Guggenheim CIO under fire for the timing of his changing BTC sentiment
The CIO of Guggenheim is under fire on social media for expressing different views about Bitcoin, seemingly on either side of a big investment. Go to Source Powered by WPeMatico
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Bloomberg’s Mike McGlone says BTC could be headed to $50K as gold loses appeal
The Bitcoin-to-gold price ratio could shoot to 100x with the digital asset’s volatility possibly dropping to gold levels by 2024. Go to Source Powered by WPeMatico
Bityard Launched ‘Grayscale Zone’ to Let Users Trade Coins Related to Grayscale Investment Trusts
PRESS RELEASE. As an exchange that offers professional crypto trading services, Bityard has been focusing on the fast-changing market as well as the increasing needs of global investors. In 2020, Bityard, with Binance as the liquidity supplier, started offering crypto spot trading services with more than 30 types of trading pairs. Moreover, Bityard also launched … Read more
Crypto hedge fund refutes JPMorgan’s claim that Bitcoin ETF is short-term negative for BTC
Research from Tyr Capital Arbitrage SP refutes JPMorgan’s claim that a Bitcoin ETF holds negative connotations for the BTC price. Go to Source Powered by WPeMatico
Crypto Asset Manager Bitwise Files to Publicly Trade Bitcoin Fund
On February 2, the crypto asset manager, Bitwise Asset Management, announced it had filed a Form 211 with the U.S. Financial Industry Regulatory Authority (FINRA). If the proposal is approved Bitwise will be able to deploy its shares publicly via over-the-counter (OTC) desks and secondary markets. Bitwise Plans to Compete With Grayscale’s Bitcoin Trust The … Read more
Grayscale may jumpstart the next phase of the Bitcoin bull run tomorrow
A release of funds from lock-up traditionally heralds the start of price upside and ends consolidatory phases, data shows. Go to Source Powered by WPeMatico
Grayscale is buying BTC 54% faster than it is mined so far in 2021
Grayscale is continuing its BTC accumulation spree, snapping up more than 40,000 BTC in just 16 days. Go to Source Powered by WPeMatico
US wealth manager adds 10,667 shares of GBTC as Bitcoin adoption grows
Demand for Grayscale’s Bitcoin Trust is growing. Kingfisher Capital went from owning zero shares to over 10,000 in just a few months. Go to Source Powered by WPeMatico
Grayscale prepares for DeFi future with new cryptocurrency trust filings
The world’s largest cryptocurrency asset management firm could be set to dip its toes into DeFi after filing five new coin trust registrations. Go to Source Powered by WPeMatico
Bitcoin held by public companies has surged 400% in 12 months to $3.6 billion
Public companies hold more than $3.6 billion worth of Bitcoin, technology research Kevin Rooke found. Go to Source Powered by WPeMatico
