Tag Archives: Bitcoin

Interactive Brokers to Offer Crypto Trading in Coming Months

Interactive Brokers to Offer Crypto Trading in Coming Months

Interactive Brokers Group Inc. is stepping deeper into cryptocurrencies with a plan to offer trading services. “Customers certainly are asking for it, and we expect to be ready to offer it to them by the end of the summer,” Chairman Thomas Peterffy said Wednesday at Piper Sandler Cos.’s global exchange and fintech conference. Interactive Brokers joins […]

Bitcoin Struggles Below $40K; Upside Limited as Trend Weakens

Bitcoin Struggles Below $40K; Upside Limited as Trend Weakens

Bitcoin (BTC) failed to sustain moves above $39,000 last week, which was followed by a series of lower price highs. There is strong resistance around $37,600 which could limit upside this week. At press time, the largest cryptocurrency was changing hands around $36,500. While the long-term uptrend remains intact, slowing momentum and tighter trading ranges […]

Billionaire Carl Icahn Eyes Potential $1.5B Crypto Investment

Billionaire Carl Icahn Eyes Potential $1.5B Crypto Investment

The activist investor said cryptocurrency would endure but not necessarily all the current digital. U.S. billionaire and one-time cryptocurrency skeptic Carl Icahn is contemplating a potential $1.5 billion investment in digital currencies. The activist investor said he’s looking at investing in crypto in “a relatively big way,” clarifying that “big” could mean “a billion dollars, […]

Crypto Long & Short: Why Tesla’s Reversal Is Good for Bitcoin

Crypto Long & Short: Why Tesla’s Reversal Is Good for Bitcoin

The company’s recent move is more about policy than price. Plus: Did this week mark the start of a meaningful shift in the stablecoin market? Earlier this week, Tesla exacerbated an already nervous market mood with the announcement that it was no longer accepting the cryptocurrency as payment for its products. As usual, the crypto market focused on the […]

Record ‘Grayscale Discount’ Might Mean Bargain Bitcoin for Retail Traders

Record ‘Grayscale Discount’ Might Mean Bargain Bitcoin for Retail Traders

Anyone with a stock account can now make a savvy (albeit risky) bet on GBTC pricing disparities, previously exclusive to big players. A closely tracked ratio in cryptocurrency markets known as the “Grayscale premium” flipped earlier this year to a discount, and it widened this week to a gaping 21%, the most on record, according […]