New data reveals that asset management titan BlackRock’s Bitcoin (BTC) exchange-traded fund (ETF) has surpassed its gold counterpart in terms of net …
Bitcoin
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Investors who have plugged money into cryptocurrency-related companies—some of which are considered proxies for Bitcoin and other top assets—are having a field …
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BlackRock, the world’s largest asset manager, now handles more Bitcoin than gold for its flagship iShares exchange-traded funds (ETFs). To put it …
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Adoption
El Salvador’s One Bitcoin Per Day Strategy Pays Off with $24.54M in Gains
by shayaanby shayaanEl Salvador’s bold Bitcoin investment has paid dividends as the country’s holdings surge, yielding around $24.54 million in profit. In November 2022, President …
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Cryptocurrency mining firm HIVE Digital has released its October production results, showcasing a 51% year-over-year growth in its Bitcoin portfolio value. Global …
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BlackRock’s IBIT accounted for most of the inflows at $1.1 billion, with zero net outflows from any product. www.coindesk.com
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Regulation
Pro-Crypto FIT21 Bill Likely Dead as Bitcoin Lobby Eyes Bigger Prize: Sources
by shayaanby shayaanThe crypto lobby cheered when the House passed the Financial Innovation and Technology for the 21st Century Act, or FIT21, earlier this …
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Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ …
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Mining
Jack Dorsey’s Square to Invest More in Bitcoin Mining and Shut Decentralized ‘Web5’ Venture
by shayaanby shayaanJack Dorsey’s payment firm Block (SQ) plans a renewed focus on building equipment for bitcoin (BTC) miners and its self-custody crypto wallet, …
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Mining
Galaxy Digital explores AI potential in response to Bitcoin mining slowdown
by shayaanby shayaanGalaxy Digital is the latest Bitcoin mining firm exploring a shift to AI, driven by increasing competition and rising mining difficulty within …