Tag: grayscale

Apr 16 2021

Rothschild Investment Adds Ethereum, Surpassing Bitcoin Holdings

According to a recent filing with the SEC, the Chicago-based Rothschild Investment has made a substantial investment in Ethereum. Rothschild Investment Doubles Down on Ethereum The firm purchased 265,302 shares of...

Apr 13 2021

TIME Magazine To Hold Bitcoin

Legacy media institution TIME Magazine will be paid for a cryptocurrency video project in bitcoin and hold the asset on its balance sheet.The CEO of digital currency investment firm Grayscale, Michael Sonnenshein, has announced a partnership with TIME Magazine to produce a video series about cryptocurrencies, with the publication...

Apr 12 2021

TIME Will Invest In Bitcoin and Partner With Grayscale

Apr 12 2021 Published at Crypto Briefing under tags  bitcoin business grayscale

TIME Magazine is taking further steps toward crypto adoption, as revealed today by Grayscale CEO Michael Sonnenshein. Three Big Announcements Sonnenshein noted that the company is taking three actions. First, TIME is partnering with Grayscale to release a series of educational videos, which will be broadcast...

Stellar Primed to Break Out as Institutions Buy XLM en Masse

Stellar entered a new uptrend that has seen it rise over 60% since the beginning of the month. While institutional investors continue scooping up more XLM, prices look poised to break out. Institutional Demand Skyrockets Institutional demand for XLM seems to be picking up at an...

Apr 09 2021

Happy Birthday, Satoshi! 🥳🎂🎁

PLUS: Bitcoin as a Chinese weapon???? After years of regulatory obscurity, the SEC will be releasing its internal communications to Ripple on how it determines if a cryptocurrency is a security or not. Whether that will help or hinder Ripple’s case in the SEC’s lawsuit against the company remains to be seen, but it should help the general public better understand the SEC’s...

Apr 08 2021

Grayscale Bitcoin Trust to Convert to an ETF, Premium Remains Negative: What’s Next?

Earlier this Monday, Grayscale Investments announced its plans to transform Grayscale Bitcoin Trust (GBTC) into an exchange-traded fund. Up until recently, GBTC was one of the only investment funds for institutions and retail investors alike. Amidst growing competition, however, the fund’s...

Apr 06 2021

Breaking: Grayscale Adds Chainlink to its Large Cap Fund

Grayscale Investments, the largest digital asset manager announced the addition of Chainlink to its Grayscale Digital Large Cap Fund (GDLC) after updating the Fund Component weightings. The firm in its official...

Apr 05 2021

XRP User Files Lawsuit Against Nexo for $5M in Liquidations

Apr 05 2021 Published at Crypto Briefing under tags  business grayscale lawsuit ripple

One day after the SEC filed legal action against Ripple in December 2020, Nexo suspended XRP. Now, one California resident is suing Nexo for $5 million in losses from the move. Users Lose $5M in Nexo Debacle The lawsuit has been filed by Junhan Jeong, a California resident who had taken out a fiat loan from...

Grayscale Announces Intention To Convert GBTC To ETF

Grayscale Investments plans to convert its Grayscale Bitcoin Trust, the world’s largest such product, into a bitcoin exchange-traded fund.Today, digital assets management group Grayscale announced its intention to convert the world’s largest bitcoin trust, GBTC, into an exchange-traded fund (ETF) with regulatory...

Grayscale Reveals Plans to Convert GBTC to Bitcoin ETF

Apr 05 2021 Published at Crypto Briefing under tags  bitcoin etf business grayscale

In a blog post published this morning, Grayscale LLC announced its intention to convert its Bitcoin Trust Fund (GBTC) to an exchange-traded-fund (ETF). Grayscale Bitcoin ETF Awaits Regulatory Approval ...

GrayScale Reveals Its Plan For A Bitcoin ETF

Apr 05 2021 Published at Coingape under tags  bitcoin etf bitcoin news btcbrl btcbusd btcdai

Grayscale Trust, the largest cryptocurrency asset manager has revealed its aspirations of launching a Bitcoin ETF amid growing demand for a...

Is Grayscale Bitcoin Trust’s Demise Inevitable? GBTC Premium Negative for a Consecutive Month

Since February, Grayscale Bitcoin Trust (GBTC) has continued to trade at a negative premium. The Bitcoin fund, available to institutional investors on the traditional stock market, has traded below the price of Bitcoin since February 22, 2021 -- a telling sign that its demand was drying up....

Apr 02 2021

Grayscale Effect Pumps Filecoin, But for How Long?

Apr 02 2021 Published at Crypto Briefing under tags  fil filecoin grayscale markets trading

Filecoin has been on a roll lately, surging more than 550% since the beginning of March. While institutional capital continues to flow in, the technicals point to a brief correction before further gains. Institutional Demand Picks Up Institutional capital seems to be flowing en masse into Filecoin....

Mar 26 2021

Grayscale Bitcoin Trust Hits Record Low Against NAV

Why has the Grayscale Bitcoin Trust hit a record low against net asset value?Shares of the Grayscale Bitcoin Trust (GBTC) hit a new record low against net asset value (NAV) this week, touching as low as negative 14.31 percent as bitcoin continues to face downward pressure, with the asset down 8.02 percent on Thursday.The world's largest bitcoin fund in terms of...

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 18 2021

Chainlink Eyes New All-Time High Following Grayscale Listing

Mar 18 2021 Published at Crypto Briefing under tags  chainlink grayscale link markets trading

Chainlink made headlines after Grayscale announced that it would launch a new LINK trust fund for institutional investors, with the token's price surging by 14%. Chainlink Pumps on Grayscale News Decentralized oracles token Chainlink resumed its uptrend after Grayscale...

Chainlink Might be Undervalued in terms of Supply and Demand

Summary: Chainlink reserves on crypto exchanges have been in a state of constant decline since last year The CEO of CryptoQuant thinks that Chainlink is undervalued in terms of supply and demand Chainlink's supply on exchanges will probably continue reducing as Grayscale continually scoops up LINK for its new trust Chainlink is currently attempting to turn the $30 price area into support Chainlink...

Mar 17 2021

Grayscale Launches Five New Altcoin Trust Funds

Mar 17 2021 Published at Crypto Briefing under tags  altcoin business grayscale trust fund

Grayscale has launched five new altcoin trust funds of Basic Attention Token, Chainlink, Decentraland, Filecoin, and Livepeer for institutional investors. Grayscale Pumps Unpopular Crypto Assets Grayscale allows accredited investors to issue trust shares backed by five new tokens in BAT, LINK, MANA, FIL, LPT. The shares will come with a lock-in period and are non-redeemable, similar to the other prior altcoin listings of...

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...

Breaking: GrayScale Investment Announces New Trust for These Five Cryptocurrency

Grayscale Investment, one of the largest cryptocurrency fund managers popular for its Bitcoin Trust has announced a new cryptocurrency trust fund comprising of 5 cryptocurrencies including long-rumored...

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