Times are good at Grayscale Investments, which has had the wind at its back lately. The digital asset investment firm just experienced its best quarter ever, as evidenced by a record-setting $254.9 million flowing into its funds in Q3 2019, which is about three times as much as Q2 results of roughly $85 million. Much of the funds are being directed toward bitcoin via the Grayscale Bitcoin Trust, with more than $170 million flooding the flagship fund and setting yet another record for the firm. Grayscale’s trend of attracting institutional capital from the likes of hedge funds persisted, with more than three-quarters of inflows originating from this group. Continue reading Grayscale Reveals Blockbuster Q3. So Why Is Bitcoin Stuck?
From the bullish spending habits of Twitter CEO Jack Dorsey to a big move at IOTA, here’s a look at some of the stories breaking in the world of crypto. Continue reading Twitter CEO Reveals Bitcoin Buying Spree, Plus Ripple and XRP, Ethereum, Tron, Litecoin, Cardano, Maker, IOTA
Samsung has revealed four of its blockchain partners—bitcoin, ethereum, enjin, and cosmee—for the new Galaxy S10 mobile phone, CoinDesk reports. Partners’ logos have been featured in the Samsung Mobile Business Summit session at MWC Barcelona 2019 on Feb. 25. Continue reading Samsung reveals Galaxy S10 blockchain partners
Shift Card, a US-based VISA credit/debit cryptocurrency card that enabled consumers to spend directly from their Coinbase wallets, has announced that it will be shutting down. Continue reading Shift Card Shuts Down, Reveals Importance of Direct Merchant Adoption
Litecoin plans to release the new upgrade, Litecoin Core 0.17, very soon, but there are many benefits that will come with it. The biggest feature that users will now have lower network fees by 10x. Presently, for each KB, the network’s rate is Ł0.001 or ~$0.05. As the new upgrade will be implemented, the rate will be reduced to “Ł0.0001 per KB or ~ $0.005, half a cent and back at 2015 levels.” Continue reading Litecoin Reveals Lowered LTC Transaction Fees in the Next Core Release by 10x