Tag: Digital Currency Group

Why Is Grayscale Down When Bitcoin Is Up

Since the beginning of 2018, Bitcoin prices have surged, reaching new all-time highs on a number of occasions. The rise in prices has undoubtedly benefited early investors in the cryptocurrency, with some making sizable profits. However, not all players in the Bitcoin market have enjoyed the same success. For example, Grayscale Investments, a company that […]

Who Owns Grayscale Bitcoin Trust

Grayscale Bitcoin Trust (GBTC) is an open-ended trust that is invested exclusively in bitcoin and derives its value solely from the price of bitcoin. The Trust’s sponsor is Grayscale Investments, LLC, a subsidiary of Digital Currency Group, Inc. (DCG). The Trust was created on September 25, 2013, and began operations on January 2, 2014. The […]

Who Made Ethereum

The Ethereum platform was created by Vitalik Buterin in 2013. Buterin is a Russian-Canadian programmer who was born in Russia and raised in Canada. He became interested in Bitcoin in 2011 and began to work on developing the software for the platform in 2013. Ethereum was launched in July 2015. Who owns Ethereum most? Since […]

What Is Bitcoin Trust

Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto. Transactions are verified by network nodes through cryptography and recorded in a public dispersed ledger called a blockchain. Bitcoin is unique in that there are a finite number of them: 21 million. Bitcoins are created as a reward for a process known […]

What Happens If Gbtc Becomes An Etf

What Happens If Gbtc Becomes An Etf The Winklevoss brothers, who are best known for their legal battle with Mark Zuckerberg over the founding of Facebook, announced their plans to launch the first Bitcoin ETF in 2013. The fund, which is called the Winklevoss Bitcoin Trust (GBTC), has yet to be approved by the SEC. […]

What Is The Grayscale Bitcoin Trust

What is the Grayscale Bitcoin Trust? The Grayscale Bitcoin Trust is an investment fund that allows investors to gain exposure to Bitcoin without having to actually hold the digital currency. The trust was launched in 2013 by Barry Silbert’s Digital Currency Group, and it is currently the only such investment fund available to US investors. […]

How Does Grayscale Bitcoin Trust Work

Grayscale Bitcoin Trust is a subsidiary of Grayscale Investments, LLC. The company was founded in 2013 by Barry Silbert. Grayscale Investments, LLC is a digital currency asset management company. The Grayscale Bitcoin Trust is a digital currency investment trust. It is a single-purpose trust that solely invests in and holds Bitcoin. The trust was created […]

What Is Grayscale Bitcoin

When it comes to Bitcoin, there are a few different ways to store and use the digital currency. You can store it on a computer, or in a digital wallet. You can also use it to buy things online, or you can invest in it. If you’re interested in investing in Bitcoin, you may want […]

What Is Grayscale Bitcoin Trust

What Is Grayscale Bitcoin Trust? Grayscale Bitcoin Trust is a digital asset management company that focuses on investments in Bitcoin and other digital currencies. The company was founded in 2013 by Barry Silbert, who is also the founder and CEO of SecondMarket, a platform for buying and selling illiquid assets. Grayscale Bitcoin Trust is a […]

What Made Ethereum Rise

In January of this year, the price of Ethereum was just a fraction of what it is now. At the time, Ethereum was trading at around $8. By June, it had reached a high of nearly $400. What made Ethereum rise so dramatically in value? There are a few factors that contributed to Ethereum’s rise. […]