The world’s largest asset manager, BlackRock, has once again deposited Bitcoin (BC) worth $383,900,000 to Coinbase Prime. As spotted by on-chain tracking platform Lookonchain, the asset manager also moved about $122 million worth of Ethereum (ETH). BlackRock’s recurring Bitcoin transfers stir concern Notably, Coinbase Prime handles crypto assets from institutional investors, either for trading or
Former Evolve Bank and Trust CEO Robert Hartheimer has reportedly been arrested for possession of child pornography, and also faces charges related to the buying and selling of children, according to fintech journalist Jason Mikula. The loss of yet another CEO comes at a difficult time for the Arkansas-based bank, which has been struggling since
Seventeen years after its publication, the Bitcoin white paper is still widely viewed as a novel technical achievement or the starting point for a new digital asset class. This narrow interpretation misses its deeper message. The white paper identified structural weaknesses in global payments and settlement that continue to affect consumers, businesses, and financial institutions
Cryptocurrency analyst Joao Wedson, in his latest assessment of Bitcoin’s (BTC) price movements, suggested that statistical indicators suggest a new all-time high (ATH) is very close. Wedson noted that Alphractal’s metric, known as the “Max Intersect SMA Model,” still indicates that the peak has not occurred. “The last time I mentioned this model, BTC rose
REX Shares unveiled an exchange-traded fund on Friday that will try to turn price swings into weekly income for some of the U.S. market’s most volatile stocks, including crypto-focused companies. The product, dubbed the REX IncomeMax Option Strategy ETF, follows a hedge-fund style strategy to provide cash flow through option premium income, the company said
ONTO Wallet announced today that it has added support for the X Layer Chain, giving its users direct access to the growing X Layer ecosystem. In a brief post on its official channel, ONTO said, “We are excited to integrate the X Layer Chain and fully support the X Layer ecosystem! You can now explore
BlackRock and its tokenization partner Securitize have redistributed a large chunk of the asset manager’s tokenized fund BUIDL across several blockchains, quietly reducing its market cap on Ethereum by about 60%. Data from RWAxyz shows that the $2.8 billion fund’s holdings on Avalanche, Aptos, and Polygon jumped to around $554.7 million, $544.1 million, and $530.9
Buyers are more powerful than sellers on the last day of the month, according to CoinStats. BTC/USD Bitcoin (BTC) is one of the biggest gainers today, rising by 2%. On the hourly chart, the rate of BTC has broken the local resistance of $110,463. If buyers can hold the initiative and the daily bar closes
US stocks opened higher on Friday,with S&P 500 and Nasdaq Composite posting decent gains as Wall Street cheered strong earnings results from Big Tech giants Apple (AAPL) and Amazon (AMZN). Summary S&P 500 gained 0.6% and Nasdaq soared 1.2% as US stocks opened higher on Friday. Apple and Amazon stocks jumped 2% and 12% respectively
Bitcoin is down 5.51% this month, which is on track to be the first red October in seven years. Summary Bitcoin price is on track to break its seven-year streak of “Uptober” gains Experts cite macro uncertainty and recent ETF outflows Bitcoin’s October streak is broken. After seven straight years of gains, the world’s top