Bloomberg’s senior ETF analyst Eric Balchunas has stated that while BlackRock’s iShares Bitcoin Trust ETF (IBIT) has done well since its launch last year, it faces several challenges going forward. This assessment comes amid recent […]
The U.S. Bitcoin mining industry has generated over 31,000 jobs and contributed more than $4.1 billion in gross product annually. According to a report by The Perryman Group, most of the industry is concentrated in […]
HK Asia Holdings announced the purchase of one Bitcoin on February 13, calling this investment “symbolic in scale.” Following the public announcement, the company’s stocks surged by 93% between February 13 and 17. This increase […]
Crypto outflows totaled $415 million last week, marking a sharp reversal from a streak of net positive flows since the beginning of the year. This downturn is largely attributed to Federal Reserve Chair Jerome Powell’s […]
There has been a sharp reversal in digital asset investment trends as outflows reached $415 million after 19 consecutive weeks of inflows post-US election. During this period, inflows totaled $29.4 billion, significantly outpacing the $16 […]
In a weekend exchange on X, Elon Musk was nudged to extend his cost-cutting Department of Government Efficiency (DOGE) to one of the most heavily guarded sites in the United States: Fort Knox, the US […]
Strategy, formerly known as MicroStrategy, has made a strong entry into the market with its Strike Preferred Stock (STRK). Within two weeks of its launch, STRK has become the best-performing and most liquid perpetual security […]
A new legislative proposal in Michigan seeks to create a Bitcoin reserve as part of the state’s financial strategy. On February 13, Representatives Bryan Posthumus and Ron Robinson put forward HB 4087, a bill designed […]
A new development is brewing in the internet industry as Zoom Video Communications faces pressure to shake up its treasury strategy. Eric Semler, head of Semler Scientific, has noticed the pressure on video conferencing giant […]
Over $2.5 billion worth of Bitcoin and Ethereum options contracts are set to expire this Friday. Moreover, markets are still reeling from US economic data this week, including CPI and PPI, but can the derivatives’ […]
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