Ark Invest CEO Cathie Wood said she expects Bitcoin to soar to $500,000 in five years time during an interview at the SALT Conference on Monday.Read More
Ethereum makes up a large part of crypto-asset manager Grayscale’s portfolio. In a recent report, it shows that Grayscale now has over 3 million ETH in its asset under management (AUM), amounting to more than $10 billion. This makes the asset manager one of the largest holders of Ethereum in the space. Related Reading | Crypto Market Goes Into “Extreme Greed,” What This Means For Bitcoin The asset manager had gradually increased its ETH holdings over time, adding almost 20,000 ETH to its portfolio back in February. The recent filings show that the New York-based asset manager has increased its crypto holdings since its last report, which has raised the value of the total assets under management from $33 billion to $41.4 billion. Ethereum Is Not The Only Interest The fund had started out providing a way for investors to invest in Bitcoin through the stock market. But over the years, Grayscale has added more crypto-assets to its offering to provide investors more exposure to the markets. Grayscale’s crypto management spans across a host of cryptocurrencies. Assets in its care range from Bitcoin to Ethereum, Litecoin, Ethereum Classic, and a host of others. Grayscale’s Ethereum Trust at almost $10 billion | Source: Grayscale on Twitter In addition to its $10 billion ETH and $29 billion BTC holdings, Grayscale also holds over $700 million worth of Ethereum Classic and over $300 million worth of Litecoin in its portfolio. The size of its assets under management puts Grayscale as the largest crypto asset manager in the world. Grayscale had also dived into the DeFi world back in July when it launched a new DeFi fund. The fund was the first of its kind in the firm’s history but would be the second diversified product fund. This fund was based on the Coindex DeFi Index. Highest Asset Under Management Although Ethereum makes up a big chunk of the asset manager’s portfolio, bitcoin remains top of the list. Grayscale’s Bitcoin holdings total over 640,000 coins, which puts the total value at almost $30 billion. Constituting the largest part of assets under management in the portfolio. The asset manager’s Ethereum holdings put ETH as the second-highest holding in its portfolio, following behind bitcoin. Related Reading | Here’s What Bitcoin Exchange Inventory Levels Means For The Bull Rally The trust has also benefitted from the current bull rally that has rocked the market. The price of Ethereum has grown tremendously in just the past three weeks along. Seeing the price of the digital asset come to rest firmly above $3,000, a price point it had not been able to break following the crash from the all-time high of the asset. The price of Ethereum at the time of this writing is trading above $3,200, with a 0.71% 24-hour price change. ETH price sitting above $3,200 | Source: ETHUSD on TradingView.comRead More
Factors ranging from regulation in China to the Taproot protocol upgrade were driving bitcoin price charts to a decisive point for weeks.Read More
Jul 21, 2021 | Bitcoin News, BTCBRL, BTCBUSD, BTCDAI, BTCEUR, BTCGBP, BTCJPY, BTCKRW, BTCMXN, BTCNGN, BTCPAX, BTCRUB, BTCTRY, BTCTUSD, btcusd, BTCUSDC, BTCUSDT, BTCXRP, BTCZAR, Crypto News, Gbtc, GBTC unlock FUD, grayscale, Grayscale Bitcoin Trust, News
Grayscale Bitcoin Trust (GBTC) unlock has been the topic of discussion in the crypto sphere for the past couple of weeks as many expected the unlocking of shares after 6-months could have a bearish outcome on the Bitcoin price. However, contrary to mainstream belief BTC price has managed to escape any sell-off during the unlock
Digital asset manager Grayscale has launched a new DeFi fund with CoinDesk Indexes, according to a press release. The Grayscale Decentralized Finance (DeFi) Fund will offer its clients exposure to some of the major tokens in the sector. The fund will track the CoinDesk DeFi Index, created on May 10, 2021, to “measure the investable […]Read More
Jul 19, 2021 | BTCBRL, BTCBUSD, BTCDAI, BTCEUR, BTCGBP, BTCJPY, BTCKRW, BTCMXN, BTCNGN, BTCPAX, BTCRUB, BTCTRY, BTCTUSD, btcusd, BTCUSDC, BTCUSDT, BTCXRP, BTCZAR, Crypto News, DeFi News, grayscale, Grayscale Defi Fund, Grayscale Investment, News
Grayscale, the world’s largest crypto asset manager is expanding its crypto product offering with its new Defi Fund, the first of its kind from the firm. The crypto asset manager is well known for offering Bitcoin and other altcoins investment funds, but this would mark their first entry in the highly popular defi ecosystem. The
Jul 15, 2021 | Bitcoin News, Bitcoin Price, BTC Price Volatility, BTCBRL, BTCBUSD, BTCDAI, BTCEUR, BTCGBP, BTCJPY, BTCKRW, BTCMXN, BTCNGN, BTCPAX, BTCRUB, BTCTRY, BTCTUSD, btcusd, BTCUSDC, BTCUSDT, BTCXRP, BTCZAR, Crypto News, Gbtc, GBTC share, grayscale, News
The current Bitcoin price volatility and sideways movement are being attributed to the ongoing unlock of Grayscale’s flagship Bitcoin trust $GBTC. Many believe the unlock of shares after 6-month put pressure on the spot market in the short term. However, it is important to note that Grayscale doesn’t sell its BTC on the expiry of
The post Can Grayscale Actually Sell Bitcoin (BTC) After Unlock of GBTC Shares? appeared first on Coingape.
