Grayscale bitcoin
if the cryptocurrency exchange is the largest bitcoin warehouse, people may not be surprised. 6.7% (about $9.8 billion) of bitcoin currently in circulation are held by cryptocurrency exchanges however, more interestingly, despite the long bear market, the bitcoin reserves of these exchanges have been increasing no matter "up or down"
in the past two years, BTC inventories of eight exchanges including Kraken, bitstamp and binance have increased steadily. This is in sharp contrast to the volatility bitcoin has experienced since March 2017. These largest bitcoin holders continue to have confidence in the cryptocurrency market and continue to increase their share regardless of market conditions
if you imagine yourself as a big fish in an infill pond, it may become easier in the future. As bitco reported a few weeks ago, the number of BTCs you need to be a whale may change over time. If you believe in some theories, holding a bitcoin may give you enough power to influence the market
although others disagree, they point out that one of the 21 million bitcoins is very "insignificant". So no matter what the situation is, no matter how many bitcoins you have, keep a positive attitude
in 2015, gray investment company was incorporated into the newly established digital currency group (DCG). In addition to gray investment company, DCG also has two subsidiaries, namely, genesis, a cryptocurrency OTC broker, coindesk, a blockchain media platform, and more than 150 other blockchain companies / projects
in addition to bitcoin trust fund, gray investment company also launched eth, BCH, etc, LTC, XRP and other cryptocurrency trust funds, as well as grayscale digital large capital fund including mainstream currencies
the Xueshuo innovation blockchain Technology Workstation of Lianqiao ecation online is the only approved "blockchain Technology Specialty" pilot workstation of "smart learning workshop 2020 Xueshuo innovation workstation" launched by the school planning, construction and development center of the Ministry of ecation of China. Based on providing diversified growth paths for students, the professional station promotes the reform of the training mode of the combination of professional degree research, proction, learning and research, and constructs the applied and compound talent training system.
The rapid rise of bitcoin's price comes from the fact that its use value is graally recognized by popular business services such as green ecology. For example, Jack Dorsey, the founder of Twitter and square, made a high-profile promotion and planning of BTC in Silicon Valley in the United States, which is also called the original ecological currency of the next generation Internet technology, and announced the purchase of $50 million BTC< naturally, apart from the Internet technology circle, it is also like the BTC Private Fund released by grayscale, a financial enterprise, which helps traditional financial enterprises get BTC financial planning
at present, the total position cost of BTC commodity futures is about 6.3 billion, which has increased 133% since the beginning of this year and constantly updated new historical records. Unlike the spot trading market, the increase of non compulsory position closing trading position of derivative procts in zero sum game indicates the contradiction level between buyers and sellers on spot trading base price strong>
29 well-known companies in the world hold more than US $30 billion in digital assets
recently, a new trend has emerged, because many well-known companies have decided to use bitcoin (BTC) for reserves rather than traditional assets. After MicroStrategy bought $250 million worth of BTC, the trend became popular. Soon after, the company continued to buy more bitcoin. After several purchases, MicroStrategy has increased its holdings to 70470 BTC or. 336% of its supply. After the acquisition of MicroStrategy, square Inc. and other companies began to acquire. And ruffer investments joined the bitcoin buying trend
according to bitpointstudies.org, a portal, many companies hold more than 1.1 million bitcoins or more than $30 billion worth of encryption assets. After MicroStrategy, a billion dollar company, bought $250 million worth of bitcoin in August, the large amount of bitcoin reserves held by well-known companies began to expand. Now 29 companies hold cryptocurrency instead of traditional reserves such as stocks and cash
so far, a total of 29 companies have been listed on bitpointresearches.org, which divides all companies into three different parts. Publicly traded, private and ETF like holders

mining Corp., Voyager digital Ltd., riot blockchain, Inc., bit digital, Inc., coin citadel Inc., advanced bitcoin Technologies AG, digitalx, hive blockchain, cypherpunk Holdings Inc., big digital assets Inc, The 15 publicly traded companies, Argo blockchain and frmo Corp., have a total market value of about 100003 and 160; BTC, the private company holding bitcoin funds, includes four private companies, including mtgox KK, block.one, tezos foundation and stone ridge holdings group. Among the reserves of all four companies, the total market value of private companies is 317383-160 more than that of listed companies; BTC
at the bottom of bitpointstudies.org, there are nine ETF like holders, including grayscale bitcoin trust, coinshares, ruffer investment, 3iq the bitcoin fund, grayscale digital large cap, bitwise 10 crypto index fund, WisdomTree bitcoin, 21shares AG, etc & 160; Group's bitcoin ETP
including tahini & x27, a Canadian restaurant chain; S and snappa, a Canadian graphics software company. Tahini's restaurant chain revealed that it converted all of its cash reserves into BTC, while snappa said it spent 40% of its cash reserves on bitcoin transactions. Mogo, a Canadian listed company, has just announced that it will invest 1.5% of its reserves in bitcoin and plans to buy more next year. When tahini decided to tell his financial adviser that he would buy bitcoin immediately, he suggested using gold. The owner of the restaurant said the precious metal gold has become a reliable haven
the company tweeted: &“ We looked at our financial adviser and told him that because of bitcoin, gold would become a scam. " Tashini added: "he laughed and condescended back to the 6000 year argument."
transferring bitcoin to the other end of the earth is as simple, low-cost and unlimited as sending e-mail
As a result, bitcoin is used in cross-border trade, payment, remittance and other fields Strong>
first: benefiting from the loose monetary policy of the Federal Reserve,
suffered from the COVID-19 pandemic this year. In order to solve the liquidity crisis and stimulate the economy, the Fed injected a large amount of liquidity into the US dollar, causing huge fluctuations in the global financial market, including the digital money market. P>
second: the occurrence of COVID-19, the hedging attribute of bitcoin
COVID-19 epidemic has swept across many countries in the world, and has also had a great impact on enterprises and investment circles. p>
in the Research Report of grayscale investment, it is mentioned that two thirds of the respondents who have invested in bitcoin in the past four months said that the new coronavirus epidemic affected their decision to invest in bitcoin
Bitcoin has been making a lot of noise now. It seems that everyone has become an expert of bitcoin for a while, so the price of bitcoin has come to 31000 US dollars. Whether or not to invest in bitcoin now is whether the price of bitcoin will continue to rise in the future, which is a topic that many people are concerned about, So today I'd like to share with you some of my views on bitcoin, so that you can understand what is behind bitcoin
there are also many people who choose to invest in bitcoin, but I can't stop them. Although the price of bitcoin is high, we also need to know the proportion of our own investment. As an investor, if we can't understand the risks and the benefits behind it, we should not make this investment. Bitcoin is a strange field for many people, so I hope you don't listen to other people's rumors and enter the bitcoin market blankly. Although bitcoin is constantly appreciating, it's not something we can earn
