Valkyrie Reveals Intention to Sponsor Grayscale’s Bitcoin Trust as GBTC Discount to NAV Widens – Bitcoin News

Valkyrie Investments, a Tennessee-based asset manager, has announced its intention to become the new sponsor of Grayscale’s Bitcoin Trust (GBTC). The company states that it is “uniquely qualified” for the role and plans to facilitate redemptions at net asset value (NAV) through a Regulation M filing. Valkyrie Offers to Take Over Management of Grayscale’s Bitcoin Trust Grayscale’s Bitcoin Trust (GBTC) has faced challenges in 2022, with the fund’s discount to net asset value (NAV) reaching record levels. Over the past six months, the spread between the fund’s value and NAV…

Top 3 Macroeconomic Events to Watch in 2023 Amid Volatile Market Conditions – Economics Bitcoin News

2022 was a tough year for crypto assets, and as the world welcomes 2023, the macroeconomic backdrop remains uncertain. Macroeconomic events will continue to shape the crypto economy and the economy as a whole. This editorial takes a look at the top three macroeconomic events to keep an eye on in 2023. Examining the Top 3 Macroeconomic Events That Could Shape the Economy and Crypto Market in 2023 The new year has started and the upcoming 12 months sure look gloomy in terms of the global economy. In 2022, assets…

Past, Present, And Future With Tony Spilotro

2022 is coming to an end, and our staff at NewsBTC decided to launch this Crypto Holiday Special to provide some perspective on the crypto industry. We will talk with multiple guests to understand this year’s highs and lows for crypto. In the spirit of Charles Dicken’s classic, “A Christmas Carol,” we’ll look into crypto from different angles, look at its possible trajectory for 2023 and find common ground amongst these different views of an industry that might support the future of finances. Spilotro: “As a nascent technology, crypto hasn’t…