Bitcoin
BlackRock and Fidelity Surpass $27 Billion in Bitcoin Holdings
In a significant stride for the cryptocurrency market, investment powerhouses BlackRock and Fidelity have collectively secured over 428,108 bitcoins, valued at upwards of $27...
America’s Oldest Bank BNY Mellon Invests in Cryptocurrency Through Bitcoin ETFs
BNY Mellon, America's oldest bank, has actively entered the cryptocurrency space by investing in Bitcoin ETFs. A recent Securities and Exchange Commission (SEC) filing...
Japanese Yen Hits Zero Against Bitcoin Amid Economic Challenges
The Japanese yen, a major player in global forex trading, has plummeted to a 34-year low, reaching a valuation where one yen equaled zero...
MicroStrategy’s Bitcoin Strategy Yields $6.2 Billion Unrealized Profit
MicroStrategy, a leading business intelligence firm, has achieved a staggering $6.2 billion in unrealized profit from its Bitcoin investment, marking a significant milestone in...
Morgan Stanley Set to Empower Brokers to Promote Bitcoin ETFs to Clients
Morgan Stanley is taking a groundbreaking step in the cryptocurrency world by allowing its 15,000 brokers to recommend bitcoin exchange-traded funds (ETFs) to their...
Iconic ‘Buy Bitcoin’ Sign Fetches Over $1 Million at Auction
An iconic piece of cryptocurrency history, the 'Buy Bitcoin' sign famously displayed during Janet Yellen's Congressional testimony in 2017, has been sold at auction...
BlackRock’s Bitcoin ETF Records First Day of Zero Inflows
BlackRock's iShares Bitcoin Trust (IBIT) experienced its first day without any new inflows on April 24, marking a significant shift in investor behavior since...
Australia to Install Over 1,000 Bitcoin ATM
Australia has officially joined the ranks of the United States and Canada by hosting over 1,000 Bitcoin ATMs, marking a significant milestone in the...
Hong Kong to Start Spot Bitcoin and Ether ETFs on April 30
Hong Kong is set to introduce the first spot Bitcoin and Ether exchange-traded funds (ETFs), with trading officially commencing on April 30. This landmark...
Mt. Gox Bitcoin Release: A Looming Threat to Market Stability?
The looming distribution of over $9 billion in Bitcoin from the defunct Mt. Gox exchange could introduce significant volatility to the cryptocurrency market. According...
Bitcoin’s Demand Could Outstrip Supply by Five Times
Following the recent halving event, Bitcoin (BTC) has undergone a pivotal transformation in its supply mechanism. Analysis from the cryptocurrency exchange Bitfinex projects that...
Bitcoin No Longer ‘Cheap’: Fidelity Neutral Mid-Term Outlook
Fidelity Digital Assets, in its latest Signals report, has revised its medium-term outlook for Bitcoin from "positive" to "neutral." This adjustment follows observations from...