European Banking Titan Makes Strategic Move with BlackRock Bitcoin ETF Investment – Institutional Investment to Lead ATH BNP Paribas has entered the arena of digital assets by purchasing shares in BlackRock’s iShares Bitcoin Trust (IBIT). Following regulatory obligations, institutional investment managers, such as BNP Paribas, must file quarterly 13F reports. Multinational bank BNP Paribas has […]
Category: Bitcoin
BitMEX co-founder Arthur Hayes believes Bitcoin may rally back toward $70,000 amid ‘stealth money printing’
After falling below $57,000 earlier this week, BitMEX co-founder Arthur Hayes expects bitcoin to rally back to the $60,000 to $70,000 range.
US Senators cite security concerns over Iran’s crypto mining sector
Iran’s cryptocurrency mining sector is under fire as United States Senators Elizabeth Warren and Angus King believes its a threat to national security. According to a letter to National Security Advisor Jake Sullivan, Defe...
Jack Dorsey’s Block moves to dollar cost averaging for Bitcoin investments
Block, the payments firm led by CEO Jack Dorsey, has begun a dollar cost averaging (DCA) program to expand its Bitcoin holdings, per a May 2 shareholder letter. Starting in April, the company has been allocating 10% of its monthly…
Jack Dorsey’s Block Adding More Bitcoin to Balance Sheet, Presents Road Map for Others
The payments firm announced the news alongside its first quarter earnings report on Thursday afternoon.
Crypto Market Sell-Off Was Driven by Retail Investors, JPMorgan Says
Crypto markets have seen significant profit taking in recent weeks with retail investors playing a bigger role than institutions, the report said.
Solana meme coins surge despite crypto market decline
Solana meme coins show remarkable growth, although many leading cryptocurrencies suffer heavy losses.
U.S. Senate’s Warren Warns National Security Chiefs About Iranian Crypto Mining
U.S. Sen. Elizabeth Warren (D-Mass.), one of the most prominent critics of cryptocurrency hazards, warned the top military and financial officials that Iran relies on digital assets mining as a source of revenue that can lessen the pressure from U.S. s...
Fear and Greed Index falls back to fear for 1st time since October
The sharp drop in the price of Bitcoin has led to a significant deterioration in sentiment among cryptocurrency traders.
First Mover Americas: BTC Stabilizes Around $58K Following Yesterday’s Rout
The latest price moves in bitcoin (BTC) and crypto markets in context for May 2, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
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