Category: Bitcoin Trading

Institutions increase exposure to Grayscale Bitcoin Trust as GBTC discount nears 30%

Institutions increase exposure to Grayscale Bitcoin Trust as GBTC discount nears 30%

Institutional investors are returning to accumulate Grayscale Bitcoin Trust (GBTC) shares as the discount to spot price his risen to nearly 30%, data on Glassnode shows. Since December 2021, some weekly sessions saw investors pouring in between $10 million and $120 million into Grayscale’s flagship fund. Meanwhile, the biggest capital inflow — amounting to nearly […]

Continue Reading

Robinhood Limits Cryptocurrency Trading Citing ‘Extraordinary Market Conditions’

Robinhood Limits Cryptocurrency Trading Citing ‘Extraordinary Market Conditions’

Users still have some crypto trading functionality, per a Friday report from CNBC. (Igor Kutyaev/Getty Images) Jan 29, 2021 at 1:23 p.m. UTCUpdated Jan 29, 2021 at 1:26 p.m. UTC Robinhood Limits Cryptocurrency Trading Citing ‘Extraordinary Market Conditions’ Popular mobile trading platform Robinhood has limited its users cryptocurrency trading abilities, per a Friday report from […]

Continue Reading

Alameda-Backed Investment Platform Stacked Acquires Automated Trading Service

Alameda-Backed Investment Platform Stacked Acquires Automated Trading Service

Terms of the deal were not disclosed. Price data(MaxxiGo/Shutterstock) Jan 22, 2021 at 8:02 p.m. UTCUpdated Jan 22, 2021 at 8:23 p.m. UTC Alameda-Backed Investment Platform Stacked Acquires Automated Trading Service Two automated cryptocurrency services have merged to make trading and investing even easier. Stacked, an automated investing startup launched in early 2020, acquired algorithmic […]

Continue Reading