Barry Silbert remains mum on his decision to leave his post as chairman of Grayscale on the same day the firm filed an amended version of its application to convert its GBTC into a spot-based ETF.
While ARK Invest's Cathie Wood's comment on BTC sounds interesting and probably ensures a lot of clicks due to the mention of "institutions buying Bitcoin," Dr. Michael Wehrmann writes he sees a great risk here.
Block's gross profits rose 38% to $1.57 billion, but expenses rose by nearly one-half, resulting in a net loss of $18.7 million, significantly worse than the $3 million loss in Q3 2021.
