I know everything I am looking for is here, watch movies, watch series, education, games, exams, news, current events and many more.
“# First Midwest Bank Trust Division increases Grayscale Bitcoin Trust holdings by 283% ” Illinois-based financial services company First Midwest Bank’s trust division has reported it held 29,498 shares of Grayscale’s Bitcoin Trust as of the second quarter of 2021. According to an institutional investment manager holdings report filed by the First Midwest Bank Trust…
“# Bitcoin price will likely shrug off $530M GBTC unlock in July — Analysis ” Bitcoin (BTC) will not move much after Grayscale’s giant 16,000-BTC unlocking date, after all, said crypto trading firm QCP Capital. In its latest market update released on Wednesday, analysts downplayed the popular theory that the Grayscale Bitcoin Trust (GBTC) will cause…
“# Turning bullish? Institutions are net buyers of crypto for the first time in 5 weeks ” Following their longest streak of selling since February 2018, institutional managers became net buyers of digital asset funds last week, offering cautious optimism that the worst of the market selloff has passed. Inflows into digital asset funds devoted to…
“# Is Bitcoin in danger of losing $30K with Grayscale’s big GBTC unlocking in two weeks? ” Whether a potential sell-off of shares tied to a multi-billion dollar Bitcoin (BTC) investment fund could crash the cryptocurrency’s spot prices has turned into a hotly debated topic among the analysts in the space. Grayscale’s premium remains negative…
“# Institutions turn bearish on ETH as record $50M exits Ether investment products ” Ethereum investment products have experienced a record outflow of $50 million this past week, signaling bearish sentiment among institutional investors. According to the CoinShares’ “Digital Asset Fund Flows Weekly” report, Ether products have now experienced outflows for three consecutive weeks, with…
“# Morgan Stanley equity fund owns 28.2K shares of Grayscale Bitcoin Trust, per SEC ” Wall Street investment bank Morgan Stanley has gained exposure to Bitcoin (BTC) through Grayscale, offering further evidence of wider institutional acceptance of digital assets. The Morgan Stanley Europe Opportunity Fund, which invests in established and emerging companies throughout Europe, owned…
“# Institutional selling of crypto reaches longest streak since Feb 2018 ” Institutional managers continued to take profits on their cryptocurrency holdings, with funds dedicated to Bitcoin (BTC) registering their sixth consecutive weekly outflows, according to CoinShares. Outflows from digital asset investment products totaled $79 million last week, marking the third consecutive weekly decline and…
“# Bitcoin price dips below $34K as day of Grayscale’s giant BTC unlocking draws near ” Bitcoin (BTC) dropped to local lows of $33,750 on June 20 as fears over weak support levels proved to be well founded. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Data from Cointelegraph Markets Pro and TradingView showed BTC/USD swiftly dropping below…
“# DeFi focused: Grayscale exploring 13 more crypto assets for its trusts ” Institutional asset manager Grayscale has announced 13 more crypto assets are currently under consideration for its suite of crypto investment trust products. Revealed on June 18, the prospective assets mainly represent the decentralized finance (DeFi) sector, including 1inch, Bancor, Curve, Kava, Kyber…
“# Bitcoin sell pressure may hit zero in July thanks to Grayscale’s giant 16K BTC unlocking ” Institutional Bitcoin (BTC) investors are in the spotlight as an upcoming major cashout date sparks talk of fresh price volatility. As noted by popular Twitter commentator Loomdart and others this week, attention is focusing on buyers and sellers…