GBTC - Grayscale Bitcoin Trust (BTC)
| Previous Close | 13.46 |
| Open | 13.50 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's Range | 12.92 - 13.56 |
| 52 Week Range | 4.27 - 17.40 |
| Volume | 4,826,904 |
| Avg. Volume | 3,605,473 |
| Market Cap | 2.308B |
| Beta (5Y Monthly) | N/A |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings Date | Oct 14, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 8.35 |
- GlobeNewswire
Grayscale Investments February Investor Call Available for Replay
New York, Feb. 12, 2020 -- Grayscale Investments, the world’s largest digital currency asset manager, today announced it hosted an investor call featuring its Founder &.
- Benzinga
Bitcoin Surges Past $10,000 Amid Crypto Market Rally
Bitcoin broke through the $10,000 mark on Sunday, with its market cap rising to $183.4 billion. Other cryptocurrencies have been performing well, with ethereum, the second leading cryptocurrency, trading at $226.28 at press time. Bitcoin cash traded at $442.41 at press time while it was at $381.29 on Feb 3.
- ETF Trends
Use This ETF For Tesla Exposure and Get a Little Bitcoin, Too
The ARK Web x.0 ETF (ARKW) is a fine idea for investors looking to access a basket of disruptive technology names with the benefit of the battle-tested active management team. Back in 2018, ARKW was also known for a large weight to bitcoin via the Grayscale Bitcoin Trust (GBTC). Proving the benefits of active management under the right circumstances, the ARK Invest team significantly pared its GBTC stake before bitcoin's now infamous late 2018 slide.
- Benzinga
5 Numbers That Sum Up Trading Activity On OTC Markets In 2019
More than 10,000 securities trade on OTC Markets. Broken up into three tiers—OTCQX, OTCQB, and Pink—the OTC Markets connect U.S. investors with issuers from 38 countries and dozens of emerging industries. ...
- GlobeNewswire
Grayscale CEO Barry Silbert to Speak on Investor Call on February 11, 2020
Grayscale Investments, the world’s largest digital currency asset manager, today announced that its Chief Executive Officer and Founder, Barry Silbert, will be featured on an investor call on Tuesday, February 11 at 11:00 a.m. Eastern Standard Time. Grayscale Investments, LLC is the world’s largest digital currency asset manager, with more than $2.9B in assets under management.
- Benzinga
Crypto Market Wrap: Less Popular Cryptocurrency Extends Gains As Bitcoin, Others Plunge
At a time when the financial markets, in particular in Asia, are holding back over the fears related to the novel coronavirus outbreak in China, the cryptocurrency market has added value over the last month. The digital currencies together have added about $48 billion to their market cap since the first death from the virus was reported on January 9. As previously noted, it is difficult to establish a clear relation between the outbreak and the trading of cryptocurrencies.
- Benzinga
$4.3B In Cryptocurrency Stolen In 2019
One of the biggest early selling points for cryptocurrency was its security, but a new study by Chainalysis suggests criminals are having no problem making huge profits in cryptocurrency. Scammers tripled their cryptocurrency revenue in 2019, stealing $4.3 billion worth of cryptocurrency from millions of victims, according to Chainalysis. CipherTrace found $4.4 billion in cryptocurrency theft in the first nine months of 2019 alone, up from just $1.7 billion in 2018.
- Benzinga
Crypto Markets: Cryptocurrencies Surge As Coronavirus Spreads, Singapore Brings New Regulation
The surge in cryptocurrency's price at a time when the traditional markets are holding back also brings focus to a long-standing debate on whether they act as a safe haven during times of increased geopolitical adversities or other global risks like posed by the latest virus outbreak. Humbly noting that while traditional markets were closed over this tumultuous weekend, #Bitcoin markets were open and rallied 8%. Kostya Etus, a portfolio manager at CLS Investments, told CoinDesk that BTC can't yet be labeled as either a risk-on asset or a safe haven.
- Benzinga
PreMarket Prep Recap: Calm In The Eye Of The Storm
Everyone is a genius in a bull market, but when the markets get volatile, that's when you need to listen to Benzinga's PreMarket Prep Show. The continued concern over the outbreak of the coronavirus dominated the content of today's show.
- Benzinga
Amun Launches New Bitcoin Exchange-Traded Product On Swiss Exchange
Swiss fintech company Amun AG launched a new exchange-traded product (ETP) on Switzerland's Zurich-based SIX Exchange. This latest launch is the 21Shares Short Bitcoin ETP (SBTC tracker) that claims to ...
