As the crypto market continues to bleed over the past days, the Grayscale Bitcoin Trust (GBTC) shares have widened their discount in relation to the underlying crypto held in the fund. GBTC Premium at New Lows According to recent data from Coinglass, the trust’s negative premium hit a new all-time low (ATL) as bitcoin struggles around the $35,000 mark. The GBTC has been trading on a steady decline since February last year, with the premium now sitting at 30%. The Grayscale...
Read More »Market Watch: Cryptocurrencies See Double-Digit Drops After Wall Street’s Friday Bloodbath
The bears continue to have complete control over the cryptocurrency market with numerous double-digit price losses from almost all assets. This comes just hours after the US stock market dumped in value again. Bitcoin Dumps $8K in Two Days It’s safe to say that the primary cryptocurrency has seen better days. In fact, they weren’t all that long ago as the asset jumped to $43,500 on Thursday following a $1,500 price hike. However, the situation changed vigorously hours later....
Read More »CNBC’s Jim Cramer Issued a Warning to Dogecoin Investors
The host of CNBC’s “Mad Money” – Jim Cramer – sounded a note of caution for investors regarding the popular memecoin Dogecoin. The American views it as a security that will soon get regulated. ‘Please Be Careful with Dogecoin’ The 66-year-old TV host often changes his stance on the crypto industry. Last year, he allocated some of his wealth into Bitcoin and Ether and even insisted on receiving his salary in the primary cryptocurrency. A few months later, the Chinese crackdown...
Read More »Mozilla Says “No” to Crypto Donations
The Mozilla Foundation announced on Twitter on New Year’s Eve that it was going to be accepting crypto donations. However, this decision has since come under fire by one of the firm’s co-founders, and it looks like Mozilla is rescinding the decision. Mozilla Foundations Rejects Crypto Jamie Zawinski – one of the people involved in creating Mozilla – says he’s happy to play a role in preventing the firm from making such a “terrible decision.” He has long been a big critic...
Read More »Bitcoin Loses $40K, Ethereum Below $3K: This Red Week’s Crypto Recap
To say that the past seven days were bad in the cryptocurrency market would be kind of an understatement. Most of the coins are down by solid double digits as the total capitalization lost around $250 billion and fell below $2 trillion. Let’s start with Bitcoin. The cryptocurrency was behaving relatively well throughout most of the week, and it even managed to reach above $43K earlier on Thursday, attempting to conquer the resistance above that – at $44K. On Friday, though,...
Read More »Losses Persist in Stock Market as Interest Rate Uncertainty Lingers
Why do I have to complete a CAPTCHA? Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. What can I do to prevent this in the future? If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware. If you are at an office or shared network, you can ask the network...
Read More »Bears Winning in Crypto Market: Bitcoin and Ethereum Drops Over 7% in 24 Hours
Why do I have to complete a CAPTCHA? Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. What can I do to prevent this in the future? If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware. If you are at an office or shared network, you can ask the network...
Read More »Yield App Launches V2 and it’s More Than Just a New Look
[PRESS RELEASE – Tallinn, Estonia, 20th January 2022] Yield App – the official digital asset wealth management partner of premier league football club West Ham United – has unveiled the hotly anticipated Version 2 (V2) of its platform, just 11 months since it launched in February 2021. In this short time, Yield App has garnered more than 70,000 users and more than $420 million in managed assets. The platform currently offers market-leading rates on USDT, USDC, BTC and ETH, as...
Read More »Bitcoin-Börse Erfahrungen: Diese Bitcoin Exchange hat das beste Rating bei Trustpilot
Bitcoin-Börsen sortiert nach Rating Welche Bitcoin-Börse gilt als seriös? Diese Frage ist nicht so einfach zu beantworten. Es kommt unter anderem darauf an, in welchem Land man sich anmeldet und welche Nationalität man hat. Wer Bitcoin kaufen oder handeln möchte, überprüft am besten zuerst, wo die entsprechende Bitcoin-Börse reguliert wird und ob Lizenzen vorhanden sind. Ein weiterer, wichtiger Hinweis sind das Rating auf der Bewertungsseite...
Read More »Bitcoin Cash Analysis: Risk of Drop To $300
Bitcoin cash price started a fresh decline from the $400 resistance against the US Dollar. The price is now trading below the $380 zone and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $365 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if there is a break below the $332 support zone. Bitcoin cash price is showing bearish signs below $380 against the US...
Read More »