GBTC has a new a competitor in the OTC Bitcoin trust market
A firm called Osprey Funds is offering an over-the-counter, or OTC, Bitcoin (BTC) trust under the ticker symbol OBTC. The trust is similar to Grayscale’s Bitcoin Trust, known as GBTC. …
Altcoins sell-off as traders jostle to hold Bitcoin price above $40K
Altcoin’s recent gains have come under pressure as Bitcoin (BTC) price dropped to retest lower support levels after reaching a new all-time high at $41,940. Following Bitcoin’s Jan. 7 push …
Bitcoin FOMO? Tesla and these four stocks crushed BTC’s gains in 2020
Bitcoin (BTC) has wowed investors with all-time highs and year-to-date returns of over 200% — but there are stocks that still beat it. As of Dec. 22, markets’ data shows …
Fractional stocks go to pot as FTX lists tokenized cannabis shares
Cryptocurrency derivatives exchange FTX has announced it is growing its line of tokenized stock offerings, with the addition of five cannabis-related businesses. The Dec. 16 announcement, tweeted by FTX and …
Bitcoin the third ‘most crowded trade’ in global fund manager survey
A new survey of global fund managers reveals that Bitcoin has climbed in the rankings of “most crowded trade” beating out traditional investments like gold and bonds. Bitcoin was third …
After Microstrategy downgrade, analysts recommend smallcap crypto-centric bank
Following a Citi report downgrading business intelligence firm Microstrategy’s stock to a “sell” rating, analysts for popular trading website the Motley Fool have recommended a lesser-known bank stock that also …
Anthony Pompliano breaks down his Bitcoin outlook for 2021
In an exclusive interview with Cointelegraph, Pomp reaffirmed the Bitcoin price prediction he made back in 2019. “It’s going to be pretty aggressive. I am pretty confident in Bitcoin to …
Where next for Bitcoin price? BTC continues to stagnate below $18K
Throughout the past few days, the sell-side pressure from all sides has intensified. Bitcoin miners have sold their holdings at a scale unseen for over three years. On top of …
World first Ethereum ETF debuts in Canada … with a trading halt
The world’s first Ethereum-based fund to be listed on a major stock exchange opened for trading on Thursday, but not without some hiccups. Listed on the Toronto Stock Exchange, The …
“Every downturn in history has ended in an upturn,” says Acorns CEO
Investing app Acorns aims to help people grow their savings and wealth, but how does inherent market risk factor into the equation? CEO Noah Kerner gave his thoughts on that …