BlackRock’s spot Bitcoin exchange-traded fund has become the fastest ETF in history to surpass $70 billion in assets under management. “IBIT just blew through $70b and is now the fastest ETF to ever hit that mark in only 341 days,” ETF analyst Eric Balchunas said in a June 9 X post. IBIT could surpass Satoshi … Read more
Bernstein reaffirmed its $200,000 Bitcoin price forecast, labeling it “high-conviction but conservative,” based on accelerating institutional investment and structural market evolution. The firm cites the success of spot bitcoin ETFs, which now manage approximately $120 billion in assets, as validation of BTC’s role as a mainstream macro asset. This institutionalization is viewed as a foundational … Read more
Staked Ethereum has clocked a new record as the asset’s price reclaimed a 12-day high amid major institutional accumulation. The amount of Ether (ETH) staked on the Beacon Chain reached a record high of 34.65 million ETH on Sunday, eclipsing the previous high on Nov. 10, 2024. The amount of Ether staked has been relatively … Read more
The Japanese Yen resumes its short-term downtrend amid receding safe-haven demand. The emergence of some USD buying provides an additional boost to the USD/JPY pair. The divergent BoJ-Fed policy expectations should limit JPY losses and cap spot prices. The Japanese Yen (JPY) attracts fresh sellers during the Asian session on Tuesday as the optimism over … Read more
Looking for help with today’s NYT Mini Crossword puzzle? Here are some hints and answers for the … More puzzle. Credit: NYT In case you missed Monday’s NYT Mini Crossword puzzle, you can find the answers here: ForbesToday’s NYT Mini Crossword Clues And Answers For Monday, June 9thBy Erik Kain Welcome back, Crosswordlers, to yet … Read more
COINOTAG News reports that the Bitcoin Core development team has revealed plans to enhance the upcoming Core 30 release scheduled for October. The update will significantly increase the OP_RETURN data carrier limit from the current 80 bytes to nearly 4MB, representing a substantial technical upgrade. This adjustment is expected to expand Bitcoin’s data handling capabilities, … Read more
Solana (SOL), known for its lightning-fast blockchain and thriving ecosystem, continues to attract investors with an ambitious $230 price target. However, achieving such growth requires considerable patience, and many investors are beginning to compare Solana’s potential with Ruvi AI’s fast-paced trajectory. Ruvi AI, an AI-driven blockchain project, has already delivered impressive 50% returns during its … Read more
SEC Chair Paul Atkins’ push for greater self-custody rights and regulatory clarity could unleash massive growth in crypto and DeFi, empowering users and fueling innovation across the sector. Bullish Signals: SEC’s Self-Custody and Exemption Proposal Could Spark DeFi Frenzy U.S. Securities and Exchange Commission (SEC) Chair Paul Atkins addressed the Crypto Task Force Roundtable on … Read more
The post Why is The Crypto Market Going Up Today? appeared first on Coinpedia Fintech News The cryptocurrency market is back in action today, with a sharp rally across major coins like Bitcoin, Ethereum, and Solana. At the time of writing, the total crypto market capitalization has jumped to $3.43 trillion, showing a healthy 4.22% … Read more
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits … Read more