Filecoin gains 40% in 48 hours: What’s driving the massive FIL price rally?
FIL, the native token of the Filecoin ecosystem, rallied by 40% in the past two days, catalyzed by two likely factors. Go to Source Powered by WPeMatico
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Digital asset investment products hit record $4.2B inflows already this quarter
Bitcoin dominates but Ethereum is growing in popularity for institutional investment products. Go to Source Powered by WPeMatico
Grayscale halts GBTC inflow after record 15% discount
Just a few days after GBTC traded at a 15% discount to its BTC equivalent, Grayscale Investments has temporarily closed the trust to investors. Go to Source Powered by WPeMatico
Grayscale parent Digital Currency Group plans to buy $250M of its own GBTC shares
In a further sign of a shake-up in the institutional market, DCG is eyeing the purchase along with hiring ETF specialists. Go to Source Powered by WPeMatico
Discount on Grayscale’s GBTC Plunges to New Record Low as Competition From Emerging Rivals Intensifies
The premium on Grayscale Investment’s GBTC, which turned negative for the first time on February 23, is continuing its downward slide. As the latest Glassnode data shows, the GBTC was trading at a record low discount of -11.92% on March 4, 2021. According to the same data, this new low is a significant reversal from … Read more
Experts divided on BTC predictions: Bullish or super bullish?
From crypto advocates to former skeptics, pundits are outdoing themselves to predict ever higher prices for Bitcoin. Go to Source Powered by WPeMatico
Litecoin is trading at a 1,800% premium via Grayscale’s LTC Trust — But why?
Investors looking to gain LTC exposure using traditional equities are willing to pay a premium of more than 1,800% to buy it via Grayscale’s Litecoin Trust. Go to Source Powered by WPeMatico
Leverage traders ‘flushed out’ by late-February crypto crash: Glassnode
Crypto analytics provider Glassnode argues the late February BTC crash may have been a healthy reset that flushed excessive leverage out of the market. Go to Source Powered by WPeMatico
BTC Balance Sheets: 42 Companies Hold 1.3 Million Bitcoin Worth More Than $65 Billion
Since the company Microstrategy shifted a lot of its treasury reserves into bitcoin, a great number of companies have followed the firm’s lead. According to the web portal, bitcointreasuries.org, data shows that 42 companies are now represented on the list and the businesses hold more than $65 billion worth of bitcoin. The Corporate Bitcoin Stash- … Read more
Here’s how the Purpose Bitcoin ETF differs from Grayscale’s GBTC Trust
The newly launched Purpose Bitcoin ETF surpassed even the most bullish expectations but how does it differ from Grayscale’s GBTC Trust? Go to Source Powered by WPeMatico