Crypto investments are still an integral part of Harvard University, as filings reveal that the university has bought Ethereum. The Ivy League school purchased around $87 million in BlackRock’s iShares Ethereum Trust (ETHA), as per the filing with the SEC released on February 13. The buying came along with the
Strategy Executive Chairman Michael Saylor has said the cryptocurrency market is in a “crypto winter,” acknowledging the sustained downturn after earlier statements that such a phase would not return. In a Tuesday interview on Fox Business, Saylor described the current market drawdown as a significant correction, marking what he called
BlackRock Inc. has begun acquiring Ethereum ahead of the planned launch of its iShares Staked Ethereum Trust ETF (expected ticker: ETHB), according to an amended S-1 filing with the U.S. Securities and Exchange Commission. A BlackRock affiliate seeded the trust with 4,000 shares at $25 each — equivalent to $100,000
El Salvador, Brazil, and Argentina are the major Latin American countries that are taking a different approach to cryptocurrency regulations and digital finance. Their recent decisions show how their governments are using crypto in experimental ways. El Salvador and Brazil consider cryptocurrency. El Salvador has launched a $100 million investment
Russia could begin a large-scale blocking of crypto exchange and major digital asset platform websites that are not officially registered in Russia as early as this summer. This move would restrict access for Russian users to foreign crypto services operating without local authorization, because of the tightening digital asset market
Ark Invest has increased its Coinbase exposure, signaling renewed confidence in the crypto exchange’s long-term outlook. The Cathie Wood-led investment firm purchased 41,453 Coinbase shares across three exchange-traded funds on Tuesday, according to its latest trade disclosures. The total buy amounted to approximately $6.9 million. The firm allocated 29,689 shares,
Arthur Hayes, an American entrepreneur and the founder of BitMEX, thinks that Bitcoin is indicating that markets are underrating a coming credit shock. Hayes posted a Substack essay, “This is Fine”, in which he claims that Bitcoin acts as a global fiat liquidity fire alarm. Its acute fall from $126,000
A brief spike in the crypto market has resulted in a green wave across the assets. But the broader sentiment is bearish and fearful, with the prices losing momentum. The largest asset, Bitcoin (BTC), is hovering at $67.7K, while the largest altcoin, Ethereum (ETH), trades at $1.9K. Within the altcoin
Ted Pillows, a notable crypto analyst, has pointed out a breaking zone for BTC upside. His statement comes almost at the same time when another crypto analyst called Bitcoin tokens attractive. Meanwhile, the flagship token is attempting a recovery amid the recent geopolitical and rate cut uncertainty. Ted Pillows on
• Billionaire Peter Thiel’s investment firm, Founders Fund, completely divested its entire stake in Ethereum treasury management firm ETHZilla, as per a recent SEC filing. • The shares of ETHZilla fell after the news, highlighting the sensitivity of investors to prominent departures in crypto-related firms. Billionaire investor Peter Thiel and
