$105,205.00
0.35%$2,483.64
0.81%$2.34
-0.14%$645.02
-0.08%$166.63
1.44%$0.999847
-0.01%$0.220458
-0.39%$0.731587
-0.61%$0.27115
2.33%$2,481.84
0.84%$104,961.00
0.28%$3.87
2.82%$2,979.44
0.60%$15.54
0.53%$22.14
0.24%$0.282304
-0.16%$25.95
0.24%$0.0000143
-0.51%$0.194255
1.67%$8.76
1.55%$386.54
0.16%$3.05
2.58%$93.84
-3.90%$0.999892
-0.00%$4.60
0.70%$2,483.76
0.91%$347.85
1.06%$5.12
-0.60%$1.00
0.02%$2,646.23
0.58%$0.00001283
-2.60%$0.740531
2.84%$1.001
0.06%$105,133.00
0.33%$30.20
-0.22%$262.61
14.96%$415.20
2.68%$5.79
-1.14%$2.73
-0.80%$5.08
-0.51%$51.79
-0.57%$200.56
1.52%$0.930449
1.29%$1.00
0.00%$35.97
2.16%$0.09583
0.73%$0.107933
0.62%$18.13
-0.02%$5.14
-0.36%$13.28
4.30%$21.34
-0.32%$0.743881
1.83%$1.17
0.08%$1.052
0.01%$0.02764223
-0.32%$4.58
0.99%$0.371005
2.98%$0.999665
-0.04%$4.72
-0.34%$105,042.00
0.98%$0.230229
-1.17%$4.40
-0.00%$0.219425
-0.15%$0.72432
-1.26%$0.38779
0.95%$2.82
-0.64%$2.61
-0.29%$1.097
-1.52%$4.52
0.56%$0.495899
0.53%$0.99987
0.28%$2,481.39
0.71%$0.00001934
-1.25%$11.76
0.66%$0.501139
3.66%$97.92
5.80%$174.78
1.03%$2,591.60
0.90%$0.849668
0.15%$4.56
-3.64%$1.27
1.44%$1.93
0.75%$104,868.00
0.27%$0.0188099
-1.14%$1.23
-0.42%$0.782815
1.37%$1,713.55
1.38%$0.220966
-0.28%$0.63956
0.59%$0.708057
0.93%$2,815.34
0.55%$1.003
0.28%$11.79
0.05%$0.072665
-0.50%$0.107951
-1.36%$0.715282
7.64%$0.953865
-2.40%$0.00009493
-0.86%$2,648.65
0.95%$3.11
-1.05%$1.00
0.03%$644.73
-0.11%$0.999568
-0.02%$0.889918
1.86%$215.44
1.42%$184.90
1.32%$0.01776181
0.83%$105,083.00
0.72%$0.01867824
-1.26%$3,276.12
1.15%$103,524.00
-1.37%$1.00
-0.00%$0.634476
1.57%$2,603.05
0.72%$3,294.61
1.33%$0.01245067
0.08%$0.219178
-0.91%$0.865964
-2.40%$0.765886
-1.16%$0.305723
-0.86%$12.83
1.22%$2.26
2.98%$2,594.99
0.86%$21.66
1.33%$0.00000073
0.28%$3.92
-0.65%$4.38
8.05%$34.90
-1.70%$0.733012
7.18%$0.115909
1.22%$104,394.00
1.15%$0.01946416
-1.87%$0.065795
-2.82%$1.97
5.67%$40.39
-1.67%$0.997634
0.01%$0.999961
0.08%$2.06
0.13%$0.609088
-0.44%$0.399151
-0.03%$1.74
-2.56%$1.11
-0.20%$111.11
0.02%$0.315637
-2.34%$2,483.69
0.77%$0.22021
-0.55%$2.01
2.69%$2,478.13
0.78%$0.999886
-0.00%$105,202.00
0.50%$0.640994
-1.30%$2,648.75
0.61%$2,548.48
1.45%$17.99
-0.08%$0.428816
-2.82%$0.608732
-2.73%$0.642326
1.39%$0.999449
-0.15%$105,097.00
0.70%$0.00853716
0.23%$2,484.54
0.96%$7.26
0.54%$2.94
0.51%$0.130224
-6.29%$0.065508
-0.86%$0.148576
-2.24%$0.424546
0.32%$0.184199
1.57%$0.179332
-0.55%$102,822.00
1.44%$6.46
0.79%$0.693209
2.73%$0.999794
-0.01%$0.449506
0.64%$0.00488956
-0.39%$1.65
3.40%$1.86
-1.87%$0.088085
0.66%$0.00002231
0.08%$0.04865912
-0.43%$0.00000044
1.98%$0.0934
0.75%$0.437194
-0.04%$1.38
1.60%$0.04316997
-0.07%$0.157496
2.68%$2,479.26
0.68%$1.27
0.17%$1.087
0.00%$1.003
-0.21%$0.00000104
-4.42%$0.00775301
0.03%$0.370783
10.97%$1.00
-0.01%$0.00465283
1.14%$0.168441
-0.38%$1.00
0.01%$104,767.00
0.19%$42.62
0.27%$34.41
0.86%$0.999867
0.03%$1.10
0.17%$0.01927805
2.82%$0.229646
-1.43%$1.49
-1.20%$0.38282
0.05%$3.07
-0.23%$0.444775
323.92%$2,634.75
0.72%$0.00530699
3.61%$1.003
0.20%$0.03657792
4.25%$0.00356335
0.36%$3.92
5.08%$0.372745
0.48%$0.776134
2.52%$0.837272
1.43%$131.57
0.97%$25.89
-0.21%$2,723.74
0.47%$105,091.00
0.34%$0.00006148
-0.27%$2,707.78
0.90%$0.814913
1.07%$0.998742
0.01%$0.00000158
1.01%$19.55
-1.33%$0.318968
-2.35%$0.286862
3.74%$0.999965
0.00%$0.999786
-0.00%$2,482.99
0.60%$0.00073058
1.80%$0.221071
1.67%$22.13
0.22%$0.678086
0.50%$0.246971
-0.46%$2,502.26
1.65%$18.31
-0.37%$2,678.77
0.91%$2.63
1.57%$0.00326102
-0.19%$0.49383
1.36%$23.33
0.39%$25.89
-0.24%$1.00
0.03%$0.00270672
-2.07%$0.999975
0.03%Reading
Digital assets management firm Grayscale has increased the weighting of BitcoinBitcoin and EthereumEthereum in its Digital Large-Cap (DLC) investment fund—at the expense of other major altcoins.
