DOGE and Bitcoin Investment from the Gilbert Family: It Got Crazy!

 

The prominent ESPN tennis analyst (former player-coach and best-selling author) shared his first recent crypto-related Bitcoin (BTC) experience and his daughter's Dogecoin (DOGE) investment with CNBC's Squawk Box host...

Squawk Box

@SquawkCNBC

·

4h

"I had never done anything in #crypto and I bought my first in February. It's called

@Grayscale

," says

@ESPN

Analyst

@bgtennisnation

. "I feel like the market everyday is like a tennis match, like an opponent. I just try to get a little win."

Little girl's DOGE purchase drives Gilbert to GBTC Brad Gilbert shared that he took his first step into the world of cryptocurrencies in February of this year and bought Grayscale's GBTC. He admitted that his younger daughter got into crypto before him and bought “one of those crazy Dogecoins.” Grayscale offers institutional investors access to cryptocurrencies through trusts. Besides Bitcoin, it offers Ethereum, Litecoin, Cardano's ADA and several other altcoins: MANA, XLM, BAT, etc.

Bitcoin returns to $50,000

As reported by Kriptokoin.com, on September 2, the leading cryptocurrency Bitcoin rose above the level of $ 50,661.55. However, he could not stay there and made a comeback. So far, BTC has recovered and is trading at $50,629.44, according to data provided by CoinMarketCap. Earlier, the largest cryptocurrency by market cap was priced at $50,000 on August 23 as the Bitcoin hash rate recovered after the Chinese ban, weak hands left their Bitcoins at a loss, and the Fear and Greed Index showed extreme fear at the time. briefly managed to recapture the mark. August 23 marked Bitcoin's first break above $50,000 since mid-May.