Some analysts say GBTC’s discount is narrowing because investors are pricing in the SEC’s approval on several pending spot Bitcoin ETF applications.
Category: Discount
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Bitcoin on $3K discount at Binance.US, but there’s a catch
Bitcoin is selling for just over $27,500 on Binance.US, a nearly $3,000 discount from global spot prices.
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Bitcoin selling for $5K cheaper on Binance Australia as fiat ramp closes
One Bitcoin can be bought for the equivalent of $22,000 on Binance Australia if paying with Australian dollars. The problem is getting it there.
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Grayscale’s GBTC Discount to NAV Breaks Records as Spread Widens by More Than 35%
Grayscale Investment’s Bitcoin Trust (GBTC) has dropped to a new low this week as the bitcoin fund tapped a record 35.18% low against bitcoin spot prices. GBTC’s discount to spot has been underwater for a total of 577 consecutive days. GBTC Discount to NAV Widens by 35% — Fund Reaches an All-Time Low Against BTC […]Powered by WPeMatico
How to Save Over 15% Shopping on Amazon With Bitcoin Cash
There’s an ever growing list of places on the web where you can spend Bitcoin Cash (BCH). However, Amazon stands out as an online retail giant that dominates many markets. Today’s tip explains how to shop on Amazon using bitcoin cash (BCH) while claiming a great discount to boot. Also Read: What It Takes to […]
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Lloyd’s of London Insures Cryptocurrency Custody Service Kingdom Trust
According to the institutional cryptocurrency storage platform Kingdom Trust, the company is now insured by the world’s largest insurance marketplace, Lloyd’s of London. The Kentucky-based alternative asset custody service, Kingdom Trust, claims to hold assets worth $12B that consist of 30 digital currencies under its wing. Also Read: Crypto-Backed Lending Platform Blockfi Approved to Operate in […]
The post Lloyd’s of London Insures Cryptocurrency Custody Service Kingdom Trust appeared first on Bitcoin News.
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Luxury Shopping Marketplace Fancy Offers Discount for Bitcoin Purchases
Bitcoin whales and long term holders are always looking for places they can spend their cryptocurrency without having to touch fiat. Fancy allows just that, with a huge catalog of luxury shoes, high-end gadgets and much more. The site now accepts both BTC and BCH, and offers a special discount for crypto shoppers. Also Read: […]
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Venezuela Certifies 16 Cryptocurrency Exchanges
The president of Venezuela, Nicolas Maduro, has announced the end of the pre-sale for the Petro, the country’s “cryptocurrency”. He claims it has raised the equivalent of over 3 billion dollars. Maduro has also certified 16 crypto exchanges he hopes will start listing his country’s new currency. Also read: Yahoo! Japan Confirms Entrance Into the Crypto […]
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Venezuela Considers Selling Its ”Oil-Backed” Cryptocurrency With a 60% Discount
The advisors of the Venezuelan government have recommended that the country’s oil-backed cryptocurrency, the petro, be sold in private placements at a discount of up to 60 percent. 38.4 million petros, with a face value of around $2.3 billion, could go on sale starting on February 15. Also read: South Korea Urges 23 Countries, EU, and […]
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