Grayscale announced in a Twitter thread on July 12 that the composition of its DLC fund had shifted moving into Q2 of 2020. Between March and June, the percentage of Bitcoin in the fund increased from 81% to 81.5%, while Ethereum’s weighting in the fund increased from 9.6% to 11.7%.
The presence of three other major altcoins in the fund was reduced in the same time period. XRP’s (XRP) weighting dropped from 5% to 3.6%; Bitcoin Cash fell from 2.8% to 2%; and Litecoin’s presence decreased from 1.6% to 1.2%.
3/ Although no new assets qualified for inclusion following DLC Fund's Quarterly Review (6/30/20), the below table highlights how DLC Fund’s weightings have changed from March 31, 2020 to June 30, 2020: $BTC $ETH $XRP $BCH $LTC pic.twitter.com/1OyP0JJ4Rb
— Grayscale (@GrayscaleInvest) July 6, 2020
Grayscale’s single-asset investment funds for Bitcoin and Ethereum are the largest under the firm’s management, totalling $3.5 billion and $410 million respectively. Comparatively, the single-asset funds for Bitcoin Cash, Litecoin and XRP total less than $12 million between them.
The world’s largest crypto-investment firm signaled a renewed thirst for Bitcoin throughout most of 2020. Prior to the Bitcoin halving event, Grayscale was estimated to be purchasing the equivalent of around half of all Bitcoin mined. In the two weeks after Bitcoin’s halving, Grayscale’s rate of Bitcoin acquisition increased to 153% of all BTC mined in that period.
By early April, the digital asset investment firm was also shown to be purchasing the equivalent of half of all ETH mined in 2020, eventually coming to own 1.1% of Ethereum’s circulating supply.
Since Bitcoin’s block reward halving, digital asset manager Grayscale Investments has purchased more Bitcoin, on behalf of its institutional clients, than has been mined. The world’s largest digital assets manager continues to accelerate its rate of Bitcoin acquisition, regardless of what Goldman Sachs has to say about the matter. According to data supplied by independent researcher Kevin Rooke, Grayscale added 18,910 coins to its Bitcoin Trust in little over two weeks since the halving. Only 12...
It’s conceivable that Grayscale’s re-evaluation of its DLC fund is a reaction to market conditions. Since March 31, the global market dominance of Ethereum increased from 8.17%, to over 9.8% at time of writing. In the same time period, XRP’s market dominance fell from 4.21% to 3.28%. Bitcoin Cash’s dominance decreased from 2.27% to 1.6%. Likewise, Litecoin’s dominance dropped from 1.4% to 1.07%, according to CoinMarketCap.
The only exception to this trend is Bitcoin, the market dominance of which fell from 65.78% from March 31, to 62.46% at time of writing. This could be a result of the recent block reward halving, which resulted in half as many BTC being produced by Bitcoin miners.
The founder of online news publication TechCrunch has claimed that Coinbase’s recent data breach “will lead to people dying,” amid a wave of kidnap attempts targeting high-net-worth crypto holders. TechCrunch founder and venture capitalist Michael Arrington added that this should be a point of reflection for regulators to re-think the importance of know-your-customer (KYC), a process that requires users to confirm their identity to a platform. He also called for prison time for executives that f...
Kevin O’Leary responded Monday to U.S. Senator Elizabeth Warren's (D-MA) latest attacks on the Senate’s stablecoin bill, rejecting her claims as “completely deranged” and warning that politicizing the legislation could undermine the U.S.’s position in global finance. “She’s confusing politics with progress, and this time, it could cost America dearly,” the Shark Tank investor and entrepreneur tweeted Monday. He added that, “This bill has nothing to do with Trump or meme coins.” Elizabeth Warre...
A California-based investor has accused Strategy, formerly MicroStrategy, and its executives of violating federal securities laws by making false and misleading statements, according to a complaint filed in the U.S. District Court for the Eastern District of Virginia on Friday. In the 38-page document, Anas Hamza alleged that Strategy and its executives, including co-founder and Executive Chairman Michael Saylor, failed to disclose that “the anticipated profitability of the company’s Bitcoin-foc...
