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?
Ripple’s XRP has been stuck in a long term contracting triangle, which in itself means the range for the crypto has been on the low side with each passing day, which means lower volatility, till the time it reaches a breakout point which could be on either side. Continue reading Ripple’s XRP Stuck in a contracting triangle