BlackRock’s iShares Bitcoin Trust (IBIT) has officially made history. The Bitcoin ETF surged past $70 billion in assets under management (AUM), reaching the milestone in just 341 trading days. This achievement makes IBIT the fastest ETF to ever hit that threshold. To put that into perspective, the previous record-holder—SPDR Gold Shares (GLD)—took 1,691 days to … Read more
Robinhood shares tumbled on Monday after the online broker was passed over in the latest S&P 500 rebalance, ending weeks of hope that it would earn a spot in the benchmark index. In premarket trading, Robinhood’s stock slid by almost 5%, as reported by CNBC. It had jumped 3.3% on Friday, pushing last week’s gain … Read more
Bitcoin’s sudden surge past $107,000 is not just a bullish chart moment; it is a liquidation event of epic proportions that has turned the tables on short-sellers in a big way. In the last few hours, BTC’s rapid ascent triggered a wipeout of over $39 million in liquidations, with an impressive $38.95 million from shorts … Read more
Since 2021, Mayor Eric Adams has been talking about how he’s going to make New York City the center of the crypto industry, though this hasn’t materialized. (Some Bitcoin and crypto companies are based here, but this has little to do with Adams’ efforts — or lack thereof.) So, when I heard the mayor propose … Read more
Netcapital, a financial technology company listed on the Nasdaq stock exchange, has acquired crypto-native protocol Mixie in a deal that has been described as a bridge between traditional and decentralized finance. Mixie, a no-code Web3 gaming platform, was acquired by Netcapital’s portfolio company, Zelgor, for an undisclosed amount, the company told Cointelegraph on Monday. A … Read more
ANAP Holdings, Inc. (3189: Tokyo Standard Market) has officially announced the launch of its “Bitcoin Business” in a formal corporate filing, detailing an entry into Bitcoin focused operations across treasury, finance, fashion, and mining. 🚨JUST IN: fashion brand 🇯🇵 ANAP, previously purchased 102.9 BTC, goes into FULL #bitcoin Treasury Strategy mode and aims for 1,000+ … Read more
Hot on the heels of its limited-run, Bitcoin-themed Kentucky straight bourbon, Heritage Distilling Holding Company is back with a new pour—this time teaming up with the House of Doge to debut a dogecoin-infused bourbon experience. Heritage Blends Dogecoin and Bourbon in Wild New Release Heritage Distilling (Nasdaq: CASK) has uncorked its latest release following the … Read more
When price charts tighten and headlines begin to fade, real momentum often starts to build quietly. Ethereum Classic (ETC) continues to trade within a narrow band between $16 and $18. It is signaling a potential breakout as pressure mounts. Meanwhile, Ethereum (ETH) is testing a key resistance zone near $2,700. Its next move is likely … Read more
Alexander Spatari | Moment | Getty Images Business leaders are walking back recessionary expectations for the U.S. that initially spiked in the aftermath of President Donald Trump’s tariff announcement, according to data released Monday. Less than 30% of CEOs forecast either a mild or severe recession over the next six months, per Chief Executive Group’s … Read more
XRP has been on a steady climb over the past few days, fueled by a reduction in liquidation activity among its long-term holders (LTHs). On-chain data reveals a marked slowdown in token movements among these investors, indicating that LTHs are holding firm rather than selling off their positions. This hints at a sustained price rally … Read more