GBTC

bitcoin’s-dive-under-$27k-liquidates-$100m-—-so-why-aren’t-margin-traders-flipping-bearish?
Posted by | May 12, 2023
Bitcoin’s dive under $27K liquidates $100M — So why aren’t margin traders flipping bearish?

Bitcoin’s price (BTC) broke below its 55-day support at $27,000 on May 12. In result, the two-day, 7% correction to $26,155 caused $100 million worth of long BTC futures contracts...

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bitcoin’s-dive-under-$27k-liquidates-$100m-—-so-why-aren’t-margin-traders-flipping-bearish?
Posted by | May 12, 2023
Bitcoin’s dive under $27K liquidates $100M — So why aren’t margin traders flipping bearish?

Bitcoin’s price (BTC) broke below its 55-day support at $27,000 on May 12. As a result, the two-day, 7% correction to $26,155 caused $100 million worth of long BTC futures...

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sol-price-risks-20%-drop-despite-grayscale-solana-trust’s-retail-debut
Posted by | April 17, 2023
SOL price risks 20% drop despite Grayscale Solana Trust’s retail debut

On April 17, the price of Solana’s SOL (SOL) crept lower in the wake of similar price moves across the top-ranking cryptocurrencies, including Bitcoin (BTC) and Ether (ETH).SOL’s price dropped by...

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grayscale-discount-continues-to-recover,-good-news-for-bitcoin?
Posted by | April 6, 2023
Grayscale Discount Continues To Recover, Good News For Bitcoin?

The Grayscale Bitcoin Trust (GBTC), the largest Bitcoin trust in the world, saw a rocky end to the year 2022 after its sister company Genesis Trading filed for bankruptcy. However,...

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grayscale-ceo-says-$2,000,000,000-could-return-to-gbtc-investors’-pocket-upon-conversion-to-spot-bitcoin-etf
Posted by | February 27, 2023
Grayscale CEO Says $2,000,000,000 Could Return to GBTC Investors’ Pocket Upon Conversion To Spot Bitcoin ETF

Grayscale CEO Michael Sonnenshein says that investors would greatly benefit from the conversion of GBTC into an exchange-traded fund (ETF), something the firm has been fighting for for multiple years....

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how-does-the-us.-dollar-index-(dxy)-impact-cryptocurrencies?-watch-macro-markets
Posted by | February 25, 2023
How does the U.S. Dollar Index (DXY) impact cryptocurrencies? Watch Macro Markets

Cointelegraph analyst and writer Marcel Pechman explains how the U.S. Dollar Index (DXY) impacts cryptocurrencies. 2841 Total views 22 Total shares Own this piece of history Collect this article as...

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will-bitcoin-and-ethereum-crash?-dcg-sells-grayscale-trust-shares
Posted by | February 7, 2023
Will Bitcoin And Ethereum Crash? DCG Sells Grayscale Trust Shares

After a long back-and-forth, the Genesis and DCG drama appears to be coming to a relatively smooth end after Genesis reached an agreement with DCG and other creditors yesterday –...

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fir-tree-fund-sues-grayscale-in-effort-to-force-changes-to-bitcoin-trust
Posted by | December 6, 2022
Fir Tree fund sues Grayscale in effort to force changes to Bitcoin Trust

Fir Tree Capital Management has filed a lawsuit against Grayscale Investments demanding information that could be used to force changes to the way it runs its flagship Bitcoin Trust. According to...

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the-biggest-bitcoin-fund-just-hit-a-record-35%-discount-—-a-warning-for-btc-price?
Posted by | September 24, 2022
The biggest Bitcoin fund just hit a record -35% discount — A warning for BTC price?

Grayscale Bitcoin Trust (GBTC), a cryptocurrency fund that currently holds 3.12% of the total Bitcoin (BTC) supply, or over 640,000 BTC, is trading at a record discount compared to the...

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bankrupt-celsius-lost-users’-funds-trading-bitcoin-(btc)-at-ceo-alex-mashinsky’s-request:-report
Posted by | August 16, 2022
Bankrupt Celsius Lost Users’ Funds Trading Bitcoin (BTC) at CEO Alex Mashinsky’s Request: Report

Crypto lending platform Celsius reportedly attempted to trade its users’ Bitcoin (BTC) shortly before the company filed for bankruptcy. The Financial Times (FT) reports that Celsius misplaced user funds for...

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