Despite having only been available for trading for a little over a year, the BlackRock Bitcoin ETF (IBIT) has already amassed assets under management of about $50 billion. That puts IBIT in the conversation for best ETF launch of 2024. With daily inflows into IBIT, market observers are eagerly anticipating
Roger Ver, known as “Bitcoin Jesus,” is challenging a U.S. tax evasion indictment. The U.S. Attorney for the Central District of California has accused Ver of dodging over $48 million in taxes. The charges stem from his 2017 sale of $240 million worth of Bitcoin. In response, Ver’s legal team
Undoubtedly, many people consider Bitcoin (BTC) the king of cryptocurrencies and the best possible haven out there. However, for experienced traders, knowing how to invest in other great projects can help break up the monotony of trading only one type of coin over the long horizon. While Bitcoin remains the
Bitcoin (BTC) remains steady around the $95,000 mark despite fluctuations. Trading at $95,463 at the time of writing, the cryptocurrency has seen a 4.1% weekly gain and a modest 0.39% surge over the past 24 hours. After reaching an all-time high of $99,655 on 11 November, Bitcoin’s momentum has slowed,
The crypto market is ablaze with activity as several altcoins stage bull runs. In an additional spur, discussions on who would succeed Gary Gensler as SEC Chair have spiked quite the interest. Prominent journalists such as Eleanor Terret speculate that Paul Atkins will be the next SEC Chair. Meanwhile, the
The cryptocurrency market has remained bullish in the last 24 hours, as indicated by the market cap showing a 1.12% increase. However, signs of monthly first-week slumber can be detected, particularly in the leading assets. On the other hand, the market itself has remained quite active, with Michael Saylor’s Bitcoin
After more than a decade of serving large institutions with digital asset services, BitGo is branching out to the retail market. A worldwide version of BitGo’s digital assets solutions for retail investors, comprising trading, staking, and wallet services, comparable to cryptocurrency exchange platforms, will be launched on December 2, according
For the fourth week in a row, software firm MicroStrategy has bought Bitcoin, marking another acquisition. As a result of this change, the firm now has 402,100 BTC, or more than 1.2% of the entire supply of Bitcoin. A press statement was issued by the corporation announcing the acquisition of
November saw a record-breaking 45% rally in the price of Bitcoin. Sending $6.4 billion into spot exchange-traded funds (ETFs) as investors in the US flocked to the cryptocurrency. Bitcoin prices surged from $68,000 to $99,000 during a month-long bull run in November. A total of $6.87 billion was received by
The bold statements made by Robert Kiyosaki on the US government, the Fed, and the financial market have earned him a legendary reputation. He has a lengthy history of ties to the cryptocurrency sector and has long advocated for Bitcoin as a means to escape the poverty-inducing effects of fiat
