Peter Schiff Claims Grayscale Will Sell BTC to Fund DCG’s Acquisition of GBTC Shares Rebuffed
Gold bug and bitcoin opponent, Peter Schiff has alleged that the Digital Currency Group (DCG)’s plan to acquire GBTC shares worth $250 million could be an indication that Grayscale Investment will be reducing the value of its AUM. In addition, Schiff claims in...
Microstrategy Scoops up 262 Bitcoin, Treasury Holds 91K BTC at an Average of $24K per Coin
On March 12, the publicly-listed firm Microstrategy announced the company purchased an additional 262 bitcoin for $15 million in cash. The company’s CEO Michael Saylor announced the acquisition of the coins during the morning hours on Friday (ET) to his 623,000...
Dropping GBTC Premium: Anonymous Group Claims Blockfi Facing Solvency Issues Due to Exposure to the BTC Trust
An anonymous group has claimed that Blockfi, which has an estimated $1.8 billion in customer assets invested in Grayscale Investment’s GBTC, is facing potential insolvency issues associated with the negative premium on the GBTC shares. Using the negative premium...
Cardano price corrects below $1.10: What’s next for ADA/USD?
ADA has traded lower since reaching an all-time high of $1.48 on 27 February Cardano’s price is restricted near a critical support level and could see further losses despite the bulls’ efforts to recover from a 5% downturn during early trading on Friday....Interesting 13
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