Tag Archives: grayscale

[ad_2][ad_1] Bitcoin (BTC) has attracted many cryptocurrency investors, but it is Ethereum’s Ether (ETH) that is starting to garner more attention, according to Grayscale. In a telephone interview with Bloomberg, CEO Michael Sonnenshein said 2020 saw a significant increase in “Ethereum only” investors, highlighting the asset’s growing appeal beyond the …

[ad_2][ad_1] (Bloomberg) – As Bitcoin’s record grabs attention, its crypto compatriot Ethereum continues to expand its appeal beyond the crowd of software programmers. Prior to this year, most investors’ first stop was Bitcoin, according to Michael Sonnenshein, chief executive of Grayscale Investments LLC, which has investment products that track both …

[ad_2][ad_1] In the letter Grayscale is reducing the Grayscale Ethereum Trust’s stock into nine pieces. This will make the individual shares of the trust cheaper. It will not affect the total value of the fund. Grayscale Investments announced today that it is dividing the shares of its Grayscale Ethereum Trust, …

[ad_2][ad_1] Digital asset manager Grayscale has announced a share split for its Ethereum Trust, a move that could make the fund more attractive to individual investors. In an official press release, Grayscale announced Wednesday that the division will be rolled out on Dec.17, with record shareholders receiving eight additional shares …

[ad_2][ad_1] New York, December 2, 2020 (GLOBE NEWSWIRE) – Grayscale Investments®, the world’s largest digital currency asset manager and sponsor of Grayscale® Ethereum Trust (OTCQX: ETHE) (the “Trust”), announced today that it has declared a 9-for-1 split (the “share split”) of the undivided fractional beneficial interest common units issued and …

[ad_2][ad_1] Bitcoin continues to rise, with an indicator suggesting bulls have room to roam. Zcash, the privacy-oriented blockchain network, had its first halving. And Brian Brooks, as the Currency Controller, could stay for five years. Upper shelf High or not?At least one dark indicator suggests that bitcoin bulls have room …

[ad_2][ad_1] Grayscale cryptocurrencies under management (AUM) broke the $ 10 billion mark for the first time as the prices of Bitcoin, Ethereum and other major cryptocurrencies continue to rise. Grayscale is one of the largest institutional investors in the cryptocurrency industry. The company is enjoying the recent market rally and …

[ad_2][ad_1] Cryptocurrency fund manager Grayscale Investments now holds more than 500,000 BTC in its Bitcoin Trust. According to a Nov. 16 to send, Grayscale now holds $ 8.35 billion worth of Bitcoin, accounting for 2.69% of Bitcoin’s outstanding supply (BTC) and market cap. But with Chainalysis estimating that around 3.7 …

[ad_2][ad_1] It is no longer a novelty that Paypal, the global payment giant, allows its users to buy and sell cryptocurrencies The news now is that PayPal has linked up with cryptocurrency exchange and stablecoin issuer, Paxos Trust Company, to enable its millions of users in the United States to …

[ad_2][ad_1] 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 exceeded all previous investments in the trust. The company now holds $ 6.7 billion (481.711 BTC) at the time …