The first woman to gain more than a million YouTube subscribers is now going all-in on bitcoin to promote financial freedom to her loyal fanbase. “I kind of view bitcoin as similar to YouTube, which…
Osprey Polkadot Trust Arrives as Institutional Interest in…
The newest investment trust tracking polkadot echoes other moves by the fund manager to make cryptos accessible via traditional equity markets and satisfy growing investor demand as interest in ETPs mounts. Low-Fee Offering to be…
Grayscale Launches 5 New Crypto Investment Products as…
Grayscale Investments has launched five new cryptocurrency investment products, which are now available for subscription by eligible individual and institutional accredited investors. The company now offers a total of 14 crypto investment products. The new…
Bloomberg Chief Analyst Says Bitcoin Could “March To…
Bitcoin is currently struggling to reclaim $50,000, but one chief Bloomberg analyst says that the cryptocurrency could be ready to “march” toward $100,000 per coin in the near term. Here’s the data the senior commodity…
NYDIG Registers for a Bitcoin ETF, Morgan Stanley…
Just recently, during Microstrategy’s “Bitcoin for Corporations” event, Stone Ridge Asset Management and New York Digital Investment Group (NYDIG) founder, Ross Stevens, explained that he sees a “wall of money” entering the bitcoin space. A…
Yearn Finance’s YFI Hits $50K Before Bitcoin as…
Yearn Finance’s governance token YFI reached a new milestone on Friday as its price crossed over the $50,000-mark for the first time in history. The gains appeared as Grayscale Investments, a New York-based cryptocurrency management…
Crypto Financial Services Firm Blockfi Launches Competitive Bitcoin…
The cryptocurrency financial services firm Blockfi has launched a bitcoin-based trust that offers custody from Fidelity Digital Asset Services. Blockfi’s investment vehicle aims to give investors exposure to the leading crypto asset as bitcoin assets…
Grayscale’s Crypto Assets Under Management Soar Past $30…
Grayscale Investments has surpassed the milestone of $30 billion in net crypto assets under management (AUM). The company says the tremendous growth is due to institutional investors, particularly hedge funds. Grayscale revealed Friday that its…
MicroStrategy will pitch Bitcoin to 1,400 public companies:…
MicroStrategy, the $6.37 billion business intelligence conglomerate in the U.S., will meet with public companies on Feb. 4 to discuss Bitcoin (BTC). Michael Saylor, the CEO of MicroStrategy, said that professionals from over 1,400 firms…
Crypto Asset Manager Bitwise Files to Publicly Trade…
On February 2, the crypto asset manager, Bitwise Asset Management, announced it had filed a Form 211 with the U.S. Financial Industry Regulatory Authority (FINRA). If the proposal is approved Bitwise will be able to…
First Mover: Federal Reserve Soup Now Includes Bitcoin,…
Bitcoin (BTC) was higher for a second day, pushing toward the upper end of the range between roughly $30,000 and $36,000 where it has traded for the past couple weeks. Ether (ETH), the second-biggest cryptocurrency,…
Federal Reserve Soup Now Includes Bitcoin, DeFi, Silver,…
Bitcoin (BTC) was higher for a second day, pushing toward the upper end of the range between roughly $30,000 and $36,000 where it has traded for the past couple weeks. Ether (ETH), the second-biggest cryptocurrency,…
$180 Million Bitcoin Investment Fund IPOs on Canadian…
Canadian investment management firm Ninepoint has completed an initial public offering (IPO) of its bitcoin fund on the Toronto stock exchange. The company says the offering is the largest IPO of a bitcoin investment fund…
Altcoins soar after 10% Bitcoin price breakout flips…
Bitcoin (BTC) price appears to have flipped the $32,000 level back to support as the wider cryptocurrency market saw renewed optimism on Jan. 28. Data from Cointelegraph Markets and TradingView shows that BTC has steadily…
With Record Bitcoin Buys, How Are Grayscale’s Investors…
Grayscale’s Bitcoin Trust (GBTC) made headlines again yesterday with its record one-day addition of 16,244 bitcoin, adding to its stack of over 630,000 bitcoin and an assets under management (AUM) totaling about $23 billion. Evidently,…
Spectacular bust for stocks: 5 things to watch…
Bitcoin (BTC) starts a new week with $30,000 reconfirmed as support but also a fresh vote of no confidence from the mainstream. After a more or less steady weekend, the largest cryptocurrency remains firmly in…
Premium on Grayscale’s GBTC Drops as Reports of…
Following the recent bitcoin price pullback, the latest Skew data now indicates that the premium rate on Grayscale’s GBTC is under 10%. The lower rate comes just weeks after the premium peaked at 41% towards…
Crypto ETP capitalization up 90% this month as…
Capital has flooded into crypto investment products in recent weeks, with the value of assets invested into crypto exchange-traded products, or ETPs, increasing by more than 90% in the last 30 days. The spike in…
Crypto ETP capitalization up 90% this month days…
Capital has flooded into crypto investment products in recent weeks, with the value of assets invested into crypto exchange-traded products, or ETPs, increasing by more than 90% in the last 30 days. The spike in…
