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%)
|CryptoSlate||Jul 24, 2019|| 5|
After its introduction in 2013, Grayscale Bitcoin Trust (GBTC) managed to become one of the largest Bitcoin investment products in the world.
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.
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.
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.
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.”
While altcoins continue dropping Bitcoin has increased its dominance over the market, reaching 68 percent for the first time since early 2017.
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