The crypto market collapsed as Silvergate and Silicon Vallet Bank announced their bankruptcy. Most cryptos collapsed by an average of 8% in the past 7 days. MATIC was among the cryptocurrencies that c...
Tag: Discount
Fed Discusses Easing Access to Discount Window to Help Banks
(Bloomberg) — The Federal Reserve is considering easing the terms of banks’ access to its discount window, giving firms a way to turn assets that have lost value into cash without the kind of losses t...
Insolvency fears led many to turn to other stablecoins, sell USDC at a major discount
Several USD Coin (USDC) holders have fled to other stablecoins since March 10 amid fears surrounding its solvency following the disclosure that a small portion of USDC’s collateral was held at S...
Will USDC Crash? USD Coin trading at a 10% Discount!
The cryptocurrency market started crashing again earlier this week, as Bitcoin broke its support price of 20K. The total crypto market cap slipped below $1 trillion and panic spread quickly. Many cryp...
3 Top Guru Favorites Trading Near 52-Week Lows
Summary The Most Broadly Held Portfolio has outperformed the S&P 500 over the past decade and since inception. Three stocks in this model portfolio are trading near 52-week lows. Among GuruFocus’ ...
GBTC discount narrows, bitcoin trades above $22,000 as Silvergate leads drop in stocks
Markets • March 8, 2023, 11:04AM EST Grayscale’s premier fund traded higher as its discount narrowed following what some perceived as a successful day in court. Crypto prices slipped across the ...
GBTC discount narrows following arguments in Grayscale-SEC lawsuit
On Tuesday, shares of Grayscale’s Bitcoin Trust (GBTC) rose as much as 16% following an oral argument hearing in the company’s lawsuit against the SEC. As of Monday, shares of Grayscale...
GBTC Discount Collapses Due to Grayscale’s Unexpected Court Success
Alex Dovbnya The Grayscale Bitcoin Trust (GBTC) discount collapsed in value after oral arguments presented in federal court on Tuesday appeared to side with Grayscale in their legal fight against the ...
Grayscale’s GBTC Discount Narrows As Judges Grill SEC Moves
Grayscale Bitcoin Trust (GBTC): The attorneys representing the U.S. Securities and Exchange Commission’s (SEC) in the Grayscale lawsuit faced tough questions from the judges. The primary discussion on...
GBTC discount narrows during SEC hearing, yield curve inversion deepens; 60% probability for 50bps hike
Quick Take Result of Powell Speaking The US 10-year minus 02 years has reached -100 bps inversion. The forward growth outlook is a full percentage point lower than the expected policy rate. Levels of ...
GBTC Discount Narrows by Over 42% as Grayscale-SEC Face Off Inches Closer
At the center of the Grayscale-SEC drama is Grayscale Bitcoin Trust (GBTC) – the world’s largest Bitcoin fund – which has for two years been trading at a steep discount to the crypto-asset it holds. T...
GBTC Discount Narrows to 42% Ahead of Grayscale’s ETF Hearing Tuesday
Laurent Kssis, a crypto trading adviser at CEC Capital, said that with GBTC trading at such a discount it makes sense to hold some of the shares, however, traders must be brave if bitcoin’s price cont...
Bitcoin ‘Kimchi Premium’ in South Korea Goes to Discount
South Korea’s “Kimchi Premium” – a metric showing crypto’s price difference in global exchanges and such located in the Asian nation – went into a discount territory for the first time since January 1...
South Korea’s Kimchi premium turns to discount
South Korea’s “Kimchi premium” has flipped to a discount again, meaning cryptocurrencies such as Bitcoin are now cheaper to buy on South Korean exchanges. The phenomenon is named after the Korea...
Upcoming Correction May Discount FLOKI By 16%; Buy This Dip?
Published 20 hours ago After witnessing an explosive rally earlier this week, the Floki coin price halts at $0.00006 psychological resistance. Furthermore, the daily chart showcasing higher price reje...
GBTC discount widens to highest point in 2023
Ad Grayscale Bitcoin Trust (GBTC) is trading at a discount of 47.35% to the underlying assets’ net asset value (NAV) as of Feb. 15 — a record low for the current year. GBTC shares are trading for $10....
