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26 October 2020

Analysts: Bitcoin Is Now in a Much Better Place | Live Bitcoin News

Analysts: Bitcoin Is Now in a Much Better Place | Live Bitcoin News


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Another boost to bitcoin’s trajectory came from a competing coin, with Grayscale announcing that its Ethereum Trust is now an SEC reporting company.

This move brings it in line with the Bitcoin Trust (GBTC) and offers yet another on-ramp into the crypto ecosystem.

Bitcoin is also trading higher in sympathy with Ethereum, which is benefiting from the news related to Grayscale and its Ethereum Trust, as well as ongoing growth in the DeFi ecosystem as evidenced by the total value locked

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