Tag: grayscale

Jan 14 2021

Institutional Investors Dominate Grayscale’s 900% Annual Gains in 2020

Grayscale began 2020 with $2 billion in assets under management (AUM) and finished the year with over $20 billion AUM. In the latest report, the firm identifies "unprecedented" institutional demand as its growth source. ...

Bitcoin Retests $40k as Grayscale Adds 2,172 BTC to its Bags

Quick take: Bitcoin's $30k - $32k held Bitcoin has just retested $40k and looks ready to push further This comes after Grayscale added 2,172 BTC to its bags in the last 24 hours Institutional buying of Bitcoin is back in high gear with the new year However, a move back down by Bitcoin cannot be dismissed The King of Crypto - Bitcoin (BTC)...

Grayscale’s Crypto Products Raised Over $3B Last Quarter, the Most Ever

Jan 14 2021 Published at CoinDesk under tags  grayscale news

Grayscale's popular bitcoin trust once again led the pack with over $200 million in inflows every week.

Ripple Hits Another Snag as Grayscale Liquidates XRP Trust

Jan 14 2021 Published at Crypto Briefing under tags  grayscale markets ripple sec trading

The debacle around XRP's legal status continues to unfold, with Grayscale liquidating its respective Trust product. This and other negative headlines have severely impacted the altcoin's price. Grayscale Dissolves XRP Trust Ripple made headlines after the U.S. Securities and Exchange Commission (SEC)...

XRP Battles to Maintain $0.30 as Grayscale Dissolves its XRP Trust

Quick take: Grayscale announced the dissolution of its XRP trust All cash proceeds will be distributed to the XRP Trust shareholders XRP is rather stable at the $0.28 - $0.30 price area Its number 4 spot in terms of market cap, could be under threat from Polkadot (DOT) Grayscale Investments has announced that it will be commencing the dissolution of its XRP Trust...

Jan 13 2021

Grayscale Investments Begins Dissolution of XRP Trust Citing Ripple SEC Suit

Cash proceeds from the Trust’s liquidated XRP will be distributed to Trust shareholders, Grayscale said.

Jan 12 2021

Demand Shortage in Grayscale’s Bitcoin Trust Signals Alarm Bells

Jan 12 2021 Published at Crypto Briefing under tags  analysis bitcoin trust gbtc grayscale

Grayscale has reopened the sale of its Bitcoin Trust shares to new investors after three weeks. The leading cryptocurrency faces a shortage of demand from existing Grayscale...

Top 5 Crypto News: 01/12

After making an all-time high of $41,940 on 8 January 2021, Bitcoin price underwent a sharp correction yesterday. This jolted the altcoins price as well. However, the Bitcoin price recovered fast and at the time of press Bitcoin is trading around $35k, and altcoins are also recovering. Let’s find out some interesting...

Top 5 Crypto News: 01/12

After making an all-time high of $41,940 on 8 January 2021, Bitcoin price underwent a sharp correction yesterday. This jolted the altcoins price as well. However, the Bitcoin price recovered fast and at the time of press Bitcoin is trading around $35k, and altcoins are also recovering. Let’s find out some interesting...

Jan 09 2021

ETF Could Hurt Bitcoin Price in Short Term: JPMorgan

Jan 09 2021 Published at CoinDesk under tags  bitcoin gbtc grayscale jpmorgan markets

An ETF could draw institutional money from the Grayscale Bitcoin Trust, a support for the price of the cryptocurrency, the report said.

Jan 08 2021

Bloomberg Report: $50k May Be Bitcoin’s Next Stop with a Base at $20k

Summary: $50k may be Bitcoin's next stop Bitcoin's old all-time high of $20k is now its base Bitcoin is attracting traditional gold investors as it is the digital version of the precious metal Bitcoin as an asset is maturing as seen through accumulation and a reduction of the premium rate on GBTC The team at Bloomberg have released their 2021 January crypto outlook...

Grayscale CEO Says Crypto Interest Is Rising From Pension, Endowment Funds

Jan 08 2021 Published at CoinDesk under tags  business coinflash grayscale investment markets

Michael Sonnenshein said institutions are also making larger allocations to its crypto products.

Jan 06 2021

Grayscale Drops XRP from its Large Cap Fund as Whales Abandon the Coin

Jan 06 2021 Published at Ethereum World News under tags  grayscale ripple sec xrp xrp news

Summary: The SEC lawsuit against Ripple continues to have a ripple effect on XRP XRP whales holding at least 1 million coins have dropped significantly Grayscale has removed XRP from its large-cap fund and sold its XRP bags to buy Bitcoin, Ethereum, Litecoin and Bitcoin Cash It has been less than two weeks since the SEC announced that it was suing Ripple for...

Jan 05 2021

FTX Exchange Lists Grayscale, Bitwise Crypto Shares

Jan 05 2021 Published at Crypto Briefing under tags  business ftx exchange grayscale retail

Crypto derivatives exchange FTX has added Grayscale's Bitcoin (GBTC) and Ethereum (ETHE...

Grayscale Drops XRP From Large Cap Crypto Fund Following Ripple SEC Suit

Jan 05 2021 Published at CoinDesk under tags  business grayscale ripple ripple effect xrp

The digital asset manager announced that it ditched XRP on Dec. 31. No word on the fate of the Grayscale XRP Trust.

Jan 01 2021

Grayscale Didn’t Dump XRP, Instead They Bought 12 Million More on New Year

Jan 01 2021 Published at Coingape under tags  altcoin news bybt grayscale news ripple

Grayscale dumping XRP was the headline of most of the media publications based on data from Bybt, however, a company spokesperson refuted all such claims. A quick look at the Grayscale Investment Holding now clarifies that no significant amount of XRP was liquidated in the past 7 days, however, earlier the chart did show mass The post Grayscale Didn't Dump XRP, Instead They...

Grayscale Reports $20.2 Billion in Assets Under Management

Jan 01 2021 Published at UseTheBitcoin under tags  bitcoin breaking btc crypto news eth

Grayscale continues to expand as we enter 2021. The digital asset management company informed that they are now managing $20.2 billion in assets. The company is offering different […]

Dec 29 2020

Institutions Eye Ethereum After Bitcoin Allocation, Ripple Lawsuit

Dec 29 2020 Published at Crypto Briefing under tags  analysis grayscale investment

Bitcoin has risen to new highs thanks to renewed institutional interest. Now, analysis suggests that Ethereum could be next to enjoy the same large institutional inflows. Grayscale Data Reveals Altcoin Opportunity Grayscale is the largest institutional cryptocurrency fund globally, with...

Dec 24 2020

Dec 21 2020

Grayscale Halts Institutional Purchase of Bitcoin, Ethereum Shares

Dec 21 2020 Published at Crypto Briefing under tags  analysis bitcoin gbtc shares grayscale

Grayscale has paused selling its top five crypto shares, raising fears of an imminent drop in Bitcoin's prices. Grayscale Premium Attracts Institutions Grayscale Investments LLC. has...

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