BlackRock's spot bitcoin ETF (exchange traded funds) hit $1 billion in assets in the first four days of trading.
Bitcoin
US bitcoin ETFs saw $4.6 billion worth of shares trade hands as of Thursday afternoon, according to LSEG data.
U.S. stock index futures edged higher on Thursday ahead of a consumer inflation print that could test hopes of an early start to interest-rate cuts, while crypto stocks rose after regulatory approval for exchange-traded funds tracking Bitcoin. The benchmark S&P 500 has recovered nearly 17% from its October lows, gaining steam in December after the […]
In just a few years, blockchain, the technology that powers cryptocurrencies such as Bitcoin and Ethereum, has gone from irrelevancy to becoming a hot subject. Several national leaders have joined the blockchain ecosystem as they recognize its multifaceted applications. Agencies are starting to trial and test blockchain applications for payments, supply chains, identity management, secure data […]
Bitcoin, the groundbreaking cryptocurrency that introduced the world to blockchain technology, has witnessed tremendous growth and captured the attention of investors, technologists, and financial institutions. As it forges into the future, Bitcoin faces several challenges that may impact its widespread adoption and integration into the global financial system. In this article, what challenges lie ahead […]
Will First Republic Bank Collapse be a catalyst for a new digital banking system? Will it be linked to the rise of CBDC and cryptocurrencies.
An Analysis of Bitcoin’s Resilience and its Future Outlook Bitcoin, the world’s first decentralized digital currency, has been on a rollercoaster ride since its inception. Its price has seen massive fluctuations, from a few cents to its all-time high of almost $65,000. While its volatility is well-known, Bitcoin’s resilience in the face of market crashes […]
Bullish bitcoin has been a surprise winner of the banking blowout. Yet investors aiming to amp up their bets face an ominous obstacle: a lack of liquidity that could trigger wild price swings. The price of the No.1 cryptocurrency has jumped 40% to around $27,700 since March 10, when the failure of Silicon Valley Bank […]
At the turn of the year, bitcoin was in the grip of a bleak midwinter, down and out after a 2022 defined by tumbling crypto prices, bankruptcies and corporate scandals. Less than three months later, bitcoin’s got its mojo back. With gains of more than 70% so far this year, it has outpaced other major […]
For investors living on the digital edge, bitcoin is starting to look a little old-fashioned. Hooked on high growth, some are turning away from the original cryptocurrency – designed as an alternative to regular cash – in favor of its descendants created as native tokens of blockchain platforms that host smart contracts and apps. MarketVector’s […]