Shares of the Grayscale Bitcoin Trust (GBTC) have never been cheaper relative to the value of the company’s underlying Bitcoin holdings. The GBTC discount has gone below 35% again for the first time s...
Tag: Discount
Grayscale’s GBTC Discount to NAV Breaks Records as Spread Widens by More Than 35% – Bitcoin News
Grayscale Investment’s Bitcoin Trust (GBTC) has dropped to a new low this week as the bitcoin fund tapped a record 35.18% low against bitcoin spot prices. GBTC’s discount to spot has been underwater f...
The biggest Bitcoin fund just hit a record -35% discount — A warning for BTC price?
Grayscale Bitcoin Trust (GBTC), a cryptocurrency fund that currently holds 3.12% of the total Bitcoin (BTC) supply, or over 640,000 BTC, is trading at a record discount compared to the value of its un...
Bitmain is Offering Huge Discount on ANTMINER
Bitmain announced a huge discount on its algorithmic mining equipment, ANTMINER S19 Pro. The firm offers the special discounted price of only $19/T or $1,900 per unit. ANTMINER S19 Pro Bitmain Technol...
Bloomberg Analyst Says Bitcoin Just Traded at Steepest Discount Ever – Here’s How BTC Can Reverse Course
Bloomberg Intelligence senior commodity strategist Mike McGlone says the crypto market crash recently reached extreme levels. McGlone says Bitcoin (BTC) recently traded at the steepest discount since ...
Bitcoin at Extreme Discount Right Now, Says Senior Bloomberg Strategist
Gamza Khanzadaev Bitcoin and US Treasury bills are safest assets, says Mike McGlone Mike McGlone, in his analysis of the current situation prevailing on financial markets, describing the extreme negat...
Kraken’s Jesse Powell: Don’t Discount Bitcoin
Bitcoin isn’t doing too well as of late. The world’s largest digital currency by market cap has fallen from its November all-time high of approximately $68,000 per unit to the low $20K range at the ti...
An Upcoming Pullback Could Discount The Hedera Price By 7.8%; Buy Now?
Published 14 hours ago With a 350% hike in volume spike, the Hedera(HBAR) challenged the $0.075 barrier. Moreover, the altcoin’s winning streak is moving to the six-day, and a successful breakout will...
Bitcoin Trading at a Discount, Says Bloomberg Strategist Mike McGlone – Here’s What Could Fuel BTC Recovery
Bloomberg Intelligence senior commodity strategist Mike McGlone thinks Bitcoin (BTC) is trading for less than it should be. McGlone says in a new report that he views Bitcoin as akin to internet stock...
Bloomberg Analyst Says BTC is Still in a Bull Market, But Trading at a Discount ⋆ ZyCrypto
Advertisement     Bloomberg analysts don’t seem to agree with the crypto community on Bitcoin’s current conditions. At the same time, everyone else has decided that BT...
Bitcoin May Soar After Current “Discount,” If History Repeats Itself: Bloomberg’s Chief Analyst
Yuri Molchan Major analyst of Bloomberg names past cases when Bitcoin nosedived as now and then spiked Disclaimer: The opinion expressed here is not investment advice – it is provided for informationa...
Bitcoin Still in Bull Market, Just Selling at Discount, Says Senior Bloomberg Analyst
Gamza Khanzadaev Bloomberg Intelligence senior commodity strategist on correlation between crypto and crude oil & Bitcoin being in bull cycle still Mike McGlone, a leading commodities strategist f...
AT&T sues T-Mobile over ‘dishonest and completely false’ senior discount ad campaign
AT&T is suing T-Mobile. On Tuesday, the carrier filed a complaint with a federal court in the Eastern District of Texas, accusing its rival of false advertising. T-Mobile’s recently launched “Veri...
Shiba Inu Discount Bought, Top Whale Scoops Up 656.64 Billion Shib In Multiple Transactions: Details
– Advertisement – 69th Biggest SHIB Whale Scoops Up 656.64 Billion Shiba Inu, Worth $7.87 Million in the Past 24 Hours. The 69th Biggest SHIB Whale (0x5d7f34372fa8708e09689d400a613eee67f75...
Euro-dollar exchange rate yields steep discount for Americans
Mathieu Young/Getty Images Americans traveling to Europe can do so a bit more cheaply these days than in recent years. The U.S. dollar is trading at its highest level in roughly two decades relative t...
