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The stock market has been increasingly volatile of late. But until proven otherwise we are witnessing a rotation not a full market correction. Aside from the crash in tech stocks and the lack of new leadership emerging, there may be more to the stock market’s troubles than meet...
The crypto roller-coaster is still in full swing as extreme volatility continues to whipsaw investors. Over the course of Monday, May 17, through Friday, May 21, Bitcoin (BTC-USD) fell 20% to $32.8K, only to accelerate rapid price moves. On Saturday, it jumped touched as high as $38.8K then f...
Bitcoin has had two bear markets since mid-April. There was a 27% decline followed by a 27% rally, followed by last week’s rout. From its intraday peak in April to its intraday low last week, bitcoin fell over 53%. Is that the end of the sell-off? Doubts about the post-virus bo...
Bitcoin's gyrations over the past week have taken their toll on a number of publicly traded stocks that are linked to the world's largest cryptocurrency.Over the course of Monday, May 17, through Friday, May 21, bitcoin fell 20% to $32.8K. On Saturday, it jumped touched as high as $38.8K...
Most cryptocurrencies tank after China Vice Premier Liu He says the country will crack down on bitcoin mining and trading, Reuters reports.That statement came just three days after reports that three regulators in the world's second largest economy will ban financial institutions from facilit...
Coinbase Global (COIN) is in talks to acquire Osprey Funds, Coindesk reports, citing two people with knowledge of the deal.While the discussions are at a high level, they're informal, one of the sources told Coindesk.Osprey's flagship product is the Osprey Bitcoin Trust (OBTC), which started ...
Last week’s inflation numbers apparently caught the Federal Reserve by surprise. Fortunately, the U.S. economy is booming. According to the Atlanta Fed, it is now growing at a 10.5% annual pace, despite last Friday’s flat retail sales report. Over 90% of the stocks i...
Bitcoin has risen over 100% in 2021 and has surged more than 600% in the past 12 months. The introduction of Micro Bitcoin futures this week is in direct response to the demand for smaller-sized contracts, which offer more accessibility to a regulated Bitcoin futures market. With ...
Commodities are on the move. Copper is at an eight-year high and lumber has tripled in a year’s time. When asked about Bitcoin’s meteoric rise, Bob Iaccino commented that “Bitcoin appears to respond to global currency devaluation.” I believe this is the mos...
Bitcoin (-5.2% to ~$55K), Binance Coin (-6.4%), and dogecoin (-23%) drop, pulling down Square (SQ) (-7.3%) and PayPal (PYPL) (-3.8%), which saw their Q1 earnings jump past analyst estimates, helped partly by their cryptocurrency apps.Ethereum, which had been rising, also turns down, ...
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Osprey Bitcoin Trust Unit Ben Int Company Name:
OBTC Stock Symbol:
OTCMKTS Market:
Osprey Bitcoin Trust (OTCQX: OBTC), a Delaware statutory trust (the “Trust”), announced today that it is aware that the common units of fractional undivided beneficial interest of the Trust (the “Units”) are trading at a discount to the value of Bitcoin. Osprey Funds, ...
Osprey Bitcoin Trust (OTCQX: OBTC), a Delaware statutory trust (“Osprey” or the “Trust”), announced today that it has terminated the previously announced offer to purchase for cash via tender offer (the “Offer”) up to 20% or 1,668,107 outstanding common u...
NEW YORK, Jan. 18, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), today announced the 2024 OTCQX ® Best 50, a ranking of the top-performing OTCQX companies in the prior calendar year. The OTCQX Best 50 is an annual ranking of the top 50 U.S. and international co...