BitGo and Swan partner to launch a Bitcoin-only trust company
Key takeaways BitGo and Swan to launch a new trust company Crypto custodian BitGo and bitcoin financial services firm Swan have announced plans to launch a Bitcoin-only trust company. According to the press release published on Thursday, the Bitcoin-only trust company will offer custody without exposure to other digital currencies. The trust, which will be launched […]
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. […]
Trust Wallet Token (TWT/USD) – a cryptocurrency with 100% gains, but are higher prices possible?
Trust Wallet Token (TWT/USD) has been the darling of investors this week. The token’s value has gained by triple digits in the past week, even as others soured over the weak crypto sentiment. If you have been wondering, the same reason that caused the decline of cryptocurrencies boosted TWT. The collapse of the FTX crypto […]