The company recognized that some investors will be disappointed. During the recent Binance-FTX transaction debate, it was CZ who first mentioned it. Following the demise of crypto behemoth FTX, CZ has...
Tag: Grayscale
Grayscale Says No To Proof of Reserves
The cryptocurrency industry was built on top of one slogan: “don’t trust, verify.” But Grayscale is different from the rest of the cryptocurrency-related businesses. In a recent Twitter thread ponderi...
Grayscale Says No To Proof Of Reserves For Security Concerns
After the collapse of crypto giant FTX, crypto exchanges are rushing to audit their reserves under the influence of CZ, CEO of Binance, who first floated the idea of Proof-Of-Reserves. However, there...
Grayscale won’t share proof of reserves, citing ‘security concerns’
Crypto investment firm Grayscale won’t show proof of reserves after bitcoin and ether products fall to new all-time lows. “Due to security concerns, we do not make such on-chain wallet inf...
Grayscale cites security concerns for withholding on-chain proof of reserves
Cryptocurrency investment product provider Grayscale Investments has refused to provide on-chain proof of reserves or wallet addresses to show the underlying assets of its digital currency products ci...
Bitcoin (BTC) Price May Not Rise Above $20,000 as Grayscale May Liquidate their Holdings Soon
The Bitcoin price continues to trade within the same range, with reduced volatility from the past couple of days. Ever since the price dropped below $20,000, the markets have dropped into a deep beari...
Grayscale withholds on-chain reserve evidence for security reasons
Grayscale Investments, a company that sells cryptocurrency investment products, has declined to provide on-chain proof of reserves or wallet addresses in order to demonstrate the digital currency prod...
Top Economist Says Bitcoin In Real Trouble Over Grayscale Concerns
– Advertisement – Peter Schiff has continued to push the Bitcoin selling narrative. Peter Schiff, the Chief Economist at Euro Pacific Capital, has been actively fostering Bitcoin (BTC), s...
Bitcoin To Crash To $10K If Grayscale Increases Selling Pressure?
The crypto market has seen extreme selling pressure over the past week, with Bitcoin recording a fresh yearly low below its current levels. The number one crypto by market cap is entangled in the coll...
‘Grayscale Discount’ Widens to Record 43% as FTX Contagion Spreads
Shares of the Grayscale Bitcoin Trust (GBTC), the world’s largest publicly traded crypto fund, are trading at a new record discount of 43% relative to the price of the underlying bitcoin (BTC). Crypto...
Eyes turn to Grayscale Bitcoin Trust after FTX collapse; Cardano to launch fiat-backed stablecoin in 2023
The biggest news in the cryptoverse for Nov. 18 includes fears of Grayscale Bitcoin Trust being in trouble, Bahamas’ order for FTX to transfer its digital assets, and SafePal’s 125% spike as a result ...
Coinbase, Silvergate and crypto stocks tick lower, Grayscale trusts hit new lows
Crypto prices traded up marginally on Friday, while shares in Coinbase and Silvergate continued to trade lower. Bitcoin was up 0.1% over the past 24 hours, trading at $16,693. Meanwhile, ether ...
Grayscale Liquidation Could Unleash A Bitcoin Armageddon
The FTX Contagion effects do not even stop at the largest institutional Bitcoin product on the market, the Grayscale Bitcoin Trust (GBTC). As a result of the bankruptcy of Sam Bankman-Fried’s crypto e...
Grayscale Bitcoin Trust Trading Down By 40%; Is This A Warning?
The collapse of FTX, a cryptocurrency exchange has left a major dent in the global digital asset market. Several crypto exchanges and lending platforms have felt the impact of this debacle. However, t...
Community fears FTX implosion might affect Grayscale
Grayscale Bitcoin Trust (GBTC) shares are selling at a record discount of 42.69% to the underlying asset’s value following FTX’s implosion and fears of market contagion. According to Ycharts data, GBT...
