In an unprecedented move, the US has recently greenlit the trading of several Bitcoin exchange-traded funds (ETFs), marking a significant milestone in the integration of cryptocurrency into mainstream financial markets. Among these, BlackRock’s iShares Bitcoin Trust (IBIT) and the Fidelity…
Blackrock’s iShares Bitcoin Trust (iBit) Surpasses $3.5 Billion in Trading Volume
Since its launch, the iShares Bitcoin Trust (iBit) has taken the financial world by storm, marking a significant milestone in the integration of cryptocurrency with mainstream finance. In just over a week, iBit has seen remarkable trading volumes, exceeding $3.5…
BlackRock and Ark Lower Bitcoin ETF Fees Once Again nearing the SEC Deadline
The world of cryptocurrency investment is witnessing a significant shift with the advent of Bitcoin Exchange-Traded Funds (ETFs). This change heralds a new era for investors, offering a streamlined and regulated avenue for engaging with digital assets. The recent developments…
Ark and BlackRock in Crypto ETF Race as SEC Decision Looms
The landscape of digital assets is on the verge of a significant shift as several prospective issuers, including Ark, Fidelity, Invesco, Galaxy Digital, and WisdomTree, filed amended forms for their applications for exchange-traded funds (ETFs) investing directly in Bitcoin in…
Unlocking Bitcoin Future: BlackRock, ETFs, and Institutional Influence
BlackRock potential involvement in Bitcoin has sparked numerous discussions, particularly with insights shared by James Lavish in a recent interview. Lavish, an advocate for Bitcoin, emphasized the vital role of institutions and their perspectives on this digital currency. As BlackRock…
JPMorgan Identified as Authorized Participant in BlackRock’s Bitcoin ETF
In an exciting development for the cryptocurrency market, BlackRock, the renowned asset management giant, has recently disclosed significant new information regarding its proposed spot bitcoin exchange-traded fund (ETF). The company has revealed the identities of its intended authorized participants (APs),…
BlackRock Submits Application for Spot Ethereum ETF with the SEC
In the ever-evolving world of cryptocurrencies, as reported by CNBC television, we bring you the latest insights and developments from the crypto space. Join us as we dive into the current market conditions, explore regulatory updates, and provide valuable analysis…
BlackRock Identifies Risks of USDT and USDC Stablecoins to Bitcoin
The BlackRock Spot Bitcoin ETF filing has recently made waves in the digital asset sector, capturing the attention of market participants and enthusiasts worldwide. As the largest asset manager globally, BlackRock’s decision to pursue a Spot Bitcoin ETF has garnered…
Nasdaq Submits Proposal for SEC Rule Amendment Enabling Ethereum ETF Spot Trading
Nasdaq has filed a proposal with the U.S. Securities and Exchange Commission (SEC) seeking approval to list BlackRock’s spot Ethereum exchange-traded fund (ETF). This move follows the SEC’s recent approval of Ethereum-based futures ETFs in October, which has paved the…
Midas: Bridging the Gap Between Traditional Finance and Crypto with a Stablecoin Backed by U.S. Treasuries
Midas, a groundbreaking addition to the growing convergence between the world of cryptocurrencies and traditional finance, is set to make waves in the decentralized finance (DeFi) space. With its stUSD token, Midas aims to unleash the power of its stablecoin,…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York were presented with divergent narratives regarding his alleged manipulation of the Mango Markets cryptocurrency exchange, resulting in the theft of a staggering $110 million. The…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
