Coinbase CEO, Experts Dismiss BlackRock IOU Rumors
Industry insiders and Coinbase CEO Brian Armstrong quickly shot down allegations that the company had issued Bitcoin IOUs. Industry insiders and Coinbase CEO Brian Armstrong quickly dismissed rumors that Coinbase had issued Bitcoin IOUs. Crypto analyst Tyler Durden, known for his critical stance, accused Coinbase over the weekend of allowing BlackRock, the company managing the […]
Microsoft & BlackRock To Launch $30 Billion AI Infrastructure Fund
BlackRock partnered with Microsoft to develop a $30 billion fund to address AI infrastructure needs such as energy and data centers. BlackRock is preparing to launch an ambitious investment fund exceeding $30 billion in partnership with Microsoft. This fund will focus on developing data centers and energy projects to meet the growing needs of artificial […]
Can BlackRock’s Support of Coinbase cbBTC Push Comm Trust?
Coinbase cbBTC is currently experiencing transparency issues due to Justin Sun’s concerns. Analysts remain optimistic about the reserve’s integrity due to BlackRock’s support. Concerns regarding the reserve transparency of Coinbase cbBTC have been exacerbated by its introduction on the Base network. After Justin Sun identified the absence of Proof-of-Reserve (PoR) for the new product, these […]
BlackRock Introduces Ethereum ETF In Brazil Through BDR
BlackRock’s Ethereum ETF, ETHA39, is now available on Brazil’s B3 exchange, with a 0.12% commission charged during the initial year. The Ethereum ETF, recently introduced by BlackRock , will commence trading in Brazil on Wednesday, August 28, 2024. BlackRock’s cryptocurrency offerings in the Brazilian market will be expanded with the availability of the ETF on […]
BlackRock Adds 4,000 Bitcoin ETF Shares To Global Bond Fund
In response to the increasing institutional interest, BlackRock has increased its Strategic Global Bond Fund holdings by 4,000 Bitcoin ETF shares, bringing the total to 16,000. BlackRock has disclosed an updated Strategic Global Bond Fund portfolio, which indicates a substantial increase in its Bitcoin ETF Shares. The fund’s iShares Bitcoin Trust (IBIT) holdings increased from […]