Analyst: Ethereum (ETH) can hit $10,000 till the end of 2022

January 6, 2021 Ethereum, grayscale ethereum trust, News Eddy 0

Analyst Joshua Frank believes that the current Ethereum bull run may be a result of institutional investors in the Grayscale Ethereum Trust. These investors are set to cash in on a trade they set up months ago and are gobbling up Ethereum in massive amounts, pushing the price up. Ethereum has been on a parabolic […]

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Bitcoin (BTC) RSI Levels Close to 90, Trader Expects 25-30% Sell-off In Early 2021

December 18, 2020 Bitcoin Correction, Bitcoin News, Bitcoin short, BTC short term, BTCBRL, BTCBUSD, BTCDAI, BTCEUR, BTCGBP, BTCJPY, BTCKRW, BTCMXN, BTCNGN, BTCPAX, BTCRUB, BTCTRY, BTCTUSD, BTCUSD, BTCUSDC, BTCUSDT, BTCXRP, BTCZAR, ETHE, GBTC, grayscale bitcoin trust, grayscale ethereum trust, News Eddy 0

On Thursday, December 17, Bitcoin (BTC) made a record rally hitting its new all-time high above $23,500 levels. However, this was soon followed by a whale rush at the exchanges who were set in profit booking. Bitcoin (BTC) is still trading around $23,000 but the technical chart is hinting caution before any fresh buying. Speaking […]

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Grayscale Bitcoin Trust (GBTC) Surges Past $10 Billion Assets Under Management

November 25, 2020 Bitcoin News, BTCBRL, BTCBUSD, BTCDAI, BTCEUR, BTCGBP, BTCJPY, BTCKRW, BTCMXN, BTCNGN, BTCPAX, BTCRUB, BTCTRY, BTCTUSD, BTCUSD, BTCUSDC, BTCUSDT, BTCXRP, BTCZAR, ETHAUD, ETHBKRW, ETHBRL, ETHBTC, ETHBUSD, ETHDAI, ETHE, ETHEOSDT, ETHEUR, ETHGBP, ETHHUSD, ETHJPY, ETHKRW, ETHMXN, ETHPAX, ETHRUB, ETHTRX, ETHTRY, ETHUSD, ETHUSDC, ETHUSDT, ETHUST, ETHZAR, GBTC, grayscale bitcoin trust, grayscale ethereum trust, News Eddy 0

Digital asset manager Grayscale continues to amass more and more Bitcoins as the Grayscale Bitcoin Trust (GBTC) clocks over $10 billion of assets under management (AUM). In the latest update, Grayscale notified that the total assets under management have also moved past $12 billion meaning the GBTC contributes a whopping 83% of its total value. […]

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Grayscale Ethereum Trust Gets SEC Nod As the First Public-Quoted ETH Investment Product

November 20, 2020 Altcoin News, ETHAUD, ETHBKRW, ETHBRL, ETHBTC, ETHBUSD, ETHDAI, ETHE, ETHE shares, ETHEOSDT, ETHEUR, ETHGBP, ETHHUSD, ETHJPY, ETHKRW, ETHMXN, ETHPAX, ETHRUB, ETHTRX, ETHTRY, ETHUSD, ETHUSDC, ETHUSDT, ETHUST, ETHZAR, GBTC, grayscale bitcoin trust, grayscale ethereum trust, News Eddy 0

In a major development, the United States Securities and Exchange Commission (SEC) has given its approval for the Grayscale Ethereum Trust (ETHE) as the first public quoted ETH investment product in the country. Thus, shares of the Grayscale Ethereum Trust shall be quoted on the top OTC marketplace OTCQX, under the ticker symbol ETHE. We’re […]

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Litecoin (LTC) Jumps 7% Over Improving Fundamentals, Grayscale Litecoin Trust at 2400% Premium

November 16, 2020 Altcoin News, grayscale ethereum trust, Grayscale Investments, Grayscale Litecoin Trust, Litecoin Price Surge, LTCBCH, LTCBNB, LTCBRL, LTCBTC, LTCBUSD, LTCDAI, LTCEOS, LTCETH, LTCEUR, LTCEURS, LTCGBP, LTCHT, LTCHUSD, LTCKCS, LTCKRW, LTCMXN, LTCN Grayscale, LTCPAX, LTCTUSD, LTCUSD, LTCUSDC, LTCUSDT, LTCUSDTPERP, LTCUST, News Eddy 0

While the crypto community is watching every Bitcoin (BTC) move with a hawks-eye, Litecoin (LTC) – the world’s seventh-largest cryptocurrency makes a smart move. At press time, Litecoin (LTC) is 7.77% up trading at $67.39 with a market cap of $4.4 billion. The LTC price surge comes at a time when the overall crypto market […]

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Grayscale’s Ethereum Trust hits $1 billion in assets under management

November 6, 2020 ETH, Ethereum, Grayscale, grayscale ethereum trust Eddy 0

Crypto asset manager Grayscale’s Ethereum Trust has crossed the $1 billion mark in assets under management (AUM). The milestone means Grayscale is now managing a billion-dollar worth of ether (ETH) on behalf of its clients. Grayscale’s Ethereum Trust allows investors to take indirect exposure to ETH in the form of a security, while avoiding the […]

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The popular arbitrage opportunity involving Grayscale’s Ethereum Trust is drying up

October 16, 2020 Capital Markets, ETH, Grayscale, grayscale ethereum trust, Investments Eddy 0

A long-popular arbitrage opportunity in the crypto market has evaporated since the beginning of the summer, according to data compiled by The Block Research.  The weekly premium at which Grayscale’s Ethereum Trust (ETHE) trades relative to the net-asset-value (NAV) of the product has shrunk from nearly 850% in mid-June to 36% at the beginning of […]

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