The current bitcoin bull run is indeed different from three years ago, though that doesn’t mean we won’t see another peak-and-trough cycle.
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GBTC has a new a competitor in the OTC Bitcoin trust market
Another way to buy Bitcoin in stock form has surfaced. A firm called Osprey Funds is offering an over-the-counter, or OTC, Bitcoin (BTC) trust under the ticker symbol OBTC. The trust is similar to Grayscale’s Bitcoin Trust, known as GBTC. “The Osprey Bitcoin Trust provides easy access to bitcoin,” the firm’s website says. “With a […]
Novogratz hopes Biden admin reverses Trump’s anti-crypto stance
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Goldman Sachs says Bitcoin is on the path to maturity
Analyst Jeff Currie believes more institutional money is needed to stabilize the market. In an interview with CNBC, Currie said Bitcoin’s remarkable run has attracted greater institutional interest, but noted that smart-money investors are still a tiny fraction of the overall market. They will need to come in droves for Bitcoin to become a stable […]