Institutional investors are returning to accumulate Grayscale Bitcoin Trust (GBTC) shares as the discount to spot price his risen to nearly 30%, data on Glassnode shows. Since December 2021, some week...
Tag: Discount
Shell Buys Russia’s Flagship Urals Oil at a Record Discount
(Bloomberg) — Shell Plc, Europe’s largest oil company, bought a cargo of Russia’s flagship crude at a record discount, underscoring the company’s decision to keep buying supplies from the countr...
Buy This Energy Stock Leader At 6% Discount
Energy stocks have been on a tear this year and Exxon Mobil (XOM) has been one of the leading stocks in the sector. After working off overbought conditions, XOM stock could be setting up for a new ral...
Bitcoin Exchanges Start Banning Russia, Ruble Develops Discount – Trustnodes
“Turned off all ruble pairs. The input and output of the ruble is closed. This is a difficult decision, since we have blocked our brothers in the Russian Federation and Belarus who have now taken to t...
Russian Oil Offered at Record Discount as Buyers Hit Pause
(Bloomberg) — Russia’s flagship crude oil was offered for sale at a record discount as some buyers and shipping companies fretted over potential sanctions by the West following the country’s inv...
Bitcoin price briefly shown at steep discount on Robinhood app
advertisement Traders on Robinhood were left perplexed by a seemingly steep discount in the price of bitcoin on the investment app yesterday evening. On the evening of February 25 Pacific Time (PT), ...
Ruble Plunge Causes Bitcoin Premium and Discount Fluctuations – Trustnodes
Russia is in the process of being cut off from the international monetary system with people in Moscow already barred from exchanging rubles into dollars or euros. That leaves bitcoin as one potential...
Bloomberg Strategist Updates Outlook on Bitcoin After Price Fall, Says BTC Now Trading at a Deep Discount
Bloomberg senior commodity strategist Mike McGlone says that Bitcoin (BTC) is on the cusp of hitting strong support. In a Tweet, McGlone says that as the flagship cryptocurrency hovers below the 50-we...
24% discount or not, can Grayscale’s Bitcoin Trust count on real support
Grayscale Bitcoin Trust, arguably the grand daddy of crypto-funds, may just have fulfilled a long-held ambition. It became an Exchange-traded fund (ETF)— at least in name. It officially submitted an a...
Mining is the best way to dollar cost average into Bitcoin at a discount
What if you don’t have to pay ~ $43,000 to stack 1 Bitcoin? If you are the owner of ~ 2,050 S19j pros (Bitcoin Miners), today you would mine 1 BTC and only pay $11,241.43 in electricity expenses (assu...
Dogecoin Fans Offered 50% Discount by This Hot Dog Restaurant
Alex Dovbnya Willy-Yums customers who pay with Dogecoin will be able to receive a half-off discount Willy-Yums, a family-owned hot dog restaurant located in Bradenton, Florida, will be offering anyone...
Solana (SOL) and Avalanche (AVAX) at a Discount, but Looming Fed Meeting Could Threaten Bull Run: Analyst Nicholas Merten
A popular crypto analyst says that the recent market pullback means there are bargains to be had but cautions that today’s Federal Reserve policy meeting is likely to have a significant impact across ...
Bored Ape 8924 Scooped at 92% Discount of Floor Price
OpenSea’s front-end issues continue to cause losses for NFT holders, and according to one BAYC member, it just cost him Bored Ape #8924. As CryptoPotato reported earlier today, multiple sources pointe...
OpenSea Bug Allows Attacker to Get Massive Discount on Popular NFTs
A bug on the non-fungible tokens (NFT) marketplace OpenSea has allowed an attacker to get away with massive discounts on several NFTs and make huge profit. The bug, which was discovered as early as De...
Bitcoin’s spiral pulls down Grayscale’s AUM with NAV at record discount
Bitcoin has been on a downward spiral since the beginning of the year, but now it is recording steep corrections. The coin has already lost over 17% of its value over the past week, trading at around ...
El Salvador Just Bought 410 Bitcoin At A Huge Discount As BTC Extends Losses Into The Weekend ⋆ ZyCrypto
Advertisement     Friday’s flash dump which saw Bitcoin plunge by over 13%, falling under $36,000 seems to have extended into the weekend. At press time, the cryptocur...
Crypto Trader Tantra to Liquidate After ‘GBTC Discount’ Widens to Record
“Ultimately, after significant discussion and consideration in consultation with outside counsel and other professional advisors, the executive board determined that, in view of all the circumst...
Grayscale Bitcoin Trust Discount Hits a New High at 26.5%
The Grayscale Bitcoin Trust (GBTC) stock has expanded its discount against the underlying cryptocurrency held in the fund. As a result, on Wednesday, the stock reached a record level of 26.5%. The Out...
Grayscale Bitcoin Trust Trading at Massive Discount on ETF Bet
The world’s largest institutional Bitcoin fund from Grayscale is selling at a massive discount at the moment following the underlying asset’s retreat over the past two months. One of the largest victi...
GBTC Share Price Tanks As the Bitcoin Fund Trades At Record Discount
The world’s largest Bitcoin fund – the Grayscale Bitcoin Trust (GBTC) – has suffered a major hammer blow amid the crypto market rout. The Grayscale Bitcoin Trust (GBTC) has been trading at a steep dis...
Grayscale Bitcoin Trust Hits Record Discount of 26.53%
Investors in the Grayscale Bitcoin Trust (GBTC) face more losses as the popular investment product hit its record discount of 26.53%, per data from YCharts. GBTC has long been an investment tool of ch...
Major City Investing One-Percent of Its Treasury in Crypto, Mulling Possible Bitcoin Tax Discount
Another major metropolis is jumping headfirst into the world of crypto by investing in the digital space and proposing discounts for citizens paying taxes in Bitcoin (BTC). Rio de Janeiro, the South A...
Rio De Janeiro Is Giving People a 10% Discount to Pay Taxes in Bitcoin
This episode is sponsored by Nexo, Abra and FTX US. Download this episode This was, NLW argues, a very good week for crypto. He covers: The mayor of Rio announcing big bitcoin/cryp...
Bitcoin Discount? Peter Brandt On Why You Shouldn’t Buy The Dip
Bitcoin has been dropping consistently for the past week and the crypto market has lost over $500 billion following this dip. Like with any crash, there have been the expected calls of ‘buy the dip’ f...