Bakkt crypto exchange prepares for IPO

Bakkt, a crypto exchange owned by the Intercontinental Exchange, prepares to go public

The company wants to be one of the first crypto exchanges to be listed in the United States.

Bakkt has a current value of $ 2.1 billion.

Many crypto companies like Bitcoin Cycle, whether mining farms or exchanges, choose to go public to raise additional capital and increase their credibility.

The latest organization is Bakkt , the crypto exchange owned by Intercontinental Exchange Inc. (ICE). ICE owns the New York Stock Exchange and various other financial and derivative markets.

Preparing for an IPO

It is arguably no surprise that the company behind the Wall Street Stock Exchange intends for its crypto exchange to go public . This follows the drastic price increases observed in the markets in recent months.

Bakkt will be the first major U.S. cryptocurrency platform to be listed. Competing companies like Coinbase and eToro are also gearing up for their own IPOs.

Bakkt entered the cryptocurrency space as a super exchange backed by institutions, like venture capitalists such as Pantera Capital and the venture capital arm of Microsoft.

With a current value of over $ 2 billion, the IPO is expected to attract large investors. Bakkt’s IPO could be beneficial for the company and serve as a general indicator of the public’s outlook on cryptocurrency-based businesses as a whole.

Does Bakkt keep up with its competitors?

According to the @BakktBot Twitter account, an automated account that tracks Bakkt’s trading volume, the company’s daily volume has taken a pretty big hit. The volume is down about 40% and barely exceeds $ 20 million.

That’s around 606 bitcoins, a massive drop from her record 18,718 BTC trading volume, which she secured in mid-September 2017.

The other centralized and decentralized exchanges having recorded record transaction volumes in parallel with a rise in prices, this does not bode well for the trailing operator.

By comparison, Coinbase, a competitor to Bakkt which is also preparing to go public, has a daily trading volume of nearly $ 4 billion.

Coinbase is expected to have a much higher valuation than Bakkt, which could reach $ 28 billion. This is a 12 times multiplier compared to Bakkt. Same goes for daily trading volume, Coinbase performs over 12 times that of Bakkt.

Krypto-Analyst Nicholas Merten sagt Altcoin Zyklus nähert, Tracks Zustand von Bitcoin, Ethereum und Litecoin

Der beliebte Krypto-Stratege Nicholas Merten behält Bitcoin, Ethereum, XRP und Litecoin genau im Auge.

Eine neue Ausgabe von DataDash

In einer neuen Ausgabe von DataDash, Merten Karten für seine 363,000 Abonnenten die Ebenen zu beobachten für BTC.

„Wir befinden uns in unerforschtem Gebiet. Das ist ein Novum, wo sich Bitcoin Evolution in seiner Preisgeschichte befindet. Also, wir können hier gerade sehen, dass wir uns im Allgemeinen um [22.250 $] halten. Sie können sehen, dass wir hier ein wenig tiefer eingetaucht sind, aber im Moment halten wir ungefähr den Unterstützungsbereich, den wir hier durch den 17. bis 18. Dezember hatten und es wird eine Frage sein, ob wir dieses Niveau halten können.

Wenn wir anfangen, hier [$21.900] wieder zu kippen, würde ich das Gefühl haben, dass der Markt ein Warnzeichen gibt; dass wir eintauchen und etwas tun werden, was viele Leute nicht sehen wollen, und das ist ein Zusammenbruch in Richtung $20.000 oder in den oberen $19.000-Bereich, wo die offiziellen Allzeithochs aus dem letzten Zyklus vorher waren, um es zu einer neuen Unterstützung zu machen.“

Merten sagt, dass Bitcoin bereits überbewertet ist und dass wir eine Verschiebung der Liquidität sehen könnten, wenn Investoren ihre Gewinne in führende Altcoins umschichten.

„Werden wir sehen, altcoins beginnen, um zu sehen, wieder altcoins beginnen, um einige der Marktbewertung, einige der Liquidität, einige der Marktdominanz? Ich glaube wirklich, dass das der Fall ist.“

Der Krypto-Stratege blickt auf Ethereum (ETH/USD) und betont, dass es weit von seinem Allzeithoch entfernt ist.

„Wenn ich mir Ethereum anschaue, befindet es sich in einem viel gesünderen Zyklus. Es gibt keine absolute große Überschreitung. Es ist nicht in seinen Allzeithochs.“

Merten verfolgt auch die Performance von Litecoin (LTC/USD) und stellt fest. dass die Münze ihren stetigen Aufwärtstrend beibehält.

