Recap | Shares of Grayscale’s Bitcoin Investment Trust cause investors to “drop gold,” and everything else | Bitfinex fights back against NYAG, says it never served New York customers

BTC 📉 $9810 (-2.89%) / ETH 📈 $216 (+0.01%) / XRP 📈 $0.31 (+0.59%)

Shares of Grayscale’s Bitcoin Investment Trust cause investors to “drop gold,” and everything else

Shares of Grayscale’s Bitcoin Investment Trust cause investors to “drop gold,” and everything else

After its introduction in 2013, Grayscale Bitcoin Trust (GBTC) managed to become one of the largest Bitcoin investment products in the world.

2 min read →


Major US banks hostile toward Bitcoin, accounts at risk of closure, cryptocurrency businesses prohibited

Major US banks hostile toward Bitcoin, accounts at risk of closure, cryptocurrency businesses prohibited

We went undercover to try and open accounts at four of the largest U.S. banks, telling them ahead of time that we would use the account to buy and sell Bitcoin on Coinbase.

5 min read →


Pantera Capital CEO predicts $42,000 Bitcoin price by end of 2019

Pantera Capital CEO predicts $42,000 Bitcoin price by end of 2019

Dan Morehead, the founder and CEO at Pantera Capital, a cryptocurrency-focused investment fund, believes the Bitcoin price could hit $356,000 in the next three years.

2 min read →


Ethereum improvement proposal 2025 increases block reward, community opposed to maintain ETH as store-of-value

Ethereum improvement proposal 2025 increases block reward, community opposed to maintain ETH as store-of-value

Several Ethereum developers voiced concerns about Ethereum improvement proposal (EIP) 2025, which recommends creating more Ether per block for the next 18 months.

2 min read →


Bitfinex fights back against NYAG, says it never served New York customers

Bitfinex fights back against NYAG, says it never served New York customers

iFinex, the company that owns and operates Tether and Bitfinex, said that the claims made by the New York Attorney General’s office that the companies served New York residents throughout last year were “misleading.”

2 min read →


Binance Coin, EOS and Stellar could resume their upward trend despite growing Bitcoin dominance

Binance Coin, EOS and Stellar could resume their upward trend despite growing Bitcoin dominance

While altcoins continue dropping Bitcoin has increased its dominance over the market, reaching 68 percent for the first time since early 2017.

5 min read →


ICYMI

🏝 Circle and Poloniex moving from the US to Bermuda due to regulatory uncertainty

🌓 The myth of cryptocurrency halving events: a deeper analysis

📈 Coinbase added 5 million new users in the last 10 months


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