Author: News Room
Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), has significantly increased its bitcoin holdings, which have now surpassed 252,011 BTC, representing an approximate notional value of $18 billion. This substantial increase reflects a stronger-than-anticipated influx of retail investor demand, exceeding even the CEO’s initial expectations. Blackrock CEO Larry Fink: ‘I’m Pleasantly Surprised’ Blackrock, the world’s largest manager, has significantly increased the BTC holdings for its spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT). The Ishares Bitcoin Trust currently holds 252,011.40930 BTC, representing an approximate notional value of nearly $18 billion. Ishares Bitcoin Trust’s BTC holdings…
Coin98 has introduced an integration with Berachain Testnet on its Super Wallet, giving users more opportunities to explore the decentralized world. The Coin98 Super Wallet allows users to create or restore their wallets and send $BERA tokens on Berachain Testnet. Users can try out a wide range of dApps on the blockchain that are still in their early stages. Coin98 Super Wallet now integrates @berachain Testnet 🐻 – an EVM equivalent L1 built on top of the Cosmos SDK, using Proof of Liquidity (PoL) Consensus.🐻 Read more about this integration 👉 https://t.co/2VKOYbNMPbDownload #Coin98SuperWallet and discover the 🐻 #Berachain… pic.twitter.com/58rTWdu19M —…
Amid the pale performance of major “serious” segments, large-cap meme coins are surging again. One mid-sized meme crypto on the Base blockchain quadrupled in the last seven days. Top meme coins amid best performers: WIF, PEPE, FLOKI back to surging Amid the 100 largest cryptocurrencies by market capitalization, two meme coins managed to jump into the 10 best performers ranking. While the new ETFs triggered this crypto rally, memecoins like ‘dogwifhat’ are stealing the spotlight from Bitcoin https://t.co/A0ak1fTDWU — Bloomberg Markets (@markets) March 29, 2024 Last week, Bloomberg indicated a “comeback” of absurd cryptocurrency assets, commenting on the next phase…
According to Bitwise’s Chief Investment Officer, Matt Hougan, the Securities and Exchange Commission (SEC) is considering a delay in approving highly anticipated Ethereum exchange-traded funds (ETFs). This development comes on the heels of Bitwise Asset Management’s intention to list a spot Ethereum ETF. Potential Ethereum ETF Approval Delay Bitwise launched its spot Bitcoin ETF, the Bitwise Bitcoin ETF (BITB), on January 11. Since then, the ETF has seen a meteoric rise, amassing over $2 billion in assets and ranking fifth in the so-called “Cointucky Derby.” Hougan shared insights into the explosive growth of BITB and other spot ETFs, underscoring their…
Top meme cryptocurrency, Dogecoin (DOGE), is undergoing a short-term correction following several days of rallying, during which the coin maintained its price above the $0.20 support zone. From a broader perspective, DOGE’s sustained gains can be considered impressive amidst the ongoing crypto bull run, supported by sustained network development and trading patterns mirroring Bitcoin’s trajectory. Given the current price movement, a section of the Dogecoin community is eyeing the elusive $1 mark in 2024, particularly anticipating bullish catalysts such as Bitcoin halving. In this context, Finbold consulted Anthropic’s Claude 3 Opus AI platform, a competitor to OpenAI’s ChatGPT in the…
Ripple’s Chief Legal Officer, Stuart Alderoty, took to social media to express skepticism about the Securities and Exchange Commission’s (SEC) ability to substantiate its claims against Coinbase. He believes that the recent decision to grant the SEC’s lawsuit against Coinbase leave to go to trial poses a difficult phase for the SEC, as the latter must now provide solid evidence to substantiate its allegations. Read the full article here
The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the latest moves around crypto video games, we’re debuting This Week in Crypto Games. Our weekend roundup serves up the biggest news from the past week, along with a few other tidbits you might have missed. We also showcase a few…
According to Bitwise’s Chief Investment Officer, Matt Hougan, the Securities and Exchange Commission (SEC) is considering a delay in approving highly anticipated Ethereum exchange-traded funds (ETFs). This development comes on the heels of Bitwise Asset Management’s intention to list a spot Ethereum ETF. Potential Ethereum ETF Approval Delay Bitwise launched its spot Bitcoin ETF, the Bitwise Bitcoin ETF (BITB), on January 11. Since then, the ETF has seen a meteoric rise, amassing over $2 billion in assets and ranking fifth in the so-called “Cointucky Derby.” Hougan shared insights into the explosive growth of BITB and other spot ETFs, underscoring their…
In a significant ruling, a federal judge has dismissed Custodia Bank Inc.’s claim for entitlement to a Federal Reserve master account, marking a setback for the Wyoming-based depository institution. Custodia Bank argued that the Federal Reserve Bank of Kansas City (FRBKC) was legally obliged to grant its application for a master account, a critical financial […] Read the full article here
The Office of Foreign Assets Control (OFAC) has escalated its enforcement efforts by tightening its grip on individuals and entities operating within the financial services and technology sectors in Russia, particularly those involved in virtual assets, enabling evasion of US sanctions. The enforcement agency claimed that these individuals and entities played a crucial role in facilitating transactions or providing services aimed at aiding other designated entities in circumventing sanctions imposed by the US. OFAC Tightens Grip on Russian Entities According to an official statement, OFAC has declared sanctions against thirteen entities and two individuals involved in the financial services and…