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 of April 24, the company had $2.7 billion worth of … Read more

Ethereum Price Watch: Stagnating Financial Trend Observed For Premier Digital Asset During Last 5 Days

At press time, Ether, the world’s second most sought after crypto asset after Bitcoin, is trading at a price point of $211.85. As can be seen from the chart below, the premier digital token has continued to hover around the $210 region for more than 72-hours— a stagnating trend which many crypto experts find alarming. … Read more