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$1,988.203.20%BTC$71,842.832.63%ETH$1,974.762.14%XRP$1.293.40%SOL$80.342.80%

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

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