According to farside.co.uk’s data, the BlackRock iShares Bitcoin Trust (IBIT) didn’t receive any new investments for the first time since Bitcoin ETFs became available in the US in January, with a $0 inflow. Previously, IBIT had amassed approximately $15.5 billion within 71 days. However, things changed dramatically on April 24. The Fidelity Wise Origin Bitcoin … Read more
Last week, the Bitcoin Halving 2024 occurred, sparking great interest among investors, miners, and crypto enthusiasts worldwide. They eagerly watched the unfolding events, pondering over its possible consequences for the Bitcoin ecosystem. After a 50% reduction in rewards by Halving, there’s growing unease within the crypto community regarding mining’s continued viability in the ecosystem. Various … Read more
A pioneering art platform, 10101.art, was recently unveiled at Dubai’s upscale Ritz-Carlton. This innovative launch allows individuals to purchase tokens for iconic art pieces by famous artists such as Banksy and Warhol. During the exclusive event, attendees were granted early buying privileges. The story of the latest event is still unfolding! 🌠Just recently, we … Read more
In 2023, there was a significant increase in the use of cryptocurrencies within the Canadian financial industry based on the 39% of participants in a KPMG survey who reported having involvement with crypto, either directly or indirectly. The world of cryptocurrencies is constantly changing at a fast pace. Check out the newest developments and forecasts … Read more
The US Senate is proposing a law to encourage banks to enter the world of stablecoins, according to S&P Global’s assessment. A proposed bill called the Payment Stablecoin Act, introduced on April 17th, may lead to American bankers creating stablecoins pegged to the US dollar. This development could pose a challenge for non-American corporations, like … Read more