Cryptocurrency

BlackRock CEO Larry Fink has been “pleasantly surprised” by the performance of his firm’s spot Bitcoin (BTC) exchange-traded fund (ETF) and has reiterated he’s “very bullish” on the long-term viability of Bitcoin. “IBIT is the fastest growing ETF in the history of ETFs. Nothing has gained assets as fast as IBIT in the history of […]

BlackRock CEO Larry Fink has made bullish remarks about Bitcoin today on Fox Business, stating that their spot Bitcoin ETF, $IBIT, is experiencing unprecedented growth, making it the fastest-growing ETF ever. “I’m very bullish on the long term viability of Bitcoin,” Fink stated. “That surprised me how much that’s gone up. We are creating now […]

The demand for US spot Bitcoin ETFs surged significantly on Tuesday, outpacing the new supply created daily by miners by a remarkable 614%, according to Gayatri Choudry, Quantitative Research Analyst at Bitwise Asset Management. The surge in demand for Bitcoin ETFs reflects growing interest among institutional and retail investors in gaining exposure to the digital […]

The Argentine province of Mendoza is famous for its vineyards and full-bodied Malbecs. But the popular wine region in the foothills of the Andes mountains is also home to the world’s second-largest shale gas reserve called Vaca Muerta, which translates to “dead cow.” For two Texas-based bitcoin miners, the oil deposit offers a dream resource: […]

As the world gets into a frenzy around the coming Bitcoin halving – and the price of bitcoin (BTC) as a result – it’s important to take a moment for a reality check. The halving is a non-event for the vast majority of the world. At its core, it’s a simple evolution in how much […]

The rewards for mining Bitcoin are about to be chopped in half for miners in a scheduled event called “the halving.” This anti-inflationary measure is predicted to occur on or about April 17, 2024. Though it won’t be the first such halving event, the crypto world is poised to enter the unknown, as recent all-time […]

It’s not too late to buy the soaring cryptocurrency. Bitcoin’s (BTC 4.47%) price hit a new all-time high of nearly $73,800 on March 14. It’s pulled back to about $67,800 as of this writing, but it’s still up more than 60% this year. That rally suggests the “crypto winter” is finally ending. Some investors will be wary of […]

Bitcoin spiked to start the final week of March, reclaiming the $70,000 level. The price of the flagship cryptocurrency was last higher by 7.8% at $70,995.48, according to Coin Metrics. It briefly rose to $71,239.31 in late afternoon trading as the stock market closed. Ether jumped 7.4% to $3,634.80. Most other cryptocurrencies rode the bitcoin wave, too. […]

The London Stock Exchange has announced that it will accept applications for the admission of Bitcoin Crypto Exchange-Traded Notes (ETNs) starting from April 8, 2024. This decision follows the Exchange’s earlier notice on March 11, indicating its intention to allow the trading of Crypto ETNs in the second quarter of the year. Subject to approval […]

Borroe Finance (ROE), an AI-driven altcoin, is making waves, as SHIB records a decline, while XRP revisits its 2023 highs. SHIB’s sharp price crash: A volatility showcase In the electrifying arena of cryptocurrency, where fortunes can pivot faster than a tweet can trend, recent market movements have painted a dramatic landscape. SHIB, the meme coin […]