„Litecoin, hält sich hier sehr gesund. Nothing too crazy.“

Eine Altcoin-Saison ist in Sicht

Obwohl der breitere Kryptomarkt derzeit eine Korrektur durchläuft, sagt Merten, dass eine Altcoin-Saison in Sicht ist.

„Was wir im Sommer gesehen haben, war nicht der Altcoin-Zyklus. Wir haben noch nicht getroffen, dass altcoin-Zyklus, aber wir sind immer sehr, sehr nah. Wir haben unsere Vorläufer-Rallyes in einer Menge dieser altcoins und ich kann Ihnen allen sagen, Sie wollen ein Auge auf diese großen altcoins, weil einige von Ihnen beginnen zu halten, schön.“

Merten betont, dass LTC/BTC ist der Handel in der Nähe der kritischen Unterstützung bei etwa 0,004, wo es gepumpt 3x bis 5x auf seine historische Preis-Aktion. Er behält auch ETH/BTC genau im Auge, das seiner Meinung nach ebenfalls an einem wichtigen Unterstützungsniveau gehandelt wird.

„In diesem Fall, was wir haben, sind Rabatt Möglichkeiten, wo altcoins sind wirklich billig im Moment. Dies ist wieder, wo Sie sehen, Kapital Zyklus in und aus verschiedenen Märkten innerhalb der Krypto-Raum.“

Bitcoin treffer ny all-time high, skyter over $ 22.000

Bitcoin har nådd en ny heltidshøyde. Bare 24 timer etter skyting utover $ 20 000-markeringen har verdens fremste digitale valuta etter markedsverdi steget til $ 22 700, omtrent $ 2000 høyere enn der den sto for bare 24 timer siden.

Bitcoin vokser som aldri før
Valutaen har vært i en kraftig økning de siste ukene. Tatt i betraktning at eiendelen på et tidspunkt i midten av mars ble fanget under 4000 dollar for en kort periode, har valutaen lagt til nær 20 000 dollar til prisen på bare ni korte måneder. Bortsett fra en litt bearish september, som er typisk for bitcoin, har valutaen vært på en høy strek siden begynnelsen av året.

Coin Metrics sier at valutaen har lagt til mer enn ti prosent til den totale prisen den siste dagen, og at bitcoin er opp rundt 200 prosent siden begynnelsen av året.

Mange analytikere diskuterer nå hva som potensielt kan være bak den plutselige bølgen. Eric Demuth – administrerende direktør og medstifter av crypto trading-appen Bit Panda – uttaler at dette rallyet i stor grad er drevet av institusjonelle investorer, som er den primære forskjellen mellom nå og oksekjøringen som skjedde for tre år siden i 2017. Det løpet var først og fremst drevet av forhandlere.

Han sier også at mange spillere ser bitcoin som et potensielt sikringsverktøy mot inflasjon. De har sett tradisjonelle valutaer falle gjentatte ganger gjennom året og tror sannsynligvis at bitcoin er et solid alternativ til varer som gull, som vanligvis blir sett på som den ultimate butikken av rikdom. Han sier:

Denne løpeturen er helt annerledes enn den i 2017. Den gang ble prisen drevet av hovedsakelig detaljistinvestorer. Nå har vi i tillegg milliardærer som berømmer Bitcoin Revolution og investeringsfond som sikrer betydelige posisjoner verdt hundrevis av millioner. De store spillerne som en gang var veldig fjernt fra bitcoin og var frittalende kritikere, deltar nå i løpet.

Michael Sonnenshein – administrerende direktør i Grayscale, en digital valuteansvarlig – uttaler i et nylig intervju at selskapets kryptobeholdninger har økt med omtrent seks ganger det de var i år 2019. Han nevner:

Strømmene våre er nå sannsynligvis opp seks ganger så høye som i fjor, og investortypene som setter kapital i arbeid er ulik noen av investorene vi har sett noen gang før. Det er noen av verdens største investorer.

Fra begynnelsen av desember er de totale eiendelene som Grayscale forvalter, omtrent 10,8 milliarder dollar.

Ikke bli for begeistret ennå
Til tross for bitcoins solide løp, advarer mange sine følgere om at det nå ikke nødvendigvis er på tide å bli involvert. Jay Smith, for eksempel – en kryptotyr og investor med e-Toro – har gitt en advarsel til forhandlere som kan være nye i kryptospillet og hevder:

Det er et tak for nå. Vi går inn i nytt territorium, og det føles som bitcoin endelig blir akseptert som en ny aktivaklasse, men det er fortsatt en lang vei å gå.