CME Bitcoin futures see record discount amid ‘very bearish sentiment’
Bitcoin (BTC) futures are starting to see record discounts as sentiment among derivatives traders worsens. In its latest dedicated report issued Aug. 23, analysis firm Arcane Research painted a worry...
Bitcoin CME Front-Month Futures Reach Deepest Discount Ever Recorded
It’s a new record for the CME. The Chicago Mercantile Exchange’s front-month contracts exhibit a large discount compared to bitcoin’s spot market price. These are the futures contracts that are soon t...
BendDAO fixing NFT liquidations could lead to Bored Apes selling at a discount
The BendDAO community has voted to change its liquidation protocol for NFT auctions, in a move that could see items from popular collections like Bored Apes being sold at highly discounted prices. Ben...
Exchange Giant CME’s Bitcoin Futures Just Hit a Huge Discount to Spot Prices
The report said the ProShares Bitcoin Strategy ETF (BITO) has begun rolling its August contracts into contracts that expire later, possibly causing downward pressure on the front-month contracts. Mond...
Robinhood lands steep 60% discount on $170M exchange acquisition: Report
Stock and crypto investment platform Robinhood has reportedly scored a 58% cut on its $170 million offer to buy crypto exchange Ziglu due to adverse market conditions. The initial offer from Robinhood...
Floki Inu Introduces Treasury Bills To Allow Users To Purchase FLOKI At A Discount
– Advertisement – Floki Inu lovers can now purchase the token at a discount in the latest initiative. Floki Inu reveals in a Twitter thread on Tuesday that it has partnered with ApeSwap ...
Tamadoge Presale Passes $2 Million Raised, Still on Discount
The Tamadoge (TAMA) presale has now raised over $2 million, ending its beta sale – early buyers still receive a discount in the second phase. Due to high demand the beta sale hit its initial cap befor...
UAE Biggest Discount Store To Start Accepting Bitcoin Payments
– Advertisement – UAE Biggest Discount Store To Start Accepting Bitcoin Payments. Popular discount store Day to Day became the first store to start accepting payments in cryptocurrency i...
Bloomberg sees Bitcoin’s current valuations at a big discount
According to experts at the financial news agency Bloomberg, it is worth buying Bitcoin at current valuations. Bloomberg: Bitcoin is currently undervalued Bitcoin is currently trading at a substantial...
Bitcoin Is Trading at a Discount, Says Bloomberg Senior Analyst
Senior Bloomberg Analyst Mike McGlone has said that Bitcoin is currently trading at a massive discount and could become global digital collateral. According to Forbes, McGlone relied mostly on technic...
Potential Pullback May Discount Prices by 8%
Published 5 hours ago Amid the widespread recovery phase in the crypto market, the BitTorrent-New (BTT) price has shaped into a rising wedge pattern. However, in theory, this continuation pattern bols...
JetBlue Reaches Deal to Acquire Discount Carrier Spirit Airlines
If the proposed acquisition of Spirit Airlines by JetBlue gets regulatory approval, it will lead to the creation of the fifth largest airline in the United States. American low-cost airline and the s...
Activision’s Microsoft Deal Discount Offers a ‘Call of Duty’ to Investors
In January, Microsoft (MSFT) announced its deal to acquire Activision Blizzard (ATVI) in an all-cash offer of $95. Six months later, with a yawning discount in ATVI’s stock price to Microsoft...
Upcoming Retracement May Discount Prices By 10%
Published 17 hours ago The Uniswap (UNI) price resonated between the $7.5 and $6.6 barriers for the past two weeks, indicating uncertainty among market traders. This consolidation was meant to show su...
Gate Io Introduces Industry Leading Market Maker Rebates, Restructured Discount Tiers
[PRESS RELEASE – Majuro, Marshall Islands, 25th July 2022] Gate.io, one of the leading global cryptocurrency exchanges, recently announced an update to its VIP and Market Maker tiered rebate scheme. M...
Gate.io Introduces Industry Leading Market Maker Rebates, Restructured Discount Tiers
Majuro, Marshall Islands, 25th July, 2022, Chainwire Gate.io, one of the leading global cryptocurrency exchanges, recently announced an update to its VIP and Market Maker tiered rebate scheme. Market ...
Celsius Users Will Have Option To Get Cash at a Discount or ‘Remain Long’ on Crypto: Bankruptcy Management Firm
The embattled crypto brokerage Celsius Network (CEL) is outlining steps it will take to repay its customers. In a first-day presentation to the United States Bankruptcy Court for Southern District of ...