‘Rich Dad Poor Dad’ Author Wants You To Buy Bitcoin Now
🚀 GM, Grab your favorite beverage (even if it’s a little early, we won’t tell), and get ready for the juiciest headlines that have been lighting up the Internet this week! 📰 XRP’s Wild Ride on a BlackRock Rollercoaster: Here’s the 411! Robert Kiyosaki Serves Up a Financial Wake-Up Call: BTC and Gold Are Your […]
Blackrock settles SEC charges for $2.5M amid anticipation for Bitcoin ETF review
Global fund manager BlackRock has agreed to settle charges by the U.S. Securities and Exchange Commission (SEC) by paying a fine of $2.5 million. The SEC alleged that BlackRock failed to accurately describe its investments in the entertainment industry, specifically in film company Aviron Group, LLC. The settlement comes as BlackRock awaits the SEC’s review […]
Matrixport predicts Bitcoin to surge to $42K if Blackrock’s Bitcoin ETF gets green light
Crypto financial services provider, Matrixport, anticipates a significant Bitcoin (BTC) rally, potentially reaching $42K, driven by favorable macroeconomic factors and the possible approval of BlackRock’s Bitcoin ETF. Matrixport’s recent report highlighted the stellar performance of Grayscale Investments’ Bitcoin Trust (GBTC) shares, which have surged by 167% year-to-date, outperforming Bitcoin’s own 71% growth. The turning point, […]
Bitcoin trades above $28K following false ETF approval reports
Bitcoin is currently trading below $28,500, registering a 5% increase, following inaccurate reports about the US Securities and Exchange Commission (SEC) approving the first Bitcoin spot Exchange-Traded Fund (ETF). The false news about the Bitcoin spot ETF approval broke on Monday, U.S. time, tricking the markets into a bullish phase. The price of Bitcoin temporarily […]
Bitcoin skyrockets on false ETF news, Blackrock CEO sees ‘pent up interest’
A fake report claiming BlackRock’s application for a Bitcoin ETF was approved triggered a 10% surge in Bitcoin’s price. The unfounded assertion was made by crypto news outlet Cointelegraph, sparking a wave of excitement across social media. However, both BlackRock and the Securities and Exchange Commission (SEC) debunked the rumor, and Cointelegraph subsequently retracted the […]
Cointelegraph apologizes for spreading false news about Bitcoin ETF
Cryptocurrency news outlet Cointelegraph has publicly apologized for sharing unverified information concerning a spot Bitcoin ETF by BlackRock. As reported by Cointelegraph, during routine coverage, its social media team posted a message without prior editorial approval. The message falsely claimed that the United States Securities and Exchange Commission had approved BlackRock’s iShares spot Bitcoin exchange-traded […]
JPMorgan rolls out blockchain settlement system for Blackrock and Barclays
In a significant development, JPMorgan Chase & Co. (NYSE: JPM) has launched its inaugural blockchain collateral settlement system. The new system was unveiled via the Tokenized Collateral Network (TCN), which was employed by BlackRock to tokenize shares in one of its money market funds. Subsequently, these tokens were transferred to Barclays Plc for use as […]
Spot Bitcoin ETF proposals delayed by SEC in anticipation of government shutdown
In the face of a potential government shutdown, the U.S. Securities and Exchange Commission (SEC) has decided to defer its ruling on spot Bitcoin exchange-traded funds (ETFs) proposals from leading firms. The SEC has pushed back its decision on spot Bitcoin ETF applications from BlackRock, Invesco, and Bitwise, on Wednesday. Intriguingly, this announcement came two […]
SEC extends Bitcoin ETF deadlines for BlackRock, Fidelity
The U.S. Securities and Exchange Commission (SEC) has announced a delay in its decision-making process for seven Bitcoin exchange-traded fund (ETF) proposals, which include applications from prominent firms like BlackRock, Fidelity, VanEck, and WisdomTree. The SEC extended the deadlines for these proposals to October 17, with some exceptions. The regulatory body cited the need for […]