Day: 18 January 2024

Flowdesk, a renowned French-based digital asset market maker, has raised $50 million in a Series B funding round to bolster its operations.  The investment round was led by venture capital company Cathay Innovation and comprised contributions from Ripple, Eurazo, Speedinvest, Cathay Ledger Fund, BPI, and ISAI. Flowdesk aims to use ...

BlackRock's iShares Bitcoin ETF portfolio now comprises 99% of Bitcoin and about $1 billion in assets under management (AUM). This accomplishment marks BlackRock as the first among the new Bitcoin ETF issuers to reach such a substantial holding. According to a trading report published today, Thursday, January 18, IBIT's holding ...

Bitwise has climbed up the ranks of top ETF issuers by assets under management (AUM) after it added over $63 million worth of Bitcoin tokens to its portfolio.  On Thursday, January 18, Hunter Horsley, the CEO of Bitwise, took to X to announce this latest crypto asset purchase. According to ...

Bitcoin's downward price trend may not be over, as various indicators and metrics suggest that a price correction may not occur until a new price surge is in view. Despite the recent successes of Bitcoin ETF issuers in acquiring operational approval from the US SEC, Bitcoin continues to decline, and ...

Following the recent approval of multiple Exchange Traded Funds (ETFs) focused on Bitcoin by the US Securities Exchange Commission (SEC), speculation has intensified regarding the cryptocurrency's future trajectory. While some analysts anticipate a price dump for the world's largest crypto, Fidelity Investments executive Jurrien Timmer holds a different view. Timmer, ...