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Tag: bitcoin trust

Grayscale CEO Will Consider Massive Share Buyback if SEC Lawsuit Fails

Grayscale may consider a 20% tender offer on GBTC shares if its bid to convert into a Bitcoin spot ETF ultimately fails, said...

Dutch Bitcoin Exchange Bitvavo Alleges Digital Currency Group Is Having ‘Liquidity Problems’

Dutch cryptocurrency exchange Bitvavo says it has 280 million Euros ($297 million in USD) stuck with Digital Currency Group (DCG), or 17.5% of the...

Guggenheim Partners CIO: Crypto Will Be ‘Transformative’ to the General Economy

On Wednesday (14 December 2022), Scott Minerd, Global Chief Investment Officer of Guggenheim Partners, shared his thoughts on crypto. Minerd is also the Chairman of Guggenheim...

GBTC’s Discount Deepens to Near 50%

One bitcoin at Grayscale’s Bitcoin Trust (GBTC) is worth 50% less than one bitcoin on global exchanges. That’s a further increase in the discount over...

Grayscale opens DeFi Fund to public investors

Investment management firm Grayscale has opened its decentralized exchange (DeFi) Fund (under the ticker DEFG) for public trading via the over-the-counter...

47% of Bitcoin Owners’ Gains From the Peak Bull run Now Erased

While Bitcoin is attempting to recover its losses after the recent FTX meltdown, data indicate that holders have almost erased 47% of the gains...

GBTC Discount Hits All-Time Low of 47%

Shares of the Grayscale Bitcoin Trust, a popular investment vehicle for institutional investors seeking exposure to Bitcoin, are now trading at the lowest discount...

Crypto Markets Today: Record Grayscale Bitcoin Trust Discount Widens Industry Woes

Bitcoin (BTC): The largest cryptocurrency by market capitalization was trading around $17,200, up 2.2% in the past 24 hours. BTC was hovering below the...

Castles Made of Sand Dollars: SBF, FTX, and other Three Letter Agents

The story of Bitcoin has certainly had its fair share of nefarious characters, criminal activity, bad haircuts and worse wardrobes, and yet our anti-hero...

Grayscale Under Scrutiny as Fir Tree Capital Files Lawsuit

Fir Tree Capital Management sues Grayscale investments.The lawsuit is to gather information on potential mismanagement of its Bitcoin trust.Fir tree also wants to halt...

Grayscale Says Each GBTC Share Is Backed by Proportionate Amount of Bitcoin

Grayscale, the entity behind the Grayscale Bitcoin Trust (GBTC), shared details of its digital asset products.In a Dec. 1 post, Grayscale said its products...

Adam Cochran on Why Crypto Prices Will Be Down Bad for the Next Six Months – Ep. 427

Adam Cochran, partner at Cinneamhain Ventures, talks about the collapses suffered during this year, their impacts on big traditional finance players, and what’s coming...

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