▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
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We’re about to see the highest monthly close in Bitcoin’s history. The previous monthly high was ~$13,700 and today will mark a close above $19k for the first time ever.
We’re seeing an unprecedented level of activity in the BTC futures market and in the activity of institutions getting exposure to BTC in various forms. Some are buying BTC outright while others are integrating BTC into their business model and others are investing into GBTC.
Coindesk reports on the Guggenheim news that broke yesterday. Guggenheim manages over $233 billion USD in their various fund allocations. A particular fund called “Macro Opportunities” has $5b in assets and Guggenheim just filed to invest up to 10% of this fund into GBTC.
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▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
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