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1 yr. ago

Dear Cryptonists... what's happens in this easter days?

Few things...
From coinmarketcap....

Institutional outflows from spot Bitcoin ETFs continue after the long Easter weekend, likely inducing further downside to the price of Bitcoin.

On April 1, outflows from the Grayscale Bitcoin Trust (GBTC) reached $302.6 million, while inflows from BlackRock’s IBIT and Fidelity’s FBTC were $165.9 million and $44 million respectively. This resulted in a net outflow of $85.7 million.

QCP Capital, a Singapore-based trading firm and market maker, warned of increased downward pressure across

shailendra

1 yr. ago

What a twist of fate! Jamie Dimon, who once declared his disdain for Bitcoin, finds himself at the forefront of the crypto scene, courtesy of BlackRock. No longer shutting the door on Bitcoin, but rather jumping aboard the bandwagon with gusto! 🚂💰 #Bitcoin

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shailendra

1 yr. ago

Bitwise revealed it's already lined up $200 million in seed capital for its ETF, edging out BlackRock, which has $10 million at the ready.

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shailendra

1 yr. ago

MASSIVE BREAKTHROUGH: A paradigm shift in US Bitcoin adoption! Previously hindered by accounting hurdles, companies can now reflect Bitcoin at its present fair market value. Consider a purchase of $50,000, a dip to $30,000, and a rebound to $60,000. Earlier, books recorded the dip, impacting perceived profits. From January 1, 2025, companies can display the current $60,000 value. Unlike the BlackRock Spot Bitcoin ETF approval, this alteration empowers companies to confidently integrate Bitcoin into their balance sheets, boosting mass adoption in financial and corporate spheres. If you think th

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shailendra

1 yr. ago

Bitcoin's meteoric rise,
BlackRock's endorsement.
#blackrock #Bitcoin #BitcoinETF

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shailendra

1 yr. ago

Oh, how surprising! BlackRock, the epitome of altruism, graciously rescuing Bitcoin from those poor, feeble hands. What a heroic deed! #blackrock

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CryptoGatez

1 yr. ago

BlackRock, Nasdaq, SEC Met Regarding Bitcoin ETF

Representatives from BlackRock (BLK), Nasdaq, and the Securities and Exchange Commission (SEC) met for the second time in a month to discuss rule changes that are necessary to list the bitcoin (BTC) exchange-traded fund (ETF), according to a published memo.

“The discussion concerned The NASDAQ Stock Market LLC’s proposed rule change to list and trade shares of the iShares Bitcoin Trust under Nasdaq Rule 5711(d),” the memo reads.

Read more: https://cryptogatez.io/new...