Nomura Crypto Division Loses Profit During Market Downturn
Nomura lowers its profit projections for Laser Digital in light of the dwindling trading volumes in the crypto market and places wagers on BlackRock’s entry. In light of the recent decline in the cryptocurrency market, the banking behemoth Nomura Holdings Inc. recently stated that its cryptocurrency unit, Laser Digital, may take longer than anticipated to […]
CZ Predicts Bitcoin Bull Market in 2025, Addresses Regulatory Issues
The Binance CEO shared his views on the future of Bitcoin, BlackRock’s entry into crypto, and Binance’s regulatory challenges in a Twitter session. In a recent interactive Twitter session, Changpeng “CZ” Zhao, the CEO of Binance, made a bold prediction for the next Bitcoin bull market. The information session, held on July 5, covered a […]
Bitwise Follows BlackRock’s Lead, Reapplies for Bitcoin Spot ETF
Bitwise Asset Management, on June 16, submitted a document requesting a change in regulation to allow for its upcoming Bitcoin spot ETF. Previously, the U.S. Securities and Exchange Commission (SEC) had denied Bitwise’s application for a Bitcoin spot ETF in June 2022. The SEC cited reasons such as the lack of a sufficient surveillance-sharing system, […]
BlackRock Bitcoin ETF to be Reality Soon
BlackRock, the largest asset manager globally, is reportedly planning to apply for the registration of a Bitcoin exchange-traded fund (ETF) with the Securities and Exchange Commission (SEC). According to insider sources, progress is being made on the application. To facilitate the future Bitcoin ETF, BlackRock, based in New York City, intends to collaborate with Coinbase […]
BlackRock launches new private spot Bitcoin trust
World asset manager BlackRock has reportedly started a new private spot Bitcoin (BTC) trust which is basically of service to institutional clients in the United States. The fund, which is solely open to institutional investors in the United States, aims to monitor the performance of Bitcoin after deducting costs and obligations associated with the trust. […]