Discover and read the best of Twitter Threads about #gbtc

Most recents (9)

Bitcoin ed Eth sono scesi insieme alle altre,dopo un take profit di STH. Polkadot ha visto la perdita più grande. Le azioni statunitensi hanno avuto un martedì misto tra la guida sugli earnings deboli da parte di Microsoft e il PMI a 46,6. Anche se questo supera le aspettative.
Il recente aumento del prezzo fino alla regione tra $21k e $23k ha coinvolto il recupero di più modelli di prezzo on-chain, che storicamente ha significato un cambiamento psicologico nei modelli di comportamento degli investitori.Investor Price ($17.4k) e Delta Price ($11.4k)
l'aumento del prezzo in Bitcoin ha riportato molti investitori in una situazione di profitto, utilizzando gli indicatori Investor Price e Delta Price. Questi mostrano l'acquisizione media dei prezzi per tutte le monete e una combinazione di prezzo on-chain e tecnico."
Read 23 tweets
1/4 Get ready for a potentially bumpy ride this week, #Bitcoin, #Ethereum and #altcoin traders! Here are 3 reasons why:

🧵A thread by @esatoshiclub
2/4Tensions are rising as #Winklevoss, co-founder of #Gemini, calls out #DCG founder Barry Silbert over $900 million in locked customer funds. Crypto Twitter is speculating about potential liquidity issues at #DCG and the impact on #GBTC and #ETHE positions held by #Grayscale.
3/4 Fear is high and #liquidity is low as we continue to see drama unfold between DCG and Gemini. Sentiment in the #crypto market remains down, with most market participants not feeling bullish and hesitant to take on risk. The current index sits at 26 out of 100.
Read 4 tweets
1/4) Reading between the lines @cameron letter concerns me deeply by drawing an analogy between @DCGco & #FTX.

Entertain me for a couple of tweets…

“Related party undisclosed loan”

Sounds like Alameda <> FTX loans
2/4) “Used to do a share buy back”

Sounds like the #FTX share buy back of @cz_binance shares.

“Do some crazy venture investment”

Sounds like #FTX venture investing

“Pump the #GBTC AUM & value”

Sounds like pumping $FTT
3/4) “You didn’t borrow? You did a promissory note?”

That’s the mechanism Alameda used to lend money to @FTX_Official executives & @SBF_FTX

I had to call out #Celsius

CZ had to call our #FTX

Cameron & others I respect are now calling out #DCG
Read 4 tweets
🔴 ¿NOS DEBERIA PREOCUPAR? ⚠️

Durante estas semanas mucho se ha hablado sobre algunas empresas crypto que podrían estar a punto de caer. Pero ¿Realmente podrían caer o es puro FUD?

En este hilo veremos la situación sobre algunas de las empresas más importantes 🧵👇

(1/12)
Son dos de las empresas más importantes del sector:

🔹 GRAYSCALE: ofrecen GBTC, un instrumento de inversión que posee cerca de 635.000 #BTC

🔹 GENESIS TRADING: el crypto lender más grande.

Genesis está cerca de quebrar... PERO ¿Grayscale también está en peligro?

(2/12)
🚨 GRAYSCALE

Durante la semana pasada, mucho se dudó sobre si realmente poseían la cantidad de #Bitcoin que decían tener, pues se negaron a mostrar sus reservas que están bajo la Custodia de Coinbase.

Sin embargo, Coinbase ya ha validado las reservas sobre estos BTC.

(3/12) ImageImage
Read 12 tweets
1/n 看了 #Bitmex 老板对灰度 FUD 事件的分析,来跟大家捋捋:首先,#灰度#GBTC 是个类ETF的产品,但是会伴随一个可以在粉单市场交易的债券(信用增发,且可通过券商直接介入传统投资人流动性)
2/n GBTC 份额难以退出,只能通过在二级市场卖出GBTC完成(单向流动性,且二级承压)四. 灰度按照资管常规,收取2%的管理费,也就是说每个月不论大饼涨多高,计提一次AUMx2%➗12的管理费收入。而一个ETF收0.0945%(吸血印钱)
3/n 印钱流程:1. Gemini 把客户的大饼借给 Genesis赚取比给客户更高APY的收益。 2. Genesis再把大饼借给三箭,Blockfi. 然后他们再把大饼给灰度,生成GBTC的份额。
Read 17 tweets
Die #FTX-Pleite hat den gesamten Markt erschüttert. Die neue BlingBling-Ausgabe beschäftigt sich mit der Frage, welche Projekte jetzt wackeln und wann #Bitcoin einen Boden bildet 🧵👇 Image
1⃣ Das #FTX-Massaker geht weiter und angesichts mancher Überschriften in den Leitmedien kann sich fragen, ob der Boden nicht langsam erreicht ist. Image
2⃣ Auf der anderen Seite könnte das Domino-Spiel jetzt erst richtig losgehen. Der Skandal um @SBF_FTX und die #FTX-Abzocke beginnt Kreise zu ziehen. Selbst seine Eltern, renommierte Anwälte, stecken tief drin.
Read 11 tweets
1/ The world's largest crypto lender is collapsing.

Genesis, under DCG, is ironically the latest victim of the FTX contagion after publishing Alameda Research's balance sheet via Coindesk (DCG's subsidiary).

The contagion has come full circle. Here's what you need to know ⬇️
2/ The parent company of @Grayscale & @GenesisTrading, @DCGco, is having liquidity issues & seeking a $1B emergency loan.

Before we dive into the details & ramifications, we must understand who’s involved & what their roles are.
3/ Three parties plagued by the contagion concern this time:

@DCGco
@GenesisTrading
@Grayscale
Read 20 tweets
There were several investments that led #BlockFi to be on the brink of bankruptcy.

1- Investing in #GBTC
In July 2021 Blockfi is the second largest holder of GBTC with 19.8 million shares ($500 million) Image
They received deposits in #BTC from investors (with 5% interest) and reinvest in #GBTC for better interest

Due to reduced demand for GBTC, the GBTC premium, in March becomes negative.

#BlockFi had to sell GBTC because many investors wanted to withdraw their BTC. (Loss $100m)
Read 10 tweets
⚡️Çok Önemli Grayscale Analizi ⚡️

Bünyesinde bulundurduğu 600.000+ $BTC ile Satoshi'den sonra gelen en büyük #Bitcoin yatırımcısı Grayscale dosyasını açıyoruz.

Bitcoin 20.000'e düşmüşken kurumsal yatırımcılar dip olarak değerlendiriyor mu? Buyrun analize...
Öncelikle Grayscale ABD Borsalarında Bitcoin yatırımı yapmak isteyen yatırımcılar için $GBTC adında bir ürün sunuyor.

Büyük yatırımcılar saklama, vergi ve hukuki konularda avantajı olduğu için Bitcoin almak yerine sermayelerini Grayscale şirketine verip $GBTC alıyorlar.
Şirket yatırımcıların yerine Bitcoin'i alıp saklama görevi üstleniyor. Buna karşılık yatırımcılara GBTC adında bir hisse veriyorlar.

Bu hisse Bitcoin fiyatı baz alarak fiyatlansa da bazen Bitcoin'e nazaran ucuz, bazen de pahalı fiyatlanıyor. Bunun başlıca sebepleri var.
Read 19 tweets

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