Today’s Top Crypto News, Thursday December 8th

Today’s Top Crypto News, Thursday December 8th

GBTC ‘elevator to hell’ sees Bitcoin spot price approach 100% premium– CoinTelegraph

Bad times for the Grayscale Bitcoin Trust (GBTC) get even worse this week as its discount to BTC/USD approaches 50% for the first time.”

Ether Breaks Trendline From Previous Bear Cycle Lows– Coindesk

The breakdown of the ascending trendline corresponding with previous bear market lows looks horrible, one portfolio manager said.

Bitcoin Is Stagnant, Like Stocks. Crypto Trading Has ‘Fallen Off a Cliff.’– Barron’s

“Bitcoin BTCUSD +0.01% and other cryptocurrencies were mostly stagnant Thursday, with sentiment for risky bets mostly muted amid recession fears.”

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