Thank BlackRock’s Clients For Larry Fink’s Change Of Heart
BlackRock’s CEO once called Bitcoin an “index of money laundering.” Now he’s changed his tune.
Investing
Pepecoin Knockoffs Turn Dollars to Fortunes in Strange New ‘2.0’ Play
Offshoots of several meme coins have popped across the board in a trend that’s likely to die out within weeks.
GBTC Share Price Soars, Discount Narrows to Multi-Month Low on BlackRock ETF Filing Optimism
Investors turned optimistic about Grayscale allowing redemptions in the future after BlackRock’s filing for spot bitcoin ETF last week, one analyst said.
SOL, ADA, MATIC Tokens Slide 20% in Sudden Move Days After SEC Lawsuit Allegations
Several tokens were alleged as securities earlier this week, leading to a possible risk-off among traders.
Demand for Tokenized Treasury Bonds Soars as Crypto Investors Chase TradFi Yield
The combined market capitalization of tokenized money market funds is nearing $500 million as high yields in traditional markets attract crypto capital.
Bitcoin Hovers Below $27K as Fed Chair Powell Makes Modestly Dovish Comments
“The financial stability tools helped to calm conditions in the banking sector. Developments there, on the other hand, are contributing to tighter credit conditions,” says U.S. central bank chair Jerome Powell in a Friday panel.
Ethereum’s Shanghai Upgrade Spurs Institutional Investment Into Staking
Largest staking platforms for institutional investors recorded three times more new deposits than last month, early data shows.
Bitcoin Holds Steady Near $30.5K, Ether Circles Around $2.1K
BTC and ETH have risen about 8% and 12%, respectively over the past seven days. While BTC has driven the market this year so far, the Shapella upgrade has boosted ETH trading, according to an analyst.
Crypto Market Maker DWF Labs’ More Than $200M in Deals Blur What ‘Investing’ Means
DWF Labs made headlines with flurry of investments in crypto projects such as CryptoGPT or Synthetix. A closer examination reveals that many of their deals aren’t typical venture capital investments. However, the firm says it’s all a misunderstanding.
Former BitMex CEO Arthur Hayes Calls His Maelstrom Capital a ‘Very Patient’ Fund
Hayes wants Maelstrom Capital to outperform bitcoin and ether, which won’t be easy.