Author name: Peter

BlackRock CEO Larry Fink: Bitcoin is an Asset Class that Protects You

featured /

Shifting the Narrative: Bitcoin as a Protective Asset In a recent interview with CNBC, BlackRock CEO Larry Fink expressed a positive perspective on Bitcoin, stating that it "is an asset that protects you." Fink compared Bitcoin to gold, emphasizing its role as a safeguard against geopolitical risks and personal uncertainties. This recognition from the head […]

BlackRock CEO Larry Fink: Bitcoin is an Asset Class that Protects You Read More »

GBTC’s Closing NAV Discount and Steep Fees Trigger Outflows, ETF Analyst Expects ‘More Over Time’

gold ira /

Reduced NAV Discount Prompts GBTC Outflows Last week, the U.S. Securities and Exchange Commission (SEC) approved the debut of 11 diverse spot bitcoin exchange-traded funds (ETFs). These ETFs experienced a substantial $7.65 billion in trading volume in their initial two days on the market. While new entrants enjoyed strong inflows, Grayscale's GBTC encountered notable outflows.

GBTC’s Closing NAV Discount and Steep Fees Trigger Outflows, ETF Analyst Expects ‘More Over Time’ Read More »

Affected Crypto Stock Declines Raise Concerns for Investors

gold ira /

Spot Bitcoin ETFs Experience High Trading Activity While spot bitcoin exchange-traded funds (ETFs) saw significant trading activity on Thursday and Friday, publicly-listed crypto companies faced a different fate. The market closure on Friday resulted in notable losses for several equities. Marathon Digital Holdings' shares, for example, plummeted by over 15%, and Coinbase Global's stock registered

Affected Crypto Stock Declines Raise Concerns for Investors Read More »

BlackRock Introduces Spot Bitcoin ETF for Trading in Brazil

featured /

BlackRock, a prominent financial institution, is set to launch its spot Bitcoin exchange-traded fund (ETF) in Brazil on Friday. This move comes after the announcement that the Brazilian Depositary Receipts (BDRs) of BlackRock's iShares Bitcoin Trust ETF (IBIT39) will start trading on B3, Brazil's stock exchange. BlackRock's Vision for Digital Assets The President of BlackRock

BlackRock Introduces Spot Bitcoin ETF for Trading in Brazil Read More »

Dollar Could be on Verge of Moving Higher Could Offer Gold Resistance; Ira’s Metals Video 2 29 2024

gold ira /

Self-Directed gold IRAs are great as they allow you to place your money in the precious metals without having to deal with any middlemen. In fact, these accounts are so easy that even your grandmother could manage it! When you buy physical gold, silver platinum, palladium and Rhodium bars, coins, rounds, and bullion, you’ll get

Dollar Could be on Verge of Moving Higher Could Offer Gold Resistance; Ira’s Metals Video 2 29 2024 Read More »

Weekly NFT Sales Reach $311 Million With Bitcoin Leading, Ethereum and Polygon See Impressive Growth

crypto ira /

Overview of NFT Sales In the last week, the non-fungible token (NFT) market witnessed total sales of $311.31 million. This represents a slight increase of 0.05% compared to the previous week. Despite this overall growth, NFT sales on the Bitcoin blockchain experienced a decrease of 19.12% from the previous week. Bitcoin Dominates NFT Sales Out

Weekly NFT Sales Reach $311 Million With Bitcoin Leading, Ethereum and Polygon See Impressive Growth Read More »

Vanguard Doubles Down on Anti-Bitcoin Stance, Blocks Access to Spot Bitcoin ETFs

featured /

Investing Giant Vanguard Blocks Access to Spot Bitcoin ETFs Investing giant Vanguard has reaffirmed its anti-bitcoin and anti-crypto policy by disallowing investors from accessing spot bitcoin exchange-traded funds (ETFs) that were recently approved by the U.S. Securities and Exchange Commission (SEC). Additionally, Vanguard has announced that it will no longer accept the purchase of cryptocurrency

Vanguard Doubles Down on Anti-Bitcoin Stance, Blocks Access to Spot Bitcoin ETFs Read More »

Spot Bitcoin ETF Approvals, Ethereum’s Outperformance, BTC Mystery Transfer, and More — Week in Review

gold ira /

SEC Approves 11 Spot Bitcoin ETFs The U.S. Securities and Exchange Commission (SEC) has made a historic move by approving 11 spot bitcoin exchange-traded funds (ETFs) for listing and trading on U.S. stock exchanges. This long-awaited approval paves the way for these ETFs to start trading on Thursday on NYSE Arca, Nasdaq, and Cboe BZX

Spot Bitcoin ETF Approvals, Ethereum’s Outperformance, BTC Mystery Transfer, and More — Week in Review Read More »

Edward Snowden Predicts Government Purchase of Bitcoin in 2024

news /

Renowned whistleblower Edward Snowden has made a bold prediction, suggesting that a national government will enter the Bitcoin market this year by purchasing BTC. Snowden's Prediction Snowden stated, "Prediction: A national government will be revealed this year to have been buying Bitcoin—the modern replacement for monetary gold—without having disclosed that fact publicly." Institutional Interest in

Edward Snowden Predicts Government Purchase of Bitcoin in 2024 Read More »