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Grayscale Investments

cryptocurrency February 12, 2021

Advertisements In brief: Grayscale has added $93 Million worth of Ethereum to its ETH trust in 24 hours This translates to 52,730 ETH purchased in one day This is the highest daily inflow since the year began and since Grayscale opened subscriptions to its Ethereum trust Ethereum is struggling to turn $1,800 into support and […]

cryptocurrency December 12, 2020

Advertisements In summary: Grayscale Investments has accumulated 388,714 ETH in 30 days This is the equivalent of $215.7 Million using an Ethereum value of $555 Grayscale’s Ethereum trust now has $1.61 Billion in Ethereum holdings ETH2.0 staking might be one reason for the accumulation Staking might be a good way to utilize all that Ethereum […]

cryptocurrency October 16, 2020

Advertisements Quick take: Grayscale currently manages a total of $6.3 Billion in digital assets Its Ethereum trust is worth $869.7 Million This figure is approximately 2% of Ethereum’s market cap indicating Grayscale holds a similar percentage of ETH’s circulating supply The team at Weiss Ratings predicts an 18% spike in Ethereum’s value once ETH2.0 is […]

cryptocurrency July 27, 2020

Ethereum futures and options volume has been picking up in the month of July, particularly over the past week. The spike suggests that the market is gaining confidence, just as Bitcoin crossed the $10,000 mark for the first time since June. Advertisements Market data platform Skew has shown that ETH volume has exceeded a three-month […]

cryptocurrency May 25, 2020

Advertisements Bitcoin started the week on a much weaker note after the bulls failed to keep the BTC-USD pair afloat over the key support line at $9,100. As of writing, the benchmark cryptocurrency is down more than 5% since the intraday high of $9,300+ on Saturday and is trading at just over $8,850. As BeInCrypto […]

cryptocurrency April 28, 2020

Advertisements Bitcoin is struggling to overcome stubborn resistance around $7,800 despite two consecutive attempts on Monday. The possibility of a retreat to $7,600 seems likely. Some analysts believe the dip could take BTC to $7,400 before embarking on a new rally towards the psychological barrier at $8,000. Meanwhile, with the Federal Reserve printing money at […]