BlackRock was one of the first institutional investors to offer exchange-traded products in the US. London: BlackRock has launched its first bitcoin exchange-traded product in Europe, in a bid to tap growing demand for cryptocurrency exposure in new markets after attracting more than $50 billion into similar products in the United States. The world’s largest … Read more
London, United Kingdom: The creation of a “Strategic Bitcoin Reserve” in the United States is further proof of President Donald Trump’s support for the cryptocurrency sector. Trump earlier this month signed an executive order establishing the reserve, which White House crypto chief David Sacks has likened to “a digital Fort Knox”, comparing it to the … Read more
The cryptocurrency market remains highly volatile due to ongoing macroeconomic and geopolitical developments. On Friday, March 7, Bitcoin recorded a loss of over five percent on international exchanges, bringing its price down to $87,726 (roughly Rs. 76.4 lakh), according to CoinMarketCap. A similar trend was observed on Indian exchanges, where platforms like CoinDCX, Giottus, and … Read more
WASHINGTON: US President Donald Trump signed an executive order on Thursday to establish a strategic bitcoin reserve, a day before meeting with executives from the cryptocurrency industry at the White House. The reserve will be capitalized with bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfeiture proceedings, … Read more
US President Donald Trump has named five cryptocurrencies he wants to be part of a new strategic reserve – in other words, crypto holdings owned by the US government. In a post on Truth Social on Sunday, Trump announced that his January executive order on digital assets would create a stockpile of XRP, SOL and … Read more
Since US President Donald Trump took office on January 20, 2025, the country’s stock markets and Bitcoin’s price have plunged. Despite the initial optimism surrounding Trump’s business and crypto-friendly agenda, the first couple of months of 2025 have not delivered the expected results. Since Trump’s inauguration, all major US stock indexes have been in the … Read more
The digital unit fell to as low as $79,525.88 in early Asian trade. Hong Kong: Bitcoin sank below $80,000 on Friday for the first time in more than three months as a sell-off in the cryptocurrency sector gathered pace amid volatility in global markets. The digital unit fell to as low as $79,525.88 in early … Read more
Bitcoin is the world’s largest cryptocurrency by market value. London: Cryptocurrencies bitcoin and ether dropped to multi-month lows on Tuesday, caught up in a general cross-market sell-off, and as traders continued to process last week’s hack of $1.5 billion worth of ether from cryptoexchange Bybit. Bitcoin, the world’s largest cryptocurrency by market value, dropped as … Read more
In a desperate bid to recover his lost fortune, a computer expert is planning to purchase an entire landfill in South Wales, where he believes his hard drive containing 8,000 Bitcoin, worth a staggering $775 million (nearly Rs 6,500 crores), is buried. According to the Guardian, James Howells’ desperate attempt comes after a 12-year search … Read more
Bitcoin on Wednesday, February 12, showed a price dip of 2.43 percent on international exchanges. With this, Bitcoin is trading at the price point of $95,873 (roughly Rs. 83 lakh) on global platforms, as per CoinMarketCap. On Indian exchanges like CoinSwitch and CoinDCX, the value of BTC slipped by around 2.25 percent over the last … Read more
The US Securities and Exchange Commission on Thursday approved part of an application for a novel exchange-traded fund that would track the two largest cryptocurrencies. The Bitwise Bitcoin and Ethereum ETF from Bitwise Asset Management would seek to provide investors with a balanced exposure to the two digital assets, weighted by their market capitalisation. The structure of … Read more
CB President Christine Lagarde on Thursday expressed confidence that Bitcoin will not be included in the EU’s list of reserved assets. The top official’s stance comes weeks after US President Donald Trump’s made statements that he plans to add BTC to the country’s reserves. Bitcoin’s value dropped by 1.23 percent on Friday amid ongoing market … Read more