Tag: grayscale investments

Jul 20 2021

Grayscale Bitcoin Trust (GBTC): Why GBTC Moves Markets

The Grayscale Bitcoin Trust (GBTC) is a publicly-traded trust that invests solely in bitcoin. Grayscale, GBTC’s holding company, is the largest digital asset manager on the market, and the GBTC is one of its biggest products. BGTC is particularly appealing for Investors interested in crypto but not willing to hold coins themselves. In...

Uniswap (UNI) to Be Allocated 49.95% of Grayscale’s New DeFi Fund

Grayscale Investments is has launched a new DeFi fund The DeFi fund will provide investors with weighted exposure to the top 10 DeFi tokens according to market cap They include Uniswap (UNI), Aave (AAVE), Compound (COMP), Curve (CRV), MakerDAO (MKR), SushiSwap (SUSHI), Synthetix (SNX), Yearn Finance (YFI), UMA Protocol (UMA) and Bancor (BNT) Uniswap will be allocated the lions share of the fund...

Jun 18 2021

Grayscale is Exploring the Addition of MATIC & Solana to its Products

Grayscale has updated the list of digital assets it has been exploring as potential additions to its product offerings Grayscale has added 13 digital assets to the list including Polygon (MATIC) and Solana (SOL) Grayscale now has $34.4 Billion in assets under management In the last 30 days, Grayscale has purchased several altcoins including Filecoin, Chainlink, MANA, Liverpeer, ZEC, BCH and Litecoin The...

Apr 06 2021

As Bitcoin (BTC) Approaches $59K, Buy Calls Hit 3-Week High

The overall cryptocurrency market cap has reached $2 trillion as Bitcoin continues to show strength making a move to $59K levels. Although, Bitcoin faces strong resistance at $60K its volatility has reduced as the BTC price is...

Apr 01 2021

Grayscale’s Filecoin Trust and Chainlink Trust Sees Massive Institutional Buying Amid Price Rally

As Bitcoin (BTC) continues to consolidate around $59,000 levels, altcoins are leading the market. However, we shall be talking about two altcoins - Filecoin (FIL) and Chainlink (LINK) - who have registered...

Mar 24 2021

Chainlink Oracles to be Integrated by Filecoin (FIL)

In brief: Filecoin (FIL) is in the process of integrating with Chainlink The move will create an end-to-end Web 3.0 development stack which will enable bidirectional communication between the Filecoin and smart contracts Chainlink and Filecoin Trusts were recently launched by Grayscale Chainlink now has a total of 461 projects that have integrated its technology The decentralized file storage project of Filecoin (FIL)...

Mar 23 2021

Will Grayscale Bitcoin Trust (GBTC) Flip World’s Largest Gold ETF (GLD) in 2021?

Mar 23 2021 Published at Coingape under tags  bitcoin news btcbrl btcbusd btcdai btceur

With nearly 650K Bitcoins in its kitty, the Grayscale Bitcoin Trust (GBTC) is the world's largest Bitcoin fund with ~$38 billion in assets under management. Over the last year, some aggressive Bitcoin purchases and...

Mar 17 2021

Grayscale Launches 5 New Trusts: Chainlink, BAT, MANA, FIL and LPT

Summary: Grayscale Investments has announced the launch of 5 new crypto trusts They include Chainlink (LINK), Basic Attention Token (BAT), Decentraland (MANA), Filecoin (FIL) and Livepeer (LPT) Each of these digital assets has gained significantly in the last 24 hours and/or 7 days The CEO of Grayscale had hinted at a pending announcement earlier today The Wallstreet company of Grayscale Investments has announced...

Mar 10 2021

Digital Currency Group To Invest $250 Million In Grayscale Bitcoin Trust

Digital Currency Group, the parent of Grayscale Bitcoin Trust’s manager, plans to invest $250 million to gain indirect exposure to bitcoin.Today, Digital Currency Group (DCG) announced an authorization to purchase $250 million worth of shares in...

