Grayscale, a significant player in digital asset management, has expressed enthusiasm about the potential transformation of its Grayscale Bitcoin Trust (GBTC) into a Bitcoin ETF. This move could eliminate the current 8.09% discount of approximately $1.89 billion, aligning GBTC’s price more closely with the actual value of Bitcoin, offering significant benefits for investors. The company’s
Puerto Rico Electric Power Authority bondholder GoldenTree Asset Management and bond insurer Syncora Guarantee gave notice they will appeal several PREPA bankruptcy decisions. The appeal, announced Thursday, covers all “interlocutory orders merging into the final judgment,” issued by U.S. District Judge Laura Taylor Swain Tuesday for an adversary proceeding that the Oversight Board filed in
Whether you’re starting out in real estate, or have been involved in your profession for decades, the reality is that errors will happen. Part of growing both personally and in your line of work involves making mistakes. It’s often what happens after a misstep that is most important. If you can reflect on the event
Detached houses on a large housing development on the western side of Nashville, Tennessee. Georgeclerk | Istock | Getty Images Nashville natives say they barely recognize the city’s skyline anymore. And they probably won’t anytime soon, as cranes still litter the picture. The Nashville building boom is in full effect, despite higher interest rates, higher
Municipals were firmer Friday ahead of a large new-issue calendar, which boasts billion-dollar-plus deals from Pennsylvania and the New York City Transitional Finance Authority along with a sizable taxable Hawaii general obligation bond deal. U.S. Treasuries were rallying and equities were up near the close. Triple-A yields fell up to six basis points, depending on
In this article BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Charlie Munger at Berkshire Hathaway’s annual meeting in Los Angeles California. May 1, 2021. Gerard Miller As Charlie Munger’s admirers around the globe mourn the loss of one of the most influential investors ever, a deep sense of gratitude and appreciation has spread — for
Ether (ETH) is trading higher on Dec. 1, despite its inability to breach the $2,100 resistance. This level has prompted several rejections in the past three weeks, which is especially concerning given Ether’s 16.2% gains in November. Ether 12-hour price index, USD. Source: TradingView However, the current positive momentum is supported by several factors, including
Moody’s Investors Service Friday lifted Ohio’s issuer default and general obligation ratings to triple-A based on strong financial management and an economy that’s “poised for diversification and growth.” The state now boasts the coveted top issuer rating from Moody’s and Fitch Ratings, which upgraded it in September, 2022. S&P Global Ratings pegs the state one
The highly publicized Florida Gov. Ron DeSantis v. California Gov. Gavin Newsom debate frequently devolved into a shoutfest. Fox News moderator Sean Hannity mostly stuck to his promise to moderate and not join the debate after introducing himself as a well-known conservative. Democrat Newsom, who recently outed himself as a friend of Hannity’s, said he
Wallets linked to defunct crypto trading firms FTX and Alameda Research moved $10.8 million to accounts in Binance, Coinbase and Wintermute using eight cryptocurrencies. Blockchain analysis firm Spot On Chain found $10.8 million worth of cryptocurrencies being moved from FTX and Alameda Research accounts to various crypto exchanges. The firm estimated that the defunct entities