish bias." He noted, "As long as the stock market remains stable, Bitcoin could reach new highs later in the quarter."

ChainCatcher news, Grayscale CEO Peter Mintzberg stated that the SEC's attention to new cryptocurrency ETP applications is a first for the industry, further confirming the commission's new stance on crypto assets.As Commissioner Hester Peirce said this week, "the journey has just begun." Mintzberg expressed that Grayscale looks forward to constructive dialogue with the SEC regarding the launch of products that investors are eager for.

ChainCatcher news, according to Arkham monitoring, multiple addresses under Grayscale have just experienced large Bitcoin (BTC) transfers, with a total amount exceeding 360 million USD, involving 4,457 BTC.The largest single transfer amount reached 694.019 BTC (approximately 67.96 million USD), with other large transactions including 692.684 BTC (67.83 million USD), 633.691 BTC (62.05 million USD), 557.457 BTC (54.59 million USD), and 549.336 BTC (53.79 million USD), among others. All funds have been transferred to multiple new addresses, and the specific purposes remain unclear.

ChainCatcher news, Bloomberg analyst James Seyffart posted on X platform stating: "The SEC has accepted Grayscale's 19b-4 application for the Solana ETF. This is indeed noteworthy news, as the SEC rejected such attempts in the recent SOL application submissions. The deadline for this application is around October 11."

ChainCatcher news, according to The Block, the U.S. Securities and Exchange Commission (SEC) is seeking public comments on Grayscale's proposal to convert its Litecoin (LTC) trust into an ETF. In a document released on Thursday, the SEC acknowledged the application submitted by NYSE Arca on behalf of Grayscale and requested comments to be submitted within 21 days after publication in the Federal Register. The SEC may decide to approve, deny, or "initiate proceedings."Last month, NYSE Arca submitted a 19b-4 filing to apply for the conversion of the "Grayscale Litecoin Trust" and "Grayscale Solana Trust" into ETFs. The 19b-4 filing is the second part of a two-step process for proposing a spot cryptocurrency ETF. Once the SEC confirms the filing, it will be published in the Federal Register, initiating the agency's approval process.In recent weeks, several companies have submitted fund proposals based on other altcoins such as Dogecoin (DOGE), seemingly hoping that changes in SEC leadership may be more favorable for the approval of cryptocurrency ETFs.

ChainCatcher message, according to SolanaFloor disclosure, the Raydium Protocol spent $54 million to buy back 8.8 million RAY tokens through its programmatic buyback plan in January, setting a record high for monthly buyback expenditure.

ChainCatcher message, according to @ai_9684xtpa's monitoring, the RAY whale deposited 3.07 million RAY (approximately 18.58 million USD) to Binance and Gate 5 hours ago, and if sold, it would profit 5.82 million USD.The source address of the funds has withdrawn 14.78 million RAY from the trading platform at an average price of 4.15 USD over the past 7 months, worth up to 61.46 million USD.It is reported that the deposit address also has financial transactions with "ai16z & ZEREBRO Top7 holding whales," and yesterday this whale deposited 9.24 million USD of ai16z to the trading platform through this address.

ChainCatcher news, Grayscale has officially submitted the Litecoin (LTC) ETF 19b-4 application.

ChainCatcher news, according to Crypto Briefing, the New York Stock Exchange Arca has submitted a 19b-4 form to the U.S. Securities and Exchange Commission, planning to convert Grayscale's Dogecoin Trust into a spot exchange-traded fund. This move comes shortly after Grayscale announced the launch of the Dogecoin Trust Fund, which disclosed that Coinbase Custody Trust Company would serve as the custodian for the Grayscale Dogecoin ETF, while BNY Mellon would be responsible for management and transfer agency duties.It is reported that the application states: "Similar to Bitcoin and Litecoin, Dogecoin can be used to pay for goods and services, or can be exchanged for fiat currency, such as the U.S. dollar, with the exchange rate determined by digital asset trading platforms, or determined by individual user-to-user transactions under a barter system. In addition, Dogecoin can also be used to pay miners for transaction fees for validating transactions on the Dogecoin network."

