Two American financial advisors have made a large investment of $40 million, setting a new record as the biggest single contribution to Fidelity’s Bitcoin ETF offered by Fidelity. Based on information from Bloomberg analyst Eric Balchunas, financial advisory firms Legacy Wealth Management and United Capital Management of Kansas have recently purchased $20 million worth of … Read more
Bitcoin (BTC) recently underwent its fourth reduction in new supply creation, leading to anticipation among market players regarding its potential effects. The worth of Bitcoin, though, derives from its exclusive “moneymanship traits.” One discovery made by Joe Burnett, a researcher at Unchained – a Bitcoin financial services firm specializing in collaborative custody solutions for BTC … Read more
The SEC has delayed making a decision on Franklin Templeton’s request to launch a Ether ETF on the US markets. The SEC announced on April 23 that it would take longer to make a decision on Cboe BZX Exchange’s proposal to list and trade Franklin Ethereum Trust shares. The commission now has until June 11 … Read more
Near Protocol, or NEAR, distinguishes itself with its low fees, fast processing times, and eco-friendly approach. This piece explores the potential growth of Near Protocol based on technical evaluations and market trends as it moves closer to hitting the significant $10 mark. The Near Protocol price chart shows a negative trend with a falling channel … Read more
Over the last five years, Bitcoin’s (BTC) price growth has surpassed Tesla’s (TSLA) stock increase in terms of percentage points. If Tesla had held onto their Bitcoins instead of selling them in 2022, they could have earned an additional $1.27 billion in profit. BTC overtakes TSLA in long-term gains In the last five years, Bitcoin’s … Read more
Tether, the issuer of USDT, announced it will prevent transactions from sanctioned entities’ associated addresses at their request, according to reports suggesting Venezuela’s state oil company used USDT for sanctions evasion. A representative from Tether assured CryptoMoon that the organization continues to prevent transactions with entities subject to sanctions by the Office of Foreign Assets … Read more