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 ...
Tag: Narrows
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...
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...
Supreme Court’s Probe Into Leaked Roe V. Wade Opinion Narrows To “Small Number”
Topline Supreme Court investigators reportedly narrowed their investigation into the monumental leak of Justice Samuel Alito’s draft majority opinion in favor of overturning Roe V. Wade last May, whic...
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, ...
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...
Bitcoin, crypto prices higher, Grayscale’s GBTC discount to NAV narrows
Crypto prices rose marginally and most crypto-related stocks were lower shortly after the open. Bitcoin was trading at around $16,800 at 9 a.m. EST, up 0.6% over the past 24 hours, according to...
Wall Street closed until Black Friday, GBTC discount narrows on Thanksgiving
Crypto prices were relatively unchanged after rising ahead of the Federal Reserve minutes yesterday. Bitcoin was trading at $16,538, according to CoinGecko. Ether was changing hands for $1,195....
MicroStrategy Q3 loss narrows, but revenue drops year-over-year; 301 BTC added to portfolio
MicroStrategy released its earnings report for the third quarter of 2022 on Nov. 1, saying it achieved “strong” year-over-year growth in subscription services and “record” growth in subscription billi...
Grayscale Bitcoin Trust’s ‘GBTC Discount’ Narrows With ETF Decision on Horizon
Grayscale (whose parent company Digital Currency Group also owns CoinDesk) has applied to convert the GBTC into an exchange-traded fund, or ETF. And for months, some traders have been monitoring the d...
Ford’s US sales decline narrows in May amid tight supplies
The Mustang Mach-E is Ford’s first new all-electric vehicle under an $11 billion investment plan in electrified vehicles through 2022. Michael Wayland / CNBC Ford Motor said Thursday that its U....
Billionaire Lim Kok Thay’s Genting Adding Electronic Betting In The U.S. As Casino Operator Narrows Losses
Lim Kok Thay, chairman and CEO of Genting Bhd, reacts during a Bloomberg Television interview in … [+] Singapore, on December 14, 2018. Nicky Loh/Bloomberg Genting Bhd—controlled by Malaysian bi...