Grayscale Investors Selling BTC and ETH Over 40% Lower Than Market Price
– Advertisement – Grayscale trust selling at huge discounts indicates investor bearishness as fears of a possible DCG insolvency grow. At press time, Grayscale’s Bitcoin Trust (GBTC) is tr...
Grayscale Hoping for SEC Win, Others Say GBTC Needs To Act Faster
Given Grayscale Investments’ suit against the SEC — alleging the watchdog erred in denying its bid to convert its bitcoin trust to an ETF — is months from a resolution, industry participants told Bloc...
Grayscale claims commerce is continuing as normal with its assets – crypto.news
Following Genesis Global Capital’s withdrawal freeze, Grayscale stated that its products are functioning “business as usual” and that “recent events” have not influenced operations. Grayscale said it ...
Will ETHE And Grayscale Bitcoin Trust Share Same Fate As FTT?
The sudden decline of FTX has created a devasting effect on the entire Bitcoin and crypto market. Panic shorting of digital assets is the order of the day, with Solana taking a massive hit as many inv...
Grayscale Declares ‘Business as Usual’ Despite Sister Company Genesis Global Capital Suspending Withdrawals
Genesis Global Capital, the lending arm of crypto investment bank Genesis Global Trading, announced the suspension on Wednesday in response to “extreme market dislocation and loss of industry co...
FTX Contagion Reaches Genesis And Grayscale, Are GBTC, ETHE Next FTT?
Crypto brokerage firm Genesis Trading facing potential solvency issues. A call with creditors is scheduled at 8 AM EST in which Genesis may explain the current situation, FTX exposure, and relations w...
Grayscale and Binance Confirm Not Affected By Genesis Decision to Halt Withdrawals
– Advertisement – Grayscale And Binance Assure Users of Funds Safety. Grayscale has assured clients of the safety and security of their funds amid the panic triggered by the FTX implosion ...
Genesis Trading And Grayscale To Get Insolvent After FTX ?
Crypto Live News Author: Delma Wilson Nov 16, 2022 16:31 Delma is a B2B Content Marketer, Consultant, Blogger in the field of Blockchain, and Cryptocurrency. In her spare time, she loves to blog, play...
Ark Invest picks up $2.8 million worth of Grayscale Bitcoin Trust shares
Cathie Wood’s Ark Invest bought shares in Grayscale’s Bitcoin Trust (GBTC) on Monday, days after the trust’s discount reached a new low. Ark purchased 315,259 shares of GBTC o...
Realized Bitcoin losses spike as Grayscale GBTC trades at less than $10k BTC equivalent
Bitcoin investors have locked in the fourth-largest spike in realized losses in 2022 during the current market downturn. Over $1 billion dollars has been locked in since Nov. 9 as investors panic sell...
Grayscale Bitcoin Trust Tumbles By 41% Amid The FTX Calamity
The recent crisis in the world’s third-largest crypto exchange, FTX, is creating more devastating conditions in the Bitcoin and crypto market. Over the past few days, the FTX token (FTT) has lost more...
Grayscale Bitcoin Trust trading at discount of more than 40% amid market tumult
The Grayscale Bitcoin Trust (GBTC), which has been trading at a discount since the beginning of 2021, hit a record low on Wednesday. GBTC is currently trading at a discount of -40.7%, its lowes...
Grayscale Investments Backed Survey Brought Political Take on Crypto
On 1st November 2022, renowned crypto asset management firm Grayscale Investment released findings of a survey. The Harris Poll conducted a survey on behalf of Grayscale intending to find out the perc...
Over 50% of Americans Think Crypto is the Future of Finance: Grayscale Study
A recent Grayscale-backed study suggests more than half of Americans agree that “cryptocurrencies are the future of finance.” The sentiment appears to span across the political aisle, as both 59% of D...
Democrats and Republicans clear Crypto regulation Grayscale survey hack
Democrats and Republicans can stop squabbling like children over one thing – cryptocurrency. The majority of both lefties and righties see crypto as the ‘future of finance.’ A new survey shows that cr...