Syn Masayoshi czuje się lepiej po odejściu od BTC

Powiedzieliśmy to już wcześniej, i powiemy to jeszcze raz. Bitcoin nie jest dla wszystkich i wygląda na to, że cyfrowa waluta frustruje innego eksperta finansowego – do tego stopnia, że ten człowiek całkowicie odchodzi od aktywów. Nazywa się Masayoshi Son, i jest prezesem Softbank.

Syn nie jest fanem Bitcoinów

W jednym z ostatnich wywiadów, Son powiedział, że po prostu nie rozumie bitcoin, i że mimo, że spędził tyle czasu na śledzeniu jego ruchów i staraniu się w nie inwestować, czuje się o wiele lepiej teraz, że postanowił odejść. W większości przypadków Bitcoin radził sobie dość dobrze sam przez te ostatnie kilka miesięcy, ale wciąż jest tam wielu wątpiących i niewierzących.

Wśród najwyżej notowanych znajdują się Warren Buffett, który w przeszłości porównywał bitcoin do guzika na koszuli i twierdzi, że nie ma on żadnej wartości. Mówi, że jedyną rzeczą, która utrzymuje go przy życiu, jest to, że są tam ludzie, którzy są gotowi zapłacić dodatkowo, aby go kupić.

Syn nie miał łatwego czasu z Bitcoinem. Przyjaciel powiedział mu, że byłby w dobrym miejscu, gdyby zainwestował w Bitcoin około jednego procenta swoich zarobków. To by było równe około 200 milionom dolarów w momencie pisania. Następnie spędzał każdy dzień na śledzeniu aktywów i obserwowaniu, jak zmieniają się ich ceny. Ostatecznie, stało się to poważnym odwróceniem uwagi od innych aspektów i obowiązków w jego życiu.

Później zdecydował, że powinien po prostu sprzedać swój bitcoin i całkowicie wydostać się z kryptońskiej przestrzeni. Mówi, że stracił około 50 milionów dolarów po swoich inwestycjach w BTC, choć w oddzielnym raporcie wydanym przez Wall Street Journal twierdzi, że jego straty były bliższe około 130 milionów dolarów.

Co ciekawe, Son przyznaje jednak, że choć krypto nie jest dla niego, to jednak wierzy, że będzie ono przydatne w najbliższej przyszłości. W niedawnym wywiadzie, twierdził:

Myślę, że cyfrowa waluta będzie przydatna, ale nie wiem, jaka waluta cyfrowa, jaka struktura i tak dalej.

Inni ludzie mogą nie zgadzać się

Przyznał również, że nie sądzi, aby cyfrowa waluta wkrótce zniknęła. W ostatnich dniach stała się zbyt popularna, a na zewnątrz jest zbyt wiele osób chętnych do zrobienia wszystkiego, co konieczne, by owinąć wokół niej palce, zwłaszcza gdy weźmie się pod uwagę trwającą pandemię koronaawirusa, która spustosza światowe rynki finansowe.

W ostatnich miesiącach Bitcoin stał się czymś w rodzaju żywopłotu – czymś, co potencjalnie może utrzymać czyjeś bogactwo na stabilnym poziomie w czasach zmagań gospodarczych. Waluta jest obecnie postrzegana jako magazyn wartości, podobnie jak złoto, a od kwietnia tego roku jej cena stale rośnie. Początkowo w marcu cena waluty (na krótko) spadła poniżej 4 000 dolarów, ale obecnie handluje się nią za znacznie ponad 18 000 dolarów.

Zeldzame kans om BTC op te slaan tegen 50% korting op de marktprijs tijdens ProBit Exclusieve pieken Aanzienlijke interesse als BTC Eyes $ 20.000

Top 25 wereldwijde cryptocurrency-platform ProBit Exchange heeft de volgende van hun op abonnementen gebaseerde ProBit Exclusive-aanbiedingen aangekondigd met 50% korting op BTC op 23 december.Hoewel de abonnementen enkele van de beste tokens op de markt bevatten, zal de nieuwste editie de huidige crème de la crème van de cryptocurrency-sector, aangezien BTC aanzienlijke institutionele steun blijft krijgen.

Een van de meest fervente BTC-supporters in Microstrategy bood onlangs voor 550 miljoen dollar aan converteerbare obligaties aan om extra kapitaal vrij te maken om hun huidige BTC-bezit van 40.824 BTC uit te breiden.

