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
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