Elite Investment Company Blog

While a rally to $50,000 in two weeks may be challenging to envision but is far from impossible.

The strike option supplants the company's previous $300,000 maximum offering listed on Jan. 9.

The company cited issues relating to poor liquidity in the face of heightened demand.

"We are certainly open to it,” Cameron Winklevoss said in the interview.

Terms of the investment were not disclosed.

Analysts and mining pools say selling pressure from mining wallets hasn't contributed to recent corrections in bitcoin's price.

Grayscale's popular bitcoin trust once again led the pack with over $200 million in inflows every week.

Every millennial that works for the company thinks there should be more crypto products offered, said CEO Lance Uggla.

With a runway of a year or more before the Federal Reserve and other major central banks can launch digital currencies, bitcoin and other private cryptocurrencies could gain a foothold in electronic commerce.

Cash proceeds from the Trust’s liquidated XRP will be distributed to Trust shareholders, Grayscale said.

DeFi tokens are attracting investors as bitcoin's rally fades and new protocols are updated.