Hoewel goud traditioneel de referentie-activaklasse vertegenwoordigt, heeft BTC zijn moed verworven als de best presterende activa in 2020 en wordt het vaak beschouwd als digitaal goud

Terwijl de speculatie over een doorbraak in $ 20.000 territorium voortduurt, is Bitcoin Era een ideale gelegenheid om BTC-posities en -posities te vergroten. Het evenement is ook een uitstekende en goed getimede kans voor nieuwere handelaren om de belangrijkste crypto-activa te verzamelen tijdens het op abonnementen gebaseerde evenement met een maximale toewijzing van 50.000 USDT aan BTC.

Eerdere ProBit Exclusives hebben geprofiteerd van aanzienlijke prijsstijgingen na distributie, aangezien verschillende tokens een jaarlijks rendement behaalden van meer dan 4000% voor deelnemers.

PROB-token gemarkeerd met een YTD-toename van 288%

ProBit Exchange’s native token PROB heeft zichzelf afgescheiden van de rest van het pakket op weg naar het plaatsen van de beste prestaties van december YTD onder alle exchange-tokens met 288%. PROB-tokens genereren ook 4% per jaar beloningen voor stakers en bieden exponentieel toenemende kortingen op handelskosten en toegang tot gebruikersevenementen zoals de aanstaande BTC Exclusive.

De uitwisseling organiseert een ProBit Cup-wedstrijd waarbij gebruikers punten kunnen verzamelen voor het kopen en inzetten van het bovenste ruiltoken. Leaderboards worden periodiek bijgewerkt en bieden een totale prijzenpot van 10.000 USDT voor de 20 beste puntenverdieners zodra de stand van het evenement definitief is na 31 december 2020.

Bitcoin again over $19,000 – which areas are now crucial

Bitcoin again over $19,000 – which areas are now crucial

Bitcoin is once again trading over $19,000 as this is a crucial level for the crypto currency that the cops have been trying to convert into support.
It remains unclear whether BTC will be able to establish meaningful support at this level.
The selling pressure in this area has proved to be considerable in the past and could continue to hinder growth.
The next market trends will probably still depend on whether or not BTC can recover above its all-time high of $19,800.
Whether or not Bitcoin will be able to gain a foothold in Bitcoin Trader this price region should provide serious guidance as to where it will develop next.
One analyst also believes that a breach above $19,400 this weekend could mean that a move to new highs is imminent.

Bitcoin and the crypto market as a whole have seen some consolidation in recent days.

The selling pressure, which has been evident after each rally to all-time highs, has been intense and has triggered several sell-offs.

Bitcoin has reached several higher lows and shows no intense signs of weakness.

One trader now notes that a breakthrough above $19,400 could be all that the crypto currency needs to recover to new all-time highs.

Bitcoin is currently quoted at a price of 19,150 dollars. This is roughly the range in which it has been traded in recent days.

Today’s recapture of the $19,000 level is positive, as it suggests that the crypto currency could see serious upside in the near future.

Whether or not it can gain a strong foothold above this region should give some serious insight into its medium-term prospects.

Trader: Breakthrough above $19,400 could lead to serious upswing

A trader writes in a tweet that he is looking for a short-term breakthrough above $19,400.

He claims that this will allow the crypto to set new all-time highs, as this is now the last resistance level before $20,000.

„Bitcoin: And since $19,400 and $19,150 were rejected, the low was tested in the $18,500 range, which was tweeted yesterday. All fine, rangebound constructions continue. Breaking $19,400 = new ATH. Losing $18,500 = probably $16K tests.“

The overall market development in the coming days and weeks will probably depend on Bitcoin’s further reaction to the two price levels mentioned above.

O bitcoin sobe a níveis máximos em várias bolsas de valores como ouro, as ações levam uma surra

A Bitcoin balançou a atividade lenta em mercados mais amplos, atingindo máximos históricos em várias trocas de moedas criptográficas durante a sessão comercial de segunda-feira de manhã.

A moeda digital foi negociada até $19.873,23 por moeda na Coinbase, atingindo máximos históricos em Binance, Bitstamp, e Kraken. Por fim, o bitcoin estava sendo negociado por cerca de 5,8% no dia, a $19.047.

Enquanto isso, a Média Industrial Dow Jones estava mais de 1,4% abaixo. O preço do ouro estava negociando mais baixo – somando às perdas de ouro enfrentadas durante todo o mês de novembro. O ouro estava sendo negociado em baixa 0,47% no momento em que foi escrito a $1.782.

