While Wall Street continues to slowly incorporate Bitcoin, Merrill Lynch has decided to go the other way, banning its advisors from buying Bitcoin-related investments for their clients. #ANALYSIS
Grayscale Bitcoin Investment Trust withdraws its SEC application for NYSE’s Arca exchange trading, doesn’t believe in approval
Cryptocurrency owes its present success to its multidisciplinary nature. Here’s who we have to thank.
Bitcoin maintains lead over the competition, but altcoins have one significant advantage.
Bitcoin Cash has been a rather remarkable cryptocurrency these past few weeks. With its value slowly picking up, things are evolving in the right direction. It turns out Grayscale Investment may launch a BCH entity in the near future. This would work similar to the Bitcoin Trust – or GBTC – but solely focus on […]
The Bitcoin Investment Trust (GBTC) is currently trading at $927 per share. It represents a price of $10,000 per Bitcoin, almost 120 percent premium on the current Bitcoin …
Despite a few scaling issues with Bitcoin, it is still considered as one of the leading and easily recognizable cryptocurrencies today as investors are having massive gains…
The demand toward Bitcoin is also increasing at a rapid rate in the public stock markets. Some ETFs and instruments including Bitcoin Investment Trust are being traded with…
A major mainstream investment company, Rothschild Investment Corporation, has embraced cryptocurrency by investing in bitcoin. The company recently filed a holdings report that solidified this investment move. They bought shares of the GBTC, or the bitcoin investment trust, which acts as a share that tacks its value to bitcoin’s price. Also read: What Every Bitcoiner Should […]
Rothschild Investment Corp. Buys into BTC Per SEC.
These days bitcoin continues to outperform many traditional assets as the decentralized currency has become the premiere digital asset class of the 21st century. There are many ways individuals can obtain bitcoins and hold the appreciating investment themselves. However, there are also other traditionalized methods where people can invest in cryptocurrencies through trusts, self-directed IRAs, […]
The issuer of Europe’s only bitcoin-based exchange-traded notes (ETNs), XBT Provider, on Thursday announced that its assets under management (AUM) have doubled within the last 45 days to $100 million, due to “rapidly escalating” demand from investors. In addition, the Swedish-domiciled company has partnered with leading Bitcoin wallet and custodian Xapo. Also read: Britain’s Largest Broker […]
Britain’s leading brokerage firm, Hargreaves Lansdown, now offers bitcoin exchange-traded products to its 876,000 customers. These investments are available for regular brokerage accounts as well as self-invested personal pension accounts. Also read: Chinese Bitcoin Exchanges Resume Withdrawals Largest British Broker Hargreaves Lansdown plc is a financial service company based in Bristol, a city in South West […]
Global demand for Bitcoin is increasing. That is a fact very few people will deny at this time. However, not all investors sign up for an exchange to buy Bitcoin. Nor will they use leverage trading to predict the price either. Instead, they will flock to solutions such as GBTC. The Bitcoin Investment Trust is […]
Investor demand for Bitcoin is at a clear peak as Barry Silbert’s GBTC shares trade at 80% above spot price.