Following reports that BlackRock’s Spot Bitcoin ETF was listed on the Depository Trust & Clearing Corporation (DTCC) with the ticker IBTC, the price of BTC rose above $35,000 based solely on investors’ expectations. The rapid nature of this boom...
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“This change allows me to take time to explore areas of science that spark my personal passion,” he wrote. “I will continue to work with our investment and research teams, work with portfolio companies, and fight for good crypto...
The iShares spot exchange-traded fund (ETF) proposed by investment firm BlackRock has been listed on the Depository Trust & Clearing Corporation (DTCC), signaling potential approval by the US Securities and Exchange Commission. In an October 23 thread (formerly Twitter),...
Digital asset markets saw a fourth straight week of inflows from institutional investors. CoinShares data shows that part of the observed momentum can be attributed to growing expectations for a Bitcoin exchange-traded fund (ETF) license in the United States....
“Bitcoin has also been encouraged by potential ETF approval and the growing number of ETF offerings by leading firms,” Lucy Hu, senior trader at Metalfa, shared in a letter last week. “(With) the approval of the Bitcoin ETF and...
The cryptocurrency community has come to fear the worst after seeing huge amounts of liquidity drained from cryptocurrency project Safereum just hours after its team completed a massive $600,000 fundraising. According to blockchain security firm CertiK and other analysts,...
The Cyprus Securities and Exchange Commission (CySEC) has extended the license suspension of FTX EU Ltd until 31 March 2024. This decision comes in response to market instability caused by FTX and several of its subsidiaries filing for Chapter...
Paul Brody, a prominent figure in the blockchain community and Global Blockchain Leader at Ernst & Young (EY), recently highlighted the growing demand for cryptocurrencies, with Bitcoin taking the spotlight. Earlier today, during an interview with CNBC, Brody emphasized...
Paul explained that bankruptcy negotiations were always aimed at reaching a settlement, because it puts money into people’s hands much more quickly. Lawyers have until December 1 to get 75% approval from the 60 individuals and entities in their...
For two years, the cryptocurrency world has been waiting to see how the Internal Revenue Service (IRS) would implement the Infrastructure Investment and Jobs Act. Simply put, this law creates new reporting requirements that threaten to put a de...