Category: Grayscale Investments

DC think tank Coin Center receives $1 million donation from Grayscale

DC think tank Coin Center receives $1 million donation from Grayscale

Coin Center, the Washington, D.C.-based think tank, has received a $1 million donation from Grayscale Investments. Grayscale said Monday that on top of the direct donation, it would match up to $1 million in additional donations to the crypto policy-focused firm. “We’re grateful and humbled by this generous commitment from Grayscale and the ongoing commitment […]

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Grayscale Investments Terminates XRP Trust Citing Impact of SEC Lawsuit Against Ripple

Grayscale Investments Terminates XRP Trust Citing Impact of SEC Lawsuit Against Ripple

Grayscale Investments is shutting down its Grayscale XRP Trust and liquidating its XRP holdings in order to distribute cash proceeds to the trust’s shareholders. The firm cited difficulty in converting XRP into U.S. dollars following the lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against Ripple. Grayscale Axes XRP Trust Grayscale Investments announced […]

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Last Week 3 Bitcoin Funds Added 24,337 Bitcoins as BTC Price Approaches $19,000

Bitcoin funds continue to add more Bitcoins in huge numbers as the BTC price approaches $19,000 on Friday, November 20. Over the last week, three of the top four Bitcoin funds have accumulated nearly 25,000 Bitcoins. 3 Bitcoin funds bought up 24,337 BTC this week. There are only 21 million, and they’re going fast. pic.twitter.com/jsP0sU4CF1 […]

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

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 sees more than $1 billion in new investments in Q3

Grayscale sees more than $1 billion in new investments in Q3

Grayscale Investments, the world’s largest digital currency asset manager, says it raised $1.05 billion for investment products during the third quarter of 2020 — the largest inflow of funds from investors a single quarter in Grayscale’s history. On Wednesday the firm released a comprehensive report detailing its latest investment activity. According to the report, the […]

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Visual Interpretation of Bitcoin’s Supply Shows the Digital Asset’s Unique Scarcity

Visual Interpretation of Bitcoin’s Supply Shows the Digital Asset’s Unique Scarcity

The Bitcoin network has recently crossed over the 18.5 million mark, as far as the number of bitcoins currently minted into circulation. However, even though over 18 million coins have been minted to-date there’s a number of different elements that affect the distribution of all the coins in existence. Elements that affect bitcoin distribution include […]

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