Tag: grayscale

Oct 16 2020

Grayscale Now Holds 2% of Ethereum’s (ETH) Circulating Supply

Quick take: Grayscale currently manages a total of $6.3 Billion in digital assets Its Ethereum trust is worth $869.7 Million This figure is approximately 2% of Ethereum's market cap indicating Grayscale holds a similar percentage of ETH's circulating supply The team at Weiss Ratings predicts an 18% spike in Ethereum's value once ETH2.0 is released A few hours ago, the team at Grayscale...

Oct 15 2020

Grayscale Reports A Record $1 Billion+ In Investments in Q3!

On Wednesday, Grayscale published their report for Q3 2020. The documents showed that the New York based investment company acquired new investments worth $1.05 Billion in the last 3 months, a new record! In comparison, Grayscale was able to attract $906 Million in Q2, meaning it increased its new investments by 16%....

Macro Investor Sees Bitcoin Supply Deficit as Grayscale Boosts Stockpiling

Oct 15 2020 Published at Bitcoinist.com under tags  bitcoin btcusd btcusdt gbtc grayscale

Bitcoin (BTC) traders and investors may face a supply deficit as major firms increase their stockpiling of the cryptocurrency, according to Dan Tapeiro of New York-based global macro fund DTAP Capital. "SHORTAGES of Bitcoin [is] possible," the founder...

Oct 14 2020

Institutional Rain: Grayscale Attracts Over $1 Billion In Fresh Crypto Investments in Q3

Oct 14 2020 Published at Coingape under tags  bitcoin bitcoin news btcbrl btcbusd btcdai

The world's largest digital currency asset manager Grayscale released its Digital Asset Investment report for Q3 2020. Reportedly, the giant invested a whopping $1.05 billion...

Oct 11 2020

MicroStrategy CEO: BTC Works if your Investment Time Horizon is 100yrs

Summary: MicroStrategy CEO, Michael Saylor, has pointed out that Bitcoin is a worthwhile investment for anyone playing the long game He pointed out that any asset can work if your investment time horizon is one year But Bitcoin works if your investment time horizon is one century In a recent tweet, the CEO of MicroStrategy, Michael Sayler, explained that Bitcoin was a long-duration...

Sep 27 2020

Grayscale Adds 17,100 BTC to its Bitcoin Holdings in One Week

Quick take: In the last week, Grayscale Investments has accumulated an additional 17,100 BTC This adds to its already impressive Bitcoin holdings that are currently valued at approximately $4.8 Billion Such a large accumulation can only mean that Bitcoin's long term trajectory is up According to the team at Bybt.com, Grayscale investment has bought an additional 17,100 BTC in the last 7 days....

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