Tag Archives: Grayscale

In der vergangenen Woche hat GrayScale Bitcoin im Wert von über 542 Millionen Dollar gekauft. Dies hat die Unternehmung mittels einer Einreichung bei der Securities and Exchanges Commission (SEC) mitgeteilt. Der Kauf von ungefähr 11’200 Bitcoin hat zwischen dem 15. und 22. Dezember 2020 stattgefunden, am Dienstag sind 12’300 Bitcoin im Wert von ungefähr 280 Millionen Dollar gekauft worden: Das Interesse von institutionellen Investoren ist ungebrochen und wächst weiter....

In der vergangenen Woche hat GrayScale Bitcoin im Wert von über 542 Millionen Dollar gekauft. Dies hat die Unternehmung mittels einer Einreichung bei der Securities and Exchanges Commission (SEC) mitgeteilt. Der Kauf von ungefähr 11’200 Bitcoin hat zwischen dem 15. und 22. Dezember 2020 stattgefunden, am Dienstag sind 12’300 Bitcoin im Wert von ungefähr 280 Millionen Dollar gekauft worden: Das Interesse von institutionellen Investoren ist ungebrochen und wächst weiter....

Imagine that you come across a collectible you want. You’ve done the math, and you know it’s only worth a specific amount, yet the seller wants double or triple that price. Would you take it? Do you want this collectible enough? When it comes to bitcoin, people are allegedly so desperate to get their hands on the currency that they’re suddenly willing to pay just about anything to add it to their portfolios.Bitcoin Premiums Are Through the RoofBitcoin, the world’s number one cryptocurrency by...

Bitcoin could be headed towards a bullish supply and liquidity crisis, said Glassnode’s Chief Technology Officer. He came to this conclusion after reviewing recent BTC developments, including institutional adoption, bitcoin hodlers, exchange balances, and miners’ supply.BTC Wallets, Lost Coins, And MoreRafael Schultze-Kraft, the CTO at the analytics company Glassnode, explored different BTC stats, metrics, and recent developments that point out an ongoing supply and liquidity crisis.He...

Analysts from the US multinational investment bank JPMorgan Chase & Co have doubled-down on their belief that institutional inflows towards bitcoin are crucial for the asset’s price. They warned that if their purchases decline, the cryptocurrency could head towards a violent correction.JPMorgan Confirms: Institutions Are Key For BitcoinWhile most financial assets have suffered through this challenging year, bitcoin’s performance has contrasted substantially with a surge of more than 220%...

Bitcoin has hit a new all-time high. Just 24 hours after shooting beyond the $20,000 mark, the world’s number one digital currency by market cap has surged to $22,700, roughly $2,000 higher than where it stood just 24 hours ago.Bitcoin Is Growing Like Never BeforeThe currency has been on a serious surge over the past few weeks. Considering the asset was, at one point in mid-March, trapped below the $4,000 for a brief period, the currency has added close to $20,000 to its price in just nine...

With bitcoin marching to new all-time highs and dragging most alternative coins higher as well, the assets under management for the leading crypto manager Grayscale jumped to nearly $14 billion. This is a 7-fold increase for the company whose managing director categorized 2020 as the “coming of age story for the asset class.”Bitcoin Breaking Above $20K Is Not SurprisingAs reported earlier today, the primary cryptocurrency went on a tear that resulted in reaching almost $24,000. With its...

Ruffer Investment, a London-based asset manager with $27 billion in AUM, is the latest large company to purchase a considerable amount of bitcoin. The company has allocated 2.5% of the portfolio of one of its funds, translating into a purchase of about $15 million worth of BTC.UK Asset Manager Replaces Gold With BTCThe cryptocurrency community has discussed widely in the past few months that some institutions have taken funds out of gold investments and allocated them into bitcoin. While most...

CoinShares data reaffirms the narrative that institutional investors continue to allocate considerable amounts into cryptocurrency assets. Last week was the second-highest seven-day period with nearly $430 million inserted in the crypto market, driving the assets under management to an all-time high of $15 billion.Record-Breaking Weeks For Institutional Money In CryptoBy citing data from the digital asset manager CoinShares, Reuters reported the significant growth of institutional money...

The world wants crypto and Grayscale knows it. After announcing a massive purchase of over $280 Million in Bitcoin last week, Grayscale is now also betting on Ethereum.According to a report issued by Grayscale to the SEC, the company revealed having purchased 11455 ETH for a total of $74,135,609. The decision follows a terrific year for Ethereum, with the rise of DeFi projects and the launch of Ethereum 2.0 as the leading reasons behind the price rally of its native token, ETH.Genesis...