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Tag: bitcoin trust

Bitcoin Breaks Through the 200-Day Moving Average

Bitcoin has crossed $23,000 and for the first time in a year, it has also risen above the 200-day moving average. That’s a widely watched...

Another Day, Another Bankruptcy : Genesis To Wind Up Its Bankruptcy By May

Genesis, which filed for bankruptcy today, was in dispute with Gemini exchange. As per the exchange, Genesis owes nearly $900 million to Gemini customers...

Winklevoss Threaten to Sue DCG as Genesis Files for Bankruptcy

Cameron Winklevoss, the CEO of Gemini Earn which held $950 million in Genesis, threatened to sue the Digital Currency Group (DCG) after its subsidiary...

Is Genesis’s Prepackaged Bankruptcy The Ultimate Sacrifice?

What Happened: Embattled crypto lender Genesis is negotiating with creditors on the terms of its Chapter 11 bankruptcy filing, sources told The Block on...

Will Bitcoin Price Fall If Genesis Files For Bankruptcy? Here’s What We Know

After the DXY fell intra-day to a new 7-month low of 101.56 yesterday, the Bitcoin price briefly managed to tackle the key resistance zone...

Bitcoin in Passive Funds Near $10 Million

The Emerald Finance & Banking Innovation Fund is the latest to disclose they hold bitcoin through the Grayscale Bitcoin Trust (GBTC). This is a fund...

Grayscale Replies to SEC, Argues That Bitcoin (BTC) Spot ETF Denial Is Illogical

Crypto hedge fund Grayscale is telling the U.S. Securities and Exchange Commission (SEC) that its denial of Bitcoin (BTC) exchange-traded funds (ETFs) is “illogical.” Replying...

Grayscale Files Reply Brief to SEC Denial of its Spot BTC Conversion

GBTC submitted a 41-page Reply Brief with the US District Court of Appeals. Grayscale argued that the SEC acted arbitrarily in discriminating spot bitcoin....

Potential Paths Forward For The Grayscale Bitcoin Trust

The below is an excerpt from a recent edition of Bitcoin Magazine PRO, Bitcoin Magazine's premium markets newsletter. To be among the first to...

Bitcoin Threatens To Touch $18,000 Causing ‘Minor Negative Sentiment’ in the Crypto Market

Coinshares believes there is only “minor negative sentiment” in the crypto markets. Inflows of $1.2 million into “Short Bitcoin” funds demonstrate the bearish trend Despite the...

Stronger Bitcoin and Ether

The daily gain for Bitcoin (BTC) on Tuesday was 1.5%, the highest since December 20, 2022. It was a positive trading session for the BTC/USDT...

Grayscale Bitcoin Trust (GBTC) Jumps 12% Despite Ongoing Struggles

4 hours ago | 2 mins read Bitcoin News The trust’s discount relative to the NAV of its Bitcoin assets shrank...

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