Grayscale
This week in crypto: IOTA hits 1,200 TPS while Grayscale buys up 2% of the entire Bitcoin supply
It seems like this week we reached some kind of tipping point with general interest in crypto, which has culminated in Bloomberg saying Bitcoin will reach $20,000 this year. But price talk isn’t the only thing that’s been happening. There have been some big developments, too. Namely…
One institution has bought up half of all Ethereum and a third of all Bitcoin created this year
News came out this week that Grayscale Investments has bought up one-third of all the Bitcoin mined in the last three months. Which, unless I quantify that means absolutely nothing. So let’s put it into numbers. In the last 100 days, Grayscale has bought 60,672 Bitcoin… worth a
