New York-based cryptocurrency asset managers Grayscale bought over 174,000 Litecoin over the past month. This is the equivalent of 80% of all mined LTC in February. As of today, the Grayscale Litecoin Trust holds $244.5mn of …
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Grayscale Looks At Altcoins Amid Rising Competition For Bitcoin Investments
As Bitcoin (BTC) exchange-traded funds (ETFs) are gaining traction in Canada, new competitors for Grayscale emerge, the company is increasingly eyeing altcoins. The major crypto asset management firm owned by Digital Currency Group (DCG) has confirmed …
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Baby Boomers and Gen X Invest in Bitcoin
Baby boomers and Gen X are piling into Bitcoin, and other cryptocurrencies, affirm the CEO of one of the world’s largest independent financial advisory and fintech organizations. The observation from Nigel Green, the …
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Microsoft has no plans to make Tesla-like move into Bitcoin
Microsoft, the second-largest company in the United States, does not apparently have any short-term plans to put Bitcoin (BTC) on its balance sheet, according to the firm’s president Brad Smith. …
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