Grayscale Bitcoin Trust Premium Sharply Rebounds: Could It Return to Positive?
Since February, Grayscale’s premier crypto fund Grayscale Bitcoin Trust (GBTC) has traded at a negative premium to its net asset ...
Tag: cryptocurrencies
European Central Bank Publishes Risk Report on Bitcoin, Compares the Crypto to the Tulip Mania
Earlier last week, the European Central Bank published a new report on the financial stability of the European Union. The ...
Chia Network Closes $61 Million Funding Round with $500 Million Valuation
Chia Network, a blockchain and smart currency platform known for its storage-based mining, has raised $61 million from notable investors ...
Huobi Halts Futures Trading Services, Mining Pool in China as Regulatory Pressures Mount
Per Bloomberg, cryptocurrency exchange Huobi began blocking its Chinese customers from being able to access some of their services. When ...
Crypto Exchange FTX Set to Raise $1 Billion in Funding with $20 Billion Valuation
Crypto derivatives exchange FTX is raising a funding round with a private valuation just north of $20 billion. Per The ...
How Another Chinese Power Outage May Have Led to Bitcoin’s Flash Crash This Week
Earlier in April, an accident at a Chinese coal mine in Xinjiang sent Bitcoin network’s hash rate plummeting 30% in ...
Futu to Add Cryptocurrency Trading in U.S, Singapore and Hong Kong
Futu, one of the leading trading brokerages in China, revealed its plans to offer cryptocurrency trading later this year. In ...
Breaking: U.S. FED Will Publish Report On Cryptocurrencies In Summer
Per a press release issued by the U.S. Federal Reserve (FED), represented by its Chairman Jerome Powell, the institution will ...
