Cryptocurrency Analysis and News Portal
Price PointBitcoin traded slightly higher early Thursday at $11,772 after falling for two straight days. The largest cryptocurrency by market capitalization has declined 1.3% this week as the U.S. dollar strengthened in foreign exchange markets. The greenback gained support Wednesday as the Federal Reserve said it wasn’t immediately planning to implement
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Bitcoin futures have seen a rising premium over spot BTC in recent months, which seems to indicate that traders are bullish on the benchmark cryptocurrency.This premium is particularly clear while looking towards the CME – which seems to indicate that professional traders and institutions are particularly bullish on BTC at
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Data has shown that Grayscale’s Ethereum Trust is currently trading at a huge premium against ETH’s net asset value, indicating that there’s a fair amount of FOMO following it.While it’s still hard to determine whether the huge increase was caused by institutional or individual investments, traders should be careful when
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At a macro level, the Bitcoin price bottomed every time the premium of Grayscale Bitcoin Trust (GBTC) fell substantially to a local low. After showing a 30 percent premium in March, GBTC markups fell steeply.Historical Bitcoin data shows a steep decline in GBTC premium led to extended ralles (Source: Bitcoin
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Grayscale’s Bitcoin Trust shares (GBTC) are currently trading at $7.49 per share, a 15.81% premium of Bitcoin. GBTC is the first publicly quoted security “solely invested in and deriving value from” Bitcoin and since listing it has been known to trade at a high premium, having hit a 2020 high
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Investors are paying a 515% premium to buy Ether through the Grayscale Ethereum Trust.It costs $90.55 to buy a share in Grayscale Investments’ Ethereum Trust (ETHE), however its Ether holdings per share are currently worth just $16.10. That means it’s five times more expensive to buy Ether via the
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Sharing is caring!Ficto, a subscription-based fast fiction streaming service that offers interactive shows produced exclusively for mobile without a paywall, has launched its mobile app, available on both iOS and Android. The platform uses blockchain-based smart contracts for payment. ~ advertisement ~ Featuring a full slate of premium programming cultivated from both A-list Hollywood
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After successfully forking from the Steem blockchain, Hive (HIVE) secured a listing on Bittrex — where it is trading for a 20% premium over Steem (STEEM).In a blow to Justin Sun, the cryptocurrency market appears to have chosen which chain it believes to be more valuable after Hive forked
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Cryptocurrency markets have seen fresh gains on Wednesday after the slight pullback that started two days prior. Most of the top 10
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Using P2P exchanges to cash out bitcoin provides privacy, but it comes with a premium – a price premium, to be precise.
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