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With $1.5 Billion Under Management Grayscale Bitcoin Trust Slides 30%


Prior to the market carnage on March 12, the Grayscale Bitcoin Trust (GBTC) had acquired over 300,000 BTC. Grayscale’s trust has been one of the longest-running FINRA approved investment vehicles with bitcoin assets under management. On Feb. 5, GBTC shares climbed more than 10% that week...

Hedge Fund Increases Mt. Gox Creditor Offer to USD 1,300 per Bitcoin


The New York-based hedge fund Fortress Investment Group has upped its offer as it looks to buy up creditor claims from Mt. Gox, the cryptocurrency exchange that monumentally collapsed in 2014, leaving thousands of bitcoin (BTC)-holding customers out of pocket. Per Bloomberg, the hedge fund has made...

Bitcoin Takes a Bullish Leap and Hits a Fresh 2020 High at $10,300


Bitcoin soars back in the old weekly trading price range as it joins the Bull rally again after two days of relaxation. With this BTC marks a fresh 2020 high above $10,300 in the past 24 hours and is likely to face major resistance at $10,400. As per the previous anticipations given, we totally...

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