Tag: Grayscale

  • Bitcoin 'Stronger’ Ahead of Halving: Grayscale

    “Historically, block rewards have introduced potential sell pressure to the market, with the possibility that all newly mined bitcoin could be sold, impacting prices,” Zhao wrote. “Currently, 6.25 bitcoin mined per block equates to approximately $14 billion annually (assuming bitcoin price is $43K).” Bitcoin 'Stronger’ Ahead of Halving: Grayscale

  • Alameda Research drops suit against Grayscale as GBTC sees outflows

    Alameda Research has dropped its lawsuit against Grayscale Investments. The suit was filed in March 2023 and sought injunctive relief against practices it claimed were suppressing the value of FTX debtors’ assets. Alameda Research’s suit sought a court order against the charging of management fees in violation of trust agreements. Those fees had amounted to…