Grayscale’s Pro-Bitcoin Ad “Drop Gold” Came Out as Gold’s Price Has Done Nothing But Go Up

2019-8-27 21:34

Crypto companies make bad predictions sometimes. This is exactly what has happened recently with the Grayscale Bitcoin Trust (GBTC), which recently told investors that they should stop investing in gold and turn to Bitcoin instead.

While this is generally good advice, the execs at GBTC were very unfortunate because gold was bottoming right when they […].

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Shares of Grayscale’s Bitcoin Investment Trust cause investors to “drop gold,” and everything else

After its introduction in 2013, Grayscale Bitcoin Trust (GBTC) managed to become one of the largest Bitcoin investment products in the world. So far, GBTC has outperformed most traditional assets year to date, in line with BTC’s rising prices, and became one of the most actively traded securities on the OTC Markets Group.

2019-7-25 00:22


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Bitcoin Champion Max Keiser Blasts Argentinian President’s Crypto Stance

Argentina and El Salvador, both facing economic struggles, are taking vastly different approaches to cryptocurrency. While El Salvador became the first country to adopt Bitcoin as legal tender in 2021, Argentina’s new president, Javier Milei, is taking a more measured route, prioritizing regulation and differentiation between the crypto and the broader cryptocurrency landscape. Bitcoin Distinction […]