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coinpedia
2022-07-13 07:17:38

Amidst The Bear Market, BlockFi Claims To Windup All Its GBTC Position! GBTC Drops By 5%

Amidst The Bear Market, BlockFi Claims To Windup All Its GBTC Position! GBTC Drops By 5%

The post Amidst The Bear Market, BlockFi Claims To Windup All Its GBTC Position! GBTC Drops By 5% appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto GuideSince Terra (LUNC) crashed in May 2022, the crypto lenders have been striving to cope with the losses and manage the liquidity issues. Yesterday, July 12, BlockFi, a crypto lender, claimed that Grayscale’s GBTC shares will no longer be accepted as shares. This news had its own repercussions, as the GBTC stocks (OTCMKTS: GBTC) were …

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