Grayscale

  • Grayscale: Even if the Federal Reserve raises interest rates, cryptocurrency prices may still rise

    According to reports, Grayscale stated on Monday that if the Federal Reserve raises interest rates on Wednesday, as long as the decision meets market expectations, cryptocurrency p

    05/02/2023
    341
  • Grayscale Bitcoin Trust: Conversion into Exchange Traded Funds

    According to reports, Michael Sonnenshein, CEO of Grayscale Asset Management, stated at the 2023 consensus meeting at CoinDesk that Grayscale expects to learn by the end of the thi

    04/27/2023
    183
  • The Increasing Involvement of Politicians in the Field of Encryption

    On April 27th, during his participation in the Consensius 2023 conference, grayscale CEO Sonnenshein stated that he believes politicians and their family offices are currently at a

    04/27/2023
    115
  • Understanding Stable Currencies: A Look At Bank of Communications, Luno, and Grayscale

    12: 00-21:00 Keywords: Bank of Communications, Stable Currency, Luno, Grayscale
    Important updates on the evening of April 17th
    Stable currencies have become increasingly popular in

    04/17/2023
    134
  • The Rise of Grayscale and ARK Fund Investments in Beacon Chain Amidst Federal Reserve Policies

    21:00-7:00 Keywords: Grayscale, ARK Fund, Beacon Chain, Federal Reserve
    Overnight updates on April 10th at a glance
    IntroductionIn the current financial landscape, with the Federal

    04/10/2023
    119
  • The negative premium rate of grayscale Bitcoin Trust narrowed to 36.83%

    According to reports, according to Coinglas data, the current total grayscale holdings amount to $22.884 billion, and the trust premium rate for mainstream currencies is as follows: BTC, – 36.83%; ETH,–52.63%; ETC,-62%; LTC,-43.55%; BCH,-25.86%。 Interpretation of this information: The message reports on the current total grayscale holdings, which according to Coinglas data, amount to $22.884 billion. Grayscale is a digital currency investment firm that allows institutional and individual investors to invest in various cryptocurrencies through trusts. The trust premium rate for mainstream currencies is also provided in the message, which…

    03/24/2023
    132
  • The negative premium rate of gray bitcoin trust rose to 38.19%

    According to the report, the data of Coinglas shows that the current total position of gray scale is 18.799 billion US dollars, and the trust premium rate of mainstream currency is as follows: BTC, – 38.19%; ETH,-49.24%; ETC,-64.07%; LTC,-47.54%; BCH,-27.84%。 Interpretation of this information: The message is about the current total position of Grayscale, a digital asset investment firm, and the trust premium rates of mainstream currencies. According to the report, the total position of Grayscale is at 18.799 billion US dollars, which reflects the increasing adoption of cryptocurrencies as…

    03/13/2023
    123
  • Grayscale CEO: It is expected that the company’s lawsuit against SEC will be adjudicated in the third quarter

    On March 9, according to Bloomberg News, Michael Sonneshein, CEO of Grayscale, said that he expected his company to make a ruling on the lawsuit of the United States Securities and Exchange Commission (SEC) against the Bitcoin spot ETF in the third quarter of this year. Interpretation of this information: The CEO of Grayscale, Michael Sonneshein, recently declared that his company expects to announce a decision on the ongoing lawsuit against the Bitcoin spot ETF filed by the SEC in the third quarter of 2021. This news comes as a…

    03/09/2023
    210
  • The negative premium rate of gray bitcoin trust rose to 44.55%

    According to the report, the data of coinglass shows that the current total position of gray scale is 18.799 billion US dollars, and the trust premium rate of mainstream currency is as follows: BTC, – 44.55%; ETH,-53.78%; ETC,-68%; LTC,-46.84%; BCH,-23.64%。 Interpretation of this information: The message is about the current total position of grayscale, a digital currency investment firm, which stands at a whopping $18.799 billion. The report highlights the trust premium rate of several mainstream currencies, including Bitcoin (BTC), Ethereum (ETH), Ethereum Classic (ETC), Litecoin (LTC), and Bitcoin Cash…

    03/09/2023
    140
  • Overview of important developments overnight on March 8

    21:00-7:00 Key words: Grayscale, Silvergate, acquisition of Voyager Digital, MtGox Interpretation of this information: The message seems to be discussing an acquisition in the cryptocurrency industry during a specific time frame. The time frame mentioned is from 21:00 to 7:00, which is most likely referring to a specific day during those hours. There are three keywords mentioned in the message: Grayscale, Silvergate, and MtGox. One interpretation of this message is that Grayscale and Silvergate may have been involved in the acquisition of Voyager Digital, a cryptocurrency trading platform. Grayscale is…

    03/08/2023
    238
  • Bloomberg Senior Litigation Analyst Increases Grayscale’s odds of winning from 40% to 70%

    It is reported that Eric Balchunas, a senior ETF analyst at Bloomberg, disclosed on social media that our senior litigation analyst raised the winning probability of Grayscale from 40% to 70% after listening to the debate between Grayscale and SEC this morning. Interpretation of this information: The message reported that Eric Balchunas, a senior ETF analyst at Bloomberg, shared the news on social media that our senior litigation analyst had raised the winning probability of Grayscale from 40% to 70% after listening to a debate between Grayscale and SEC. This…

    03/08/2023
    179
  • Bloomberg ETF analyst: Even if Grayscale wins the support of the judge to revoke the SEC’s refusal order, the SEC may refuse again for different reasons

