Search
Bitcoin’s ‘ultimate price’ could surpass $700K based on 3% portfolio allocation — Analyst
1.8.2024
In the bullish case, Bitcoin's ultimate price could surpass $24 million per coin, but global adoption still needs to grow by at least fourfold
Bitcoin’s ‘ultimate price’ could surpass $700K based on 3% portfolio allocation — Analyst
1.8.2024
In the bullish case, Bitcoin’s ultimate price could surpass $24 million per coin, but global adoption still needs to grow by at least fourfold
Fidelity exec says most investors should have some Bitcoin allocation
5.6.2024
The head of digital asset strategies at Fidelity Bank explained that most investors should have positions in Bitcoin regardless of their market thesis
Medical Tech Firm Semler Scientific Invests in Bitcoin, Acquires 581 BTC
28.5.2024
On Tuesday, the publicly traded medical technology firm Semler Scientific announced its decision to allocate bitcoin to its treasury. The company disclosed that it had acquired 581 bitcoins for a total of $40 million. Semler Scientific Embraces Bitcoin Joining the trend initiated by Microstrategy...
LayerZero Flags 800,000 Potential Sybil Addresses, Down from 2 Million Identified Initially
20.5.2024
LayerZero Labs has identified a total of 800,000 addresses as potential sybil addresses, rendering them ineligible for the full token allocation.
The post LayerZero Flags 800,000 Potential Sybil Addresses, Down from 2 Million Identified Initially appeared first on Cryptonews
LayerZero identifies over 800k addresses in sybil self-reporting phase
18.5.2024
Initially, the team identified over 2 million addresses as potential Sybils but later refined their criteria to minimize false identifications, resulting in a more precise classification
Solana sees ‘dramatic increase’ in institutional portfolios: CoinShares
26.4.2024
CoinShares found a significant increase in hedge funds and wealth managers survey respondents who have allocated to Solana compared to earlier this year
MakerDAO Considers $600 Million DAI Allocation into USDe and sUSDe
2.4.2024
MakerDAO evaluates a proposal to allocate $600 million of its DAI stablecoin into Ethena Labs' USDe and staked counterpart sUSDe to enhance liquidity and financial resilience.
The post MakerDAO Considers $600 Million DAI Allocation into USDe and sUSDe appeared first on Cryptonews
LayerZero CEO Accuses Kyle Davies of Seeking Full Treasury Allocation Before 3AC’s Collapse
22.3.2024
On March 21, LayerZero’s co-founder and CEO, Bryan Pellegrino, accused Kyle Davies, the co-founder of the now-defunct Three Arrows Capital (3AC), of trying to persuade his firm to transfer its entire treasury shortly before the liquidation of 3AC. Pellegrino made the allegation on his X post as...
Bitcoin Surpasses Gold in Investor Portfolios: JPMorgan
15.3.2024
As reported by a JP Morgan analyst, Bitcoin has surged past gold in terms of investor portfolio allocation, taking volatility into account.
The post Bitcoin Surpasses Gold in Investor Portfolios: JPMorgan appeared first on Cryptonews
BlackRock Plans to Acquire Spot Bitcoin ETPs for Its Global Allocation Fund
8.3.2024
BlackRock’s Global Allocation Fund to Invest in Spot Bitcoin ETFs
8.3.2024
BlackRock, the world's largest asset manager, announces spot Bitcoin ETF inclusion in its popular Global Allocation Fund. This move reflects BlackRock's expanding cryptocurrency investments, which include its own rapidly growing iShares Bitcoin Trust (IBIT).
The post BlackRock’s Global...
Blackrock Explores Bitcoin ETP Investments for Global Allocation Fund
8.3.2024
In a significant development, Blackrock, the world’s largest asset manager, has amended its prospectus for the Blackrock Global Allocation Fund to potentially include investments in bitcoin exchange-traded products (ETPs). This move, filed with the U.S. Securities and Exchange Commission...
Bitcoin Is Unlikely to Match Gold’s Allocation in Investors’ Portfolios in Nominal Terms: JPMorgan
8.3.2024
The bitcoin spot ETF market could grow to around $62 billion in the next two to three years, the report said
Grayscale files Privacy ETF Form N-1A with Zcash Trust Allocation
23.2.2024
Grayscale submitted Form N-1A to the US Securities & Exchange Commission. The idea is to seek approval for a Privacy ETF. The product will be dedicated to the realms of cybersecurity and privacy, making Grayscale the first player in the market to introduce such a product. The performance...
Grayscale Debuts Privacy-Focused ETF Featuring Zcash Trust Allocation
22.2.2024
According to a recent Form N-1A, Grayscale has approached the U.S. Securities and Exchange Commission (SEC) with a proposal for a unique exchange-traded fund (ETF) dedicated to the privacy and cybersecurity realm. The Grayscale Privacy ETF aims to be the first to encapsulate the burgeoning sector...
Virginia Senate Committee Recommends Annual Funding for New AI and Crypto Commissions
19.2.2024
A Virginia Senate Committee has put forward a recommendation for an annual combined fund allocation of $39,240 to support two recently established commissions focused on artificial intelligence (AI) and cryptocurrency. The proposal, presented by a Subcommittee of Virginia’s Senate Finance...
BlackRock’s Rick Rieder Hints at Expanded Bitcoin Exposure
12.2.2024
Asset manager BlackRock may boost its Bitcoin exposure in the future. That’s according to Rick Rieder, head of global allocation at BlackRock, who is responsible for about $2.4t in assets at the investment firm. In an upcoming episode of the Wall Street Journal’s Take On the Week podcast, Rieder...
Ark Invest Discusses 4 ‘Major Catalysts’ Driving Bitcoin Price in 2024
4.2.2024
Asset management firm Ark Invest has highlighted four major catalysts that will drive the price of bitcoin this year. “Bitcoin has emerged as an independent asset class worthy of a strategic allocation in institutional portfolios,” Ark described in its Big Ideas 2024 publication....
Tether Achieves Record $6.2 Billion Annual Profit, Nears $100 Billion In Assets
1.2.2024
In 2023, Tether saw its assets approach the $100 billion mark, following a $6.2 billion profit according to the company’s Q4 attestation report released on January 31. The financial surge, detailed in Tether’s latest financial statements, reflects a strategic allocation of assets....