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Grayscale Buys 50% of All Ethereum Mined in 2020


Digital asset manager Grayscale Investments bought about 50% of all newly mined ethereum so far this year. It now holds the equivalent of 1.1% of ETH in circulation, according to a post on Reddit. Grayscale operates 10 cryptocurrency investment products focused on institutional investors. As...

TNC IT Group’s Token to Be Listed This April


TNC IT Group (TNC), an international blockchain company, will have its native currency TNC Coin listed on crypto exchanges by April 30. TNC Coin is set to progress fast in the market due to its expedited listing and user base. Since TNC revealed its merger project, interested crypto investors...

Japanese Analyst Says Traditional Investors Will Come Flocking to Crypto


A Japanese analyst says that institutional investors are growing increasingly crypto-keen – and believes that the coronavirus pandemic will only serve to heighten their interest. Per Fisco, via Gentosha, popular Japanese blockchain and crypto author and analyst Tetsuyuki Oishi says that...

Investments in Grayscale Bitcoin Trust Hit Record High Amid Economic Crisis


Grayscale Investments has announced the strongest quarter in its history. Investments into the company’s cryptocurrency products, including the flagship Grayscale Bitcoin Trust (GBTC), hit a record high in the first quarter. Of the total investment, 88% comes from institutional investors....

Grayscale Bitcoin & Ethereum Investors Hit New Record + More News


Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Investment news Major digital asset manager Grayscale Investments said it raised USD 503.7 million in 1Q20, nearly double...

Investors Sue The Maker Foundation, MKR Goes up


The Maker Foundation, that supports the MakerDAO (MKR) project, is faced with a proposed class-action lawsuit by investors, which may take more than USD 28 million out of it, but the native token appreciated in the past day. Despite the lawsuit news for the Foundation, the 29th coin by market...

Huobi Korea Searches for New Investors As It Aims At The 'Big Three'


Huobi Korea says it wants to attract series B investment partners as it looks to expand its presence in South Korea. Per iNews24, the trading platform – which is hoping to become the first non-domestic challenger to break the dominance of the “big three” local exchanges (Bithumb, Upbit,...

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