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Why BlackRock CEO Is ‘Very Bullish on the Long-Term Viability of Bitcoin’

In an interview with Fox Business on Wednesday, BlackRock CEO Larry Fink expressed his pleasant surprise at the outstanding performance of his firm’s spot Bitcoin ETF, the iShares Bitcoin Trust (IBIT).  Fink mentioned that IBIT has become the fastest-growing ETF in history (with $13.5 billion in flows within its first 11 weeks of trading). The […]

BlackRock’s Ethereum-Powered Digital Money Market Fund Sees Over $240M in Its First Week

According to Bloomberg, BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL), which was launched on March 20, has seen an influx of over $240 million. This tokenized fund, issued on the Ethereum blockchain, offers investments in cash, US Treasury bills, and repurchase agreements, issuing a cryptocurrency token, BUIDL, valued at $1 per token to represent share […]

Markets

Cardano Price Analysis

Cardano (ADA/USD) Price Analysis – 6 July 2023

Introduction This report provides a technical analysis of Cardano (ADA) for 6 July 2023. The analysis includes an overview of the price and volume and a detailed examination of the daily and monthly technical indicators and moving averages. This report aims to provide traders and investors with insights into ADA’s short-term and long-term market trends. […]

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Exchanges FTX

SBF Trial: The ‘Awkward Math Nerd’ Is Given a 25-Year Prison Sentence Despite Pleaing for ‘The Opportunity To Meet a Partner and Have a Baby’

On 28 March 2024, the U.S. Department of Justice (DOJ) announced that Samuel Bankman-Fried (aka “SBF”), a co-founder of the cryptocurrency exchange FTX and the trading firm Alameda Research, had been sentenced to 25 years in prison. The sentence, delivered by U.S. District Judge Lewis A. Kaplan, also includes three years of supervised release and […]

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