Tag: grayscale trusts
Genesis Global Capital Moves to Liquidate $1.6 Billion in Grayscale Trusts Amid Bankruptcy
Genesis Global Capital has petitioned the U.S. Bankruptcy Court to sell off its Grayscale Bitcoin, Ethereum, and Ethereum Classic Trust holdings, totaling approximately $1.6...
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FTX Receives Court Consent to Sell Assets From Grayscale, Bitwise Trusts
FTX and affiated debtors intend on selling $691 million from five Grayscale trusts and $53 million from one Bitwise trust. ...
FTX Cleared to Sell $873 Million in Grayscale Bitcoin Trust Shares and Other Holdings – Decrypt
As the FTX bankruptcy saga continues, advisors for the collapsed crypto exchange have received court approval to sell assets held in digital trusts from...
Grayscale Solana Trust Shares Surge To Insane 784% Premium
Shares in Grayscale’s Solana Trust have more than doubled in the past week, surging to nine times the price of the Solana token.GSOL shares...
Solana Price Prediction: SOL Surges 156% In A Month, Shrugging Off FTX Asset Sales. Can It Repeat The Feat By Christmas?
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The Solana price has skyrocketed 156% in one month to hit an...
FTX Asks to Sell $744M in Assets From Grayscale, Bitwise Trusts
The collapsed crypto exchange and its debtors told a bankruptcy court the sale would make it easier and cheaper to repay creditors. ...
FTX Wants to Sell $744M Worth of Grayscale, Bitwise Assets
The “trust assets” are held in five Grayscale Trusts, totaling an estimated $691 million, and one trust managed by Bitwise, amounting to $53 million,...
BlackRock’s Bitcoin ETF Filing Fuels Grayscale’s Climb Towards 2023 Peak
Grayscale Bitcoin Trust nears 2023 highs as BlackRock files for a Bitcoin ETF. BlackRock’s filing stirs hopes of launching the first U.S. Bitcoin...
FTX’s Alameda sues Grayscale over crypto trusts
Bankrupt FTX.com trading affiliate Alameda has filed a lawsuit against crypto conglomerate Digital Currency Group (DCG) and its asset management business Grayscale over the...
Digital Currency Group Reports Over $1 Billion Loss Due to 3AC Collapse
Digital Currency Group (DCG), a cryptocurrency venture capital conglomerate, has reported losses of over $1 billion in 2022. The losses were primarily due to...
Barry Silbert is Now Broke
Barry Silbert, the boy that spent his bar mitzvah money to trade baseball cards, now has no money.
Forbes, which specializes in estimating net worth,...
Prominent Research Firm Issues a Warning. Here’s What Will Happen if DCG Files for Bankruptcy
Arcane Research, in a new report, has highlighted that investors should keep an eye on Digital Currency Group’s (DCG) prolonged financial troubles because it...
Genesis Claims Are Selling for 35p to the Dollar
A seemingly coordinated sell-off this Saturday in assets held by the Digital Currency Group (DCG), like Filecoin and Flow, has apparently opened a ‘dark...
