Ethereum Watch

Share this article Asset management giant Grayscale is doubling down on DeFi.  Advertisements Grayscale Unveils DeFi Fund  Grayscale Investments is launching a new diversified fund focusing on DeFi.  The firm’s CEO Michael Sonnenshein announced the update on CNBC’s Squawk Box Monday. He explained that the growing demand for DeFi assets had inspired Grayscale’s decision to […]

Advertisements Digital Currency Group will purchase shares of the Grayscale Ethereum Classic trust worth $50 million Digital Currency Group is the parent company of Grayscale Investments The purchase will not be immediate and will depend on numerous factors Ethereum Classic’s value has been hit hard by the ongoing crypto market pullback led by Bitcoin dropping […]

Advertisements Ethereum Classic (ETC) has set an all-time high of $109.855 – Binance rate Ethereum Classic is trading at $121 on Coinbase Pro This translates to a 13% premium value of Ethereum Classic Such a high ETC value on Coinbase Pro shows that its ongoing rally is driven by retail traders Ethereum Classic’s website is […]

Share this article New filing documents indicate that the digital asset firm Grayscale is considering the launch of three trusts for DeFi projects. Advertisements Grayscale Entering DeFi? Grayscale, the world’s largest digital asset manager, registered trusts on Jan. 27, 2020, for Aave, Cosmos, and Polkadot in Delaware, along with Monero and Cardano. 🚨 Looks like […]

Advertisements Quick take: The Grayscale Ethereum Trust (ETHE) has had a fruitful Q4 by gaining 274% October 1st found ETHE trading at $39 The share price is now at $146 with a possible correction in the days to follow Grayscale continues to accumulate Ethereum with approximately $1.73 billion under management The share price of Grayscale’s […]

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 […]

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 […]

Estimated data shows cryptocurrency asset management firm Grayscale purchased close to half of all mined Ethereum in 2020. What’s more, with Ethereum 2.0 drawing closer, many have speculated that institutional investors are looking to reap the benefits of ETH staking.Institutional Interest in Ethereum Taking OffGrayscale is currently the world’s largest cryptocurrency asset manager, with $2.2 […]

Another week, another round of Crypto Tidbits. After falling as low as $6,500 this week, Bitcoin mounted a strong comeback over the past two days, rallying as high as $7,200 as bulls have taken over. Other cryptocurrencies have registered even more impressive gains.This renewed strength comes as the stock market has continued to rally higher and […]