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Grayscale Investments Scooped Up Over 17,000 BTC in the Last Seven Days


During the last seven days, Grayscale Investments purchased 17,100 BTC or $182 million worth of bitcoin using today’s exchange rates. The company’s bitcoin position is now close to 450,000 BTC worth roughly $4.7 billion. The Grayscale Bitcoin Trust (GBTC) is a very popular investment...

Meet the Man Who Spent 10,000 BTC on Two Pizzas


“Crypto Titans” is a series of personal interviews conducted by CoinMarketCap with prominent and forward-thinking minds tinkering on and behindContinue Reading The post Meet the Man Who Spent 10,000 BTC on Two Pizzas appeared first on CoinMarketCap Blog

More Than $220M in Bitcoin Withdrawn from Crypto Exchanges Since the Halving


In mid-April, news.Bitcoin.com reported on a great number of BTC withdrawn from cryptocurrency trading platforms and after the third BTC halving, the trend has picked up once again. Data from Glassnode’s Bitcoin Exchange Net-Flow statistics show that close to 24,000 BTC has been withdrawn...

With $1.5 Billion Under Management Grayscale Bitcoin Trust Slides 30%


Prior to the market carnage on March 12, the Grayscale Bitcoin Trust (GBTC) had acquired over 300,000 BTC. Grayscale’s trust has been one of the longest-running FINRA approved investment vehicles with bitcoin assets under management. On Feb. 5, GBTC shares climbed more than 10% that week...

Ireland Seizes Bitcoin Stash Worth $56M But Can’t Sell for 7 Years


Ireland’s Criminal Assets Bureau (CAB) seized 6,000 BTC from a Dublin resident who was accused of growing cannabis on property located in the Wicklow Mountain region. The police found around €450,000 of marijuana plants but the €52 million ($56.1M) of BTC was the biggest...

$118 Million of Plustoken BTC on the Move Again – New Dump Incoming?


Plustoken’s stash of bitcoin is on the move again. The haul of ill-gotten gains, amassed during a long-running Ponzi scheme that accrued 187,000 BTC, has been sporadically liquidated, impacting the market price of bitcoin in the process. At 2:46 a.m. today, a known Plustoken address moved...

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