The GBTC trust is one of the few options for individual investors to get exposure to bitcoin without having to purchase the cryptocurrency directly. The trust is worth $14.6 billion and is a popular choice for investors looking to get involved in bitcoin.
Bitcoin prices continued to rise over the weekend, as traders appeared to shrug off news of another crypto bankruptcy. Instead, they appeared to be betting that the Federal Reserve would soon cut interest rates.
Bitcoin prices continued to rise over the weekend, as traders appeared to shrug off news of another crypto bankruptcy. Instead, they appeared to be betting that the Federal Reserve would soon cut interest rates.
Binance has announced that one of its banking partners, Signature Bank, will no longer support any crypto exchange customers with buying and selling amounts of less than 100,000 USD as of February 1, 2023.
The cryptocurrency's price has been on the rise in recent weeks, and the holiday period is typically a time of increased activity in Asia. With more people celebrating and spending money during the Lunar New Year, demand for Bitcoin is likely to continue to rise.