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ESPN Tennis Analyst Brad Gilbert Gets GBTC, His Little Daughter Buys Dogecoin

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Fri, 09/03/2021 - 12:39
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Yuri Molchan
ESPN's Brad Gilbert forays into crypto via Grayscale's GBTC, while his daughter buys DOGE
ESPN Tennis Analyst Brad Gilbert Gets GBTC, His Little Daughter Buys Dogecoin
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Prominent ESPN tennis analyst (former player-turned-coach, also a best-selling author) has shared with CNBC's Squawk Box host his recent first experience with crypto: Bitcoin.

Little daughter's DOGE purchase drives Gilbert to GBTC

Brad Gilbert shared that, in February of this year, he made his first foray into the world of cryptocurrencies; he bought Grayscale's GBTC.

He admitted that his little daughter had gotten into crypto before him and bought "one of those crazy Dogecoins."

Grayscale offers institutional investors exposure to crypto assets via trusts. Aside from Bitcoin, it offers Ethereum, Litecoin, Cardano's ADA and several other altcoins: MANA, XLM, BAT, etc.

Related
Whales Shift More $4 Billion in Bitcoin, While BTC Declines to $48,500

Bitcoin is back at $50,000

As covered by U.Today, on Sept. 2, the flagship cryptocurrency, Bitcoin, surged back above the $50,000 level. However, it was unable to stay there and made a rollback. By now, BTC has recovered and is trading at $50,245, as per data provided by CoinMarketCap.

Previously, the leading crypto managed to briefly recapture the $50,000 price mark on Aug. 23 due to the recovery of the Bitcoin hashrate after the Chinese ban, weak hands dumping their Bitcoin at a loss and the Fear and Greed Index indicating extreme fear back then.

Aug. 23 was the first time Bitcoin had made it above $50,000 since the middle of May.

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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.