The Grayscale Bitcoin Trust is an investment vehicle that is designed to enable investors to trade Bitcoin shares without actually owning the underlying cryptocurrency. Grayscale Bitcoin Trust (GBTC) background The Grayscale Bitcoin Trust was first established in 2013 by Barry Silbert, who also is the founder and CEO of Digital Currency Group (DCG), a bitcoin … Continue reading What is Grayscale Bitcoin Trust (GBTC)?
Bitcoin’s price has retraced slightly over the weekend, but has also managed to secure some gains as the cryptocurrency is currently trading at $18,544 at press time. Bitcoin’s price has risen by over 4 percent in the past 24 hours. Bitcoin’s network mining difficulty has risen by 8.9 percent today. According to on-chain crypto analytics … Continue reading Bitcoin Network Mining Difficulty Nears ATH as Institutional Investors Dismiss BTC Price Volatility
Michael Sonnenshein, Managing Director of Grayscale Investment LLC has noted that Ethereum is becoming the preferred investment choice of a large number of the institutional Bitcoin firm’s client-base. While many people have difficulties finding the best cryptocurrencies to invest in, Michael Sonnenshein, the managing director at Grayscale Investment LLC, has a new revelation that could … Continue reading BTC Institutional Investor Base Now Targeting Ethereum (ETH), says Grayscale Managing Director
While Ripple CEO Brad Garlinghouse has remained defiant in the face of the SEC’s lawsuit, the XRP token continues to lose value with multiple exchange de-listings and today a halt to trading on major US exchange Coinbase. Can the XRP price ever recover? XRP holders were in a state of jubilation as the token’s price … Continue reading Can XRP Token Price Ever Recover from SEC Lawsuit Against Ripple?
Sequoia Holding LLC software development and engineering company has announced that its employees can now receive a portion of their salary in cryptocurrencies. The firm said that it is starting a new program that would allow employees to choose to defer a part of their salary into Bitcoin, Ethereum, or Bitcoin Cash. Richard Stroupe, Jr, … Continue reading Sequoia Software Firm to Pay Employees in Bitcoin
Renowned gold bull and Bitcoin critic Peter Schiff has taken a dig at Sequoia Holding LLC, a software development and engineering company who recently announced that it will start paying its employees in Bitcoin (BTC). Peter Schiff has criticized the scheme, calling it is an attempt to “Sucker in buyers” amid the ongoing dip experienced … Continue reading Peter Schiff Criticizes Sequoia Capital's Employee BTC Plans, Says It's An Attempt to "Sucker in Buyers"
Grayscale Investments LLC, the world’s largest digital currency asset manager, has announced that it is considering several new digital assets for potential new products. In this way, the New York-based company continues seeking ways to better meet the rising investor demand for exposure to digital assets through regulated, secure, and familiar investment products. The company … Continue reading Grayscale Plans to Offer More Digital Asset Products to Meet Rising Investor Demand
Normal 0 false false false EN-US X-NONE X-NONE In his interview with Yahoo Finance, George Ball, the CEO and chairman of Sanders Morris Harris, a private and wealth management firm, considers cryptocurrencies as a good addition to almost any kind of investment portfolio. Ball is a Wall Street veteran who is currently the CEO of … Continue reading Wall Street Veteran Urges Investors to Add Cryptocurrencies to Their Investment Portfolios
Normal 0 false false false EN-US X-NONE X-NONE Global crypto mining firm Argo Blockchain announced its plans to establish a crypto mining facility in West Texas. The crypto mining company listed on the London Stock Exchange revealed that it has acquired a 320-acre plot of land in west Texas, which gives the company access to … Continue reading UK’s Argo Blockchain Buys 320 Acres in Texas to Build Bitcoin Mining Facility
Normal 0 false false false EN-US X-NONE X-NONE Grayscale Investments LLC. crypto asset management company has announced the launch of five new cryptocurrency investment trusts. The new trusts include Grayscale Livepeer Trust, Grayscale Filecoin Trust, Grayscale Decentraland Trust, Grayscale Chainlink Trust, and Grayscale Basic Attention Token Trust. The firm is offering new trusts to invest … Continue reading Grayscale Adds Five New Crypto Investment Trusts including One for Chainlink and Filecoin