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Grayscale s Total AUM Increases to $49 2 Billion as Bitcoin Breaks Above $62k

Grayscale’s AUM Growing at a Fast Rate As the interest in digital assets spikes, Grayscale’s total AUM is becoming one of the fastest-growing trusts in the in industry. The recent increase came in less than four days when it was holding at $46.1 billion. By April 9 the trust increased its total AUM by $1 billion in just 24 hours. The addition of new tokens to its list of trust offerings gave the total AUM a boost as well. As reported, Grayscale added five new tokens to amplify its crypto-trusts, integrating Chainlink (LINK), Basic Attention Token (BAT), Decentraland (MANA), Filecoin (FIL), and Livepeer (LPT). These tokens saw a boost in price after the announcement, surging 50 to 70% in most cases.

The Markets Are Steadily Climbing

The Markets Are Steadily Climbing I m hoping that we see some more rotational action rather than a broad market correction. Apr 14, 2021 | 10:42 AM EDT The major indices continue their steady climb higher this morning. They have been on quite a run while many secondary stocks have struggled, but the laggards are finally bouncing a bit this morning. The Russell 1000 ETF (IWM) and biotechnology (IBB) , which has been the worst sector lately, are seeing an energetic rebound. Market players are waiting for the Coinbase (COIN) initial offering to open, but there already is some sell the news action in the sector with Grayscale Bitcoin Trust (GBTC) , Riot  (RIOT) , Marathon Digital  (MARA) , and a few other names selling off. I reduced some of my GBTC into strength.

Coinbase-Knall: Bitcoin-Kurs steigt auf Rekordhoch

Coinbase-Knall: Bitcoin-Kurs steigt auf Rekordhoch
btc-echo.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from btc-echo.de Daily Mail and Mail on Sunday newspapers.

Signs Point To Retail Investors Taking Over Bitcoin Momentum: CoinDesk

Signs Point To Retail Investors Taking Over Bitcoin Momentum: CoinDesk
entrepreneur.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from entrepreneur.com Daily Mail and Mail on Sunday newspapers.

Why a U S Bitcoin ETF Could Be a Real Thing in 2021

Why a U S Bitcoin ETF Could Be a Real Thing in 2021
washingtonpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from washingtonpost.com Daily Mail and Mail on Sunday newspapers.

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