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grayscale rebalances funds increasing bitcoin and ethereum allocations while adjusting others

Grayscale Investments has restructured its Digital Large Cap Fund, allocating 90% to Bitcoin and Ethereum while replacing Avalanche with Cardano, which has seen a 75% price increase over the past year. Additionally, the GSCPxE Fund now includes Sui, and Grayscale is seeking to convert its Solana Trust into a spot ETF on NYSE Arca to enhance investor access. The firm continues to explore ETF conversions for its funds amid a potentially favorable regulatory environment.

Georgia lawmaker reveals investment in SKI token amid crypto market surge

Georgia Representative Mike Collins disclosed investments in the Ski Mask Dog (SKI) token, purchasing between $1,001 and $15,000 in three transactions from December 1 to December 3, 2024, amid a crypto market surge. This follows his reelection victory and adds to his previous investments in Ether, Velodrome, Aerodrome Finance, and The Graph. Collins, who has supported crypto-friendly legislation, is the first member of Congress to file such a report in 2025, highlighting his growing interest in digital assets.

us lawmaker reveals cryptocurrency investment amid calls for trading ban

Representative Mike Collins of Georgia disclosed a cryptocurrency investment in Ski Mask Dog (SKI) valued between $1,001 and $15,000, made in December 2024. This follows his reelection victory, and he has previously invested in other digital assets like Ether and Velodrome. While some lawmakers push for stricter regulations on trading, Collins has not prioritized crypto in his policy agenda.

Chainlink VRF Enhances BetSwirl's Transparent Gaming on Ethereum Layer 2 Base

Decentralized gaming platform BetSwirl has expanded to the Ethereum Layer 2 network Base, integrating Chainlink’s Verifiable Random Function (VRF) 2.5 to ensure transparency and security in on-chain gaming. This move leverages Base's strengths, including low transaction costs and a developer-friendly environment, while enhancing BetSwirl's trustless gaming experience through tools like The Graph and AerodromeFi.Chainlink's price has surged over 18% weekly and more than 125% monthly, driven by increased whale activity and bullish market predictions. With crypto whales accumulating LINK, the total value of their holdings has reached $19.61 billion, reflecting growing confidence in the ecosystem.
17:12 15.12.2024
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