{"headers":{"Content-Type":"application\/x-www-form-urlencoded"},"body":"source_lang=&target_lang=ES&tag_handling=xml&split_sentences=1&preserve_formatting=1&text=Israeli+firm+doubles+its+Bitcoin+profits+in+just+a+few+months&text=Altshuler+Shaham+Investment+House+has+double+its+cryptocurrency+investment+double+since+purchasing+Bitcoin+and+Ethereum+late+last+year.&text=Altshuler+Shaham+Investment+House%2C+an+investment+firm+in+Israel%2C+has+doubled+the+amount+of+money+it+has+after+taking+advantage+of+the+cryptocurrency+market%27s+bull+rally+late+last+year.+Through+the+Grayscale+Bitcoin+Trust%2C+the+Israeli+firm+managed+to+take+a+%24100+million+USD+investment+and+turn+it+into+%24200+million+USD.+At+present%2C+Grayscale+has+around+%2431.4+billion+USD+in+assets+under+management+%28AUM%29.+This+has+been+reported+to+weigh+in+at+a+significant+portion+of+the+%3Ca+href%3D%22https%3A%2F%2Fwww.coininsider.com%2Fes%2F101investing%2F%22%3Ecryptocurrency%3C%2Fa%3E+market%2C+enough+for+the+assets+management+firm+to+have+a+massive+opportunity+to+shift+the+market+if+it+makes+any+big+moves.%0A%0A%3Ca+href%3D%22https%3A%2F%2Fwww.globes.co.il%2Fnews%2Farticle.aspx%3Fdid%3D1001363654%22%3EGlobes%2C+a+publication+in+Israel%3C%2Fa%3E%2C+reported+that+the+firm+had+acquired+shares+in+Grayscale+towards+the+end+of+2020+when+%3Ca+href%3D%22https%3A%2F%2Fwww.coininsider.com%2Fes%2Fbitcoin-revolution%2F%22%3EBitcoin%3C%2Fa%3E+was+trading+around+the+%2421%2C000+USD+mark+-+which+was+an+all-time+high+at+the+time.+Gilad+Altshuler+told+Globes%3A%0A%0A%22%3Cem%3EThe+%24100+million+investment+has+become+%24200+million%2C+and+of+the+%24200+million+we+have+already+sold+about+a+third.+This+is+a+new+investment+for+us.+It+took+a+few+months+until+we+got+all+the+relevant+approvals+and+all+the+opinions+that+approved+our+investment+in+the+field.%3C%2Fem%3E%22%0A%0AAltshuler+continued+that+although+the+firm+has+sold+some+of+the+cryptocurrency+assets%2C+it%27s+possible+that+it+might+add+more+to+the+investment.+The+only+factor+that+might+change+this+is+the+price+of+the+cryptocurrency+and+how+quickly+it+shot+up+-+implying+that+it+might+bot+be+the+most+stable+bet.+As+Altshuler+stated%3A%0A%0A%3Cem%3E%22It+depends+on+the+price.+We+were+a+little+intimidated+by+the+speed+with+which+Bitcoin+reached+these+prices%2C+with+its+global+market+capitalization+crossing+the+%241+trillion+mark%2C+and+that+worried+us+a+bit.%22%3C%2Fem%3E%0A%0AThis+being+said%2C+this+is+not+the+first+time+the+firm+has+stepped+into+the+waters+of+cryptocurrency.+Back+in+2017+when+initial+coin+offerings+%28ICOs%29+were+at+a+peak%2C+the+firm+reportedly+had+positions+in+a+local+ICO.","timeout":15}