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....
Ethereum (ETH) price dips below $1,800 as technical pattern suggests a bearish flip
Ethereum price is trading above $1,780 at the time of writing but downward pressure is likely to dip prices to $1,400—$1,250 range Ethereum price has declined below $1,800 after bulls failed to rally above the $1,850 resistance level. The ETH/USD pair is trading...
Major Israeli Investment House Invested $100 Million in the Grayscale Bitcoin Trust Fund in December 2020
One of the biggest asset managers in Israel allocated millions of dollars into the shares of Grayscale’s Bitcoin Trust (GBTC). Altshuler Shaham is now gaining exposure to bitcoin by investing $100 million in shares, according to a local media outlet. Altshuler...Interesting 13
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