- Benzinga
Grayscale Bitcoin Trust Becomes First Bitcoin Investment Vehicle To Become SEC Reporting Company
This has effectively made the Grayscale Bitcoin Trust (OTC: GBTC) the first cryptocurrency investment vehicle to become an S.E.C. reporting company, it said in a statement. Grayscale offers its services as an asset manager to accredited investors seeking to invest money in Bitcoin (BTC) as security, without needing to make direct purchases or be responsible for its safekeeping.
- GlobeNewswire
Grayscale Bitcoin Trust Becomes SEC Reporting Company
Grayscale Investments®, the world’s largest digital currency asset manager and sponsor of Grayscale® Bitcoin Trust* (OTCQX: GBTC) (the “Trust”), today announced that the Registration Statement on Form 10 that it filed with the Securities and Exchange Commission (“SEC”) on behalf of the Trust has been deemed effective. The Trust is solely and passively invested in Bitcoin, enabling investors to gain exposure to Bitcoin in the form of a security while avoiding the challenges of buying, storing, and safekeeping Bitcoin directly.
CNW GroupOTC Markets Group Announces the 2020 OTCQX Best 50
OTC Markets Group Announces the 2020 OTCQX Best 50
- GlobeNewswire
Grayscale Investments Closes Out 2019 with Record Year, Raising Over $600 Million
New York, Jan. 16, 2020 -- Grayscale Investments®, the largest digital currency asset manager, today released its 2019 Grayscale Digital Asset Investment Report, a.
- InvestorPlace
3 Momentum Stocks to Consider for 2020
A new calendar year doesn't always mean a fresh start. But when it comes to three of 2019's more painful investments, well-built technical bottoms and out-the-gate momentum in January are favoring turnarounds that become full-fledged, bullish momentum stocks in 2020. Let me explain.I've said it before and it bears repeating, every dog has its day. In the markets this is akin to down and out stocks, which unexpectedly surprise investors with a jump in share price. But not every doggish stock is bound to be sent back into the proverbial dog house. Some will go on to become momentum stocks.As discussed earlier this month at InvestorPlace.com, rotations into underappreciated or even vilified stocks can turn into massive opportunities as overly bearish sentiment and price action turn aggressively around. Often these disruptive shifts in investment behavior occur early in the calendar year. If for no other reason this phenomenon can be tied to institutional investors who can move more freely into last year's dogs without having to defend a stock with fleas to stakeholders at year-end.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Cheap Stocks to Buy Under $10 Having said that, Beyond Meat (NASDAQ:BYND), Pinterest (NYSE:PINS) and Grayscale Bitcoin Trust (OTCMKTS:GBTC) are three investment vehicles that demonstrate potential as momentum stocks in 2020. Momentum Stocks to Buy: Beyond Meat (BYND) Source: Charts by TradingViewAfter getting scorched in 2019 faux-meat producer Beyond Meat has quickly become a sizzling investment with Wall Street. Shares are up roughly 50% in just over a handful of trading days in 2020's early going. The catalyst? The initial headline driver was privately held rival Impossible Foods was throwing in the towel on its bid to land a spot on the McDonald's (NYSE:MCD) menu. And that leaves the door wide open for BYND stock.Technically speaking and aside from the huge gain in share value, BYND stock has firmly broken price resistance formed during the construction of a key lateral congestion pattern.BYND Stock Strategy: Our recent recommended strategy nailed a huge win in this momentum stock. But while resistance has been overcome, BYND stock is also incredibly volatile and overbought near term. My advice, put shares on the radar for purchase in-between $95 - $105 as part of a married put or collar options-based position. Pinterest (PINS) Source: Charts by TradingViewPinterest is the next of our momentum stocks to buy. When all was said in done in 2019, the popular web-based visual discovery platform saw shares cut in half from their highs and modestly below their IPO stock price of $19. But now investors might be smart to recognize what a difference a day can make.In truth, shares were already on the move out-the-gate in 2020. But Tuesday's near-10% gain has shares looking like a bonafide momentum stock. The headline driver was a report PINS stock has overtaken Snap (NYSE:SNAP) in users and only trailing social media giant Facebook (NASDAQ:FB) and the company's Instagram app.Technically, PINS stock has confirmed December's bottoming hammer candlestick formed around the 1.27% extension level and begun a move into a large gap area. This could produce a vacuum-like sweeping of shares higher before an eventual pullback. * 7 Socially Responsible ETFs to Buy in 2020 PINS Stock Strategy: This momentum stock can be bought today in anticipation of the price gap being filled. On a challenge of the $25 area, I'd recommend buying a protective put on the cheap and leave the upside open-ended until after earnings in February. Grayscale Bitcoin Trust (GBTC) Source: