Tags : Historic

Bitcoin

US: A historic gold investor is now buying Bitcoin (BTC)

Texas-based investment management firm US Global Investors has bought significant exposure to Bitcoin by investing in Grayscale funds. According to a filing to the US Securities and Exchange Commission (SEC) published on August 30th, the company added over $566,000 worth of Grayscale Bitcoin Trust shares (GBTC) to three out of eight of its mutual funds. […]Read More

Bitcoin

Career Commodities Trader Calls Bitcoin Chart Parabola “Historic”

Bitcoin blasting above $50,000 per coin made it clear that the parabola would continue, marking the third major parabolic phase in the cryptocurrency’s short lifecycle. Commodities trader Peter Brandt has seen many price charts throughout his storied career. This sort of behavior in an asset is rare, according to Brandt. But three times? That’s “historic,” […]Read More