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…
![This week in crypto: IOTA hits 1,200 TPS while Grayscale buys up 2% of the entire Bitcoin supply](https://cdn.getmidnight.com/4879ec630956eaeeb1897956e2b6d13d/wordpress/2020/06/image-2.png)
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
![One institution has bought up half of all Ethereum and a third of all Bitcoin created this year](https://cdn.getmidnight.com/4879ec630956eaeeb1897956e2b6d13d/wordpress/2020/05/key-2.png)