Bitcoin has rocketed higher this year in large part due to BlackRock, the world's largest asset manager, putting its $10 trillion weight behind
Leading Bloomberg analyst Eric Balchunas said Monday that Blackrock’s iShares Bitcoin Trust ETF (NASDAQ:IBIT) could surpass SPDR S&P 500 ETF Trust (NYSE:SPY) to become the world’s top exchange-traded fund,
A financial analyst has warned a $4.1 trillion drop in the global money supply could be about to trigger a bitcoin price crash to
Bitcoin is a proof-of-work (PoW) system, not a proof-of-stake (PoS) system. It doesn't matter how much bitcoin BlackRock owns; economic nodes hold the real power.
The long-standing certainty around Bitcoin’s 21 million supply cap has been called into question following a recent explainer video by BlackRock. In the video, while reaffirming Bitcoin’s status as a fixed-supply asset,
Adam Back clarified that this legal fine print in the video reflects BlackRock’s lack of control over Bitcoin’s decentralized protocol.
The world’s largest asset manager BlackRock released a video promoting Bitcoin. But hodlers aren’t happy about its disclaimer.
BlackRock’s iShares Bitcoin Trust ETF has been a roaring success, smashing records and now managing $53.8 billion in assets. But the world’s biggest asset manager still has a conservative view of the cryptocurrency—and recommends that investors who ...
That right there screams to me that Bitcoin is becoming recognized as a legit and established asset class in the eyes of the financial elite, and then eventually the mainstream.
BlackRock Bitcoin ETF (IBIT) recorded its highest outflow ever since launch after Fidelity's FBTC recorded its largest outflow earlier this week.
The spike in activity likely stems from "cash-secured" selling of the options by traders who missed the rally in the ETF.
The world’s biggest asset manager says that Bitcoin does have a place in multi-asset portfolios — up to a certain point.