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Blackrock's Spot Bitcoin ETF Acquires 11,439 BTC Blackrock's spot bitcoin exchange-traded fund (ETF) has recently obtained 11,439 bitcoin, valued at approximately $500 million. This impressive acquisition occurred within just two days of trading on the Nasdaq stock exchange. The Ishares Bitcoin Trust, managed by Blackrock, was one of the 11 spot bitcoin ETFs approved by […]

Vanguard's Stance on Spot Bitcoin ETFs Several investment firms, including Vanguard, have made the decision to block customers from trading spot bitcoin exchange-traded funds (ETFs). Vanguard, a leading investment firm, explained that these products do not align with their focus on asset classes such as equities, bonds, and cash. As a result, customers who were

Lawmakers Call for Briefing on SEC's Compromised X Account Four U.S. lawmakers have written a letter to U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler, demanding a briefing on the SEC's compromised X account. The account was breached, leading to a false tweet on January 9 announcing the approval of bitcoin exchange-traded funds (ETFs),

US Spot Bitcoin ETFs to Debut on Thursday The long-awaited U.S. spot bitcoin exchange-traded funds (ETFs) will finally commence trading. The Securities and Exchange Commission (SEC) approved 11 spot bitcoin ETFs on Wednesday to be listed and traded on the NYSE Arca exchange, the Nasdaq stock exchange, and the Cboe BZX Exchange. The three exchanges

Cramer's View on Bitcoin Jim Cramer, the host of CNBC's Mad Money show, recently expressed his opinion on bitcoin. He acknowledged that bitcoin is a technological marvel that cannot be killed and emphasized that people need to recognize that it's here to stay. However, he also stated that he believes bitcoin is topping out. Crypto

With the retirement of Rep. Blaine Luetkemeyer (R-Mo.) at the end of 2024, there is a possibility for a more favorable approach towards cryptocurrency regulation in the House Financial Services Committee. Rep. French Hill (R-Ark.) is likely to take the lead in this new era. Shift in House Financial Services Committee Leadership Could Lead to

Janet Yellen's Optimistic View on the U.S. Economy Janet Yellen, U.S. Treasury Secretary and former Chairman of the U.S. Federal Reserve, believes that the recent improvements in the American economy show that the country has achieved a soft landing. For Yellen, the recent low figures of inflation and the strength of the labor market are

Introduction Microstrategy's executive chairman, Michael Saylor, has raised concerns about the rise of new bitcoin giveaway scams that involve the use of AI-generated deepfake videos featuring him and his company. Saylor emphasizes that there is no such thing as a free lunch and urges investors to be cautious. Deepfake Videos Targeting Cryptocurrency Investors A growing

Circle's USDC, which is typically pegged to the dollar, encountered unexpected volatility on the Binance exchange platform. Its value dropped as low as $0.76 amidst a market that was shaken by skepticism surrounding the approval of a Bitcoin ETF and a significant liquidation in derivatives. USDC Depreciates Temporarily on Binance Amidst Crypto Market Sell-Off In

Bitcoin Obituaries Dwindle in 2023 Bitcoin, the world's most popular cryptocurrency, has faced numerous predictions of its demise over the years. However, the year 2023 saw a significant decline in such "death calls." According to the Bitcoin Obituaries list on 99bitcoins.com, there were only eight declarations of bitcoin's end in 2023, compared to 47 and