2021-7-12 16:34 |
Contrary to JPMorgan’s analyst, the major GBTC unlock on July 18 might not put any downside risk on BTC’s spot price.
Similar to Notcoin - Blum - Airdrops In 2024
2021-7-12 16:34 |
Contrary to JPMorgan’s analyst, the major GBTC unlock on July 18 might not put any downside risk on BTC’s spot price.
Similar to Notcoin - Blum - Airdrops In 2024
Bitcoin sits in the shade as the GBTC share price creeps ever closer to 1:1 against the BTC price.
2023-9-12 17:37 | |
New research questions the gravity of the upcoming unlocking events at the Grayscale Bitcoin Trust, pointing to bigger potential price threats later in 2021.
2021-7-8 14:10 | |
The price of Bitcoin continues to maintain its $30k-$40k range as it trades above $33,500 following the weekend's uptrend to about $36,000. Amidst this sideways chop, everyone is focused on Grayscale Bitcoin Trust (GBTC), whose share unlocks is coming to an end.
2021-7-5 18:47 | |
On Saturday, the price of Bitcoin went as low as $30,150 as the prices started tanking ahead of the weekend. But before the weekend was over, the prices started pumping back up, with Bitcoin going above $35,000 late Sunday/ early Monday.
2021-6-28 15:25 | |
As the Grayscale Bitcoin Trust trades at a discount, demand won't be reflected in the bitcoin price.
2021-6-19 15:00 | |
Meanwhile, GBTC continues to trade at a steep discount. From the low of 21.23% last week, the discount has recovered a bit, and during this time, the BTC price crashed almost 20%. The post Grayscale Bitcoin Trust (GBTC) Shares to Flood the Market Over the Next Couple of Months first appeared on BitcoinExchangeGuide.
2021-5-19 17:46 | |
Grayscale, one of the largest cryptocurrency fund managers, has declared it is trying to morph the bitcoin trust GBTC into an exchange-traded fund (ETF) to solve its price woes. The exchange rate is now at a 20% price discount compared to its bitcoin holdings, a fact that has many worried about the overall sustainability of […]
2021-5-16 06:30 | |
Since February, Grayscale Bitcoin Trust (GBTC) has continued to trade at a negative premium. The Bitcoin fund, available to institutional investors on the traditional stock market, has traded below the price of Bitcoin since February 22, 2021 — a telling sign that its demand was drying up.
2021-4-5 10:51 | |
The currency bitcoin market correction has dealt a particularly harsh blow to Grayscale Bitcoin Trust (GBTC), the biggest fund tracking the cryptocurrency. BTC Price Momentum As bitcoin prices plummet, the fund has gone into free-fall, shedding almost 20% off its $29.
2021-3-26 20:00 | |
Grayscale Bitcoin fund products have traded at average discounts of 4.66% and 4.34% compared to NAV (net asset value) throughout March. This comes at a time when Bitcoin's price has dropped over 8% inThe post GBTC discount hit all time high, so where will Bitcoin's price head next? appeared first on AMBCrypto.
2021-3-26 17:30 | |
Despite GBTC trading at a discount, Bitcoin's price has been rallying on the charts lately. At the time of writing, BTC was trading at $54,000, with the cryptocurrency recovering somewhat from its ranThe post Bitcoin at $57,000 before the weekend? Here's why it is possible appeared first on AMBCrypto.
2021-3-10 16:00 | |
GBTC share prices have also been taking a beating along with the sell-off in the traditional market while the price of Bitcoin continues to consolidate in the $40k-$50k range. The post GBTC Discount Starts Making A Recovery After Crashing to a Record Low of Almost 12% first appeared on BitcoinExchangeGuide.
2021-3-7 21:18 | |
The Grayscale Bitcoin Trust (GBTC) has been having its adversest month in its seven-year history. GBTC has dropped to nearly a 12% discount, its highest ever. However, according to one analyst, this could signal Bitcoin’s spike to $100,000 if history repeats itself.
2021-3-7 13:03 | |
History repeating itself have the potential to spark a 2-4X BTC price run, data covering the GBTC premium suggests.
2021-3-6 13:26 | |
Bitcoin ETFs are also making waves, with BTCC doing three times more volume than any other ETF in Canada. Meanwhile, Bitcoin price, which is ready to hit $58k, is up 92% YTD compared to gold’s -5.
