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Bitcoin Could Hit $42K if BlackRock Bitcoin ETF is Approved: Matrixport
19.10.2023
Crypto financial services platform Matrixport has predicted a major Bitcoin (BTC) rally driven by favorable macroeconomic conditions and lower US inflation.
In a recent report titled "Matrix onTarget," the company noted that one notable development is the remarkable performance of Grayscale...
Grayscale and BlackRock File Updated Applications for Bitcoin Spot ETFs with the SEC
19.10.2023
Today, Grayscale Investments and BlackRock updated their applications for Bitcoin ETFs with the U.S. Securities and Exchange Commission (SEC).
These moves come amid a shifting regulatory landscape that has seen a recent court ruling favor Grayscale's previous application. The financial giants...
Matrixport Says Bitcoin Will Rise to Between $42K and $56K if BlackRock ETF Is Approved
19.10.2023
Bitcoin will rise to between $42,000 and $56,000 if a BlackRock spot bitcoin (BTC) ETF is approved, crypto services provider Matrixport said in a report Thursday
Mike Novogratz Signals Bitcoin ETF Approval Could Be on SEC's 2023 Agenda
18.10.2023
Today, Galaxy Digital's CEO Mike Novogratz shared insights on SquawkBox that signal a potential change in the SEC's stance on Bitcoin ETF approval. According to Novogratz, the SEC is showing signs of potentially approving a spot Bitcoin ETF by the year-end.
Novogratz's comments came in the wake...
Crypto Fake News: False Claims on Blackrock ETFs and Now Roblox XRP Support – What’s Going On?
18.10.2023
The crypto industry has seen a couple of fake news in the past week alone. First, an erroneous news report claiming that BlackRock Inc. had received the green light to launch a spot Bitcoin (BTC) exchange-traded fund (ETF) spurred the crypto’s price to a new high from $27,900 to $30,000.
Following...
Blackrock CEO Larry Fink Sees Global Demand and ‘Pent-up Interest in Crypto’ Amid Israel-Hamas War
18.10.2023
Larry Fink, the CEO of the world’s largest asset manager, Blackrock, sees the recent bitcoin rally as “an example of the pent-up interest in crypto.” Noting that as the Israel-Hamas war rages on, more people will be running to bitcoin as “a flight to quality,” the executive...
Recent Bitcoin (BTC) Rally “An Example of Pent-Up Interest in Crypto” Says BlackRock CEO Larry Funk
18.10.2023
The recent rally in the Bitcoin (BTC) market, which saw prices hit two-month highs near $30,000 on Monday following false reports that the US Securities and Exchange Commission had approved BlackRock’s spot Bitcoin ETF application, is “an example of the pent-up interest in crypto” opined...
BlackRock CEO Larry Fink Seeing Client Demand for Crypto 'Around The World'
17.10.2023
Rumors about spot bitcoin ETF approvals aside, Fink called the recent rally a “flight to quality.”
BlackRock CEO Larry Fink: Bitcoin Rally Reflects Crypto's Growing Appeal
17.10.2023
BlackRock CEO Larry Fink has attributed the recent rally in Bitcoin (BTC)'s price to the increasing interest and demand for cryptocurrencies.
Fink made these remarks in response to a false news report about the approval of a spot ETF, which temporarily triggered a surge in Bitcoin's value.
While...
Bitcoin Price Prediction: MicroStrategy Boost, Binance's UK Halt, and BlackRock's ETF Snub
17.10.2023
In a rollercoaster week for Bitcoin, the premier cryptocurrency saw its price rise to $28,400, marking a 4.5% uptick on Tuesday. Several significant events influenced this trajectory.
MicroStrategy's mammoth Bitcoin purchase acted as a bullish signal, offering some warmth during the prevailing...
Bitcoin Price Spikes Following Fake BlackRock ETF Announcement: $100 Million Liquidated
16.10.2023
Today, Bitcoin's price experienced a swift rise from $27,900 to $30,000 following a false announcement regarding BlackRock's Bitcoin spot ETF approval.
The misleading information, originally shared on social platform X, led to a flurry of trading activity resulting in about $100 million...
What’s All the Fuss About Bitcoin ETFs?
16.10.2023
Fake news of SEC approval for a spot Bitcoin ETF sent markets higher. Why are traders so obsessed with this new product?
Wipe Out — Fake SEC Approval Report Erases $71M in Bitcoin Short Positions
16.10.2023
In the wake of fabricated news asserting the U.S. Securities and Exchange Commission (SEC) green-lit Blackrock’s Ishares spot bitcoin exchange-traded fund, short positions worth $78.92 million were cleared out. This sum represented 57% of the overall $136.29 million in short positions erased...
The Ripple Effects of a Spot Market Bitcoin ETF
16.10.2023
Financial giants including BlackRock and Fidelity are looking to launch a bitcoin investment vehicle for people who do or cannot hold bitcoin directly
Biggest Movers: BCH, SOL Big Gainers Following Cointelegraph’s ‘Inaccurate’ Tweet
16.10.2023
Bitcoin cash was a huge gainer on Monday, as the cryptocurrency rallied by as much as 14% in today’s session. The surge comes after Cointelegraph falsely suggested that Blackrock’s bitcoin ETF was approved by the SEC. An apology has since been issued, following the mistaken report....
Bitcoin Surges on Fake Blackrock ETF Approval News: Misinformation Ripples Through Crypto Markets
16.10.2023
On a bustling Monday, the cryptocurrency-focused news platform Cointelegraph broadcasted that the U.S. Securities and Exchange Commission (SEC) had given the green light to Blackrock’s Ishares spot bitcoin exchange-traded fund (ETF). The unverified news spread like wildfire, and in its wake...
JPMorgan’s Tokenized Collateral Network Facilitates Blackrock-Barclays Trade
13.10.2023
Banking giant JPMorgan Chase has debuted its blockchain-based collateral settlement system. Blackrock became the first client to use JPMorgan’s Tokenized Collateral Network (TCN). The world’s largest asset manager used the system to convert shares in one of its money market funds into digital...
BlackRock's Bitcoin ETF Plans Raise Concerns About Centralization, Notes Arthur Hayes
12.10.2023
According to a recent Tom Bilyeu interview with Arthur Hayes, co-founder of BitMEX, the possible entry of asset management behemoth BlackRock into the Bitcoin sector could reshape the leading cryptocurrency in ways that diverge from its original ethos.
While traders and investors anticipate...
BlackRock seeks court crackdown on 44 copycat sites, some crypto adjacent
12.10.2023
The world’s largest asset manager wants to take control of a raft of domain names that have been registered to imitate it
Best Crypto to Buy Now October 11 – Render, Rollbit Coin, eCash
11.10.2023
JPMorgan successfully executed its first live blockchain transaction today involving tokenized shares, heralding a new era for collateral management.
The banking giant facilitated the transfer of tokenized BlackRock money market fund shares to Barclays as collateral for a derivatives contract....