Despite a turbulent week for crypto following the downfall of Silicon Valley Bank (SVB) and Signature Bank, Bitcoin (BTC) market cap has managed to flip that of tech giant Meta. At the time of writing...
Tag: Widens
GBP/CAD gets overbought as BoC and BoE divergence widens
The GBP/CAD price continued its remarkable comeback as a divergence between the Bank of Canada and England emerged. It jumped to a high of 1.6512, the highest level since February 28. It has jumped by...
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....
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...
US Budget Deficit Widens Rapidly, Threatening Debt-Limit Timeline
(Bloomberg) — The federal budget deficit is widening rapidly, according to the latest estimates by the Congressional Budget Office, raising the risk of the Treasury running out of cash earlier t...
The FTX investigation widens as prosecutors contact former executives
Join Our Telegram channel to stay up to date on breaking news coverage According to a dozen people with knowledge of the investigation, federal prosecutors are closely looking at an expanding number o...
The Audience Disparity Of NFL Games And Everything Else Widens
Buffalo Bills fans hold signs in support of Buffalo Bills safety Damar Hamlin prior to the game … [+] against the New England Patriots at Highmark Stadium on January 8, 2023 in Orchard Park, New...
Argo Blockchain’s Bitcoin Mining Margin Widens Most in at Least a Year
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Valkyrie Reveals Intention to Sponsor Grayscale’s Bitcoin Trust as GBTC Discount to NAV Widens – Bitcoin News
Valkyrie Investments, a Tennessee-based asset manager, has announced its intention to become the new sponsor of Grayscale’s Bitcoin Trust (GBTC). The company states that it is “uniquely qualified” for...
Bitcoin up over the week, while Coinbase and Silvergate plummet, GBTC discount widens
Bitcoin and ether are trading higher ahead of U.S. inflation data and the Fed’s latest interest rate decision. Crypto stocks sank throughout the week. Bitcoin was changing hands at about $...
Grayscale, Under Pressure as GBTC Discount Widens, Says DeFi Fund Now Trading
The trading debut for the new fund, under the symbol “DEFG,” comes as Grayscale’s largest fund, the Grayscale Bitcoin Trust (GBTC), is under distress, with its shares trading a record 47% discount to ...
Loss Widens At Alibaba-Backed EV Maker XPeng; Co-Founder Exits Board
An XPeng Inc. electric vehicle at the company’s flagship store in Beijing, China, on Monday, Sept. … [+] 19, 2022. Source: Bloomberg © 2022 Bloomberg Finance LP China EV maker XPeng conti...
Bitcoin, ether tick higher as Silvergate stock dips, GBTC discount widens
Cryptocurrencies traded higher, while some crypto-related stocks dipped over contagion fears. Bitcoin rose 1.6% from yesterday, trading at $16,448 at 8:30 a.m. Eastern, according to CoinGecko. ...
AMC Stock Price Hits As Net Loss Widens
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‘Grayscale Discount’ Widens to Record 43% as FTX Contagion Spreads
Shares of the Grayscale Bitcoin Trust (GBTC), the world’s largest publicly traded crypto fund, are trading at a new record discount of 43% relative to the price of the underlying bitcoin (BTC). Crypto...
Labor costs show slower rise, while trade deficit widens and jobless claims nudge lower
The cost of labor rose less than expected, but low productivity helped keep the pressure on inflation in the third quarter, according to Labor Department data released Thursday. Unit labor costs, a me...
Grayscale Lawsuit Moves Forward as GBTC Discount Widens
A judge panel selection and a schedule of oral arguments are set to follow a series of written briefs due in late December The Grayscale Bitcoin Trust (GBTC) was trading at a discount of 36.6% on Thur...
Tilray widens net loss and misses analyst estimates, shares fall
Tilray Brands Inc. TLRY, -18.72% closed lower by 18.7% on Friday after the cannabis company said its first-quarter loss widened to $65.8 million, or 13 cents a share, from a loss of $34.6 million, or ...
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...
EUR/USD forex signal as EU and US economy divergence widens
The EUR/USD price was stuck at the parity level after the latest US non-farm payrolls (NFP) data. The current price is in the range where the pair was in the past few days. It is also slightly above l...
Russia Widens Attack On Food With Bombing Of Train Bound For José Andrés’ World Central Kitchen
A dozen pallets of meat, two pallets of fresh vegetables, three pallets of fruit. There was fish, pasta, buckwheat and sugar. All on the way to needy families in Ukraine. All destroyed. A Russian miss...
Grayscale Bitcoin Trust Discount Widens to All-Time Low of 30.79%
Last year Grayscale applied to the U.S. Securities and Exchange Commission (SEC) to convert GBTC into a spot exchange-traded fund. Many analysts are skeptical the SEC will approve the conversion anyti...
Robinhood widens user access for crypto wallet transfers, unveils plan to support Lightning payments for bitcoin
Robinhood is widening access to its much-anticipated crypto wallet transfer functionality, the company announced Thursday. The rollout began in September to a select group of users, as reported at the...
Ripple Widens Presence in European Remittance Market and 70 Countries Through Partner Bank
Tomiwabold Olajide Ripple partner Intermex has moved to acquire La Nacional & LAN Holdings Ripple is expanding its tentacles into the European remittance market and 70 countries through partner ba...
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...