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Grayscale Investments has purchased more than 1.5 times the number of bitcoins mined since the third Bitcoin halving for its bitcoin trust. This indicates that there is a strong institutional demand for the cryptocurrency, which is expected to grow significantly post the coronavirus crisis. GBTC Buys 1.5 Times the Amount of Bitcoin Mined After Halving … Read more
Independent researcher Kevin Rooke estimates that Grayscale has ramped up its Bitcoin accumulation to a rate equivalent to 150% of the new BTC created since the halving. Go to Source Powered by WPeMatico
Leading Bitcoin fund manager Grayscale Investments explains in its recent report that viewing CBDC as a Bitcoin replacement is incorrect. Go to Source Powered by WPeMatico
Institutional investors brewing a perfect Bitcoin storm Go to Source Powered by WPeMatico
American digital asset management fund Grayscale has continued to grow, with the total assets under management hitting $3.8 billion. Go to Source Powered by WPeMatico
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 … Read more
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. Go to Source Powered by WPeMatico
A Bloomberg analyst believes Bitcoin presents a more attractive supply model than gold. Go to Source Powered by WPeMatico
Grayscale holds 1.7% of the Bitcoin supply and that says a lot about institutional demand for crypto Go to Source Powered by WPeMatico
The premium on Grayscale’s GBTC shares has fallen, what does this say about institutional investor sentiment? Go to Source Powered by WPeMatico
