Cryptocurrency Analysis and News Portal
BlackRock CEO Larry Fink has delivered fresh remarks supporting cryptocurrencies' role in democratizing investing worldwide, pointing to growing interest among the company's clients in digital assets."More and more of our global investors are asking us about crypto,” Fink said during an interview with CNBC's 'Squawk on the Street' on July 14. BlackRock
Read More
Appearing on CNBC following his company's second-quarter earnings report, the CEO of $8.5 trillion asset manager BlackRock (BLK) said "more and more" gold investors have been asking about the role of crypto over the last five years, highlighting the role exchange-traded funds (ETFs) have had in democratizing access to gold,
Read More
The recent tsunami of spot Bitcoin (BTC) exchange-traded fund (ETF) filings should be seen as a “moment of validation” for Bitcoin, says Grayscale Investments CEO Michael Sonnenshein.During a July 12 interview on CNBC’s Last Call, Sonnenshein rejected the notion that BlackRock’s entrance to the Bitcoin ETF race made it “uncool.”
Read More
$30 trillion worth of capital could suddenly unlock for the Bitcoin market if a Bitcoin spot ETF is approved by the U.S. Securities and Exchange Commission, according to Bloomberg ETF analyst Eric Balchunas. That is the estimated amount of assets controlled by financial advisors in the U.S., who would be willing
Read More
This week, Gemini made the news by filing a lawsuit against Digital Currency Group (DCG), accusing them of fraud. This unexpected action has added to the ongoing tension between the two entities. Regulatory matters continue to be a global concern, despite a week of relative quiet. Additionally, BlackRock has submitted
Read More
Bitcoin (BTC) will suck in “all prosperity gains” in future and leave behind those who have no exposure as a result, a new prediction says.In a Twitter thread on July 8, investor Luke Broyles delivered a bold vision of how Bitcoin would become “society’s base money.”Investor tells would-be Bitcoin buyers:
Read More
Top Stories This Week Larry Fink, the CEO of BlackRock, has recently delivered pro-crypto remarks, claiming “Bitcoin is an international asset” and suggesting U.S. regulators consider how an ETF directly linked to Bitcoin could democratize finance in the country.
Read More
“Arguments have been made that ETFs, as well as bitcoin exchanges, ignore what some believe is the single most important feature of bitcoin, the ability to control their funds without the need to place trust in a third-party to manage the asset,” said Jim Iourio, managing director of TJM Institutional
Read More
Summary: Valkyrie refiled its application for a spot Bitcoin ETF with the SEC per a 19b-4 filing seen on Wednesday.The asset manager joins other Wall Street titans like BlackRock and Fidelity in filing a second application after the SEC responded.Valkyrie, like other asset managers, names Coinbase as its partner for
Read More
PLUS: A candidate to become Thailand's next Prime Minister owns bitcoin, ether, BNB and ADA. Here's why the disclosure by Pita Limjaroenrat matters. Source
Read More