Grayscale Bitcoin Trust Outshines Nividia With 220% Gain This Year
“GBTC is the gift that keeps giving,” one observer said.
Financial
Etf
Financial
Bitcoin Is Up 100% This Year. It’s Not Just Because of Spot BTC ETF Hype
While most observers tie bitcoin’s recent strength to the anticipation of a spot ETF approval, some analysts offer alternative explanations to the crypto’s rise.
Financial
First Mover Americas: Bitcoin Retreats Slightly; FTX Receives Bids for Restart
The latest price moves in crypto markets in context for Oct. 24, 2023.
Financial
Bitcoin Hovers Over $34K as BlackRock IBTC Ticker Euphoria Fades Out
Growth among most crypto majors seemed to lull as traders likely took profits on gains since the start of this week.
Financial
Bitcoin Spot ETFs Could See Inflows of $14.4B in First Year, Galaxy Says
An ETF could be a better investment vehicle for investors compared to currently offered products, such as trusts and futures, which hold over $21 billion in value, the fund said.
Financial
BlackRock Bitcoin ETF Has, Since August, Appeared on DTCC Site That Belatedly Moved Markets This Week
The price of bitcoin surged on Monday after BlackRock’s proposed ETF showed up on the DTCC’s website and dropped when it vanished Tuesday.
Financial
Coinbase, Bitcoin Miners Extend Gains as BTC Surges on BlackRock ETF Hopes
Shares of Coinbase (COIN), MicroStrategy (MSTR) and Marathon Digital (MARA) climbed more than 13% as bitcoin (BTC) topped $34,000.
Financial
Cathie Wood’s ARK Invest Sells 2% of Grayscale Bitcoin Trust Holdings as BTC Tops $34K
The fund also sold about $3.3 million worth of Coinbase shares (COIN) and bought $2.4 million shares of Robinhood (HOOD).
Financial
Bitcoin Bears Lose $178M as Prices Break Past $34K
Traders on crypto exchanges Binance, Huobi and OKX were hit for $50 million each, suggesting a large amount of leverage used on those platforms.
Financial
A Wild Few Minutes Drives Bitcoin Above $35,000 as ETF Excitement Starts to Thaw the Crypto Winter
BTC hasn’t seen these lofty levels since May 2022, when the cryptocurrency industry was just starting to get pummeled by scandals.