BlackRock’s filing for a Bitcoin spot ETF (iShares Bitcoin Trust) has breathed new life into the market and sparked a strong rally. The hope is that BlackRock will trigger a “Great Accumulation Race” around Bitcoin, fuelled by the fact that 69% of all investors have been unwilling to sell their …
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iShares, Bitwise, WisdomTree, and Invesco, have just submitted proposals for a Bitcoin ETF, signaling a significant advance in the crypto business. Bitcoin (BTC), the leading cryptocurrency, has experienced a remarkable surge in recent days, with its price coming in at $28,887.88, up by 8.03% within a 24-hour period and by …
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The crypto sector also saw its largest Bitcoin short squeeze since May amid a new high spurred by traditional interest in cryptocurrencies. Bitcoin (BTC) has hit a new high of $28,170.18 not seen since May, after climbing more than 5% on Tuesday. The world’s largest cryptocurrency gained more than 9% …
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Bitcoin (BTC) plans by BlackRock appear to have sparked a rally in the “OG” institutional BTC investment vehicle. Data from monitoring resource CoinGlass shows that on June 17, the Grayscale Bitcoin Trust (GBTC) almost hit new 2023 highs. GBTC “premium” heads below -37% Bitcoin market sentiment showed a modest improvement …
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There aren’t too many favorable developments within the cryptocurrency community lately. It all started last Monday when the US SEC decided to begin a legal battle against Binance and doubled down on its crackdown against large crypto exchanges by suing Coinbase the very next day as well. Expectedly, these rather …
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BlackRock is now offering Bitcoin publicity to the atypical and passive traders of its International Allocation Fund. Globally-renowned asset supervisor BlackRock (NYSE: BLK) has added Bitcoin (BTC) to its international allocation fund. Stories state that atypical and passive traders can now achieve BTC publicity through the BlackRock International Allocation Fund. The extremely …
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