BlackRock’s iShares Bitcoin Trust (IBIT) now holds 700,000 bitcoin BTC$108,479.48 , according to Glassnode data, and has amassed $76 billion in assets under management in just 18 months, outstripping both the iShares Core S&P 500 ETF (IVV), which tracks the U.S. equity benchmark, and iShares Russell 2000 ETF (IWM), which tracks the performance of small-cap
The Fed may start cutting interest rates earlier than expected, according to Goldman Sachs. Economists at the agency predict that the rate cut could begin in September as inflation pressures ease and the impact of tariffs weakens. This forecast means the previous December expectation has been brought forward by three months. The Goldman Sachs Research
According to data shared by blockchain analysis firm Arkham Intelligence, a wallet linked to the US government transferred a total of 86,56794 ETH (approximately $219,000) to the Coinbase Prime platform today. The transfers occurred in two separate transactions: one was worth just 0.00394 ETH (about $10), and the other was worth 86,564 ETH. The source
With the United States Securities and Exchange Commission (SEC) focusing on institutional reforms rather than XRP spot ETF approval, XRP investors’ hopes are fading. According to prediction platform Polymarket, by the end of July the probability of approval for an XRP spot ETF had dropped to just 7%, down from 50% in April and 32%
Crypto.com introduces copy-trading, offering automated strategies based on prominent stock whales. The app will unroll the feature for regular users to tap demand for stock market exposure. Crypto.com will introduce a new copy-trading feature based on the portfolios of prominent investors. The new feature will not require an additional subscription fee or premium status. JUST
Are you ready to dive deeper into the world of blockchain, with unparalleled clarity and insight? The crypto community is buzzing with excitement following a significant announcement from Etherscan, the go-to platform for Ethereum blockchain data. Via their official X (formerly Twitter) account, Etherscan unveiled HyperEVM Scan, a brand-new, dedicated block explorer tailored specifically for
DeepLink and Roam have announced a strategic partnership to deliver borderless cloud infrastructure that is aimed at transforming the decentralized enjoyment of gaming and internet services in a very powerful partnership. We’re excited to announce a strategic partnership with @weRoamxyz — joining forces to unlock truly borderless cloud access. 🌐 Roam is building the future
Barstool Sports founder Dave Portnoy has announced that he invested $10 million in Tesla stock (NASDAQ: TSLA), aiming to profit from a quick rebound amid the ongoing sell-off. At the time of his purchase, Tesla shares were showing weakness, trading at $293.76 and down 6.85% on the day. Portnoy described his approach as buying the
Former Binance CEO Changpeng Zhao recently took to the X social media network to shut down the idea that cryptocurrencies can result in quick gains. In fact, he urged potential investors to stay away from the nascent asset class if that is their goal. “If you want to get rich quick, don’t touch (and blame)
US President Donald Trump looks to revive ghosts of the April 2 ‘Liberation Day’ as he moves forward with his reciprocal tariffs ahead of the July 9 deadline. The president has announced a 25% tariff on goods from Japan and South Korea. Meanwhile, the BTC price is now at risk of dropping below the $108,000