A divergência entre ouro e bitcoin é impressionante, considerando que muitos investidores têm caracterizado este último como uma alternativa digital ao ouro, que tradicionalmente supera o desempenho durante períodos de ansiedade. Os avanços feitos pelas empresas farmacêuticas em uma vacina Covid-19 parecem ter enviado o preço do ouro para uma „tailspin“.

„Embora haja muitas pessoas que querem desenhar semelhanças entre os dois instrumentos, acho que esta divergência destaca como eles ainda são diferentes“, disse Craig Erlam, um analista da OANDA, em um e-mail para o The Block.

„Bitcoin tem se saído bem desde março e isso pode estar ligado a alguma crença de que mais estímulos são otimistas, mas diante da expectativa de que as expectativas sejam diminuídas e de uma melhor perspectiva econômica, isso está empurrando recordes e acho que provavelmente irá muito além deles“, acrescentou ele.

As notícias da vacina também pesaram sobre o dólar americano. Apesar de ter tido um bom impulso durante a sessão de segunda-feira, ainda está sendo negociado em quase 5% desde o início do ano.

 

 

L’analyste qui a prédit le fond des bitcoins dit que 7 altcoins sont sur le point de s’effondrer

Un crypto stratège connu pour avoir prédit avec précision le creux du marché baissier de Bitcoin 2018 énumère sept jetons de finance décentralisée (DeFi) qui, selon lui, sont sur le point d’exploser.

L’analyste pseudonyme connu sous le nom de Smart Contracter déclare que Aave (AAVE) est un pari à forte conviction car il pense que l’actif DeFi est sur le point de sortir d’une tendance haussière.

„Certes, je ne suis pas encore sûr de la CTB pour le moment, je peux plaider en faveur des deux parties. Cependant, je suis très optimiste sur de nombreux grands projets de DeFi et j’ai beaucoup plus confiance dans les longs.

Aave, par exemple, se prépare à briser ce triangle ascendant à tout moment“.

Le crypto stratège s’appuie sur la théorie des vagues d’Elliott, qui cherche à identifier les modèles de vagues récurrentes pour prédire le comportement des participants au marché. En se basant sur la trajectoire d’Aave, Smart Contracter pense que le chouchou des DeFi va bondir de plus de 60% dans les deux prochaines semaines.

„AAVE va bientôt devenir parabolique. Vous avez été largement averti de la dernière chance de sauter avant que la vague n’atteigne son niveau le plus élevé.“

L’analyste pousse également ses prévisions un peu plus loin, en déclarant que le programme Aave atteindra un minimum de 150 dollars au début de l’année prochaine, ce qui représente une croissance de plus de 100 % par rapport à son prix actuel de 74 dollars dans environ deux mois.

„150 dollah pour AAVE est inévitable. Une fois que nous aurons déterminé que la résistance à 90 $, la découverte des prix commencera. Je dirais 150 dollars pour les lols, mais je pense que cela pourrait aller beaucoup, beaucoup plus loin que cela“.

Smart Contracter examine également un groupe sélectionné d’actifs supplémentaires de DeFi qui, selon lui, seraient performants face à Bitcoin (BTC).

Selon lui, Synthetix (SNX/BTC), Sushi (SUSHI/BTC), Uniswap (UNI/BTC), PowerPool (CVP/BTC) et yearn.finance (YFI/BTC) ont tous le potentiel d’imprimer des gains de 100 %.
En ce qui concerne PowerPool par rapport au dollar américain, Smart Contracter prévoit que CVP/USD mettra fin à sa tendance baissière une fois que la paire aura franchi le niveau de résistance clé.

„Powerpoolcvp CVP prend maintenant un coup dans la deuxième résistance majeure à 3,3 $. Au-dessus de ce niveau, le ciel est littéralement dégagé“.

L’Elliotticien garde également un œil sur la capitalisation boursière d’Ampleforth, qui, selon lui, devrait atteindre un nouveau record avant l’expiration de 2020.

„RENDRE LA BASE À NOUVEAU GÉNIALE ! AMPL maintenant plus 41%. pro tip, chart marketcap, not price. Le deuxième tour de Ponzi est en cours.“

Pendant ce temps, Smart Contracter est à la baisse sur l’indice du dollar américain. Il affirme que le DXY reste dans une tendance baissière et c’est une bonne nouvelle pour Bitcoin.

