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Cleva, a Nigerian fintech startup, has successfully raised $1.5 million in pre-seed funding, with support from Y Combinator, a prominent technology startup accelerator in the United States. The funding round was led by 1984 Ventures, an early-stage venture capital firm, and included participation from The Raba Partnership, Byld Ventures, Firstcheck Africa, and a number of […]

Peter Brandt's Perspective on Bitcoin ETFs According to veteran trader Peter Brandt, the current hype around bitcoin exchange-traded funds (ETFs) may serve as a signal for experienced traders to sell their holdings. Brandt also believes that the anticipated approval of spot bitcoin ETFs can be seen as a classic "buy the rumor, sell the news

Introduction In the wake of the recent approval of spot bitcoin exchange-traded funds (ETFs), U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has issued a statement to clarify the regulator's stance on bitcoin and cryptocurrency. While approving spot bitcoin ETFs, Gensler emphasizes that this does not signify the SEC's endorsement of bitcoin or other

Self-Directed gold IRAs are fantastic because they let you invest in precious metals, without having to work with middlemen. These accounts are so simple , even your grandma could do it! When you purchase physical gold, silver platinum, palladium and the rhodium coins, bars rounds, and bullion, you get immediate liquidity. However, if you wish

The highly anticipated launch of U.S. spot bitcoin exchange-traded funds (ETFs) sparked a trading frenzy on their inaugural day of trading, accumulating a combined trading volume of $4.6 billion. Blackrock, the world's largest asset manager, made a strong debut with over $1 billion in trading volume for its Ishares Bitcoin Trust (IBIT). Fidelity Wise Origin

Introduction An independent nonprofit organization has expressed its disappointment and concern over the recent approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). Better Markets, a nonprofit organization dedicated to promoting public interest in financial markets and the economy, argues that the approval has allowed for the mass marketing

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, 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

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

The Leading Bitcoin ETFs and Their Holdings Following the launch of the first spot bitcoin exchange-traded funds (ETFs) in the United States, data has emerged about the bitcoin holdings of these funds. Blackrock currently holds the largest amount of bitcoin among these funds, excluding Grayscale's GBTC. They possess an impressive 11,439 bitcoin. Additionally, both the