Texas has made a bold move into the world of cryptocurrency. The state has invested $5 million in a bitcoin exchange-traded fund (ETF). This is a big deal because it could be the start of something new: a state-run crypto reserve. But it's not just about the money. It's about what this could mean fo
Bitcoin ETFs are making headlines, but not everyone agrees on what the numbers mean. BlackRock's iShares Bitcoin Trust (IBIT) has been sliding, and people are talking about it. Some say the charts showing money leaving the ETF are wrong. Others say it's just a normal market move. Eric Balchunas, a
The crypto world is feeling a bit shaky. Bitcoin ETFs, which used to be super popular, are now seeing money leave faster than a kid running from homework. This isn't just a small dip; it's a big deal. In the latest trading session, nearly $1 billion was pulled out of Bitcoin ETFs. That's the second
The crypto world is going through a tough time right now. Prices are down, and people are feeling pretty scared. But some experts think this might actually be a good thing in the long run. Hunter Horsley, the boss of Bitwise, believes the market is changing. He says the old four-year cycle is over.
BlackRock is diving headfirst into the world of digital investments. They're cooking up new tech to turn all sorts of assets—like houses, stocks, and bonds—into digital tokens. This isn't just a small project; it's a big deal. Larry Fink, the big boss at BlackRock, spilled the beans on CNBC. He sai
Marjorie Taylor Greene, a representative from Georgia, has been quite active in the stock market lately. She recently bought shares in several well-known companies and a Bitcoin ETF. This news has caught the attention of many, especially those who follow the stock market closely. Greene's recent pu
Bitcoin ETFs saw a big turnaround on October 21, ending a four-day streak of losing over $1. 2 billion. They brought in $477. 2 million in new money, the biggest one-day gain in two weeks. BlackRock’s IBIT led the way with $210. 9 million, followed by ARK Invest’s ARKB with $162. 9 million and Fidel
Bitcoin's price is hanging by a thread, and the recent drop in demand for Bitcoin ETFs is making things even shakier. Analysts are keeping a close eye on the $107, 000 to $108, 000 range, which is now under threat. Things took a turn after a big announcement from the US President about tariffs. Bet
Crypto investors have been on a rollercoaster ride lately. After pulling out cash from Bitcoin and Ethereum ETFs for days, they suddenly poured in $618. 9 million on Tuesday. But don't get too excited. This cash influx didn't give the prices of these cryptocurrencies a lasting boost. Last week, inv
Last week, Bitcoin and Ethereum ETFs saw a massive surge in investments, pulling in over $3. 17 billion. This brought the total for the year to a staggering $48. 7 billion, already surpassing last year's record. Bitcoin funds alone accounted for $2. 6 billion, while Ethereum funds brought in $338 mi
