Is Bitcoin a safe-haven asset? Are institutions selling or increasing their holdings of Bitcoin? Is it a good time to buy Bitcoin? Although everyone has an answer in their minds, it seems difficult to form a consensus. After the Federal Reserve recently offered an unlimited amount of water, the market's demand for hedging has been […]
In the past 24 hours, the cryptocurrency market has encountered an unprecedented disaster. According to data provided by qkl123.com, the entire market value evaporated in a day is close to 100 billion US dollars. Because of this plunge, a large number of investors suffered heavy losses, and some investment institutions were not spared. According to […]
Source / LongHash In 2020, the price of bitcoin will rise from $ 6855 to $ 10,550, a 57% increase. A well-known "big player" on Bitfinex-individual investors holding large amounts of bitcoin-criticized the rise, calling it the result of other big players in the market trying to manipulate the price of coins. It seemed to […]
As a global gathering place for old money and hot money, any change in Wall Street's attitude towards cryptocurrencies will have a huge impact on the market. At present, such a wave of transformation is being led by Grayscale Investment (hereinafter referred to as grayscale). With more than 280,000 bitcoin management volume, Grayscale has become […]
Bitcoin experienced epic growth in 2017, with its price rising from under $ 1,000 to nearly $ 20,000 in 12 months, largely due to inflows of institutional funds, although some disagree . Subsequently, Bitcoin experienced a long bear market, at the same time, the world's largest banks and currency management companies seem to remain on […]
In the cryptocurrency market, there is a special group of people who have a large amount of cryptographic assets in their hands. It seems that every time the market fluctuates greatly, they are related to them. In the industry, they are collectively referred to as "cowices." In general, “whales” are considered to have more than […]
According to foreign media recently, Michael Sonnenshein of the Grayscale cryptocurrency investment fund argues that the Form 10 application submitted by the asset management company to US regulators will be a “milestone” for the encryption industry if approved. Image source: Sonnenshein, managing director of Grayscale Investments, the world's largest digital asset management company, made the […]
Grayscale, the digital currency asset management company, announced yesterday that its "digital market capitalization fund" (DLC) share has been approved by the US Financial Supervisory Authority (FINRA) for public offering in the OTC market under the symbol GDLCF. This marks the introduction of the first publicly quoted securities whose value comes from a variety of […]
The US Financial Industry Regulatory Authority (FINRA) has formally authorized the country's first cryptocurrency-based securities. Image source: Digital Market Fund (DLC) approved by FINRA According to a press release confirmed on October 14, the shares of the Grayscale Digital Market Fund (DLC) were approved by the Financial Industry Regulatory Authority (FINRA) this week. Since the […]
Asset assets managed by Grayscale Investments, a digital asset management fund, reached a record high of $2.7 billion. According to Grayscale's "Second Quarter Digital Asset Investment Report for 2019" released on July 16, the company managed more than $2.7 billion in cryptocurrency assets as of July 15, 2019. Therefore, this figure marks the fact that […]
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April 16, 2020