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Tag: Bitcoin

Blackrock

The Untold Story of BlackRock and Bitcoin

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In a recent Twitter thread by the popular technology and cryptocurrency influencer and popular communicator @Techconcatalina, it was revealed that BlackRock and other major banks have been quietly buying Bitcoin even before an ETF was available. While the SEC was busy accusing Binance and Coinbase, these banks were increasing their exposure to cryptocurrency. 🔸 El sexto banco más grande de Canadá 🇨🇦 COMPRO más de medio millón de...

Bitcoin, Front page, Main, News

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Blackrock

BlackRock Files for Spot Bitcoin ETF, a First for the U.S.

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BlackRock files for spot Bitcoin ETF Coinbase tapped as custodian If approved, it would be the first publicly traded crypto product of its kind in the U.S. BlackRock Files for Spot Bitcoin ETF Asset management giant BlackRock took the first steps Thursday to launch a spot bitcoin exchange-traded fund (ETF), which has long been a point of contention between crypto advocates and federal regulators. The firm filed an application...

Bitcoin, ETF, Front page, Main, News

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Major Altcoins Fall 20% After SEC Lawsuit

Major altcoins fall by 20% after SEC lawsuit

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In Brief: Tokens of major blockchain networks slid more than 20% in the past 24 hours. The slide is likely due to a risk-off event that followed the SEC’s lawsuit against Binance and Coinbase. Solana (SOL), polygon (MATIC), and Cardano (ADA) fell as much as 25% within hours. Bitcoin has managed to hold up relatively well due to its dominance in the crypto market. Some speculate that a major crypto fund may have sold its...

Altcoins, Bitcoin, Crypto regulation, Front page, Main, News

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Crypto Prices Plummet as SEC Sues Binance, Shaking the Market

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The crypto market suffered a significant blow as the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Binance, the world’s largest crypto trading platform, and its founder. The SEC’s allegations of deceptive practices and mishandling of funds caused prices of cryptocurrencies and shares in crypto and blockchain companies to plummet. Bitcoin and Ether, the two largest cryptocurrencies, experienced drops of...

Bitcoin, Crypto market, Cryptocurrencies, Ethereum, News

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Crypto Market Overview: Binance Halts Bitcoin Withdrawals

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On May 8, 2023, shares of cryptocurrency and blockchain-related companies fell in premarket trading after Binance halted its bitcoin withdrawals for several hours due to heavy volumes and rising processing fees. The halts pushed Bitcoin, the world’s biggest cryptocurrency, down 2% to a one-week low of $27,9001. Crypto exchange Coinbase Inc fell 4%, while blockchain-farm operator Bitfarms Ltd dropped 4.3%. Bitcoin Price Today The current...

Bitcoin, Crypto market, Cryptocurrencies, Ethereum

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