Guggenheim's $5 billion Macro Opportunities Fund wants Bitcoin exposure!
On Friday they filed an SEC amendment allowing them to invest up to 10% of their fund in $GBTC
A 10% investment would be worth $487M, and would be $200M+ larger than their next largest position
https://www.theblockcrypto.com/post/85924/guggenheim-opens-door-to-bitcoin-exposure-for-5-billion-macro-fund-via-grayscale-gbtc-product
On Friday they filed an SEC amendment allowing them to invest up to 10% of their fund in $GBTC
A 10% investment would be worth $487M, and would be $200M+ larger than their next largest position
https://www.theblockcrypto.com/post/85924/guggenheim-opens-door-to-bitcoin-exposure-for-5-billion-macro-fund-via-grayscale-gbtc-product
The Block
Guggenheim opens door to bitcoin exposure for $5 billion macro fund via Grayscale's GBTC
The $230 billion firm could gain exposure to bitcoin via Grayscale's GBTC.
#BTCUSD
Ascending Channel structure
Will buy either the confirmed breakout of the resistance zone
Or pick it up on the support, if the correction happens.
Ascending Channel structure
Will buy either the confirmed breakout of the resistance zone
Or pick it up on the support, if the correction happens.
#BTCUSD
So ranging market of a weekend pump?
I will just be looking at the boundaries of the channel, if some bullish breakout happens will open a long.
So ranging market of a weekend pump?
I will just be looking at the boundaries of the channel, if some bullish breakout happens will open a long.
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- Month-long trading contest beginning 15 December, held by the Nash cryptocurrency exchange.
- Nash’s unique “Layer-2” technology provides the performance required to organize a trading competition without taking control of users’ assets.
▪️ Larger prize pools become available as trading volume generated throughout the competition increases, with a top pool of $1,000,000!
▪️ 50% of prizes are for teams, 30% solo traders, 10% profit/loss and 10% specials.
▪️ New users are eligible for $250 "Rookie" prizes!
📍More information: https://blog.nash.io/nash-league/
👉 Sign up: https://bit.ly/3alHUnX