BlackRock’s Bitcoin (BTC) exchange-traded fund (ETF) now holds more assets than the asset manager’s gold ETF despite only launching in January, data from BlackRock shows. iShares Bitcoin Trust (IBIT) exceeds $33 billion in net assets as of Nov. 8, surpassing iShares Gold Trust (IAU), which holds just shy of that amount, according to iShares. It’s…
Blockchain For Impact (BFI), a charity established by Polygon co-founder Sandeep Nailwal, has committed $90 million to advance biomedical research, driving healthcare innovation, and enhancing climate resilience — a development that could spur blockchain’s adoption for charity initiatives. The Polygon co-founder’s BFI plans to allocate an additional $200 million to support the growth of healthcare…
Australian federal police have alerted over 130 people of a new text message scam aimed at crypto users that copies the same “sender ID” as legitimate crypto exchanges such as Binance. The impersonation scam involves the fraudsters sending out messages through text and encrypted messaging platforms by impersonating a Binance representative, telling users of a…
The cryptocurrency market is down on March 21, with the total market capitalization dropping by 2.5% to about $2.75 trillion. 24-hour performance of large-cap cryptocurrencies. Source: Coin360 Several factors have contributed to the latest drop in crypto prices, including: Over $230 million was wiped off the crypto market in 24 hours after Bitcoin failed to…
Bitcoin has hit new all-time highs as President-elect Donald Trump secured victory in the 2024 United States presidential election. Set to return to the White House after departing in January 2021, Trump now appears to be bringing a pro-crypto stance with him. His campaign made several pledges in support of the cryptocurrency sector, marking a…
Bitcoin (BTC) has been clinging to the 200-day simple moving average ($84,359), which suggests that the bulls have kept up the pressure. That improves the prospects of an upside breakout, signaling the corrective phase may be ending. Derive founder Nick Forster told Cointelegraph that the current pullback is a normal correction that Bitcoin experiences during…
Nearly half of crypto pundits in a recent survey are bullish over crypto AI tokens prices — which could bode well for the $23.6 billion crypto market sector. Of the 2,632 respondents surveyed by CoinGecko between February and March, 25% were “fully bullish,” and 19.3% indicated they were “somewhat bullish” for crypto AI tokens in…
Global trade war concerns will pressure both cryptocurrency and traditional markets until at least the beginning of April, but the potential resolution may bring the next big market catalyst. Bitcoin’s (BTC) price fell over 17% since US President Donald Trump first announced import tariffs on Chinese goods on Jan. 20, the first day after his…
Crypto mining company BIT Mining said its move to mine proof-of-work coins Dogecoin and Litecoin has been more profitable than mining only Bitcoin. BIT Mining, which previously only mined Bitcoin (BTC), said on Dec. 4 that its expansion into Dogecoin (DOGE) and Litecoin (LTC) “has proved to be nearly three times more profitable than mining…
Ether (ETH) price rallied nearly 8% over the past 24 hours, reaching a high of $2,064 on March 19. The altcoin’s daily trading volume increased to $17.4 billion as ETH regained a position above the $2,000 level. Ethereum 1-hour chart. Source: Cointelegraph/TradingView ETH exhibits an ascending triangle breakout Ether price is up today after the…