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
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 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
Bitcoin surged to $98,000 over Thanksgiving, fuelled by Michael Saylor’s presentation to Microsoft, advocating BTC adoption. In an unprecedented move, Microsoft’s shareholders are set to vote on December 10 on whether the tech giant should add Bitcoin to its balance sheet. If approved, this could be a groundbreaking step for
The largest cryptocurrency, Bitcoin (BTC), has registered a gain of over 37% in November. This notable surge and the entire crypto market rally followed Donald Trump’s victory in the US presidential elections. BTC brought in an anticipation of hitting the long-term goal, trading at $99K a few days back, hitting
Stablecoins, which have a present market valuation of less than $200 billion, are a negligible part of the world’s monetary transactions, accounting for less than one percent of the US currency supply and FX operations. Nevertheless, according to a report that was co-authored by Standard Chartered and Zodia Markets, there
