Controlling shareholders’ stakes in GBTC are ‘highly illiquid’: Report
“It’s net good news for GBTC shareholders and FUD fighting,” said Selkis. Go to Source Powered by WPeMatico
Bookmarking Crypto Insights
Auto Added by WPeMatico
“It’s net good news for GBTC shareholders and FUD fighting,” said Selkis. Go to Source Powered by WPeMatico
Turmoil in China, concerns over the global economy and BlockFi’s bankruptcy filing are all weighing on crypto markets this week. Go to Source Powered by WPeMatico
Bitcoin faces pressure from China, a stock market trend in addition to the FTX fallout. Go to Source Powered by WPeMatico
Bitcoin fell to a six-day low to start the week, as the token moved closer to the $16,000 level. The drop sees prices fall for a fifth straight session, with overall sentiment in the cryptocurrency market turning bearish. Ethereum was once again trading below $1,200, after trading above this point in recent days. Bitcoin Bitcoin … Read more
Bitcoin miners face a shakeout, one metric warns as the November monthly close looms for BTC. Go to Source Powered by WPeMatico
Mayor of New York City Eric Adams took a supportive, if somewhat veiled, stance on the partial crypto mining ban imposed in the state. A law signed by fellow Democrat and New York Governor Kathy Hochul temporarily limits the minting of digital currencies using fossil fuels. New York Mayor and Bitcoin Supporter Eric Adams to … Read more
Twelve months after Bitcoin’s last all-time high, seven-figure BTC balances have taken a hit. Go to Source Powered by WPeMatico
At the time of writing the global cryptocurrency market capitalization is hovering around $842 billion on Sunday, Nov. 27, 2022. Bitcoin prices consolidated since the start of the week, as seven-day stats indicate the price of bitcoin has dropped by 0.02% this week. Meanwhile, while bitcoin prices remain static, a number of alternative crypto assets … Read more
DOGE, LTC, LINK, and APE are showing signs of buying even as Bitcoin’s next directional move remains uncertain. Go to Source Powered by WPeMatico
Cryptocurrencies like bitcoin and ether cannot be classified as securities or investment instruments, according to a communication issued by the financial watchdog in Belgium. The authority has tried to clarify the matter, noting that the digital coins may be subject to other regulations. FSMA: Securities Laws Do Not Apply to Bitcoin and Other Decentralized Cryptocurrencies … Read more