The gap between the GBTC share price and the implied price of the underlying bitcoin has collapsed to a 4% discount from a 35% premium late last year.
Month: February 2021
A Guide to Saving on Bitcoin’s High Transaction Fees
The average bitcoin transaction fee is $23. Luckily, there are ways to cut costs.
Market Wrap: Bitcoin Heads for Worst Week Since March as Prices Hold Around $46.5K
“Cash is king in times of distress, not bitcoin,” said one market watcher.
Privacy Coin Firo Temporarily Disables Protocol to Investigate ‘Suspicious Transactions’
Core devs have activated their emergency switch to temporarily disable Lelantus.
SEC Inspectors Outline Crypto Examinations Playbook in Compliance Notice
The notice did not appear targeted at any one instance of digital asset impropriety.
Ghana to Prioritize Blockchain Projects in New Regulatory Sandbox
The sandbox will target a wide range of financial service innovations and hopes to improve financial inclusion.
Cardano’s ADA Is Now the Third-Largest Cryptocurrency by Market Cap
The cryptocurrency rose to $1.30, beating out its previous all-time high set in January 2018.
Coinbase Has Set a High Bar for Crypto Firms Looking to List, Says Institutional Rival
CEO of LMAX Group David Mercer says Coinbase’s “gutsy” listing sets a benchmark for risk management and operational disclosure.
Bitcoin Is Trading at a 46% Premium on Luno Nigeria After Central Bank Ban
The premium rose after the Central Bank of Nigeria reminded banks they could not provide crypto exchanges with financial services.
NBA Top Shot Overwhelmed by Demand in Record $1M Pack Drop
Over 200,000 collectors waited in line Friday, hoping to buy into Dapper Labs’ runaway NBA hit.