ChainCatcher news, according to official data from Grayscale, the management fee rate for its Grayscale Dogecoin Trust is 2.5%, and it will use the CoinDesk Dogecoin Price Index to provide a USD-denominated reference rate.In addition, as of January 31, the assets under management of the Grayscale Dogecoin Trust reached $196,326.37, with a net asset value per share of $9.77.

ChainCatcher News: The U.S. Securities and Exchange Commission (SEC) has postponed its decision on Grayscale Digital Large Cap Fund's conversion of its BTC, ETH, XRP, SOL, and ADA tokens into an ETF.

ChainCatcher news, according to Coindesk, cryptocurrency asset management company Grayscale has announced the launch of a new Dogecoin (DOGE) trust product.Grayscale's product and research director Rayhaneh Sharif-Askary stated that Dogecoin, with its low transaction costs and fast transfer speeds, is particularly suitable for international remittances in areas with underdeveloped banking infrastructure.

ChainCatcher news, according to Arkham monitoring, about three hours ago, Grayscale transferred 1,324 ETH to an address starting with 0x6F7, worth approximately 4.33 million dollars.

ChainCatcher message, according to Arkham monitoring, about 10 hours ago, 44.314 BTC was transferred from a Coinbase Prime hot wallet address to the Grayscale Bitcoin Trust, worth approximately 4.66 million dollars.

ChainCatcher news, the New York Stock Exchange Arca has submitted a 19b-4 filing, seeking to convert Grayscale's XRP Trust into a spot ETF, with the trust fund's assets under management approximately $16.1 million.The 19b-4 filing submitted by the issuer exchange is the second part of the two-step process for applying for a spot crypto ETF to the U.S. Securities and Exchange Commission. The exchange submits the 19b-4 filing to the SEC to request modifications to existing rules to allow the ETF to trade. This is a critical part of the ETF approval process, and once approved by the SEC, the filing will be published in the Federal Register, initiating the approval process.

ChainCatcher news, according to Farside Investors data, as of the time of writing, yesterday the U.S. Bitcoin spot ETF, ARKB had a net inflow of $12.6 million, EZBC had a net inflow of $6.1 million, and Grayscale BTC had a net inflow of $4.6 million.Yesterday, the U.S. Ethereum spot ETF, Grayscale ETHE had a net outflow of $40.3 million, while Grayscale ETH had a net inflow of $12.8 million.

ChainCatcher news reports that, according to Arkham monitoring, Ross Ulbricht or someone with access to his wallet incurred significant losses when providing liquidity on Raydium due to incorrectly setting the initial price of the liquidity pool.Specifically, $1.5 million (5% of the total token supply) was immediately arbitraged by MEV bots and sold off in the existing pool. Subsequently, another loss of approximately $10.5 million (35% of the total token supply) occurred in a second operation.It is reported that Ross Ulbricht received 50% of the supply of ROSS (Ross Ulbricht Fund) tokens from developers last week. Despite losing 40% of the token supply, Ross still holds 10% of the tokens in another address and has correctly added liquidity in the Raydium concentrated liquidity pool.

ChainCatcher news, according to official information, Grayscale has launched a Bitcoin mining ETF (MNRS), which is listed on the NYSE Arca.MNRS tracks the performance of the Indxx Bitcoin Miners Index, providing investors with investment opportunities in global Bitcoin mining companies.

ChainCatcher news, according to monitoring data from Arkham, yesterday Grayscale transferred 26,780 ETH to the Coinbase Prime hot wallet address, worth 84.63 million USD;In addition, the Grayscale Bitcoin Trust also transferred a total of 2,099.588 BTC to Coinbase Prime Deposit and an unknown address starting with bc1qj, worth 215.4 million USD.