Author: NBTC
Three BlackRock funds now have the ability to allocate to bitcoin ETFs. The fund giant — with roughly $10 trillion in assets under management — said in a Thursday filing that it may buy shares of bitcoin exchange-traded products (ETPs) traded on “national securities exchanges” for the BlackRock Global Allocation Fund. The disclosure came a few days after the company added similar language to the prospectus of its Strategic Income Opportunities Portfolio and the BlackRock Strategic Global Bond Fund. Such an allocation to bitcoin ETFs could include buying the firm’s own fund, the filings indicate. BlackRock launched the iShares Bitcoin…
In just three years, Australian self-managed super funds saw the value of their respective crypto asset holdings rise from just over $159 million to over $650 million. According to an executive with a local crypto exchange, many Australians are seeking to “allocate at least a percentage of their retirement funds to cryptocurrencies.” Crypto Assets Held in Self-Managed Super Funds Still Very Low The value of crypto assets held in Australian self-managed super funds (SMSFs) has surpassed $650 million (AUD$1 billion), according to a report that cites new data from the Australian Taxation Office. The latest figures suggest that the value…
Shiba Inu’s lead developer, Shytoshi Kusama, has countered a statement misattributed to him about Shiba Inu’s market valuation reaching $100 billion. On Wednesday, Shytoshi Kusama reacted to a daring projection that SHIB would claim a market cap of $100 billion in this emerging bull cycle. The bold forecast came from Jake Gagain, a crypto investor with a notable following on X. Gagain voiced his opinion about Shiba Inu’s outlook, saying, “SHIB Will Reach 100 Billion This Cycle.” The post caught Kusama’s attention. He reacted with a GIF featuring the inscription, “Your words, not mine.” https://t.co/aUePEauoUo pic.twitter.com/vp0gk4FDtv — Shytoshi Kusama™ (@ShytoshiKusama)…
Bybit, a leading cryptocurrency exchange, announced that it has added AETHER GAMES (AEG) to its Spot trading platform. AETHER GAMES (AEG) Now Available on Bybit Spot Trading Platform Here’s a breakdown of the listing timeline: AEG Deposits: Available starting March 7, 2024, at 11:00 am. AEG Announcement: Scheduled for March 7, 2024 at 13:00. AEG Withdrawals: Will open from 13:00 on March 8, 2024. In particular, deposits and withdrawals will be facilitated through the Polygon network, increasing the efficiency and speed of transactions. Following listing, AEG will be seamlessly integrated into Bybit’s Spot Grid Bots, providing users with a comfortable…
Following a dynamic period of activity in the crypto market on Friday, stocks of publicly traded mining companies have recovered from their recent decline. In the last five days, Marathon Digital Holdings’ stock fell over 15%, yet on Friday, it experienced a 7.71% increase in value against the U.S. dollar. Several other leading mining corporations also observed their stocks bounce back, mirroring the positive momentum seen in spot crypto markets. From Downturn to Recovery: Mining Stocks Make a Comeback On Friday, shares of bitcoin (BTC) mining companies listed on Nasdaq experienced a rebound, finishing the day in positive territory when…
The cryptocurrency market is experiencing significant volatility, and coming events suggest the trend will continue in March. One notable expectation is the commencement of trials between the U.S. Securities and Exchange Commission (SEC) and Do Kwon, co-founder of Terraform Labs. A schedule of events shows the SEC vs Do Kwon trial would start on March 25, a day that could be significant for LUNC and USDC, two cryptocurrencies linked with the embattled Terraform Labs. Naturally, users expect the trial commencement to generate initial sentiments on the market outlook for the affected cryptos. March 2024 here we go! 👀 pic.twitter.com/MaBBWi0q8R —…
Just days after breaking the 2021 record price, Bitcoin has surged even higher early Friday, setting a new all-time high price above $70,000. Bitcoin, the leading cryptocurrency by market cap, rose as high as $70,099 on Friday per data from Coinbase, beating the previous record price of $69,324 from Tuesday. It’s up 4% over the last 24 hours. The renewed surge comes after a wild day last Tuesday, when Bitcoin finally passed the $69,000 barrier to break its November 2021 record, but then quickly crashed, eventually falling below $61,000 by the mid-afternoon. Bitcoin quickly made up ground, returning to $66,000…
Kevin Rose, the co-founder of the nonfungible token (NFT) collection Moonbirds, has initiated a significant sell-off of his prized NFT collection. Prominent Chinese reporter Colin Wu brought attention to Rose’s massive liquidation moves in a recent post on X. Moonbirds co-founder Kevin Rose is selling off his NFT collection, having sold 328.92 ETH worth of NFTs in the past 16d, including the Fidenza 531 for 142 ETH and xcopy’s “When Airdrop?” for 151.2 ETH. He also transferred CryptoPunk 6419 to others, as well as two ENS domains to a… — Wu Blockchain (@WuBlockchain) March 10, 2024 Colin Wu, citing data…
In a significant development for the Web3 security landscape, GoPlus Security has successfully concluded its Series II+ private funding round, raising $4 million. The round saw participation from a consortium of leading venture capital firms, continuing the momentum from a previous funding round led by Binance Labs in 2022. This brings GoPlus Security’s total funding to $15 million, with contributions from renowned investors such as Binance Labs, SevenX Ventures, Redpoint China Ventures, Avalanche, and Crypto.com. Eskil Tsu, Co-Founder of GoPlus Security, expressed his enthusiasm, stating, “This funding in our Private II+ round is not just a financial boost but a…
The recent performance of Litecoin (LTC) as a payment protocol on BitPay has moved the cryptocurrency to unprecedented levels. Bitpay on Litecoin (LTC) Adoption Rate LTC registered an all-time high (ATH) of about 41% per its count dominance as a payment option on BitPay, one of the top crypto payment processors. BREAKING: #Litecoin is the #️⃣ 1️⃣ #crypto for payments!! Reaching a new ATH of over 41% of all payments on the world’s leading crypto payment processor @Bitpay!!! $LTC is the market leader in real use.. More people #PayWithLITECOIN than the other 3 combined!! pic.twitter.com/RPnYacJiF0 — Litecoin (@litecoin) March 7,…