Bitcoin Sells Off on Bearish Sentiment, Yellen Worries
Bitcoin’s price slumped by around 5.6% in the past 24 hours thanks to some Asian traders taking a short-term bearish view and concerns the new Biden administration in the U.S. will seek to put a…
Demand for Crypto Soars: Bitcoin Funds Break Records,…
Investors are increasingly seeking exposure to bitcoin following the recent months-long price rally. Bitcoin exchange-traded products are seeing record trading volumes. Meanwhile, more big banks are reportedly trying to get into the crypto space, including…
Grayscale reopens crypto trusts for investment as Bitcoin…
Digital asset investment manager Grayscale has resumed accepting new investments into almost all of its cryptocurrency trusts. The investment manager had paused new inflows into six of its trusts in late December 2020, just as…
Blockchain Bites: Crypto Market Cap Drops Below $1T…
Bitcoin shaved off a clean 20% in trading early Monday, having failed to establish itself above $40,000. The index of all the crypto assets came down with it, with analysts calling the decline a healthy…
Bitcoin analyst gives 4 reasons why BTC price…
Philip Swift, a Bitcoin (BTC) analyst and the creator of Lookintobitcoin.com, laid out four reasons why BTC is headed to $22,000. Both fundamental and technical factors indicate the top cryptocurrency’s momentum is strengthening. The one-year…
Grayscale now holds half a million Bitcoin
Cryptocurrency fund manager Grayscale Investments now holds more than 500,000 BTC in its Bitcoin Trust. According to a Nov. 16 post, Grayscale now holds to $8.35 billion worth of Bitcoin— equating to 2.69% of Bitcoin’s…
Grayscale Trust sees largest-ever weekly inflow, nears 500K…
Grayscale’s Bitcoin (BTC) Trust is on track to reach 500,000 BTC by the end of 2020. Last week, Grayscale saw a record inflow of $215 million (15,907 BTC) that surpassed all previous investments into the…
Grayscale Investments Scooped Up Over 17,000 BTC in…
During the last seven days, Grayscale Investments purchased 17,100 BTC or $182 million worth of bitcoin using today’s exchange rates. The company’s bitcoin position is now close to 450,000 BTC worth roughly $4.7 billion. The…
$217 Million Pour Into Grayscale’s Crypto Funds Following…
Grayscale Investments announced that it has raked in record investments of $217 million the week its TV commercial campaign launched. The company’s crypto TV commercial kicked off on CNBC, MSNBC, FOX, and FOX Business. Following…
Interest in Grayscale Crypto Products Not Easing Up,…
Grayscale Investments, the largest digital asset management firm in the world, has been showing exponential increases in investment to its cryptocurrency products. The total sum of assets under management grew by $1 billion in less…
$4.6 Billion Under Management: Grayscale Purchased Over $100M…
This week cryptocurrency proponents discussed the firm Grayscale Investments, as the firm purchased 9,702 bitcoins (over $110 million) in the past five days. The news follows Grayscale informing the U.S. Securities and Exchange Commission (SEC)…
Grayscale Investments’ Ethereum Trust Filed With the SEC…
The digital currency asset manager Grayscale told investors on Thursday that the firm has publicly filed a Registration Statement on Form 10 with the Securities and Exchange Commission (SEC) for the company’s Ethereum Trust. The…
How Grayscale Investments Sells Bitcoin to Financial Advisors
In a webinar hosted by InvestmentNews, Grayscale Investments’ managing director, Michael Sonnenshein, and financial consultant, Tyrone Ross Jr., educated financial advisors about the benefits of crypto investments. A slide from Sonnenshein’s presentation. Grayscale offers ten…
Bitcoin On-Chain Data Hints Price Breakout Towards $11K
Bitcoin price can break above $10,000 even as it eyes a choppy price action in the weeks ahead. The upside bias takes its cues from the crypto’s on-chain data, including higher buying strength, declining capitulation…
Experts Debate Bitcoin Price Volatility as $675M in…
On June 26, $675 million worth of Bitcoin options expired, while industry experts remain divided on its potential effect on price volatility. Some believe the record expiration date will cause Bitcoin (BTC) to see a…
At This Rate Grayscale Will Own 3.4% of…
Grayscale Investments has purchased almost half a billion dollars in Bitcoin since the May block reward halving, and this week bought BTC around three times faster than miners could produce blocks. According to a June…
Grayscale Bitcoin Trust Buys Over 1.5 Times Total…
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…
Blockchain Bites: Bitcoin’s Boom Roils Markets and a16z…
Coinbase experienced a brief outage yesterday as investors raced to the crypto exchange, propelled, in part, by a fear of missing out. FOMO is seen elsewhere in the market, as derivatives products soar 300% on daily…
Grayscale Buys 50% of All Ethereum Mined in…
Digital asset manager Grayscale Investments bought about 50% of all newly mined ethereum so far this year. It now holds the equivalent of 1.1% of ETH in circulation, according to a post on Reddit. Grayscale…