Grayscale’s Bitcoin Trust Discount to NAV Narrows Sharply to a 16.59% Gap


Grayscale’s Bitcoin Trust, known as GBTC, has witnessed a significant shift in its market dynamics. In January 2023, GBTC traded at a significant 48.31% discount to its net asset value (NAV). Today, that gap has narrowed to 16.59%, indicating changes in market sentiment and presenting...

Landmark Ruling: Chinese Court Rejects Crypto Lending Again


Crypto lending activity still falls outside the purview of China’s legal system, ruled a Chinese court in the second ruling of the nation’s kind on Tuesday. Per a press release from the Nanchang People’s Court, lending out virtual currency and requesting a return “is not within the scope of civil...

Biggest Movers: DOGE Rallies, After Bouncing From Key Support Point


Dogecoin was a notable mover on Friday, as the meme coin rebounded from a key support point. The move came after two consecutive days of declines, pushing price near a two-month low. Solana also ended a losing streak in today’s session. Dogecoin (DOGE) Dogecoin (DOGE) rose higher in today’s...

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