2021-2-21 17:04 | |
Besides a Bitcoin ETF eroding GBTC's effective monopoly status and causing a cascade of GBTC outflows, the bank strategists also see more mainstream corporates following Tesla “unlikely.” The post A Bitcoin ETF Would Have Negative Near-Term Implications for BTC Price: JPMorgan first appeared on BitcoinExchangeGuide.
2021-2-10 16:07 | |
Much like last time, Guggenheim chief investment officer, Scott Minerd, calls for a fundamental research-based price target, which is 50% higher than his previous $400,000 per BTC. Minerd, in his interview with CNN’s Julia Chatterley, said, “We have done a lot of fundamental research.
2021-2-4 20:02 | |
Grayscale’s dropping BTC premium is sounding alarm bells for investors and traders alike. Alarm bells isn't an understatement, especially since the premium plummeted to 2% from about 30% back in DecThe post The GBTC story - How Grayscale determines Bitcoin's price, future appeared first on AMBCrypto.
2021-1-26 23:30 | |
Following the recent bitcoin price pullback, the latest Skew data now indicates that the premium rate on Grayscale’s GBTC is under 10%. The lower rate comes just weeks after the premium peaked at 41% towards the end of December.
2021-1-23 10:15 | |
The Grayscale Bitcoin Trust (GBTC) just got a whole lot bigger after the firm bought the recent dip to stack more Bitcoin at a discounted price. According to data from Bybt, 16,244 BTC worth $590M was purchased by Grayscale Investments yesterday.
2021-1-19 14:22 | |
Singapore investment firm Three Arrows Capital is probably one of the institutional whales responsible for the massive surge in the price of Bitcoin (BTC) since late 2020 judging by the company’s ownership of Grayscale Bitcoin Trust (GBTC) shares.
2021-1-6 16:00 | |
Grayscale Bitcoin Trust may be the closest to a Bitcoin ETF in 2020. The daily GBTC trade volume has increased steadily since June 2020 and this is critical to Bitcoin’s price and liquidity. GrayscaThe post Here's why Bitcoin accumulation isn't stalling despite $19K price appeared first on AMBCrypto.
2020-12-4 21:00 | |
Traders view the premium on Grayscale Investments GBTC shares as a bullish sign, so does the recent drop to a 20-month low mean a correction is coming?
2020-7-23 00:02 | |
The shares of Grayscale Bitcoin Trust (GBTC) continue to drop while the BTC price remains stable
2020-7-17 21:17 | |
Bearish price movement despite large-volume Bitcoin post-halving purchases by Grayscale Bitcoin Trust points to the involvement of whales, states a renowned investor, and Bitcoin critic Peter Schiff.
2020-6-29 18:48 | |
Peter Schiff states that Grayscale's Bitcoin buying spree is actually very bearish for the BTC price
2020-6-26 20:54 | |
Ever since the coronavirus pandemic began, bitcoin has been on a rollercoaster ride. While the BTC price has been trying to push higher, in May, miner rewards were cut into half to 6.25 BTC. After miner inflow was reduced by 50%, there have been reports of Grayscale’s GBTC Bitcoin Trust buying the digital currency at […]
2020-6-15 21:32 | |
The premium on Grayscale’s GBTC shares has fallen, what does this say about institutional investor sentiment?
2020-4-19 01:25 | |
Grayscale’s GBTC fund attracted attention with the relatively large large gap between its share price and Bitcoin (BTC) spot prices. The closing of the gap may become a signal for future BTC developments, as currently the share price converges with BTC positions.
2020-1-21 16:00 | |
Bitcoin Investment Trust (GBTC) is still showing a high premium despite stagnancy in the bitcoin price.
2019-12-14 21:00 | |
After reaching new depths below the 8k level near the end of September, market valuations in BTC/USD have been largely trendless. Over the last month, bitcoin has been caught in a narrowing price range that has made it difficult for quantitative traders to plot the next trend direction for the crypto pair.
2019-10-20 23:01 | |
Bitcoin is currently trading below $8,000 at $7,948, as per Coincodex and at the moment, there are “many reasons to be bearish,” says economist and trader Alex Kruger. But the GBTC premium is not one of the reasons that will drive BTC price down as it just reflects current conditions and “not useful for making […]
2019-10-19 18:12 | |
As reported by NewsBTC yesterday, the Bitcoin (BTC) price has been relatively trendless as of late, falling under $8,300 after attempting to consolidate above $8,500. Some say that this non-volatility is an indicator that this market may soon break higher, looking to the fact that market trends, fundamentals, and the macro backdrop (semi-quantitative easing) have.
