Goldman Sachs Embraces Crypto With Three New Initiatives In The Pipeline

To capitalize on the growing interest in the crypto industry, banking giant Goldman Sachs is preparing to enter the tokenization sector, with three offerings expected to launch later this year.  Goldman Sachs Aims To Capitalize On Tokenization Trend According to a Fortune report, Mathew McDermott, Global Head of Digital Assets at Goldman Sachs, revealed the… Continue reading Goldman Sachs Embraces Crypto With Three New Initiatives In The Pipeline

BlackRock Global Allocation Fund Reveals Major Bitcoin ETF Stake With 43,000 Shares

In a recent filing with the US Securities and Exchange Commission (SEC), the BlackRock Global Allocation Fund disclosed its ownership of 43,000 shares of the asset manager’s Bitcoin ETF, iShares Bitcoin Trust, as of April 30.  This announcement follows two previous filings by BlackRock on May 28, which disclosed the fund’s exposure to Bitcoin in… Continue reading BlackRock Global Allocation Fund Reveals Major Bitcoin ETF Stake With 43,000 Shares

BlackRock Overtakes Grayscale To Become The Largest Bitcoin Fund In The World With $20 Billion AUM

American multinational investment company BlackRock, has recently achieved a monumental milestone, recording over $20 billion in total assets. The BlackRock Spot Bitcoin ETF has successfully surpassed Grayscale to become the largest Bitcoin fund in the world.  BlackRock Overtakes Grayscale  BlackRock iShares Bitcoin Trust has recently become the world’s largest Bitcoin fund, overtaking its primary rival,… Continue reading BlackRock Overtakes Grayscale To Become The Largest Bitcoin Fund In The World With $20 Billion AUM

Analyst Discusses Bitcoin Price Path To Heighten Fear Factor

MilkyBull, a well-known personality in the world of cryptocurrency analysis, has drawn attention lately for his analysis of Bitcoin’s price trajectory and his prediction of a situation that might cause more fear in the market. MilkyBull’s analysis delves into the subtleties of Bitcoin’s movement, identifying patterns and trends that could have a big impact on… Continue reading Analyst Discusses Bitcoin Price Path To Heighten Fear Factor

Bitcoin Slump Pushes New Whales Underwater: A Rare Opportunity To Buy?

As Bitcoin slumps, on-chain data by Ki Young Ju, the founder of the blockchain analytics platform CryptoQuant, paints a stark picture: all new whales, including holders of spot exchange-traded funds (ETFs), are now underwater.  New Whales And Spot ETF Investors Are In Red Taking to X, Ju said that more losses would be incoming, predicting that… Continue reading Bitcoin Slump Pushes New Whales Underwater: A Rare Opportunity To Buy?

HBAR Prices Crashes 35% As BlackRock Denies Any Ties To Hedera

HBAR, Hedera’s native token, saw a sharp correction following clarification that the world’s largest asset manager, BlackRock, was not directly involved in the tokenization of its ICS Treasury Fund on the Hedera network.  HBAR Token Crashes By Almost 35% Data from CoinGecko shows that the HBAR token has declined by almost 35% since its price… Continue reading HBAR Prices Crashes 35% As BlackRock Denies Any Ties To Hedera

BlackRock’s Tokenized Fund News Sends Hedera (HBAR) Soaring 100%, The Reason May Surprise You

In a surprising turn of events, the native token of the decentralized ledger platform Hedera, HBAR, experienced a significant price surge of over 100% during the early hours of Tuesday. Starting from a low of $0.0875, HBAR skyrocketed to reach the $0.1821 mark by Wednesday.  The sudden surge was triggered by the news of BlackRock’s… Continue reading BlackRock’s Tokenized Fund News Sends Hedera (HBAR) Soaring 100%, The Reason May Surprise You

All Quiet On The Bitcoin ETF Front – Should You Be Paranoid?

The recent approval and launch of spot Bitcoin ETFs have brought about notable changes in market dynamics. Among the most significant players affected is Grayscale, a leading institution in the crypto space. Grayscale’s Bitcoin Holdings Experience Decline Grayscale, known for its Bitcoin Trust (GBTC), held the highest BTC market capitalization among institutions. However, an in-depth… Continue reading All Quiet On The Bitcoin ETF Front – Should You Be Paranoid?

Bitcoin Readying For A 12-Year Bull Run To $650,000 If Bulls Take Charge: Analyst

Even with Bitcoin prices facing pressure from sellers, Willy Woo, an on-chain analyst, thinks the coin will reach new highs thanks to the launch of new Bitcoin exchange-traded funds (ETFs). In a post on X, Woo said the coin could soar to as high as $91,000 in a bear bottom but soar to as high as… Continue reading Bitcoin Readying For A 12-Year Bull Run To $650,000 If Bulls Take Charge: Analyst