BTC to end 2020 in style: 3 key factors predict Bitcoin price surge
Three key macro factors raise the probability of a prolonged Bitcoin bull market, but a short term correction is very likely. Go to Source Powered by WPeMatico
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Three key macro factors raise the probability of a prolonged Bitcoin bull market, but a short term correction is very likely. Go to Source Powered by WPeMatico
This week data from Arcane Research shows there’s been massive demand for Grayscale’s recently launched publicly traded crypto trusts. Following the trusts getting DTC eligibility last monday LTCN (litecoin) shares have been selling for a 753% premium while BCHG (bitcoin cash) shares have sold for a 351% premium. Grayscale Investments’ Litecoin Trust (LTCN) and Bitcoin … Read more
Prices are volatile for Grayscale’s LTCN stock asset. Go to Source Powered by WPeMatico
Grayscale notes that long term holders are increasingly dominating the Bitcoin markets over short-term speculators, driving demand relative to supply. Go to Source Powered by WPeMatico
Recent advertising campaigns by cryptocurrency fund management firms are well timed as investors look for safe havens from inflation. Go to Source Powered by WPeMatico
The company also happened to clear a Nasdaq and NYSE listing requirement in the process. Go to Source Powered by WPeMatico
‘Now is the time to invest in Bitcoin,’ the full-page ad in UK-based international business newspaper Financial Times states. Go to Source Powered by WPeMatico
Grayscale’s exponential growth demonstrates institutional demand for Bitcoin and other digital assets. Go to Source Powered by WPeMatico
This week cryptocurrency proponents discussed the firm Grayscale Investments, as the firm purchased 9,702 bitcoins (over $110 million) in the past five days. The news follows Grayscale informing the U.S. Securities and Exchange Commission (SEC) that the Bitcoin Trust (GBTC) grew over $1.6 billion in 2020. Last Friday, Grayscale Investments filed a quarterly report with … Read more
Grayscale’s Bitcoin Trust issued almost twice as many shares, but arbitrage could have played a role. Go to Source Powered by WPeMatico