Charts by TradingViewThe Grayscale Bitcoin Trust is the last of our momentum stocks to buy. GBTC stock is a listed trust tied to the cryptocurrency market's largest play. Investors pay a premium versus owning the actual contract. However, due to the transparency of listed OTC securities, as well as the product's strong liquidity, I believe this is a more suitable way for most investors to gain exposure.Any investor with even a passing interest in the markets has heard of bitcoin's dazzling run and equally impressive crash over the past couple years. But if there's one game-changing technology in the market right now, the cryptocurrency space would definitely deserve to be in that conversation. And right now there's reason to see another bullish cycle emerging and GBTC's status as a momentum stock back in action.Technically, shares of GBTC have formed and confirmed a bullish higher low pattern between the 62% and 76% Fibonacci levels on the monthly chart. With GBTC up roughly 22.50% in January, it's fair to say this is a momentum stock opportunity. Yet another glance at the big picture also strongly suggests bitcoin is just now turning the corner for bullish investors.GBTC Stock Strategy: Buy this momentum stock today. But don't go all in. I'd recommend adding if confirmation of the rally is backed by a bullish crossover from GBTC stock's monthly stochastics. Use the recent low for exiting if needed and stand ready to take partial profits at the 2019 high near $17.50.Disclosure: Investment accounts under Christopher Tyler's management currently own positions in Beyond Meat (BYND) and Bitcoin (GBTC) securities, but no other investments mentioned in this article. The information offered is based upon Christopher Tyler's observations and strictly intended for educational purposes only; the use of which is the responsibility of the individual. For additional market insights and related musings, follow Chris on Twitter @Options_CAT and StockTwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Up-and-Coming Small-Cap Stocks to Watch * 7 Energy Stocks to Buy on the Resurgence of the Oil Boom * 3 Standout Oil Services Stocks to Buy The post 3 Momentum Stocks to Consider for 2020 appeared first on InvestorPlace.
- Benzinga
The Repo Market Is So Broken That The Fed Wants To Change It
Illiquidity in the U.S. repo market spooked investors in the second half of 2019, and the U.S. Federal Reserve is considering a major policy change that could help remedy the situation. The term “repo” is short for repurchase agreement. Repo loans are overnight loans taken out by small banks and hedge funds that are repaid the following day.
- GlobeNewswire
Grayscale Bitcoin Trust Announces Resumption of Private Placement
Grayscale Investments®, the world’s largest digital currency asset manager and sponsor of Grayscale® Bitcoin Trust (OTCQX: GBTC) (the "Trust"), today announced that the Trust will resume the private placement of its shares. The Trust’s private placement is offered on a periodic basis throughout the year and is now currently available to accredited investors for daily subscription.
- Benzinga
Boredom Is The Enemy? A Look At Bitcoin Since Peaking At $20,000
The price of bitcoin has dropped 34% in the past three months from above $10,000 to below $7,000. After a hit start to 2019, bitcoin prices reached the $13,000 level in early summer before the rally stalled out.
- Yahoo Finance
Report: 43% of investors interested in bitcoin are women
The popular conception is that the cryptocurrency industry is overwhelmingly male. Grayscale Investments thinks the answer is simple lack of information.
- GlobeNewswire
Research Shows Female Investors Represent a Significant Market for Bitcoin
New York, Dec. 10, 2019 -- Grayscale Investments®, the world's largest digital currency asset manager, today released “Investing in Bitcoin: Perspectives from Female.
- CNW Group
Global OTCQX Consumer and Resource Company Investor Presentations Now Available for On-Demand Viewing
Global OTCQX Consumer and Resource Company Investor Presentations Now Available for On-Demand Viewing
- CNW Group
Live Investor Conference & Webinar: A Global Portfolio of OTCQX Consumer and Resources Leaders Present December 4th and 5th
Live Investor Conference & Webinar: A Global Portfolio of OTCQX Consumer and Resources Leaders Present December 4th and 5th
- Benzinga
Bitcoin Approaching 'Death Cross' That Previously Triggered 60% Sell-Off
The Grayscale Bitcoin Trust (OTC: GBTC) dropped another 1.4% on Monday and is now down 31.7% in the past three months. Bitcoin prices hit their lowest levels in six months on Monday, dipping below $7,000 before recovering to around $7,230 in early afternoon trading. Unfortunately for bitcoin bulls, the recent swoon has the cryptocurrency on the break of a bearish technical signal that has triggered steep sell-offs in the past.
- CNW Group
Live Investor Conference & Webinar: Executives from Resource, Retail, and Cannabis Companies Present December 4th and 5th
Live Investor Conference & Webinar: Executives from Resource, Retail, and Cannabis Companies Present December 4th and 5th
