Dec 16, · Bitcoin breached the $20, level for the first time in history Wednesday, as crypto enthusiasts pointed to increased demand from institutional . Grayscale Bitcoin Trust Grayscale Bitcoin Trust’s publicly-traded stock, GBTC, serves as the most-direct bitcoin representative on Wall Street. The share profited as investors feared missing out on Bitcoin’s rally ahead of the halving. Dec 17, · Bitcoin gained another % in the past 24 hours and was trading above $23, for the first time in history on Thursday morning. The bitcoin rally has triggered a wave of new bullish bitcoin.
Bitcoin traded on wall streetbitcoin: The hottest debate on Wall Street is buying Bitcoin over gold - The Economic Times
On Tuesday, U. Jason Deane, an analyst at crypto advisory firm Quantum Economics, said increased institutional interest in bitcoin has "led to an increasingly bullish narrative. The total supply of bitcoins that will ever be "mined" is capped at 21 million.
Experts say this is due to a monetary rule implemented by the cryptocurrency's mysterious inventor, Satoshi Nakamoto. Skip Navigation. Markets Pre-Markets U. Key Points. It comes as big-name investors like Paul Tudor Jones and Stanley Druckenmiller have invested in the cryptocurrency. Advertise Submit a Press Release. Home Cryptocurrency news Bitcoin. Reading Time: 2min read. Stocks of companies involved with Bitcoin are returning extremely positive year-to-date yields. Chipmaker Nvidia, which manufactures cryptocurrency mining equipment, and publicly-traded bitcoin fund GBTC has reported double-digit gains.
Nvidia stock uptrend Source: TradingView. Reloads and free spins available every day, for every player, in mBitcasino Crypto Autumn Bonanza! Play Now! Tweet Share 7. Could you be next big winner? Yashu Gola Yashu Gola is a Mumbai-based finance journalist. Related Posts. Premium Partners. Top Brokers. Top Casinos. Top Sportsbooks.