BlackRock, the largest asset manager in the world, is doubling down on bitcoin. Just a week after forging an alliance with cryptocurrency exchange Coinbase, BlackRock announced launching a new private spot bitcoin trust for its U.S.-based clients. BlackRock Launches Its First-Ever Bitcoin Trust BlackRock announced Thursday it had launched a […]
A popular cryptocurrency trading expert has identified a key Bitcoin ($BTC) price level to watch after noting that a technical indicator flashed a buy signal that could take Bitcoin’s price above the $24,000 mark. Shortly after the expert, Ali Martinez, pointed out that the TD Sequential indicator was presenting a […]
On Thursday (August 11), BlackRock, which is the world’s top asset management firm by total AUM, launched a new spot Bitcoin trust aimed at U.S. institutional clients. BlackRock, which was founded in 1988, started with just eight people working in one room. It made its Initial Public Offering on the New […]
On Monday (August 8), asset management firm ARK Investment Management LLC (AKA “ARK Invest” and “ARK”) explained why it found the recently-announced partnership BlackRock and Coinbase highly bullish for Bitcoin. ARK Invest, which was founded by Catherine Wood in 2014. In issue #328 of its newsletter, which was published yesterday, […]
Shares of mobile technology company AppLovin Corporation (APP) are down more than 9% Tuesday morning after the company said it has submitted a merger proposal to the Board of Directors of video game software development company Unity Software Inc. (U). The all-stock merger consideration would value Unity at $58.85 per […]
Recently, highly respected equity research analyst and investment strategist Lyn Alden talked about how stablecoins are being used and how they will be used to solve real world problems over the next decade. Alden, who provides equity research and investment strategies for clients, made her comments during an interview with Anthony Pompliano, […]
Highly popular New Zealand based crypto analyst said earlier today (August 5) talked about the strategic partnership between Coinbase and BlackRock (the world’s top asset management firm by total AUM) that was announced yesterday. BlackRock, which was founded in 1988, started with just eight people working in one room. It […]
The flagship cryptocurrency Bitcoin ($BTC) has flashed a rare bottom signal for only the fourth time in its existence, suggesting the bear market may soon be over and that BTC’s price could soon start recovering after at one point being down 74% from its peak. According to widely-followed cryptocurrency analyst […]
Cryptocurrencies made strong gains early on Wednesday amidst easing geopolitical tensions and positive sentiment in stock markets worldwide. Market capitalization increased more than 3 percent to $1.08 trillion, versus $1.06 trillion a day earlier. The crypto market is currently dominated 41.3 percent by Bitcoin, 18.7 percent by Ethereum, 14.2 percent […]
Shares of Alteryx, Inc. (AYX), that operates in analytic process automation business, are up more than 20% Wednesday morning after reporting better-than-expected second-quarter results. The company’s third-quarter outlook also stands above analysts’ view. Alteryx reported net loss of $106.8 million or $1.56 per share in the second quarter wider than […]
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