Grayscale Report Shows The Good, The Bad, And The Ugly Of The Cardano Network
Cardano featured in the latest release of the Grayscale Building Blocks, a monthly publication from one of the leading crypto funds in the world. The report focused solely on the third-largest cryptocurrency by market cap. An exposé of sorts. The report went through various aspects of Cardano, including its creation, leadership, community, and so forth. Cardano is the third-largest holding of Grayscale in its GDLC Fund (Grayscale Digital Large Cap Fund). This is why the asset manager has taken a vested interest in the asset and is educating its investors on one of its largest crypto....
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Grayscale has just added Cardano to its Digital Large Cap Fund. The top asset management firm announced its quarterly rebalancing that brought up Cardano to be the third-largest holdings of the company. Welcome aboard, #Cardano. We have adjusted the portfolio of Grayscale Digital Large Cap Fund to now include $ADA. — Grayscale (@Grayscale) July 2, […]
Cardano has been added to Grayscale Investments’ large-cap cryptocurrency fund. It is now the third-largest component of the fund after bitcoin and ether. Grayscale Investments, the world’s largest digital currency asset manager, announced Friday the addition of cardano to its Digital Large Cap Fund (OTCQX: GDLC). Grayscale described this fund as “a passive, rules-based strategy that seeks to provide exposure to 70% of the digital asset market.” The announcement followed a quarterly review and rebalancing of the fund. The company explained: In accordance with the....
Earlier this week, cryptocurrency asset manager Grayscale Investments announced that it had added Cardano (ADA) to its digital large cap fund (GDLC) — marking the crypto project as the fund’s third largest component. Cardano is a decentralized proof-of-stake smart contract platform headed by Charles Hoskinson, one of the co-founders of Ethereum. Despite having no working […]
It’s time to turn our heads to the Arabic world. How does the Qatar-based international news station Aljazeera sees El Salvador’s Bitcoin Law? Are they as lost as western media or can they handle themselves in the cryptocurrency space? Well, their journalistic report is balanced and complete. Aljazeera gives you the good and the bad. […]
Cardano has often come under fire from those in the crypto space who have often mocked the apparent ‘lack of growth’ of the network. This has been especially more prominent when it comes to the decentralized finance (DeFi) part of the blockchain, as it continues to remain well behind its counterparts in the sector. However, the talks of Cardano being a ‘dead’ blockchain could not be further from the truth given how much development is being carried out. One Of The Most Active The developments that are being carried out on the Cardano network go to show just how much the blockchain is....