„Je pense que le DXY est toujours macro baissier et que ceux qui disent le contraire font des erreurs.

L’OMI, nous allons sur le côté et consolidons avant de sortir le 91 et d’atteindre de nouveaux plus bas. Dans l’ensemble, c’est une bonne nouvelle pour la CTB. Cependant, nous aurons des baisses en cours de route“.

Santander and MIT offer 400 scholarships for courses on blockchain and other technologies

Scholarship offered by a bank in the „Bolsas Santander Tec“ program will cover all the costs of vocational courses.

Those who wish to learn about blockchain technology can apply for one of the 400 scholarships that the bank intends to distribute through the „Bolsas Santander Tec“ vocational education programme.

According to the program, anyone between 20 and 35 years old can participate in the selection of scholarships for Santander. In addition, the courses are aimed at both university students and people who have already completed undergraduate and/or graduate studies.

Thus, in total, there will be eight weeks of classes taught online by MIT Professional Education. With applications open until 30 December 2020, the results of the Santander Tec Scholarship will be announced on 14 January 2021.

Blockchain Technology Course

Blockchain technology will be the subject of a vocational course offered by Santander and MIT called „Blockchain: Breaking Technology“. In total, students can choose from four courses to apply for the scholarship program.

If selected, students may take the course free of charge, as Santander Tec Scholarships guarantees the enrolment of the selected student in the program. Composed by two selection phases, those interested in the Santander programme will be initially evaluated through the student’s profile.

In addition, the bank must consider gender and geographical diversity to choose those selected for vocational courses. According to the scholarship description, the result of the first phase will be released on January 14, 2021.

The description of the course „Blockchain: Technological Breakthrough“ shows that students should learn about exchanges, bitcoin supersplit, governance and contracts related to „tokenization“ of assets.

Santander Scholarship Registration

With applications open since 20 October 2020, the „Bolsas Santander Tec“ programme will receive applications until the end of the year. In addition to students from Brazil, the programme aims to include students from twelve other countries:

  • Germany
  • Argentina
  • Chile
  • Colombia
  • Spain
  • Mexico
  • Peru
  • Poland
  • Portugal
  • United Kingdom
  • United States
  • Uruguay

In this way, classes will be given in three languages, such as Portuguese, Spanish and English. Shortly after 14 January 2020, pre-selected students will be evaluated in the second phase of the Santander Scholarship programme.

Therefore, only after the second phase will students be awarded the scholarship that can guarantee a place in the MIT blockchain technology course.

Google and Microsoft

Besides Santander, Google and Microsoft have a program that offers courses on blockchain technology, known as „I train“. Also with free registration, currently Eu Capacito has two courses on blockchain technology.

One of the courses is considered advanced and has 100 hours of classes on blockchain technology. In this case, students should learn more about the „technology that gives life to Bitcoin“.

Thus, in one of the courses the student can learn how to elaborate intelligent contracts (smart contracts) through blockchain technology. In addition to this technology, Eu Capacito has courses in the areas of Artificial Intelligence, IoT and Parallel Realities.

A treasure trove of 506,000 bitcoins that no one else will ever have? This Wall Street Giant Always Wants More

Treasure Kept in a Safe Place – The rise of Grayscale Investments surprises every day. Its investment funds based on real bitcoin and cryptocurrency underlyings are increasingly attracting institutional investors. In addition, new records have just been broken.

Over 500,000 bitcoins in Grayscale’s assets

The first record broken by Grayscale concerns the king of cryptocurrencies, Bitcoin (BTC). The investment fund proudly announced that it exceeded the symbolic threshold of half a million bitcoins under its management.

In more detail, the company offers 535 million shares in its Grayscale Bitcoin Trust fund , each consisting of 0.00095 BTC . This therefore represents more than 508,000 bitcoins under management.

The One Bitcoin a Day alone thus holds a little over 2.7% of the total supply of bitcoins currently in circulation (around 18.5 million BTC).

A total of nearly $ 10 billion in cryptoassets

Just days before this bitcoin record, Grayscale also announced that it had accumulated $ 9.8 billion in cryptocurrency in its custody.

The bitcoins (BTC) and ethers (ETH) represent the bulk of this war chest with respectively 8.2 and 1.2 billion of these crypto under management.

In the space of just one week since the previous report – where Grayscale reported $ 9.1 billion under his management – so $ 700 million has poured into cryptoassets.

Who could have imagined this a short time ago? An average of $ 100 million per day invested in Bitcoin and its main altcoins by institutional investors (main clients of these funds).