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Search Results for: blackrock

Bitcoin Mining Achieves 54.5% ATH Sustainable Energy Usage

According to the Bitcoin ESG Forecast, sustainable energy-powered Bitcoin mining hit a new record high of 54.5% in 2023, with sustainable mining as a whole increasing by 3.6%. By comparing Bitcoin’s sustainable energy mix to other businesses over the last four years using publicly accessible data, The Bitcoin ESG Forecast

January 19, 2024 1 min read

USDT Issuer Tether Bought $380 Million Worth of Bitcoin

Tether, the issuer of the USDT stablecoin, has been heavily investing in Bitcoin throughout Q4 2023, purchasing a large number of BTC.  In the last phase of the past quarter, Tether added $380 million worth of bitcoin to its holdings, further solidifying its position in the crypto market. As a

January 18, 2024 1 min read

Where Is BTC Headed? Bearish Sentiments Loom Post-Bitcoin ETFs Approval

As Bitcoin ETFs made a historic entry into the market last week, excitement turned into uncertainty as the leading cryptocurrency faced a bearish trend, currently trading at $42,789 with a slight 0.10% dip in the past 24 hours and a 6.56% decrease over the past week. Meanwhile, in the first

January 18, 2024 2 mins read

Renzo Secures $3.2M to Boost Liquid Restaking Protocol on EigenLayer

DeFi protocol Renzo has declared a $3.2 million seed round, backed by leading cryptocurrency native funds. Renzo plans to use the funds to further develop its liquid restaking protocol, which has recently gone live on EigenLayer. Renzo’s seed round was headed by Maven11, and further investments were made by Figment Capital, SevenX, IOSG,

January 15, 2024 2 mins read

Bitcoin Consolidates Post Correction as ETF Momentum Fades

The newly issued iShares Bitcoin Trust ETF (IBIT) from financial behemoth BlackRock is being promoted in a subtle and unobtrusive manner, which is a departure from the norm. Some may find it dull, but experts in the field think it might be the key to luring the wealthy group. A

January 15, 2024 2 mins read

Franklin Templeton Boosts Edge With Spot Bitcoin ETF Fee Slash

Franklin Templeton, one of the issuers of the Spot Bitcoin ETF, made a bold move by cutting its sponsor fee, making it the lowest among its rivals. In its January 12 filing, the company reportedly opted to cut the yearly fee for its Bitcoin ETF from 0.29% to 0.19%. Along

January 12, 2024 2 mins read

Clients Respond as Investment Giant Vanguard Blocks Bitcoin ETF Access

In a surprising turn of events, Vanguard, the $7.7 trillion asset management giant, has announced that it will not be participating in the newly approved Spot Bitcoin ETFs, diverging from the trend set by other major firms. The decision comes on the heels of the US Securities and Exchange Commission’s

January 12, 2024 2 mins read

The Bitwise Bitcoin ETF (BITB) Begins Trading With 0.20% Management Fee; Fee Set to 0% for First Sixth Months

“The biggest difference between bitcoin ETF offerings isn’t just the product features,” says Bitwise CEO. “It’s the expertise of the asset manager and how they support investors’ success.” SAN FRANCISCO–(BUSINESS WIRE)–Bitwise Asset Management, the largest crypto index fund manager in America, announced today the landmark launch of the Bitwise Bitcoin

January 11, 2024 9 mins read

Spot Bitcoin ETFs Approval Ignites Ethereum and Altcoin Rally

A historic decision has been made by the United States SEC, which has approved the first spot Bitcoin exchange-traded funds (ETFs) in the nation. The decision is the culmination of months of waiting and a contentious legal struggle. This roundups an eventful 24 hours in which hackers momentarily took over

January 11, 2024 2 mins read
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