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23
Nov, 2020

News of the Week (16 -22 November)

1. Grayscale Surpasses $10 Billion Assets Under Management

Grayscale Investments, known for digital asset management, surpasses $10 billion in assets under management

https://www.coindesk.com/grayscale-bitcoin-digital-assets-milestone

 

2. Institutional Investors Help Bitcoin’s Price Surge

Financial products from institutional investors base in Bitcoin and other cryptocurrencies, drive Bitcoin’s price in new high levels.

https://cointelegraph.com/news/institutions-help-drive-rally-as-bitcoin-etp-volumes-surge-50

 

3. Bitcoin Suisse Expected to Offer Ethereum Staking

Before Christmas period, Bitcoin Suisse is expected to launch a staking service for Ethereum holders

https://cointelegraph.com/news/bitcoin-suisse-expects-to-offer-ethereum-staking-before-christmas

 

4. Bitcoin Mining Profits Exploded

Given the price’s surge, the revenue and profits from Bitcoin mining reach $20 million at daily basis

https://cointelegraph.com/news/bitcoin-mining-revenue-hits-yearly-high-after-return-to-pre-halving-levels

 

5. Winning Poker Network Gives 95 % of Players’ Profits in Bitcoin

95 % of poker players ask to cash out their profits in Bitcoin, making the company to buy even more bitcoins every time.

https://cointelegraph.com/news/poker-network-now-gives-95-of-payouts-in-bitcoin-around-160m-monthly