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US Department of Justice Wallet Transfers $131M Worth of BTC to Coinbase Prime

US Department of Justice transfers $131M worth of BTC to Coinbase Prime. What does this mean for the crypto market? Find out more.

Temporary Calm Before Jerome Powell’s Address at Jackson Hole

All eyes remain fixed on Bitcoin (BTC), as the market continues to be watchful within a narrow trading range extending over several days, and August 23 is no exception. Presently, attention is directed towards Jerome Powell's address at the annual Jackson Hole event. Investors...

BlackRock CEO Larry Fink: Bitcoin Poised to Revolutionize Finance

In mid-June, the asset management giant filed paperwork with the U.S. Securities and Exchange Commission (SEC) for a spot bitcoin exchange-traded fund. BlackRock (BLK) CEO Larry Fink stated that cryptocurrencies, specifically bitcoin (BTC), have the potential to revolutionize the financial system in an interview with...

Fidelity is planning to launch an NFT trading fund and is considering an acquisition offer for Grayscale

Fidelity Investments, the world's third-largest asset management company with $4.2 trillion in assets under management, is preparing to file an application to launch a Bitcoin exchange-traded fund (ETF) similar to the Grayscale Bitcoin Trust. The company also plans to make an acquisition offer for...

Tether announces its vision to acquire bitcoin and invest part of its profits in it

Tether, the company responsible for the largest stablecoin in the digital economy of cryptocurrencies, announces its strategic vision for the acquisition of bitcoin (BTC) using its profits. The company said in a blog post that it will regularly allocate up to 15% of its...

Mark Yusko predicts the beginning of the “Summer of Cryptocurrencies” in mid-June

Mark Yusko, the founder and CEO of cryptocurrency hedge fund Morgan Creek Digital, believes that the digital currency market will soon experience a surge. In a recent interview with Blockworks Macro, Yusko points out that his earlier prediction of a bullish market for digital...