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Vanguard, the second-largest ETF provider, has tripled down on its rejection of bitcoin and the crypto asset class, declaring that the merits of these digital assets are “weak” and based on speculation. Vanguard Belittles Bitcoin Yet Again: Might Make Investors Lose Money Even with the recent hike in price and interest for bitcoin and the … Read more
On Friday, the 12 spot bitcoin exchange-traded funds (ETFs) hit another high note, pulling in $428.98 million during the day’s trading session. Meanwhile, nine spot ether ETFs added $23.61 million to their tally. Bitcoin ETFs Dominate as $429M Floods In—Ether Funds Join the Party with $24M Both bitcoin and ether ETFs ended the day on … Read more
Microstrategy’s bitcoin-focused strategy has ignited a staggering 500% stock surge, with projections of bitcoin hitting $13 million, solidifying its dominance in high-stakes investing. 500% Stock Gains, $13M Bitcoin Projection: Microstrategy’s Wild Ride Microstrategy (Nasdaq: MSTR) Executive Chairman Michael Saylor shared a chart illustrating the performance of Microstrategy’s stock against other major investments on Thursday. Since … Read more
The report notes bitcoin’s integration into diversified portfolios with a recommendation to allocate 1.55% for optimal diversification and portfolio stability. Bitcoin 2025 Target: $160,000 Matrixport, an all-in-one hub for crypto financial services in Asia has predicted bitcoin to hit $160,000 in 2025. This is according to its bitcoin 2025 target report released on Friday, Dec. … Read more
Peterffy wants to see more investors add bitcoin to their assets but keep their holdings to a minimum. Investors Should Add Bitcoin to Assets Billionaire founder of Interactive Brokers Group, Thomas Peterffy has advised clients to acquire some bitcoin but to keep their holdings small due to the volatility of the asset. Speaking on Wednesday … Read more
A policy that could allow the use of bitcoin in city financing has been enacted by the Vancouver City Council. Vancouver Votes to Get Ahead on Bitcoin Vancouver, the third-largest metropolitan area in Canada, has passed a policy that could result in the use of bitcoin in city finances. The council of the Canadian city … Read more
U.S. spot bitcoin (BTC) and ether (ETH) exchange-traded funds (ETFs) enjoyed a positive momentum on Wednesday. BTC-focused ETFs brought in $223.03 million, while their ETH counterparts saw inflows of $102.03 million. Bitcoin and Ether ETFs Continue to Rally On Wednesday, the 12 U.S. spot bitcoin (BTC) exchange-traded funds (ETFs) collectively attracted $223.03 million in inflows … Read more
Crypto.com announces a banking partnership with Deutsche Bank to enhance corporate banking operations in Asia-Pacific. Deutsche Bank Joins Crypto.com as Banking Partner Across Asia-Pacific According to an announcement shared with Bitcoin.com News, Crypto.com has formed a partnership with Deutsche Bank to access corporate banking services in Singapore, Australia, and Hong Kong. The team detailed that … Read more
On Tuesday, spot bitcoin and ethereum exchange-traded funds (ETF) attracted a notable $745.3 million in combined inflows. The two groups of funds saw steady participation, emphasizing continued investor interest in these assets. Bitcoin ETFs Lead the Pack: Cumulative Inflows Skyrocket to $34.35 Billion On Dec. 10, 2024, spot bitcoin ETFs pulled in $439.56 million in … Read more
Key partnership between Binance and Circle seeks to accelerate the adoption of USDC and digital assets worldwide. Binance and Circle Join Forces for Global Crypto Adoption A new strategic partnership between Binance and Circle Internet Group was launched at the Abu Dhabi Finance Week. The cooperation will increase the use of USD Coin (USDC) and … Read more
