BlackRock’s Spot Bitcoin ETF Hits $1 Billion AUM in First Week.
January 12 marked the beginning of trading for the asset manager’s iShares Bitcoin Trust. Statistics reveal that out of IBIT’s total assets, 99% are bitcoin. With $1 billion in assets…
Singapore Strikes Out Spot Bitcoin ETFs for Retail Investors.
Singaporean retail investors may still participate in Spot Bitcoin ETFs listed elsewhere. The regulatory body also cautioned those buying Bitcoin ETFs in foreign markets. After receiving clearance from the U.S…
Donald Trump Opposes CBDC in Latest Campaign Address.
Trump is worried about the dangers of debanking and political weaponization. Bitcoin and other cryptos were strongly opposed by Trump when he was president. There has been some talk about…
Ethereum Faces Bearish Pressure as Brief Correction Underway.
At the time of writing, ETH is trading at $2517, down 0.98% in the last 24 hours.If the price manages to go above $2611 level, then it will likely test…
Fidelity Sees Recent BTC Sales as Short-Term ‘Hangover’ Post-Spot Bitcoin ETF Launch.
Timmer believes the situation is a “sell-the-news moment” where participants may have “equitized” future spot positions via futures markets.Jurrien Timmer, Fidelity’s Director of Global Macro, has expressed the view that…
Litecoin Shows Resilience and Potential for Upside Amidst Key Developments.
Litecoin’s price declined from its peak of $115 in July 2023 to a low of $56 in August.A higher low was created in Litecoin’s price, indicating an ascending support trendline…
JPMorgan CEO Jamie Dimon Warns Against Bitcoin Investments.
The comment is the most recent in Dimon’s string of criticism directed against Bitcoin. Although Dimon was dismissive of Bitcoin, he did voice his support for blockchain technology. The chief…
Crypto Trader Capitalizes on Elon Musk’s Twitter Bio Change and makes $1 Million Profits
Musk’s profile change gained attention, driving a surge in TROLL token – 251% increase in under 24 hours and 13,208% rise in six days.A cryptocurrency trader who invested $10,000 in…
ETH Stays Above $2500 Amidst Weak Market. Signal for Bullish Trend?
ETH surpasses $2,550 resistance, eyes $2,800 breakout for a potential uptrend toward $3,000.Ethereum daily transactions on the blockchain peaked at a three-year high of around 1.96M.In the wake of Bitcoin’s…
U.S. Treasury and IRS Delay Digital Asset Transactions Reporting.
Receipt of digital assets must be reported by enterprises involved in trade or commerce.The guidelines also necessitate revealing information, including the sender’s personal data.U.S. Treasury and IRS officials have stated…