Jul 13, 2021 | Bitcoin News, BNY Mellon, BTCBRL, BTCBUSD, BTCDAI, BTCEUR, BTCGBP, BTCJPY, BTCKRW, BTCMXN, BTCNGN, BTCPAX, BTCRUB, BTCTRY, BTCTUSD, btcusd, BTCUSDC, BTCUSDT, BTCXRP, BTCZAR, Crypto News, gbtc premium, GBTC shares, grayscale, News, Oldest custody bank
Grayscale, the world’s largest digital asset manager today announced BNY Mellon, the oldest custody bank as its ETF service partner when it would convert its popular institutional Bitcoin product GBTC into a Bitcoin ETF. BNY Mellon would act as the asset servicing provider that would offer fund accounting and administration for GBTC until it gets
The post Breaking: Grayscale Selects BNY Mellon as ETF Service Provider for Upcoming Bitcoin ETF appeared first on Coingape.
Jul 12, 2021 | Bitcoin, Bitcoin News, BTCBRL, BTCBUSD, BTCDAI, BTCEUR, BTCGBP, BTCJPY, BTCKRW, BTCMXN, BTCNGN, BTCPAX, BTCRUB, BTCTRY, BTCTUSD, btcusd, BTCUSDC, BTCUSDT, BTCXRP, BTCZAR, Cardano, Chainlink, Crypto News, Ethereum, grayscale, Grayscale Dgital Large Cap Fund, News, Regulation News
Grayscale’s Digital Large Cap Fund ($GDLC) has become an SEC reporting company making it more attractive for regulatory-focused institutional investors. Grayscale filed for the Registration Statement on Form 10 with the SEC to obtain the regulatory clearance. The digital asset management firm also revealed that they have filed three additional Registration Statements for its Bitcoin
The post Breaking: Grayscale’s $GDLC Fund is now an SEC Reporting Company appeared first on Coingape.
Grayscale has just added Cardano to its Digital Large Cap Fund. The top asset management fund announced its quarterly rebalancing that brought up Cardano to be the third-largest holdings of the company. Welcome aboard, #Cardano. We have adjusted the portfolio of Grayscale Digital Large Cap Fund to now include $ADA. — Grayscale (@Grayscale) July 2, […]Read More
Grayscale, the largest crypto asset manager has added another altcoin to its popular Digital Large Cap Fund ($GDLC). Cardano (ADA) was included in the fund with the third-highest allocation of 4.36% after Bitcoin (67.47%) and Ether (25.39%). Grayscale Digital Large Cap Funds is a passive investment option that offers exposure to 70% of the digital
The post Just-In: Grayscale’s $GDLC Adds Cardano (ADA) With 3rd Largest Allocation appeared first on Coingape.
Jun 3, 2021 | Bitcoin News, BTCBRL, BTCBUSD, BTCDAI, BTCEUR, BTCGBP, BTCJPY, BTCKRW, BTCMXN, BTCNGN, BTCPAX, BTCRUB, BTCTRY, BTCTUSD, btcusd, BTCUSDC, BTCUSDT, BTCXRP, BTCZAR, Crypto News, Gbtc, grayscale, Grayscale Bitcoin Trust, Institutional demand, News
Grayscale, the world’s leading crypto asset manager has seen zero inflow into its premiere Bitcoin product since late February when the premium turned negative. The Grayscale Bitcoin Trust (GBTC) was one of the most sought-after institutional Bitcoin investment products in absence of any better-regulated alternatives, and the high demand for these often led to a
The post Grayscale Bitcoin Trust Zero Inflow Suggest Institutions are Looking for Regulated Alternatives appeared first on Coingape.
May 14, 2021 | Altcoin News, Crypto News, ETHAUD, ETHBKRW, ETHBRL, ETHBTC, ETHBUSD, ETHDAI, ETHE, ETHEOSDT, ETHEUR, ETHGBP, ETHHUSD, ETHJPY, ETHKRW, ETHMXN, ETHPAX, ETHRUB, ETHTRX, ETHTRY, ETHUSD, ETHUSDC, ETHUSDT, ETHUST, ETHZAR, grayscale, Grayscale Ethereum, News
Grayscale Ethereum Trust (ETHE), the institutional crypto investment fund for the second-largest cryptocurrency registered a negative 14.3% premium reaching its lowest since listing. Grayscale being the world’s largest crypto asset manager offers a range of crypto-based trust funds to invest, in absence of a regulated ETF in the United States. These private investment funds have
The post Grayscale Ethereum Trust (ETHE) Premium Sets All-Time-Low at -14.3% appeared first on Coingape.
Just-In: Grayscale Partners With New York Giants to Become First Crypto Company to Sponsor a Major NFL Team
May 5, 2021 | Bitcoin, Blockchain News, BTCBRL, BTCBUSD, BTCDAI, BTCEUR, BTCGBP, BTCJPY, BTCKRW, BTCMXN, BTCNGN, BTCPAX, BTCRUB, BTCTRY, BTCTUSD, btcusd, BTCUSDC, BTCUSDT, BTCXRP, BTCZAR, Crypto News, grayscale, New York Giants, News, NFL
Grayscale Investments, a popular crypto asset management firm has become the first crypto company to partner with an NFL team in the form of New York Giants. The partnerships come amid the growing popularity of crypto assets as well as crypto companies this bull season. Grayscale CEO, Michael Sonnenshein “Our partnership with the Giants is
The post Just-In: Grayscale Partners With New York Giants to Become First Crypto Company to Sponsor a Major NFL Team appeared first on Coingape.
Select a Sub Category
Made $234 profit with Free Signals from $50
This is the best useful app on my phone. Started trading with $50 and in 5 weeks I was up to $234 just with the free signals. I will recommend it to any new person that wants to try trading crypto. Link to Review
This app is one of the best for crypto currency trading signal for experts and beginal with free and premier with auto follow trading bot all the signal is excellent with accurate technical analysis and fundamental I really like the way they guide and support. Link to Review
User Friendly App
Signals are great. I love it. App also friendly to use… Nice job guys Link to Review