Bitcoin prices remain under pressure in the $30,000-$40,000 zone as traders brace for the 16,000 BTC worth of GBTC shares unlocking in July.
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Bitcoin prices remain under pressure in the $30,000-$40,000 zone as traders brace for the 16,000 BTC worth of GBTC shares unlocking in July.
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Grayscale Investments said Thursday that it added $300 million in net assets under management (AUM) in just the last 24 hours. • The firm now has a record $7.3 billion in total AUM, according to a tweet by Barry Silbert, chief executive officer of the Digital Currency Group, Grayscale’s parent company. • The biggest daily […]
The post Grayscale Adds $300 Million in Cryptocurrency Assets Under Management in Just 24 Hours appeared first on Bitcoin News.
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During the last seven days, Grayscale Investments purchased 17,100 BTC or $182 million worth of bitcoin using today’s exchange rates. The company’s bitcoin position is now close to 450,000 BTC worth roughly $4.7 billion. The Grayscale Bitcoin Trust (GBTC) is a very popular investment vehicle and in 2020 the trust has obtained a massive amount […]
The post Grayscale Investments Scooped Up Over 17,000 BTC in the Last Seven Days appeared first on Bitcoin News.
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Bitcoin and cryptocurrency prices have seen significant gains as the entire cryptoconomy is up more than 40% since mid-December. Grayscale’s Bitcoin Trust (GBTC) has also seen an uptick and shares have climbed 9% this week. The news follows the asset manager’s recent registration as a reporting company with the Securities and Exchange Commission (SEC) and […]
The post Bitcoin Trust GBTC Shares Spike Despite 30% Premium appeared first on Bitcoin News.
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Crypto investment firm Grayscale has just released “An Introduction to Bitcoin Cash” highlighting the basics of BCH for those who may be yet unfamiliar, or just wish to brush up on the popular token forked from Bitcoin Core on August 1, 2017. With a significant reputation in the industry, Grayscale’s release of the document marks […]
The post Crypto Investment Group Grayscale Releases Bitcoin Cash Primer appeared first on Bitcoin News.
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The Commodity Futures Trading Commission (CFTC), the industry’s main regulatory arm, reports a net increase in short contracts; volume is sluggish, and a legacy bank has now outright forbid clients and advisers from trading in the relatively new product. While it is too early in the experiment to draw definitive conclusions, bitcoin futures might not be […]
The post Bitcoin Futures Flat as Contracts Move Short and Merrill Lynch Imposes Ban appeared first on Bitcoin News.
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