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[ad_1] Grayscale Bitcoin Trust (GBTC) is trading at a record-low discount of 49.20% to the underlying assets’ net asset value (NAV), as of Dec. 8. Source: Tradingview According to ycharts data, GBTC shares are trading for $8.11 at a discount of 47.27%. GBTC’s discount raises crypto community concern The crypto community has become increasingly concerned…

[ad_1] Bitcoin miners are facing a challenging time due to ongoing price uncertainty and global energy shortages. In addition, macro factors have conspired to raise the cost of borrowing, while access to capital is also drying up as risk appetite dwindles in the face of recessionary pressures. This situation is particularly bad for publically traded…

[ad_1] The cryptocurrency market cap saw net outflows of $11.99 billion and currently stands at $839.47 billion — down 1.4% from $851.46 billion over the last 24 hours. Over the reporting period, Bitcoin’s market cap fell 1.1% to $323.06 billion from $326.62 billion. Meanwhile, Ethereum’s market cap fell 2.3% to $150.21 billion from $153.81 billion.…

[ad_1] Jesse Powell is an expert in virtual currencies, online/international payments and fraud, as well as co-founder and CEO of Kraken, one of the most trusted and largest Bitcoin exchanges in the world with number one EUR market share. Learn More Info LinkedIn Twitter [ad_2] Source link

[ad_1] JPMorgan & Chase Co. CEO Jamie Dimon called crypto “a complete sideshow” and likened the digital asset tokens to “pet rocks.” The comments came during a CNBC interview in which he also disparaged the media outlet for its extensive coverage of the crypto industry. Regulators should focus on crypto, not banks On the Bitcoin…

[ad_1] Chainlink staking early access went live on Dec. 6, and over $75 million worth of LINK tokens have been staked in the first 24 hours, according to Etherscan data. Chainlink staking is live. According to the announcement, staking is integral to Chainlink Economics 2.0. Through staking, community members and node operators can earn 4.75%…

[ad_1] The co-founder of peer-to-peer trading platform Paxful, Ray Youssef, reiterated his BTC-only stance during a segment at Africa Bitcoin Conference. In the wake of numerous scandals that have rocked the crypto industry this year, investor sentiment toward digital assets is at a low point. However, Youssef took the stage to point out none of…

[ad_1] Long-term Bitcoin (BTC) holder behavior is considered one of the most determinate factors to assess BTC performance, the market’s top, and the market’s bottom. Long-term holders are defined as addresses that haven’t moved any of their BTC holdings in the last six to 12 months. The Short-to-Long-term Realized Value (SLRV) Ratio shows the percentage…

[ad_1] The first episode of the “Bit Talk” podcast discusses recent developments in the world of Bitcoin. Hosted by Akiba and James from CryptoSlate as well as Bitcoin pioneer Nick from Mercury Wallet, the podcast is a bite-sized, easy-to-consume bi-weekly overview of the Bitcoin network. This episode starts with the adoption of Bitcoin in Africa,…

[ad_1] While Bitcoin is usually considered the backbone of the crypto industry, one should never underestimate the role stablecoins play in the market. Stablecoins are essentially the fiat currency of the crypto ecosystem and act as the main supplier of liquidity to the market. When looking at the crypto market as a closed system containing…