BlackRock’s iShares Bitcoin Trust (IBIT) has set a new benchmark by amassing $70 billion in assets under management (AUM) faster than any ETF in history, signaling unprecedented investor appetite for Bitcoin exposure. This rapid growth eclipses traditional ETFs such as the S&P 500 (VOO) and SPDR Gold Trust (GLD), highlighting a significant shift in institutional … Read more
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IBIT smashed past $70B AUM in just 341 days—five times faster than the gold ETF. Pulling $48.7B in net inflows, IBIT leads all spot Bitcoin ETFs launched in January 2024. BlackRock’s spot Bitcoin ETF, IBIT, has now crossed $70 billion in assets under management (AUM), setting a new speed record in the exchange-traded fund sector. … Read more
The US Open 2025 is almost here, and all eyes are on Oakmont for another epic showdown. To make things even more exciting, crypto sportsbook Duelbits is rolling out its Top 12 Insurance promo. Place your bet on who you think will win before the tournament starts—if your pick doesn’t take the crown but still … Read more
SUI broke past a key technical resistance and gained over 6% as of press time. Cumulative delta volumes hinted at a continued bullish run, but spot activity showed signs of cooling. Sui [SUI] broke above a key bullish flag resistance after experiencing a record-long consolidation period that began back on the 10th of May. The … Read more
The Smarter Web Company, a London-listed technology firm, announced the acquisition of an additional 45.32 bitcoin as part of its ongoing treasury policy outlined in “The 10 Year Plan.” The purchase, totaling £3,509,370 ($4,736,000) at an average price of £77,437 ($104,999.50) per bitcoin, brings the company’s total bitcoin holdings to 168.08 bitcoin, with an overall … Read more
Bitcoin (BTC) has surged past the $110,000 mark following a critical breakout above $108,900, positioning itself for a potential new all-time high of $130,000. Analyst Michaël van de Poppe predicted on June 10 that the current phase is likely a short consolidation period, a common pattern before increased upward momentum. The ideal buying range as … Read more
Over a decade ago, Bitcoin made headlines as a revolutionary digital currency. However, for early adopters, it did more than shift the financial system. It created millionaires out of mere hobbyists. With BTC trading at pennies in 2010 and now worth tens of thousands, the wealth generated is undeniable. Fast forward to today, and a … Read more
Brian Quintenz, US President Donald Trump’s nominee to chair the Commodity Futures Trading Commission (CFTC), has said that blockchain is a foundational technology poised to transform much more than just finance. In prepared remarks ahead of his Senate confirmation hearing shared with Cointelegraph, Quintenz pointed out the long-term impact of blockchain and cryptocurrencies. “I view … Read more
As technology evolves, the global mining industry is shifting to a green model powered by renewable energy. Leaders like AIXA Miner have built zero-carbon cloud mining networks using solar and wind energy, cutting unit energy consumption by 70%+ and using smart microgrids to sell surplus power for extra income. This model solves traditional mining’s high-carbon … Read more