What would Satoshi make of it all? Bitcoin, the currency created to subvert the financial establishment, has shaken off weeks of sickness with the support of Wall Street's finest. The original crypto coin has leapt 20 per cent to two-month highs at US$30,182 over the past 11 days after BlackRock,
Bitcoin's market value has grown to comprise nearly half of the US$1.1 trillion overall crypto market, its highest share in over two years, according to data tracker CoinMarketCap.com. Its share was around 40 per cent at the start of the year, up from a low of 34 per cent in 2018.
Since the BlackRock filing, Invesco and WisdomTree have also reapplied for spot bitcoin ETFs after they had previous applications rejected by the regulator. For example, ProShares' Bitcoin Strategy ETF has risen 62 per cent this year, lagging bitcoin's 82 per cent jump. Crypto investment products are still a tiny part of the overall market. Excluding grantor trusts - limited to accredited investors - such as the Grayscale Bitcoin Trust, the current crypto ETF market totals about US$2 billion, according to MorningStar Direct, less than 2 per cent of overall crypto market.
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Cryptoverse: Bitcoin bounces on BlackRock buzzWhat would Satoshi make of it all? Bitcoin, the currency created to subvert the financial establishment, has shaken off weeks of sickness with the support of Wall Street's finest.The original crypto coin has leapt 20 per cent to two-month highs at $30,182 over the past 11 days after BlackRock, the
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US retailers targeted with bomb threats in recent months, seeking bitcoin and gift cards: ReportSome callers demanded gift cards, bitcoin or money and threatened to detonate bombs if payments were not made. Read more at straitstimes.com.
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Cryptoverse: Bitcoin bounces on BlackRock buzzWhat would Satoshi make of it all? Bitcoin, the currency created to subvert the financial establishment, has shaken off weeks of sickness with the support of Wall Street's finest.The original crypto coin has leapt 20 per cent to two-month highs at $30,182 over the past 11 days after BlackRock, the
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Analysis:After the buzz, investors are doing their own homework on AIMILAN : The rapid adoption of generative artificial intelligence has boosted markets this year, but after the initial euphoria, investors are waking up to the possible risks, including the need to be highly selective in stock-picking.Businesses ranging from IT services and consulting to media, information
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Insta-buzz: What the stars were up to this weekClan excursion for 24, anyone?
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US retailers targeted with bomb threats in recent months, seeking bitcoin and gift cards: ReportSome callers demanded gift cards, bitcoin or money and threatened to detonate bombs if payments were not made. Read more at straitstimes.com.
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