Name: Celsius Bankruptcy Developments; Grayscale Bitcoin Trust Discount Widens to Record High
Uploaded: 2022-12-08T20:47:17.000Z
Duration: 1 min 5 s
Description: Bloomberg reports that a judge involved in the Celsius bankruptcy case ordered the company to return $50 million worth of crypto to users of custody accounts. Plus, shares of the world’s largest bitcoin fund, Grayscale Bitcoin Trust (GBTC), hit a record-high discount rate of nearly 50% relative to the price of bitcoin (BTC). CoinDesk and Grayscale are both owned by Digital Currency Group.

CD20$2,033.431.79%BTC$75,862.851.95%ETH$2,082.072.05%XRP$1.331.74%SOL$83.841.91%

Celsius Bankruptcy Developments; Grayscale Bitcoin Trust Discount Widens to Record High | CoinDesk Videos

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