Shares of the iShares Bitcoin Trust ETF (IBIT -2.39%) fell 17% in February, according to data from S&P Global Market Intelligence. The BlackRock exchange-traded fund essentially tracks the price of Bitcoin. Like most assets considered risky, the Bitcoin ETF plunged in February, as investors grew skittish over the economy. Those fears were prompted by plunging…
Michael Saylor Hints US Will Buy 1 Million Bitcoin For Strategic Reserve Michael Saylor, executive chairman of Strategy (NASDAQ:MSTR), suggested on Thursday that the United States plans to purchase 1 million Bitcoin (CRYPTO: BTC) to establish a strategic reserve, aligning with a framework outlined in the bill proposed by senator Cynthia Lummis (R-Wyo.) He was…
Bitcoin via a Spot ETF is an exciting asset to add to one’s portfolio. getty Bitcoin Spot ETFs have emerged as a leading way for investors to gain exposure to bitcoin, the world’s leading cryptocurrency, which has delivered tremendous returns since its launch in 2009. In 2024, the SEC approved bitcoin ETFs like IBIT and…
Cryptocurrency industry elite met with Donald Trump at the White House on Friday to discuss how the government will enact Trump’s vision of making the country the “crypto capital of the world”. During the round-table summit, which had more than a dozen attendees, the president thanked each of his guests. “High-IQ individuals around this table,…
Donald Trump told some of the leading cryptocurrency players on Friday that he is making good on his pledges to them and would continue giving the industry what it wants. “I promised to make America the bitcoin superpower of the world and the crypto capital of the planet and we’re taking historic action to deliver…
The White House hosted its first-ever “crypto summit” Friday, convening top executives from various digital asset firms to discuss the Trump administration’s commitment to rolling back the aggressive regulatory posture the Biden administration took toward the industry. However, some in the crypto world were left disappointed that the Trump administration did not signal more active…
The Liberal Party of Canada has announced Canada’s new prime minister is Mark Carney, a former central banker and Bitcoin critic with plans to fight back against the US’ recently introduced tariffs. Carney won on March 9 in a landslide vote to choose the replacement for Justin Trudeau, who held the position for over seven…
Photo: Michael M. Santiago (Getty Images), Anna Rose Layden (Getty Images), Jon Cherry (Getty Images), Scott Olson (Getty Images), Justin Sullivan (Getty Images), Chris McGrath (Getty Images), Brandon Bell (Getty Images), Illustration: Jack Taylor (Getty Images) kinjavideo-197491 Nvidia (NVDA), Super Micro Computer (SMCI), and Dell (DELL) shares plunged Monday after Singapore said it’s investigating whether…
The famous investment bank Goldman Sachs (NYSE: GS) just did something that crypto investors need to know about. The bank’s action has significant implications for the future prices of Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and perhaps also XRP (CRYPTO: XRP) in the future, assuming they repeat the move with another digital asset. Here’s what…
The famous investment bank Goldman Sachs (GS -1.41%) just did something that crypto investors need to know about. The bank’s action has significant implications for the future prices of Bitcoin (BTC -4.17%), Ethereum (ETH -5.66%), and perhaps also XRP (XRP -5.73%) in the future, assuming they repeat the move with another digital asset. Here’s what…