In a significant development, Blackrock, the world’s largest asset manager, has amended its prospectus for the Blackrock Global Allocation Fund to potentially include investments in bitcoin exchange-traded products (ETPs). This move, filed with the U.S. Securities and Exchange Commission (SEC), signals a new avenue for traditional investors to gain exposure to the digital asset market. […] Source: https://news.bitcoin.com/blackrock-explores-bitcoin-etp-investments-for-global-allocation-fund/
In a CNBC interview, Pomp Investments’ Anthony Pompliano delivered an optimistic forecast for bitcoin, suggesting a potential rise to $138,000 per unit shortly. He pointed out that historically, bitcoin has doubled its value within 18 days or less after surpassing previous peak prices on three out of four occasions. Pomp Investments’ Founder Envisions Bitcoin Outperforming […] Source: https://news.bitcoin.com/anthony-pompliano-predicts-bitcoins-price-could-double-soon-leading-crypto-could-eventually-eclipse-gold/
The Dark Knight is returning to the Ethereum ecosystem in a new NFT collection commemorating the 85th anniversary of Batman’s first appearance in “Detective Comics #27.” The Legacy Cowls Collection is the next installment of the Bat Cowl Batman-themed NFT series that debuted in 2022. Made in collaboration with DC Comics and Warner Brothers Discovery Group, The Legacy Cowls Collection…
Bitcoin ETFs have nearly hit $50 billion assets under management and have tipped the crypto market into an exciting period of growth. Since the ten new (and one converted) Bitcoin Spot ETFs were approved by the SEC, ETFs have dominated the crypto market. Vetle Lunde, a senior analyst at K33 Research, projected on X that the “newborn nine” will soon…
In an email found within the motion by Digital Currency Group (DCG) and Barry Silbert to dismiss the lawsuit initiated by the New York Attorney General, discussions of a potential merger between Gemini and Genesis were revealed before Genesis ultimately opted to declare bankruptcy. “Combined Gemini and Genesis would be a juggernaut and would be […] Source: https://news.bitcoin.com/email-shows-digital-currency-group-and-gemini-explored-merger-before-genesis-bankruptcy/
In a significant shift, Goldman Sachs has upgraded its rating on Coinbase shares from selling to neutral, citing a surge in crypto prices and record-breaking daily volumes. The adjustment to a $282 price target reflects the bank’s reassessment of the San Francisco-based crypto exchange’s revenue potential and operational strides toward profitability. Goldman Sachs Shifts Gears: […] Source: https://news.bitcoin.com/goldman-sachs-reevaluates-coinbase-eyes-neutral-stance-amid-crypto-surge/
The BBC has announced that it has begun using generative AI to create marketing materials for its television shows, starting with the cult hit sci-fi series “Doctor Who.” At present, the experiment involves only written materials, such as emails, push notifications, and search results on the BBC website pertaining to marketing “Doctor Who.” According to David Housden, head of Digital…
On Friday, bitcoin and ethereum experienced modest upticks, registering increases of 2% to 5%, respectively. Meanwhile, the meme coin FLOKI has soared by 70% in the last 24 hours, with PEPE also making notable gains of 32.7%. Friday saw around ten cryptocurrencies achieving double-digit increases, propelling the total crypto market valuation to $2.6 trillion. Crypto […] Source: https://news.bitcoin.com/from-laughs-to-loot-meme-coins-floki-and-pepe-see-explosive-growth-amidst-crypto-surge/
Bitcoin has once more surpassed its previous highest point of $69,210, established on March 5, 2024, as documented by Bitstamp. Currently, the digital currency holds steady above the $68,000 mark, having outdone its prior peak and ascended to $70,184 per coin. New Peaks: Bitcoin Tops $70,000 While Ethereum Briefly Crosses $4,000 The value of bitcoin […] Source: https://news.bitcoin.com/bitcoin-sets-new-record-climbs-above-70000-mark-ethereum-hits-4k-milestone/
The price of Ethereum broke $4,000 today as the crypto bull market continues just as Bitcoin again set a new all-time high and broke above $70,000 on Friday, according to Coinbase. ETH has been trading above $3,900 since early in the morning on Friday before it reached $4,000 exactly—for a 4.20% increase in the past 24 hours—on Coinbase and then…
