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Two BlackRock funds purchase shares in its IBIT spot Bitcoin ETFs


According to the information that was made public by the SEC, two funds that are managed by BlackRock have acquired shares within the company’s spot bitcoin exchange-traded fund, which is known as IBIT. The two companies involved are big-time players in Wall Street, one being BlackRock...

Reddit Stock Price Jumps After OpenAI Data-Sharing Deal


Social media firm Reddit's stock rose 13.5% after a data-sharing deal with OpenAI, the creator of the artificial intelligence (AI) chatbot ChatGPT. The post Reddit Stock Price Jumps After OpenAI Data-Sharing Deal appeared first on Cryptonews

Gamestop Shares Surge 70% as Roaring Kitty Returns to Social Media


Gamestop shares climbed by 70% today, representing the most significant gain since 2021, triggered by a mysterious social media post from Roaring Kitty, the figurehead of the earlier meme stock and Wall Street Bets craze. This sharp rise in the stock’s value occurred alongside pronounced...

Wells Fargo Holds Spot Bitcoin ETFs, Reveals SEC Filing of Grayscale Shares


Wells Fargo, a major US banking entity, is now storing a spot bitcoin ETF for its customers, as revealed in a new SEC filing, holding 2,245 shares of the Grayscale Bitcoin Trust (GBTC), which was recently converted into an ETF. Though the value of these shares stands at $121,207, a small fraction...

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