Grayscale Investments

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Grayscale Continues Buying More Bitcoin Than What’s Being Mined

26 Jun 2020 1 minute read 12 comments author_nan

Asset management firm Grayscale Investments purchased 19,879 Bitcoin (BTC) this week, according to analyst Kevin Rooke. Worth roughly $184 million, the firm now has a total of 400,000 BTC in its coffers. Rooke also added that the rate at which Graysc...

1000% Ethereum Grayscale Premiums Will Not Last

12 Jun 2020 1 minute read 0 comments PassionCryptodotcom

Cash exchanges have suffered over the past two months, as highlighted by the Bitcoin output    . Investors looking for another way to acquire digital assets, no group of investors currently pays more than those involved with Grayscale, in particular...

Forbes: Donald Trump Can Trigger Bitcoin Rally

6 Jun 2020 2 minute read 0 comments DHEagle

US exchanges saw a 3 percent increase in a single session on June 5 due to speculation about the new employment report and the planned $ 1 trillion incentive package. According to Forbes, aggressive hopes of a "V" recovery may increase the likelihood...

In a week, miners mined 6,800 bitcoins. Grayscale bought 40% more

5 Jun 2020 1 minute read 0 comments Kluma

The company acquired BTC for $ 90 million in a few days. Now it manages more than $ 4 billion of cryptocurrencies.Over the past week, the Grayscale fund bought 9,503 BTC, which at the current exchange rate is about $ 93 million. Thus, the company acq...

Grayscale Bought Over 9500 Bitcoins Last Week

5 Jun 2020 1 minute read 5 comments author_nan

Grayscale investments purchased over 9500 Bitcoins for its Bitcoin Trust last week, accumulating even further as it now has bought over 28000 BTC since the halving - almost 10000 more than has been mined in the same period.  Kevin Rooke, who has bee...

Unfolding the mystery of $2467 Grayscale Ethereum

4 Jun 2020 2 minute read 6 comments paragism

The United States based Grayscale Ethereum Trust shares were the first security solely invested in and deriving value from the price of Ethereum. It provides the investors with a traditional investment tool for investing into Ethereum. You have no ne...

Bitcoin purchases by Grayscale, what does it mean for the price

31 May 2020 2 minute read 0 comments PassionCryptodotcom

It is important to understand that halving occurs when the price of Bitcoin has to be the most stable, i.e. not to drop, as many miners log out. The hash and the price depend on each other. Consequently, after the third reduction by half, the price d...

Oldman Sachs, They Just Don't Want To Get It!

31 May 2020 2 minute read 2 comments CPix

Last week Goldman Sachs hosted an investor call with a focus on the US Economic Outlook including opinions on inflation, Bitcoin, and gold. According to Goldman, Bitcoin is not scarce (Bitcoin Cash and Bitcoin SV), used in money laundering (1MDB scan...

Institutions Buy Massive Quantities Of BTC Via Grayscale Bitcoin Trust

29 May 2020 1 minute read 0 comments PassionCryptodotcom

Grayscale Investments, LLC recently reported an exorbitant demand from institutional investors seeking exposure to Bitcoin . Key points to remember The appetite for BTC increased after the reduction by half, in particular on the part of institutiona...

After Halving, Grayscale bought 50% more Bitcoin Than the miners produced

28 May 2020 1 minute read 3 comments Kluma

The company acquired almost 19 thousand BTC in three weeks and began to invest in cryptocurrency more often by 80% Since the halving, which took place on may 11, the investment company Grayscale Investments has purchased 18,910 bitcoins. This is 53%...