Tag Archives: Grayscale

World’s First Cryptocurrency-Related IPO Capped at $900 Million

The world’s very first cryptocurrency related initial public offering (IPO) has been announced by investment company headquartered in the Cayman Islands. The initiative attempts to widen the exposure of investors to different cryptocurrencies, ICOs, and digital assets in general. $900 Million Cryptocurrency Related IPO Epoch Partners Limited, an investment company with headquarters in the Cayman Islands, has reportedly… Read More »

Pantera’s Digital Asset Fund Sees 72% Decrease YTD

Pantera Capital’s Digital Asset Fund underperforms Bitcoin year-to-date, marking serious declines downwards of 70 percent. The fund’s compound annual growth rate (CAGR) is also negative 50 percent.A A Rocky 2018 The entire cryptocurrency market saw around $600 billion being wiped off its sheet in 2018. Bitcoin (BTC) [coin_schedule], the world’s largest cryptocurrency, marked a decrease of around 70… Read More »

US Bitcoin Investment Trust Drops to Lowest Levels in a Year

The only U.S. Bitcoin investment trust, GBTC, has dropped to its lowest levels of the year — down 10% last week alone. Bitcoin’s current price certainly has an effect, but these levels are more-so a response to a combination of other factors: high fees associated with the fund, investor attraction from GBTC competitors, and regulatory uncertainty surrounding upcoming… Read More »

Ethereum Spikes 16% Overnight to $220 as Crypto Market Recovers to $204 Billion

Advertisement ETH, the native cryptocurrency of Ethereum, has surged by more than 16 percent overnight, rebounding $224. Within 48 hours, the price of ETH surged from $168 to $224, by more than 33 percent. While ETH has retraced slightly to $215, the second most valuable cryptocurrency in the market has found a breathing room that may enable it… Read More »

Horizen (ZEN) Sees 15% Gain As Grayscale Invests $6.3 Million

Grayscale Unveils Horizen-Focused Fund With $6.3 Million Investment Grayscale Investments, one of the foremost investment-focused firms in the cryptosphere, has just divulged that it will be creating a new fund that will solely be focused on the Horizen (ZEN) crypto asset, a lesser known altcoin that found its legs in late 2017. Grayscale Makes $6.3 Million Bet on Cryptocurrency… Read More »

Grayscale Makes Multi-Million Dollar Bet on Cryptocurrency ZEN

Grayscale Investments is making a $6.3 million investment in the cryptocurrency ZEN. The investment will be through a new fund whose entire focus is on Horizen, a small and relatively unknown platform that hosts a cryptocurrency, called ZEN. Grayscale Investments is best known in the cryptocurrency community for their Bitcoin Investment Trust (GBTC), which enables retail investors to… Read More »

Grayscale Launches Investment Trust for Zen Cryptocurrency

Cryptocurrency asset manager Grayscale Investments has officially launched the ZEN Investment Trust for accredited investors, the company announced Thursday. Centered around the privacy token zen, formerly known as zencash, the investment trust is a single-asset vehicle, meaning it only contains the one cryptocurrency. It is the latest single-asset investment trust launched by Grayscale, joining bitcoin, bitcoin cash, ethereum,… Read More »

Ethereum Classic, Grayscale’s Second Highest Portfolio Holding with Net Assets of USD 70.5mn

Grayscale Investment, released it crypto assets undermanagement statement and it had an element of surprise. The second highest net asset under management in the portfolio was Ethereum Classic which stood at USD 70.5 mn only second to Bitcoin. Will all eyes are on ETC’s Coinbase listing, this news seems to be a bigger positive for the coin. Grayscale’s… Read More »

Crypto Week In Review: Sentiment Starts To Shift As Bitcoin Moves Up 15%

Sentiment regarding the cryptocurrency market took a large shift this past week, as Bitcoin rallied 15% due to a series of positive technical and fundamental indicators. IBM To Use Stellar-Based Stablecoin For Faster Financial Payments IBM, one of the largest technology firms in the world, has just announced that it will be exploring the utilization of a Stellar-based… Read More »

Grayscale Investments’ $250M Record Shows Appetite For Bitcoin Is Growing

Barry Silbert’s Grayscale Investments has released an income report which defies the theory that lower Bitcoin prices mean less cash flowing into cryptocurrency.  Who Cares About Bitcoin Prices? In its Digital Asset Investment Report, Grayscale revealed the highest rate of investment in its history — $250 million since January. The rate of investment, especially in Bitcoin, actively increased… Read More »