Grayscale’s Bitcoin Trust Discount Broadens to Near-Record High
Grayscale’s GBTC discount has recently widened to a near-record high, sending shockwaves through the cryptocurrency market. This discount refers to the difference between the price of GBTC shares and...
Discount Bought As Top Whale Adds 223B Shiba Inu
Key Ethereum investor added 223.07 Billion Shiba Inu, making Shiba Inu the 8th most purchased token among the top 1000 ETH Whales in the past 24 hours. WhaleStats recently reported a massive accumulat...
Bruce Springsteen Tickets For Houston Now Cost The Same As Two Gallons Of Gasoline
NEW YORK, NEW YORK—DECEMBER 13: Bruce Springsteen performs at the 7th Annual John Henry’s Friends … [+] Benefit held at Town Hall on December 13, 2021 in New York City. (Photo by Al Pereir...
Why did LCID Stock Price Sank around 10% Amid $7500 EV Discount?
LCID Stock price has plummeted around 10% just after its announcement on providing the credit of $7500 on certain Electric Vehicles (EVs). LCID share price is about to slip below all of the 20, 50, 10...
Bitcoin slips as memecoins lead loses; GBTC discount to NAV widens
Cryptocurrency prices slipped across the board, even as the sector buzzes about the future of AI and big data tokens. Bitcoin was trading at $22,722 by 9:35 a.m. EST, down 1.5% over the past day...
DCG Dumps ETH Trust Shares Despite Steep Discount: Report
Digital Currency Group (DCG) has reportedly been selling shares of some of Grayscale Investments’ crypto trusts in an effort to raise capital following the bankruptcy filing of Genesis. Founded ...
Blink stock dives after upsized offering priced at a discount of more than 10%
Shares of Blink Charging Co. BLNK, -14.48% dove 8.4% in premarket trading Tuesday, after the electric vehicle (EV) charging company’s upsized equity offering priced at a 13.4% discount. The company ha...
Finnair Launches 40% Discount Before Ending Duty-Free Sales
Finnair customers have until the end of the month to bag 40% off on all its duty-free and travel … [+] retail stock. getty Finnish airline Finnair will drop both in-flight and pre-order retail s...
GBTC shares jump 10% in twelve days, narrowing discount to 40%
Quick Take The discount for GBTC is currently a whopping 40%, following a fall as low as 50%, which was the most significant discount on record. GBTC trades at a premium when shares are changing hands...
Bitcoin inches higher, GBTC discount narrows as share price perks up
Crypto prices remain in the green while related stocks were mixed in pre-market trading. GBTC’s continuing its positive start to the year. Bitcoin was trading at $17,400 at 8:45 a.m. EST, ...
GBTC shares jump 12%, narrowing discount to 38%
Grayscale’s Bitcoin Trust (GBTC) shares rose 12% on Jan. 9 to $9.65 and narrowed the discount to its net asset value to 38.55% — its largest one-day increase since February 2022, according to YC...
Grayscale Bitcoin: GBTC discount to NAV narrows to -38.55%
Shares of the Grayscale Bitcoin Trust (OTCMKTS: GBTC) rose on Tuesday as an uptick across the crypto market pushed prices of Bitcoin (BTC/USD) and other cryptocurrencies higher. What’s the discount to...
Grayscale Bitcoin Trust Discount Shrinks To 38%
The Grayscale Bitcoin Trust (GBTC) took a surprising development yesterday, Monday, January 9, when the world’s largest private BTC fund rose 12% in price. As TradingView data shows, the GBTC share pr...
Grayscale Ethereum Trust Discount Sinks to 60%, GBTC Down to 45%
The Grayscale Ethereum Trust (ETHE) has fallen to a record discount of -60% as fears over liquidations mount. The discount to net asset value (NAV) had been between -25% and -35% up until early Novemb...
Gray Scale Ethereum Trust (ETHE) Trading at 60% Discount
Altcoin News Since November 2021 it has consistently traded at a discount to market prices. Grayscale has been fighting the SEC for approval into Exchange-traded funds (ETFs). According to data provid...