Tags : alltime

Bitcoin

GrayScale Bitcoin Trust (GBTC) Premium Sinks To All-Time Lows

Since trading at a negative for nearly 2 months, GrayScale Bitcoin Trust (GBTC) premium plummeted to -14.21% this morning. Historically, GBTC has traded at a high premium relative to the underlying Bitcoin, commanding an average of 15.02% premium since the fund’s inception. But as competition grows and firms create cheaper, more accurate financial products, GBTC’s […]Read More

Bitcoin

Number of Addresses Holding Bitcoin Hits New All-Time High

There are now more active addresses than ever holding Bitcoin. After continuing to grow at a parabolic rate, the total number of non-zero Bitcoin addresses hit an all-time high of 36,896,000 earlier this Friday. The figure has then dropped back to approximately 36,770,000 on Sunday afternoon, according to data from on-chain analytics site Glassnode.  This […]Read More

Bitcoin

GOLD/BTC ratio falls to an all-time low

The yellow metal has now fallen to its lowest-ever value against Bitcoin, the digital gold, in terms of the ratio. What just happened? Simply put, the “Gold/Bitcoin” ratio calculates the price value of the yellow metal against Bitcoin. A 1:1 ratio means both gold and Bitcoin are valued at the same price by the open […]Read More

Market

Bitcoin Hits New All-Time High as BNY Mellon Announces Crypto

Bitcoin set a new record highs on Thursday after BNY Mellon, America’s oldest bank, announced crypto custody for institutional clients. The cryptocurrency set a new high of $48,297 during the U.S. trading hours, surpassing the previous peak price of $48,226 registered on Tuesday, according to CoinDesk 20 data. Buyers stepped in around $46,700 after BNY […]Read More