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Grayscale Investments bought up to 33% of all newly minted bitcoin over the last three months, as the asset manager continues to stockpile major cryptocurrencies. The investment fund added 60,762 BTC to its Bitcoin Trust Fund between February 7 and May 17, a researcher posted on Reddit. That’s the equivalent of 607 BTC acquired by […]
The post Grayscale Buys 33% of All Bitcoin Mined in Last Three Months appeared first on Bitcoin News.
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Square’s Cash App and Grayscale absorbed over half of the Bitcoins mined in the first three months of 2020, according to a May 7 report.
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A Bloomberg analyst believes Bitcoin presents a more attractive supply model than gold.
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Grayscale holds 1.7% of the Bitcoin supply and that says a lot about institutional demand for crypto
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The premium on Grayscale’s GBTC shares has fallen, what does this say about institutional investor sentiment?
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With $195 million in assets under management, the Grayscale Ethereum Trust is currently selling shares at a 515% premium
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Institutions now increasingly view Bitcoin as a “flight to safety,” Grayscale’s managing director says
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With the Ether price doubling in weeks, the founder of Synthetix, Kain Warwick, has said he believes Ethereum is the reason people are “getting excited about crypto again”
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Bitcoin and cryptocurrency prices have seen significant gains as the entire cryptoconomy is up more than 40% since mid-December. Grayscale’s Bitcoin Trust (GBTC) has also seen an uptick and shares have climbed 9% this week. The news follows the asset manager’s recent registration as a reporting company with the Securities and Exchange Commission (SEC) and […]
The post Bitcoin Trust GBTC Shares Spike Despite 30% Premium appeared first on Bitcoin News.
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GBTC has beaten the likes of Microsoft and Alibaba in terms of equity holdings at Charles Schwab
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