Latest Updates Around The World
Coinbase, Binance, and BlackRock collectively own millions of BTC, revealing centralized power amid decentralized cryptocurrency narratives. Bitcoin’s pseudonymous creator, Satoshi Nakamoto, remains the largest holder of the cryptocurrency, controlling approximately 1.1 million BTC. This amounts to approximately 5.5% of the total supply. At current market prices, this holding is worth approximately $75 billion, dwarfing the […]
Advertisement     A senior BlackRock executive said Asian household wealth could serve as a major driver of digital assets if investors allocate even a small portion of their holdings to crypto. Nicholas Peach, head of APAC iShares at BlackRock, has stated that a modest 1% allocation within standard portfolios could potentially translate into trillions […]
Uniswap’s native token, UNI, posted sharp gains on Wednesday after the world’s largest asset manager, BlackRock, announced plans to bring its Treasury Department-backed digital fund, BUIDL, onto the decentralized finance (DeFi) platform. This move, which also includes BlackRock’s intention to purchase UNI tokens, fueled a strong rally for the token during the trading session. BUIDL […]
Institutions use Ethereum to launch tokenized stocks, money market funds, stablecoins, and deposits. In recent months, 35 of the world’s leading financial and technology companies, including BlackRock, JPMorgan and Fidelity, have launched new products and services built directly on the Ethereum blockchain. These moves, detailed in a social media thread from the official Ethereum account, […]
The Nasdaq plans to increase the limit on positions on options contracts for BlackRock’s flagship Bitcoin ETF. The Nasdaq International Securities Exchange filed with the SEC on Wednesday to quadruple the position limits for options on BlackRock’s Bitcoin Exchange Traded Fund (IBIT). The exchange increases the option limit by a factor of four, from 250,000 […]
A recent report discussed how Digital Asset Treasury (DAT) companies like BitMine and Strategy are sitting on billions of dollars in unrealized gains as Ethereum (ETH) and Bitcoin (BTC) lose crucial support levels. Related reading DATs face ‘increasing scrutiny’ On Thursday, crypto insights firm 10x Research said reported that the largest Ethereum Treasury company, BitMine […]
The debut of Canary Capital’s spot XRP ETF was one of the standout moments for the XRP community this year, bringing the token into the US ETF arena with strong opening volume and a lot of attention from traders. Lots of holders entered launch week expecting these types of headline events to push XRP into […]
Federal prosecutors are investigating a group of telecommunications companies accused in a lawsuit of fraud by their lenders, including BlackRock Inc.’s private lending arm. The U.S. Attorney’s Office in Brooklyn, New York, is investigating at least two companies, Broadband Telecom and Bridgevoice, and their owner, Bankim Brahmbhatt, according to a person familiar with the case […]
A consortium led by global asset manager BlackRock, along with chipmaker Nvidia and tech giant Microsoft, plans to acquire Aligned Data Centers from Australian financial services firm Macquarie in a deal worth about $40 billion.The acquisition underlines the tech sector’s escalating race to build artificial intelligence infrastructure – from chips and servers to large-scale data […]
BlackRock’s boss is going all-in on tokenization of real-world assets as he plans to move away from traditional assets and focus on on-chain. “I really believe we are just at the beginning of the tokenization of all assets, from real estate to stocks and bonds, across the board,” BlackRock CEO Larry Fink noted in an […]
