Fink's Belief in Bitcoin Larry Fink, the CEO of Blackrock, the world's largest asset manager, has expressed his strong belief in bitcoin, stating that it is "bigger than any government." Fink compared the cryptocurrency to digital gold, highlighting its potential as a long-term store of value. He emphasized that unlike gold, where new supply can […]
Blackrock CEO Larry Fink: Bitcoin is Bigger Than Any Government Read More »
Blackrock's Ishares Bitcoin Trust's BTC Holdings Blackrock's spot bitcoin exchange-traded fund (ETF), known as the Ishares Bitcoin Trust (IBIT), has recently acquired 11,439 bitcoin. This amounts to a market value of approximately $500 million. The ETF began trading on the Nasdaq stock exchange just two days ago. It is worth noting that the U.S. Securities
Blackrock’s Spot Bitcoin ETF Acquires 11,439 BTC Worth $500 Million Read More »
U.S. Senator Elizabeth Warren has expressed her disapproval of the U.S. Securities and Exchange Commission (SEC) for approving spot bitcoin exchange-traded funds (ETFs). She strongly believes that the securities regulator is making a mistake both legally and in terms of policy when it comes to the decision on bitcoin ETFs. Senator Warren's Criticism of SEC's
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Introduction Cathie Wood, the CEO of Ark Investment Management (Ark Invest), has reiterated her optimistic bitcoin price predictions, now suggesting a higher likelihood of the cryptocurrency's value surging to $1.5 million per coin. Wood emphasized that the recent approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) has further
Introduction Recent blockchain analytics have revealed that Grayscale's Bitcoin Trust (GBTC) has transferred 4,000 bitcoins, worth approximately $175 million, to Coinbase. These transfers were conducted in four separate batches of 1,000 bitcoins each. The news of these transactions comes at a time when the financial world is abuzz with the debut of a new spot
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Vanguard's Stance on Spot Bitcoin ETFs Several investment firms, including Vanguard, have decided to block customers from trading spot bitcoin exchange-traded funds (ETFs). According to Vanguard, these products do not align with their focus on asset classes such as equities, bonds, and cash. As a result, some dissatisfied customers have closed their Vanguard accounts and
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SEC Commissioner Hester Peirce criticizes agency for holding back spot bitcoin ETFs SEC Commissioner Hester Peirce has expressed her disappointment with the delay in approving spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). In a statement, she criticized the agency's arbitrary and capricious treatment of applications, stating that it will
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Coinshares Strengthens Position in the US Market Coinshares International Limited has announced its acquisition of Valkyrie Funds LLC, a prominent digital asset manager based in the United States. The decision to acquire Valkyrie was driven by the recent approval of the company's spot bitcoin exchange-traded fund (ETF). The acquisition includes Valkyrie's range of exchange-traded products,
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Warren Davidson Rejects U.S. Treasury's Attempt to Ban Crypto Assets Warren Davidson, Vice Chairman of the Subcommittee on Digital Assets, Financial Technology, and Inclusion of the House Financial Services Committee, has vehemently rejected the policy suggestions put forth by the U.S. Treasury to regulate crypto assets. He argues that these proposals aim to effectively ban
Congressman Warren Davidson Criticizes U.S. Treasury’s Crypto Policy Proposals Read More »
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SHTF! Protect your retirement NOW! 4O1k & IRA to Gold & silver Read More »