Top 5 Bitcoin Holders in 2021! Hint: Not Tesla…

Although many people and companies bought Bitcoins recently, they entered the crypto sphere at high prices. There are many Bitcoin holders who managed to buy Bitcoins at much cheaper prices, thus owning more than recent comers. In this article, we're going to mention the TOP 5 Bitcoin Holders as of...

Grayscale’s New Job Postings Suggest a Bitcoin ETF Application

In brief: Grayscale new job openings suggest the company is considering a Bitcoin or Crypto related ETF application One of the requirements is that candidates should have experience dealing with the various US financial regulatory bodies including the SEC JP Morgan plans on launching a cryptocurrency exposure basket composed of 11 companies with Bitcoin exposure The crypto investment firm of Grayscale might be...

Mar 04 2021

Chinese Crypto Exchange Huobi Plans Its Owns Grayscale-Like Crypto Funds for Asia

As the Asian cryptocurrency market continues to mature, Asia's biggest crypto trading platform Huobi cites an opportunity here! As per the latest info from Chinese journalist Wu Blockchain, Huobi Global is planning to...

Mar 02 2021

Altseason First Horseman – Grayscale Latest Announcement Will Likely Ignite Rally

Grayscale Investments announcement on Feb 26 about exploration of different altcoin investments products will likely ignite an astronomical rally and result in a proper altseason, multiple analysts are claiming....

Feb 26 2021

Grayscale is Exploring 23 New Crypto Trusts Including LINK, DOT, ADA

In brief: Grayscale Investments has announced that it is exploring the addition of 23 new digital asset trusts The list includes Chainlink, Cardano, Polkadot, Aave, just to name a few Grayscale's announcement confirms earlier speculation that it was in the process of creating new trusts The Wall Street Investment firm of Grayscale has confirmed that it is exploring the addition of several new...

Feb 20 2021

ETH Tops $2000 Levels As the Grayscale Ethereum Trust (ETHE) Hits $6 Billion AUM

The world's second-largest cryptocurrency Ethereum (ETH) has surged all the way to above $2000 levels hitting its new all-time high. At press time, ETH is trading 5.68% up at a price of $2030 with a market cap of $232 billion....

Feb 12 2021

Grayscale Adds ETH Worth $93M in 24 hrs, the Highest Inflow in 2021

In brief: Grayscale has added $93 Million worth of Ethereum to its ETH trust in 24 hours This translates to 52,730 ETH purchased in one day This is the highest daily inflow since the year began and since Grayscale opened subscriptions to its Ethereum trust Ethereum is struggling to turn $1,800 into support and could be a sign of weakness Grayscale Investments has...

Grayscale Files to Register Trust for DeFi Platform Yearn Finance

Grayscale Investments, the world’s largest digital asset manager, has filed to register a new cryptocurrency trust for Yearn Finance (YFI).

Feb 05 2021

Grayscale’s Asset Under Management Clocks Over $30 Billion, Bitcoin Trust (GBTC) Contribution Drops

Feb 05 2021 Published at Coingape under tags  altcoin news bitcoin news btcbrl btcbusd btcdai

World's largest digital asset manager Grayscale has updated that the company's net assets under management for all its crypto trust products have just moved above $30.1 billion. The Grayscale Bitcoin Trust (GBTC) and...

Feb 04 2021

Ethereum Eyes $1700 Levels As Grayscale Adds Another ~$76 million Worth ETH

Feb 04 2021 Published at Coingape under tags  altcoin news ethaud ethbkrw ethbrl ethbtc

In a massive rally over the last 48-hours, the Ethereum (ETH) price has moved past $1650 levels and is now eyeing a move above $1700. The massive rally comes as the institutional purchases by Grayscale shoot sharply in the last two days....

Feb 01 2021

Grayscale Reopens Its Ethereum Trust to Investors

Digital asset manager Grayscale Investments said Monday that its Ethereum Trust (OTCQX: ETHE) is again open to accredited investors. Read more: Digital Asset Manager Grayscale Eyes DeFi Space With New Trust Filings

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