Bitcoin Investment Trust
Billionaire investor and the co-founder of Oaktree Capital Management Howard Marks shared his views on Bitcoin at the Delivering Alpha Conference on July 23.
Saturday was a day of recovery for most cryptocurrencies.
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Bitcoin (GBTC) seems to have found some support level to stay above $6,000. It was trading at $6,111 as of 8:15 AM EST, seeing a loss in price of 1.7% over the last 24 hours.
There seems to be a marginal rebound in the price of the top cryptocurrencies, although the markets were choppy on Thursday.
Breaking the cycle of alternate days of gains and losses, the cryptocurrency markets seem to have experienced an extreme downturn.
Bitcoin has fallen about 5% over the last 24 hours, and its market cap is also down to $134 billion.
Genesis Mining, which is the largest blockchain mining company based out of Iceland, put up billboards outside Warren Buffett’s office last week.
The Goldman Sachs–backed (GS) start-up Circle announced a new cryptocurrency pegged to the US dollar.