2019-10-14 01:00 | |
According to Timothy Peterson, an investor at Cane Island Alternative Advisors, the Bitcoin price could drop to the $6,000 region due to the gap between BTC and GBTC. Historically, Peterson said that the bitcoin price has followed the trend of the premium of the Grayscale Bitcoin Investment Trust (GBTC), an investment vehicle used by accredited […] The post Investor says Bitcoin price could drop to $6k based on GBTC premium appeared first on CryptoSlate.
2019-10-13 00:59 | |
The premium of GBTC, or the price of Bitcoin within the Grayscale investment vehicle, slid to a seven-month low. The indicator may reveal fatigue coming from either institutional investors or a wider pool of retail buyers.
2019-10-5 17:00 | |
Peter Schiff, known for his asset recommendations, pointed out the relative success of physical gold over Bitcoin (BTC). At least for a limited time period, investors in BTC logged deep losses of 40%, while gold chugged slowly upward.
2019-9-26 15:00 | |
Institutional investors are paying high premiums for shares of the Grayscale Bitcoin Trust (GBTC), which allows them to bet on Bitcoin (BTC) without holding the asset itself. GBTC is an investment vehicle which tracks the spot price of Bitcoin, providing investors from mainstream finance with a familiar means to gain exposure.
2019-9-6 17:16 | |
Crypto companies make bad predictions sometimes. This is exactly what has happened recently with the Grayscale Bitcoin Trust (GBTC), which recently told investors that they should stop investing in gold and turn to Bitcoin instead.
2019-8-27 21:34 | |
Grayscale eating words after markets debunk Bitcoin-not-gold campaign
2019-8-27 13:21 | |
Grayscale eating words after markets debunk Bitcoin-not-gold campaign
2019-8-26 13:21 | |
Last week, we saw Bitcoin price falling to $10,500 level but is now making a good start of a new week. At the time of writing, BTC/USD has been trading at $10,720 with 24 hours gains of 2.81%. Price went as high as $10,753 while daily trading volume also sees a slight increase at $807 […]
2019-8-19 16:04 | |
2019 has been a pretty great year for cryptocurrencies so far. As revealed by the Wall Street Journal recently, this meant that the Grayscale Investments’ Bitcoin Trust (GBTC) has outperformed most of the other indexes this year.
2019-7-10 00:27 | |
While Bitcoin price itself has begun the inevitable correction, dropping almost 17% since its recent high, investment funds for the asset are still hot potatoes. Grayscale Bitcoin Trust (GBTC) is a prime example as institutional interest has surged more than the asset itself.
2019-6-29 09:47 | |
The Grayscale Bitcoin Trust (GBTC) is trading at a serious premium, which works out to a Bitcoin price of almost $15,000 – indicating that further gains are imminent. ‘Big Money Coming In’ Via GBTC Data from Grayscale’s recent performance placed it trading at $14.
2019-6-25 13:23 | |
As Bitcoin is approaching another heyday era, investors should keep tabs on the GBTC stock
2019-6-22 17:16 | |
Grayscale Bitcoin Trust And Bitcoin Could Surge As recently released by Bloomberg, Fundstrat’s latest report suggests that a higher Bitcoin price is currently being supporter by market transparency and integrity.
2019-6-19 23:45 | |
By CCN Markets: With all of the crypto attention currently centered on Facebook’s Libra cryptocurrency, bitcoin could be gearing up for its best run to date. Fundstrat Co-Founder Thomas Lee believes that it is headed much higher in the near future, predicting that a fear-of-missing-out, or FOMO, will catapult the bitcoin price to $40,000 sooner than later.
2019-6-18 20:30 | |
By CCN: In the past six months, the bitcoin price has increased from around $4,000 to $8,000, recording a staggering 115 percent year-to-date gain against the U. S. dollar. Historically, the bitcoin price has tended to recover a year before and after the block reward halving, a mechanism that decreases the rate in which new bitcoin is produced by miners by half.
2019-6-7 16:14 | |
Event though prices have since cooled off, the Grayscale Bitcoin Trust (GBTC) traded at $11. 44. This essentially placed a price tag of $11,600 on Bitcoin on May 29th. Taking to Twitter, Rhythm Trader said: “Grayscale.
2019-5-31 18:20 | |