Recap | Shares of Grayscale's Bitcoin Investment Trust cause investors to "drop gold," and everything else | Bitfinex fights back against NYAG, says it never served New York customersBTC π $9810 (-2.89%) / ETH π $216 (+0.01%) / XRP π $0.31 (+0.59%)
Shares of Grayscale's Bitcoin Investment Trust cause investors to "drop gold," and everything elseAfter its introduction in 2013, Grayscale Bitcoin Trust (GBTC) managed to become one of the largest Bitcoin investment products in the world. Major US banks hostile toward Bitcoin, accounts at risk of closure, cryptocurrency businesses prohibitedWe went undercover to try and open accounts at four of the largest U.S. banks, telling them ahead of time that we would use the account to buy and sell Bitcoin on Coinbase. Pantera Capital CEO predicts $42,000 Bitcoin price by end of 2019Dan Morehead, the founder and CEO at Pantera Capital, a cryptocurrency-focused investment fund, believes the Bitcoin price could hit $356,000 in the next three years. Ethereum improvement proposal 2025 increases block reward, community opposed to maintain ETH as store-of-valueSeveral Ethereum developers voiced concerns about Ethereum improvement proposal (EIP) 2025, which recommends creating more Ether per block for the next 18 months. Bitfinex fights back against NYAG, says it never served New York customersiFinex, the company that owns and operates Tether and Bitfinex, said that the claims made by the New York Attorney General's office that the companies served New York residents throughout last year were "misleading." Binance Coin, EOS and Stellar could resume their upward trend despite growing Bitcoin dominanceWhile altcoins continue dropping Bitcoin has increased its dominance over the market, reaching 68 percent for the first time since early 2017. ICYMIπ Circle and Poloniex moving from the US to Bermuda due to regulatory uncertainty π The myth of cryptocurrency halving events: a deeper analysis π Coinbase added 5 million new users in the last 10 months Featured blockchain companiesThanks to the following companies for their support: π MeterQubes - offers the next generation peer-to-peer decentralized trading platform. π MXC - MXC Exchange is an exchange platform focusing on cryptocurrency assets, founded by some senior practitioner in blockchain industry and specialists from Wall Street, Japan, and Europe. Want to be featured here? Contact us to learn more. Crypto market dataFor more pertinent market data, please see: π Biggest Losers - 24h π° Highest Volume - 24h π Recently Added Coins ⚡️ CryptoSlate ResearchCryptoSlate Research is an an exclusive, premium newsletter that delivers thoroughly researched, long-form analysis from cryptocurrency and blockchain experts. Connect with usTelegram • Twitter • Facebook • LinkedIn • YouTube • Instagram π₯ Interested in sponsoring this newsletter? Contact us. Disclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to content within this article. You're on the free list for CryptoSlate. For the full experience, become a paying subscriber. |