BlackRock’s Bitcoin ETF Hits Milestone, AUM Surpasses $10 Billion BlackRock’s Bitcoin exchange-traded fund (ETF) has reached a significant milestone as its assets under management (AUM) have exceeded $10 billion.

The spot Bitcoin ETF market was boosted as of February 29th’s trading closure by the enormous inflows recorded by the offering associated with the top investment asset management company, BlackRock, iShares Bitcoin Trust (IBIT). On Thursday, Grayscale saw massive outflows of $598.9 million, which, if not mitigated, would have caused

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Bitcoin Shake-Up: Galaxy CEO Novogratz Warns Of $55,000 BTC Drop – Here’s Why Bitcoin industry leader Novogratz of Galaxy warns of a potential drop in BTC value to $55,000 – Read on to find out why

With its recent surge above the $64,000 mark, Bitcoin has again proven its attractiveness to a broad spectrum of investors. Amid this bullish momentum, Michael Novogratz, the CEO of Galaxy Digital Holdings, has shared his insights, suggesting a possible short-term correction that could see Bitcoin’s value adjust to the mid-$50,000 range. This forecast comes when

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Sam Bankman-Fried Cites Autism Disorder As Reason To Avoid 100 Years In Prison Sam Bankman-Fried explains that his autism disorder is the reason he wants to avoid spending 100 years in prison.

In a high-profile case that has garnered considerable attention, Sam Bankman-Fried, the disgraced CEO of the now-bankrupt FTX crypto exchange, is seeking a lighter sentence, citing his autism spectrum disorder. Bankman-Fried’s lawyers argue that his condition makes him “uniquely vulnerable” in a prison environment and should result in a reduced sentence of five to six

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Bloomberg Strategist Sees Bitcoin as Global Alternative Currency — Warns Stock Market Drawdown Could Impact BTC A strategist at Bloomberg believes that Bitcoin could become a worldwide alternative currency and warns that a decrease in the stock market may have an impact on Bitcoin.

Bloomberg Intelligence’s senior commodity strategist, Mike McGlone, says bitcoin is “becoming an alternative currency on a global basis,” noting that “The world’s going towards intangible assets and bitcoin is the most significant in cryptos.” However, the strategist warned that as bitcoin’s price approaches $70,000, a key test for the cryptocurrency may come “when the U.S.

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House Financial Services Committee Advances Bill to Repeal SEC Bulletin Preventing Banks From Offering Crypto Custody Services The House Financial Services Committee has moved forward with a bill that would overturn an SEC guideline that currently prohibits banks from providing custodial services for cryptocurrency.

The House Financial Services Committee of the U.S. Congress has advanced a resolution that seeks to disavow SEC SAB 121, a bulletin that leaves banks and financial institutions out of the cryptocurrency custody provider market. However, the resolution, advanced with bipartisan support, is unlikely to be passed at a vote on the House floor, according

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Memecoin Rally Accelerates: Is It Time to Buy or Sell? The rally for Memecoins is gaining speed: is now a good time to buy or sell?

The crypto market has enjoyed a smooth ride in 2024, with recent weeks showcasing a robust bull run. Bitcoin (BTC) has surged above $63K, and Ethereum (ETH) has climbed above $3.5K, sparking an altcoin rally led by memecoins, which have seen triple-digit surges over recent weeks and double-digit gains in

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