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Bitcoin Investment Trust (GBTC)

Other OTC - Other OTC Delayed price. Currency in USD
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11.19-0.55 (-4.64%)
At close: 04:00PM EDT

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  • W
    William ₿
    Nasdaq has already had its toes dipped into the crypto waters. Crypto exchanges have been using the company’s matching engine technology while other firms in the crypto sphere outsource its surveillance and trading software.

    Now, the world’s second-largest stock exchange is going headfirst by creating a new digital assets division that will act as a custodian of digital assets and initially offer Bitcoin and Ethereum to institutional investors.
  • W
    William ₿
    A Bitcoin whale just moved $32,092,763 worth of Bitcoin off Coinbase.
  • W
    William ₿
    Singapore’s largest bank to offer Bitcoin to 100,000 more clients to meet increased demand
  • W
    William ₿
    Gold prices are down nearly 20% from March highs. Transactions of commodities, including gold and other precious metals, usually happen in dollars. A stronger dollar makes it more expensive for foreign investors to buy in, and can reduce demand, pushing down prices. Gold also competes with government bonds as a safe haven investment. And when investors can get better returns on the latter, the former looks far less attractive.
  • J
    Jeffrey
    time to buy is now at the new low price
  • W
    William ₿
    A bill in the US House of Representatives has been drafted that would criminalize the issuance of algorithmic stablecoins (think Terra).
  • W
    William ₿
    This is a generational opportunity to buy more ₿itcoin at these levels, and the G₿TC DISCOUNT just makes it that much sweeter!!!! I'm expecting that dip to $10.80 when we test $17.5K.
  • W
    William ₿
    Bitcoin Mining Data Center Firm Compute North Files For Bankruptcy.
    They provide data centers for crypto mining giants such as Compass Mining and Marathon Digital and owes some $500 million to 200 creditors.
  • W
    William ₿
    Cipher Mining (CIFR) is looking to sell up to $250 million in stock. Also, miner Iris Energy (IREN) announced a deal with investment bank B. Riley to sell up to $100 million of equity.
  • W
    William ₿
    MicroStrategy is also making developments on the Lightning network, a payment protocol layered on the Bitcoin network, Saylor said. “We’re building Lightning wallets that can be deployed to enterprises, say that you can give it (bitcoin) to 1,000 of your employees in an afternoon, or lightning walls where you can wrap your websites with a layer of digital energy to protect it from cybersecurity attacks,” Saylor said. “We’re interested in cyberspace and continue to spread Bitcoin. We’re going to use our enterprise software skills to do that,” he said.
  • W
    William ₿
    The FED will release quarterly forecasts for inflation, the economy, and the future path of interest rates Wednesday at 2 p.m. ET.
  • W
    William ₿
    Generally, when the DISCOUNT widens it is a precursor that more downward pressure is on the way. My buys orders for more G₿TC are in and are waiting to be filled when we retest the $17.5 level, hopefully during market hours and NOT on the weekend.
  • W
    William ₿
    MicroStrategy buys 301 more BTC for $6 million in cash.
  • W
    William ₿
    The dollar is spiking on today's news. Usually, ₿itcoin moves in the opposite direction. I'm not sure what ₿itcoin shorts are waiting for today.
  • W
    William ₿
    The stock market has been Powelled, and G₿TC has been Genslered.
  • W
    William ₿
    If ₿itcoin retests $17.5K, that is about a 10% drop and means GBTC will get to about $10.80.
  • W
    William ₿
    SEC claims all Ethereum transactions fall under US jurisdiction because the nodes are "clustered more densely" in the U.S.
  • W
    William ₿
    Jump in volume for GBTC today to 1,466,578 after hitting 50-week low
  • W
    William ₿
    The Bank of Israel (BOI) began to release new procedures to operate within the bitcoin and cryptocurrency ecosystem. Now, Bits of Gold will be able to transact within the legacy financial infrastructure far easier thanks to one of those procedures requiring banks to interact with “crypto-originated transactions” from licensed entities, per the release. The exchange plans to launch its custodial service, Bits of Gold Wallet, which will be insured. Additionally, the company will launch Bits of Gold Connect, a system of integrations which will allow fintechs, banks and other institutions to offer their clients access to bitcoin or cryptocurrencies via Bits of Gold.
  • W
    William ₿
    Matt Schultz, the executive chairman of bitcoin miner CleanSpark, estimates that there are 250,000-500,000 new mining rigs sitting in their boxes across the U.S. "The market is choking on the volume of new hardware, some that was preordered and financed with the hope of expansion," said Denis Rusinovich, co-founder of CMG Cryptocurrency Mining Group and Maverick Group. "Bitmain's new discount price of $19/TH will definitely lead the rig market to drop further," said Arcane Research