Bitcoin ( BTC 1.30%) had a phenomenal year in 2024. The cryptocurrency returned 119%, easily outperforming the 23% gain in the S&P 500 (SNPINDEX: ^GSPC), which itself is commonly seen as a barometer for the overall U.S. stock market. In fact, only five stocks in the S&P 500 created more wealth than Bitcoin last year.
BlackRock, the world’s largest asset management firm, reportedly purchased $600 million worth of Bitcoin on January 22. This marks its largest acquisition of the crypto this year. The recent BTC acquisition was spotted by blockchain analytics platform Arkham Intelligence.
If everybody adopted that conversation, it would be $500,000, $600,000, $700,000 for bitcoin’ — Larry Fink That’s Larry Fink, chief executive at BlackRock Inc., the world’s largest asset manager, who says that bitcoin could reach $700,
Trump’s recent executive order may signal the end of Bitcoin’s historically rigid four-year market cycle. With regulatory clarity, institutional adoption, and government-backed initiatives, could this policy shift usher in a new era of sustained growth—eliminating the dreaded crypto winter?
The in-kind redemption system was designed as these evolving market dynamics took shape, aiming to accommodate growing institutional interest in cryptocurrency. BlackRock's iShares Bitcoin Trust ...
As the Trump administration explores a U.S. cryptocurrency stockpile, two Texas bills filed this session are looking to be at the forefront of establishing a strategic bitcoin reserve for the state.
Nasdaq has proposed a new system for BlackRock's iShares Bitcoin ETF, allowing institutional investors to redeem shares directly for bitcoin instead of cash. This innovative model aims to streamline operations,
BlackRock's ( NYSE: BLK) iShares Bitcoin Trust ( NASDAQ: IBIT) has more than doubled in value since its debut in Janaury 2024, and is up about 8% this month. BlackRock on Monday launched the ETF on Cboe Canada, expanding access to Canadian investors.
As of Thursday's close, the Nasdaq 100 is up 17,106% since its Jan. 31,1985, inception. President Donald Trump 's election helped fuel bitcoin record highs due to high hopes on deregulation. The cryptocurrency is trading around the $104,000 level.
Thanks to record-breaking ETF launches by BlackRock and Fidelity, which accumulated $112 billion in bitcoin, as well as Donald Trump's re-election in
Innovative features like Trade2Earn, the Trader Funding Program, and the intriguing $FXG token are making FX Guys a good top DeFi coin for notable growth.
Nasdaq has taken a decision on Bitcoin ETFs, particularly aimed at BlackRock's iShares Bitcoin Trust (NASDAQ:IBIT), that may make existing and potential Bitcoin investors breathe a sigh of relief. On Jan.