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GBTC News

GBTC is the stock ticker of the Bitcoin Investment Trust (BIT) company, which has become the first public Bitcoin fund. GBTC's price directly depends on the increase in demand for GBTC, which — for its part — might be affected by BTC's price. That actually happened when BIT was launched and the BTC price increased 20 percent. The first official announcement about the appearance of BIT was made in 2015. Fund BIT was founded in 2013 by founder and CEO of Digital Currency Group, Barry Silbert. BIT has become the first fund that trades Bitcoin in a public exchange and has obtained the necessary agreements from regulatory organs and received the official Bitcoin Investment Trust GBTC ticker. GBTC of Bitcoin Investment Trust is an important step on the way to the massive acceptance of cryptocurrency.

Top News

Is Dogecoin set to follow Shiba Inu’s (SHIB) 400% breakout?

'Much ow' ahead? Dogecoin chart fractal puts Shiba Inu's 390% QTD rally in danger

Shiba Inu rebounds 40% despite major selling by SHIB whales

One currency to rule them all: Facebook’s Diem has global ambitions

Shiba Inu is now a top-20 cryptocurrency with SHIB price soaring 300% in 9 days

Market Analysis

Both Bitcoin's daily volume and the amount held by large addresses roughly match 10% of gold's.

Why's Bitcoin stuck under $60,000? The gold market cap may hold the answer

2021-04-09T14:00:00+01:00

47714

Demand for Bitcoin remains solid and is fuelling a "supply shock" that shows no sign of abating, even at $50,000 and higher.

Bitcoin buyers mean business as Coinbase reserves drop $8B in 3 months

2021-03-26T11:35:07+00:00

27872

Competition among institutional Bitcoin services continues to heat up as fees are slashed in time for a fresh herd of investors entering.

NYDIG cuts Bitcoin fee to 0.3% for investors as Morgan Stanley opens floodgates

2021-03-24T15:07:29+00:00

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History repeating itself have the potential to spark a 2-4X BTC price run, data covering the GBTC premium suggests.

Record GBTC discount may spark $100K Bitcoin price rise — analyst

2021-03-05T10:26:54+00:00

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Bitcoin bulls are looking to eliminate a key overhead resistance level in order to create a path to $55,000.

Bull flag breakout sets a $55,000 target for Bitcoin price

Jordan Finneseth

2021-03-04T01:33:16+00:00

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Market Analysis

Grayscale Investments’ GBTC might be the absolute market leader but it is currently trading below fair value as the TSX Purpose Bitcoin ETF is seeing record inf...

Grayscale's Bitcoin premium has dropped to record lows below zero

2021-02-27T11:19:45+00:00

50389

Growing concerns over rising U.S. Treasury yields are putting pressure on global financial markets and possibly dragging cryptocurrency prices lower.

Increasing stock market volatility drags Bitcoin and altcoin prices lower

Jordan Finneseth

2021-02-26T23:02:39+00:00

48792

The largest cryptocurrency nears $53,000 on Friday in the latest bullish surge as $50,000 holds as support.

Bitcoin accelerates toward $1T market cap as price hits new all-time high

2021-02-19T09:26:32+00:00

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