BlackRock is facing backlash over a video that implied Bitcoin’s fixed supply of 21 million could potentially be altered. This video, shared widely online, was part of BlackRock’s promotion for its iShares Bitcoin Trust ETF and highlighted Bitcoin’s features, although it contained a disclaimer about the supply cap. Critics from the Bitcoin community, including MicroStrategy’s ...
BlackRock, the world’s largest asset manager, recently released an advertisement promoting Bitcoin and its potential as an investment. However, the Bitcoin community has expressed discontent over the ad, particularly due to a disclaimer that suggests the 21 million supply cap of Bitcoin could change. This disclaimer, which appears briefly in the video, has raised alarms ...
Bitcoin has captured investor interest once again, soaring past $106,000 to reach a new all-time high. This remarkable increase of over 50% since Donald Trump’s presidential win in November is fueled by optimism surrounding bitcoin-friendly policies. Institutional demand, particularly through bitcoin exchange-traded funds (ETFs), has been a significant driver, with more than $2 billion in ...
This year, Bitcoin has made significant strides into the mainstream, but not everyone is convinced. Renowned American investor Dennis Gartman recently stated that he won’t invest in Bitcoin, expressing his surprise at its popularity. He believes Bitcoin’s value, while recognized in recent months, might not be genuine. Gartman favors traditional investments like gold, which has ...
Nasdaq, Inc. has announced important updates for the Nasdaq-100 Index, effective on December 23, 2024. Three companies—Palantir Technologies, MicroStrategy, and Axon Enterprise—will be newly included in the Index. This yearly reconstitution ensures that the Nasdaq-100, which includes 100 of the largest non-financial companies on the Nasdaq Stock Market, remains current. It serves as a key ...
Cryptocurrency supporters are excited about President-elect Donald Trump’s focus on digital currencies. Bitcoin recently surpassed $100,000 again, driven by hopes that Trump’s administration will create a friendly environment for the crypto industry. Trump has appointed crypto advocates to key positions and expressed his desire to make the U.S. a “crypto capital.” This shift could lead ...
Bitcoin has recently achieved a significant milestone, surpassing the six-figure mark for the first time. As of now, it is around $99,000, with a peak of $103,844 earlier. If you had invested $1,000 in Bitcoin one year ago, it would now be worth $2,305, reflecting a 130% gain. Over five years, that investment would have ...
Ripple’s XRP has recently seen a 400% increase in price, trading around $2.4, but it faces challenges as it attempts to break through the $2.58 resistance level and reach a new all-time high of $3.57. Despite the gains, the funding rate for XRP remains stable, indicating the Market isn’t overly bullish. The anticipated launch of ...
WisdomTree, a global asset manager, has submitted an application to the SEC for a spot XRP ETF, making it the fourth company in the U.S. to pursue this option. The proposed WisdomTree XRP Fund aims to give investors exposure to XRP’s price changes through shares listed on the Cboe BZX Exchange. Recently, XRP has seen ...
Last week was a rollercoaster for digital assets, but XRP really stood out, bringing in a record $95 million in investments—up 621% from the previous week. This surge has boosted XRP’s Market value to over $135 billion, with its price hitting $2.50, nearly 400% higher than last month. Overall, digital asset funds attracted $270 million ...
