Author: e_cash_top
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BlackRock could โseedโ spot Bitcoin ETF by the end of October, filing suggests
[ad_1] BlackRock may soon contribute seed funding to its iShares spot Bitcoin (BTC) exchange-traded fund (ETF), according to Bloomberg analystย Eric Balchunas Oct. 23. Balchunas noted that recent filings suggest that BlackRock intends to contribute seed funding at an unspecified date in October. He further explained that ETF seeding occurs when an entity purchases a limited…
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Apple dramatically ramps up AI efforts with $1B annual budget
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more โบ Connected to Alpha Welcome! ๐ You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…
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SECโs Hester Peirce reflects on investor interest in spot Bitcoin ETFs
[ad_1] SEC Commissioner Hester Peirce discussed several pending spot Bitcoin exchange-traded funds (ETFs) in a conversation with CNBC on Oct. 23. Peirce commented on the fact that major asset managers like BlackRock and Fidelity are now applying for spot Bitcoin ETFs. She said: “I think [those applications are] a reflection of the fact that that…
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Reddit moderators removed for suspicion of insider trading during Community Points shutdown
[ad_1] Moderators of Reddit’s largest crypto forum were dismissed over allegations of selling off the subreddit’s native MOON token minutes before Reddit axed its crypto rewards program. As a part of Reddit’s blockchain-based community points program, MOON tokens could previously be distributed, traded, or spent. However, Reddit admins informed moderators of the program cancellation an…
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TUSD refutes claims of association with TEURO amid rumors of private key compromise
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more โบ Connected to Alpha Welcome! ๐ You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…
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Options traders target $50,000 Bitcoin in Q1 2024
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more โบ Connected to Alpha Welcome! ๐ You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…
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Crypto community accuses WSJ of exaggerating Hamas crypto funding by 99%
[ad_1] Crypto community members have accused The Wall Street Journal (WSJ) of publishing misleading information about Hamas crypto-related funding. On Oct. 10, WSJ reported that Hamas had acquired approximately $90 million in cryptocurrency to finance a surprise attack against Israel. This revelation drew significant attention from prominent crypto skeptics, who swiftly used this funding to…
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Chainlink surges 35% in a week as over $100M LINK leaves exchanges
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more โบ Connected to Alpha Welcome! ๐ You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…
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Convergence in drawdowns of Bitcoin and U.S. long bonds, as TLT plunges
[ad_1] Quick Take Last week, Oct. 18, analyst Dylan Leclair observed a similarity in the drawdowns of Bitcoin and TLT. A comparison of the drawdowns of Bitcoin and TLT, the U.S. long bond, an ETF with a total asset holding of $95 billion, according to VettaFi, reveals a fascinating trend. Bitcoin, often under the scanner…
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Bitcoin recent rally pushes MicroStrategy into over $110M in paper profit
[ad_1] MicroStrategy’s Bitcoin (BTC) investment is now in the green, boasting over $110 million in unrealized profits after the flagship asset jumped above $30,000 earlier today, according to CryptoSlate’s data. Saylortracker, a dedicated platform for monitoring MicroStrategy’s BTC holdings, confirms that BTC’s current value surpasses the firm’s average purchase price. Data from the website shows…