Tag Archives: Grayscale Investments

Grayscale Assures Investors: Ethereum Classic Trust Funds Not at ‘Direct Risk’

In the wake of a 51 percent attack on ethereum classic (ETC), the manager of an investment vehicle that holds the cryptocurrency has been fielding inquiries from investors looking to understand if the underlying assets in the fund are safe, CoinDesk has learned. On Monday, the day after the reorganization of transactions on the ethereum classic blockchain came… 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 »

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 PaymentsIBM, one of the largest technology firms in the world, has just announced that it will be exploring the utilization of a Stellar-based token for… Read More »

Coinbase Scores Major Whale for Institutional Brokerage Service: Report

Advertisement Industry giant Coinbase has scored a major win for its recently-launched institutional brokerage service, as a major hedge fund has begun using its platform to dip its toe into the fledgling cryptocurrency market. Citing unnamed sources familiar with the matter, Business Insider reports that the $20 billion hedge fund — whose name was not disclosed by the… Read More »