Bitcoin wallets with 100+ coins hit new one-year high

Bitcoin addresses with 100 or more coins hit 16,120 on 19 December 2022. Each address is worth $1.67 million at current prices, increasing the number of Bitcoin millionaires to the highest level since December 2021. Data also shows hodling is on the rise despite crypto winter, with 46% of BTC last active in 2+ years […]

Why has the Grayscale Bitcoin Trust discount hit an all-time high?

Key Takeaways Grayscale is the largest Bitcoin fund in the world Discount to underlying asset (Bitcoin) has reached record levels, breaching 50% Concern about reserves, higher fees and other hurdles explain the discount, which likely won’t close anytime soon   The discount to net asset value of the Grayscale Bitcoin trust is at all-time highs. […]

Brandt says Bitcoin to hit $13k before setting a new all-time high

Bitcoin is trading above $19k, but Peter Brandt believes it will reach $13k in the near term before setting a new all-time high three years from now. Peter Brandt, founder and CEO of proprietary trading firm Factor LLC, told CoinDesk TV in a recent interview that he believes Bitcoin will set a new all-time high […]