Grayscale Bitcoin Trust in Trouble Thanks to FTX
Grayscale Bitcoin Trust is trading at a huge discount and the outflows are consistent. But before we get into the details, let’s talk about Charles Ponzi, a man who infamously carries the torch for all scams with his last name. Funny enough, the original Ponzi scheme cost investors $20 million in early 20’s and ran […]
Cardano (ADA) on Top of Grayscale Holdings
The crypto asset management giant has been actively accumulating some top altcoins for a while. As the latest update to their holdings, Cardano (ADA) stands on top of the smart contract platforms with a massive share. While the firm has been selling crypto assets at huge discounts, the latest update to the holdings can signal […]
Investors See Crypto Crash as Opportunity: Grayscale
The recent sell-off starting in May initially turned into a massive crypto crash. Bitcoin is currently 50% down from its all-time high while altcoins are pretty much the same. So far, the market has shown little attempt for a recovery and remains overall bearish. However, Michael Sonnenshein, the CEO of investing giant Grayscale states that […]
Grayscale Now Holds $43B in Crypto Assets
The world’s largest digital asset manager Grayscale has revealed the current status of their crypto assets under management. First and foremost, the total crypto assets are noticeable down from the latest report on November. What is interesting however, is that they also offered a look into what they are holding. Even though A majority of […]
Grayscale Adds Solana and Uniswap to Assets
Grayscale Investments, a giant in digital assets has decided to add Solana and Uniswap to its large cap funds. As stated in a press release, as part of a quarterly rebalancing of funds, the company sold digital assets in order to accumulate SOL and UNI. The crypto asset manager is the largest ranked company in […]