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Showing posts with the label grayscale investments

Democrats and Republicans Agree Cryptocurrency Is the Future of Finance, Survey Shows

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A new survey has revealed that Democrats and Republicans agree cryptocurrency is the future of finance. The national survey was conducted by The Harris Poll on behalf of Grayscale Investments, the world’s largest digital currency asset manager. In addition, 44% of the respondents said they expect to have crypto as part of their investment portfolio in the future. ‘Cryptocurrencies Are the Future of Finance’ Grayscale Investments, the world’s largest digital currency asset manager, announced Tuesday that its new national survey has revealed that “Democrats and Republicans agree cryptocurrency is the future of finance.” The online survey was conducted on Grayscale’s behalf between Oct. 6-11 by The Harris Poll, a global market research and consulting firm. A total of 2,029 adults, who are likely voters, participated. The survey examined “how Americans view the state of the economy and cryptocurrency against the backdrop of the 2022 Unite...

Close to 60,000 BTC Erased From Bitcoin Treasuries in 9 Months, 4 Entities Hold More Than 100K BTC

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During the last two years, a number of public and private companies, exchange-traded products (ETPs), and countries have added bitcoin to their balance sheet. However, during the last nine months of 2022, the number of bitcoin stored in these types of treasuries dropped by 57,481 bitcoin, worth around $1.1 billion using today’s exchange rates. $1.1 Billion Worth of Bitcoin Has Been Removed From the Treasuries List On October 17, 2022, 65 companies, ETPs, and countries hold bitcoin (BTC) on their balance sheet. The data stems from the bitcoin treasuries list , which aggregates the current bitcoin holdings in publicly traded and private companies, ETPs, and countries. At the time of writing and as of September 8, 2022, the bitcoin treasuries list indicates that roughly 65 of the aforementioned types of entities own approximately 1,443,925 BTC or 6.876% of the 21 million capped supply. While the balance is a large sum, 57,481 BTC worth $1.1 billion has been erased from the bitco...