    It is reported that James Seyfart, an analyst at Bloomberg ETF, disclosed on social media the debate between Grayscale and the SEC, even though the judge gave Grayscale a victory and revoked the rejection of the CSRC (which now seems to be obviously reasonable), There is still a big “if” about how to deal with the judge. In theory, the SEC may refuse again for different reasons. According to what I heard, I would not be surprised if grayscale won all three judges. Perhaps my view will change with my…

    03/08/2023
    215
  • The negative premium rate of gray bitcoin trust narrowed to 44.55%

    According to the report, the data shows that the current total position of grayscale is 19.129 billion US dollars, and the trust premium rate of mainstream currencies is as follows: BTC, – 44.55%; ETH,-53.78%; ETC,-68%; LTC,-46.84%; BCH,-23.64%。 Interpretation of this information: The message is referring to the position of grayscale, a digital currency investment platform. The report states that the current total position of grayscale is 19.129 billion US dollars. This implies that investors have shown great interest in the platform and believe in the potential of digital currencies. However,…

    03/08/2023
    136
  • GBTC premium rate narrowed to 42%, a new low since February 7

    It is reported that the premium rate of Grayscale Bitcoin Trust Fund (GBTC) to Net Asset Value (NAV) has narrowed to 42% before the federal court held an oral debate on Grayscale’s lawsuit against the Securities and Exchange Commission (SEC) on Tuesday. The minimum premium rate since February 7. Interpretation of this information: In recent news, it has been reported that the premium rate of the Grayscale Bitcoin Trust Fund (GBTC) has narrowed to 42% before the federal court’s oral debate on Grayscale’s lawsuit against the Securities and Exchange Commission…

    03/07/2023
    252
  • FTX creditor: FTX may be recovered with a loan of US $2.5 billion. It is suggested to sue Genesis before Grayscale

    On March 7, the FTX creditor tweeted that FTX might be recovered $2.5 billion of Genesis loans, which were repaid fraudulently from stolen customer funds. “In my opinion, it is wiser to sue Genesis first, and then sue Grayscale after success (or failure), so that small actions ($290 million) will not endanger big actions ($2.5 billion)”. Interpretation of this information: The FTX creditor’s tweet on March 7th suggests that there is a possibility of recovering $2.5 billion of Genesis loans that were fraudulently repaid using customer funds. The lender is…

    03/07/2023
    142
  • Grayscale legal team: SEC’s handling method of ETF is “inconsistent”

    It is reported that the legal team of Grayscale said that the way the United States Securities and Exchange Commission (SEC) handled its application for Bitcoin Exchange Trading Fund (ETF) was “inconsistent” with its earlier decision on futures ETF. Donald B. Verrilli, the representative lawyer, said: “This is only a typical case. Treat similar cases and treat them differently.” Interpretation of this information: In recent news reports, the legal team representing Grayscale has criticized the SEC’s approach in handling the company’s Bitcoin Exchange Trading Fund (ETF) application. According to the…

    03/01/2023
    170
  • The current total position of grayscale trust is 19.992 billion US dollars

    It is reported that the on-chain data shows that the current total position of grayscale is 19.992 billion US dollars, and the trust premium rate of mainstream currencies is as follows: BTC, – 45.51%; ETH,-53.53%; ETC,-62.24%; LTC,-48.68%; BCH,-29.91%。 Interpretation of this information: The on-chain data shows that Grayscale, one of the largest digital currency asset managers, has a current total position of nearly 20 billion US dollars. This represents a significant amount of investment in the cryptocurrency market and demonstrates a high level of confidence in the future of these…

    03/01/2023
    270
  • The negative premium rate of gray bitcoin trust is 46.54%

    It is reported that the on-chain data shows that the current total position of grayscale is up to 20.693 billion US dollars, and the trust premium rate of mainstream currencies is as follows: BTC, – 46.54%; ETH,-52.98%; ETC,-64.31%; LTC,-52.18%; BCH,-33.33%。 Interpretation of this information: The message reports on the current position of Grayscale on the blockchain data, and the trust premium rates of several mainstream currencies. Grayscale is a cryptocurrency investment trust that allows investors to gain exposure to digital assets without owning them directly. It manages a range of…

    02/24/2023
    151
  • The negative premium rate of gray bitcoin trust is 46.82%

    It is reported that the on-chain data shows that the current total position of gray scale is up to 20.51 billion US dollars, and the trust premium rate of mainstream currencies is as follows: BTC, – 46.82%; ETH,-54.08%; ETC,-65.99%; LTC,-55.99%; BCH,-35.04%。 Interpretation of this information: The message reports on the latest developments in the cryptocurrency market, specifically focusing on the position of Grayscale and the premium rates of mainstream currencies. Grayscale is a cryptocurrency investment firm that allows investors to gain exposure to digital assets without having to worry about…

    02/17/2023
    134
  • The negative premium rate of gray bitcoin trust narrowed to 44.66%

    It is reported that the on-chain data shows that the current total position of grayscale is up to $21158 million, and the trust premium rate of mainstream currencies is as follows: BTC, – 44.66%; ETH,-51.63%; ETC,-66.86%; LTC,-57.49%; BCH,-40.68%。 Interpretation of this information: According to recent on-chain data, grayscale’s total position is at an impressive $21158 million. However, the trust premium rate of mainstream currencies tells a different story, with BTC having a negative rate of – 44.66%, while ETH is at -51.63%, ETC is at – 66.86%, LTC is at…

    02/16/2023
    128