Bitcoin is a must-own as the world’s only truly scarce asset, analysis argues, as U.S. BTC accumulation takes a leg up. Bitcoin will suck in “all prosperity gains” in future and leave behind those who have no exposure as a result, a new prediction says. In a Twitter thread on July 8, investor Luke Broyles delivered a bold…
According to a JPMorgan report, spot Bitcoin ETFs have been available in Canada and Europe without drawing large investor interest. A possible approval of a spot Bitcoin exchange-traded fund (ETF) won’t be a game changer for crypto markets, although it might benefit the leading cryptocurrency, according to a report by JPMorgan managing director Nikolaos Panigirtzoglou….
The CEO of the world’s largest asset management firm, Larry Fink, spoke on BlackRock’s spot Bitcoin ETF filing and the potential benefits of crypto. Larry Fink, the CEO of BlackRock, has delivered pro-crypto remarks amid the asset manager applying to list a spot Bitcoin exchange-traded fund (ETF) in the United States. Speaking on Fox Business…
During a Twitter Space on July 5, Binance CEO Changpeng Zhao delivered his forecast for the next Bitcoin bull run. Binance CEO Changpeng Zhao has delivered his prediction for the next Bitcoin bull market. Speaking in a July 5, “ask me anything” session on Twitter, CZ covered the potential entry of BlackRock into the crypto market,…
Want some worthless “paper” Bitcoin? With the rise of Bitcoin ETFs, you might soon have the chance to invest in something as worthless as the U.S. dollar. Recent weeks have seen a surge in interest from traditional finance for crypto-based exchange-traded funds (ETFs). After the Securities and Exchange Commission took issue with its initial filing,…
Bitcoin investment products have experienced $310.6 million in inflows over the last two weeks. Bitcoin (BTC) has been the “primary focus” for institutional investors over the last two weeks, according to Coinshares, as the cryptocurrency continues to hit new prihighs for 2023. In a July 3 report from CoinShares’ Head of Research James Butterfill, the analyst noted that Bitcoin-related…