This is an opinion editorial by Phil Harvey, the CEO of cryptocurrency mining consultancy Sabre56. Launching the first unequivocally positive news cycle for the Bitcoin space since the collapse of FTX, BlackRock recently decided to file for a spot bitcoin exchange-traded fund (ETF). Within a few days, two additional behemoth …
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The rivalry to introduce the first Bitcoin ETF in the U.S. has heated up. BlackRock and Bitwise, two big market players, have each proposed their own ETF, and the United States Securities and Exchange Commission is quite interested in these plans. Both firms are vying for the chance to be the …
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According to the analyst, Bitcoin has a better chance of being valuable and stable as it has a fixed and constant supply compared to other forms of money. Luke Broyles, a Bitcoin analyst, has made a series of bold statements about the future of Bitcoin. In some recent tweets, he …
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Top Stories This Week Larry Fink, the CEO of BlackRock, has recently delivered pro-crypto remarks, claiming “Bitcoin is an international asset” and suggesting U.S. regulators consider how an ETF directly linked to Bitcoin could democratize finance in the country. Under Fink, BlackRock has attempted to launch a spot BTC ETF …
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Spot Bitcoin exchange-traded funds (ETFs) are arguably the hottest topic in the cryptocurrency community for the past few weeks, a trend that was only solidified during the last several days. Recall that the SEC deemed all recent filings as “inadequate” last Friday, which put a major shade on all applications …
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The article below is an excerpt from a recent edition of Bitcoin Magazine PRO, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. The Arrival Of BlackRock As most readers are likely aware, …
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A recent development has caught the attention of on-chain analysts and Bitcoin enthusiasts alike. On-chain expert Axel Adler Jr, citing data from CryptoQuant, has revealed that wallets belonging to the ‘Humpback’ cohort, have reached a new all-time high (ATH). This surge has raised speculation about the involvement of institutional giants …
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BlackRock, the world’s largest asset manager, resubmitted its proposal for a Bitcoin spot ETF yesterday, sparking excitement and speculation within the crypto community. The June 29 resubmission caught the attention of market watchers as it made public BlackRock’s strategic partnership with Coinbase and a potentially crucial gambit that might allow …
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Following BlackRock’s growing chance of an approval, Fidelity Investments has submitted another application for a spot Bitcoin ETF. Asset management firm Fidelity Investments has submitted another filing for a spot Bitcoin exchange-traded fund (ETF). Fidelity is making another play at a spot ETF after a previous rejection from the United States Securities …
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According to BlackRock, the new macro regime is already offering a number of opportunities, all investors need to do is to be selective within asset classes and benefit from structural shifts, such as the rise of AI, decarbonization and the growth of private direct lending. New York City-based multinational investment company …
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Cboe has amended its spot Bitcoin ETF proposal to include an SSA agreement for market surveillance, to prevent fraudulent activity. The Cboe BZX Exchange updated a 19b-4 filing to amend its ARK 21Shares Bitcoin ETF proposal. The exchange amended the filing to add a feature that helps prevent market manipulation …
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Global investment titan BlackRock, which manages some $10 trillion in assets, has declared artificial intelligence a “mega force” that could create significant returns for investors in today’s “unusual” market. In its mid-year outlook report, the BlackRock Investment Institute detailed their thesis for increased investment in AI — pointing to multiple …
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