GBTC is selling at close to a record 43% discount to the price of the underlying bitcoin in the trust. Fir Tree wants Grayscale to resume redemptions, which are not…
Instead, bitcoin did the reverse on Thursday, recovering from an early stumble to regain its now familiar perch over $19,000. The largest cryptocurrency by market capitalization, which was recently up…
Bitcoin devotees have long said that the cryptocurrency's scarcity would help investors preserve the value of their money during times of high inflation. Bitcoin's market valuation, however, has halved to…
“Consumers who continue to buy homes and cars despite substantial price increases are not suffering from inflation, they are (in part) a driver of inflation,” he wrote. “Pre-pandemic, consumers spent…
