BTC price faces 20% drop in weeks if Bitcoin avoids key level — analyst
Bitcoin does not look good when it comes to sustained BTC price upside, traders warn, as GBTC reaches a fresh record discount. Go to Source Powered by WPeMatico
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Grayscale CEO highlights 20% GBTC share buyback option if ETF conversion fails
The proposed offer would require both SEC relief and shareholders’ approval. Go to Source Powered by WPeMatico
SEC looks to intercept Grayscale Bitcoin ETF review bid
The SEC is looking to block an appeal from Grayscale Investments after denying its proposed Bitcoin exchange traded fund. Go to Source Powered by WPeMatico
GBTC ‘elevator to hell’ sees Bitcoin spot price approach 100% premium
Bad times for the Grayscale Bitcoin Trust (GBTC) get even worse this week as its discount to BTC/USD approaches 50% for the first time. Go to Source Powered by WPeMatico
Fir Tree fund sues Grayscale in effort to force changes to Bitcoin Trust
The New York-based hedge funds want Grayscale to cough up information about its flagship Bitcoin trust which it believes could reveal potential mismanagement. Go to Source Powered by WPeMatico
Will Grayscale be the next FTX?
Grayscale is fighting the good fight on behalf of everyone in cryptocurrency. Go to Source Powered by WPeMatico
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
Crypto Biz: Institutions short Bitcoin as SBF is ‘deeply sorry’ for FTX collapse
The fallout from the FTX collapse continues to reverberate across the crypto market. Institutions are using this opportunity to short BTC. Go to Source Powered by WPeMatico
$15.5K retest is more likely, according to Bitcoin futures and options
Bybit launching a $100 million fund and Binance’s proof of reserves might have marked the cycle low at $15,500. Go to Source Powered by WPeMatico
Disaster looms for Digital Currency Group thanks to regulators and whales
Regulators failed to regulate, and venture capital firms invested without conducting the proper due diligence. Go to Source Powered by WPeMatico