Nearly 100 million shares of BlackRock’s Bitcoin funds were traded on Thursday, setting a new daily volume record. BlackRock’s spot Bitcoin (BTC) exchange-traded fund (ETF) has notched another daily trading volume record as BTC dropped 6% from its daily high over the United States trading day. Barchart data for March 14 shows the iShares Bitcoin...Continue Reading
“If you don’t think the Fed is pursuing a CBDC, think again,” said U.S. Representative Tom Emmer. A United States central bank digital currency (CBDC) is apparently still a top priority for the Federal Reserve, according to U.S. Representative and CBDC opponent Tom Emmer. “If you don’t think the Fed is pursuing a CBDC, think...Continue Reading
Two Democratic senators argue that any further approvals would expose investors to risks including “fraud and manipulation.” Two United States senators want Gary Gensler to pull the pin on any further crypto exchange-traded funds (ETFs), citing “enormous risks” to retail investors. In a March 11 letter, Democrat senators Jack Reed and Laphonza Butler claimed that...Continue Reading
Gaming firm to invest another $100M in Bitcoin and ETH after stock triples, Hong Kong’s in-kind Bitcoin ETF, Bybit warning: Asia Express. Shares of Hong Kong online gaming firm Boyaa Interactive have soared 318% over the past month after the firm approved a $100 million initiative to allocate $45 million of corporate funds to Bitcoin...Continue Reading
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