The Bitcoin (BTC) price rally over the last two weeks has been unprecedented and absolutely indomitable. On Sunday, February 21, the BTC price climbed all the way up above $58,300 hitting its new all-time high. However, BTC has retraced back to under $56,000 as of now but continues to hold above $1 trillion valuations for
After consolidating a while between $35,000-$36,000, Bitcoin (BTC) continues to remain under pressure. Today, BTC has corrected another 3.5% and is trading at $34,567 levels at press time. While retail players might think of booking profits before it falls further, we would like to warn you that whales and institutions could be scooping your supply.
“We are just getting started!” that’s what Grayscale director Michael Sonnenshein said two days back in an interview with CNBC. Grayscale runs one of the biggest Bitcoin Funds – Grayscale Bitcoin Trust (GBTC) – that manages over $10 billion worth of assets. Interestingly, the director’s comments soon after Guggenheim Partners filed with the SEC to