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BlackRock and ARK Invest Conform to SEC's Cash Redemption Model for Bitcoin ETF

BlackRock and ARK Invest Conform to SEC's Cash Redemption Model for Bitcoin ETF

Major ETF issuers BlackRock and ARK Invest comply with SEC's cash redemption model for their spot Bitcoin ETFs, potentially paving the way for regulatory approval.

Bitcoin's Dawn of the ETF Era: ARK Investment

Bitcoin's Dawn of the ETF Era: ARK Investment

According to a report ARK Investment, in June 2023, Bitcoin experienced a resurgence in institutional sentiment, with the supply of Bitcoin that had remained unmoved for at least a year reaching an all-time high of approximately 70% of the circulating supply.

1Bn Crypto Users Forecasted in the Next Decade, Says Coinbase CEO

1Bn Crypto Users Forecasted in the Next Decade, Says Coinbase CEO

Brian Armstrong, CEO of Coinbase Global Inc, predicted there would be up to 1 billion users of cryptocurrencies within the next decade.

Cathie Wood's Ark Invest Offloads Coinbase & Robinhood Shares

Cathie Wood's Ark Invest Offloads Coinbase & Robinhood Shares

A trading filing showed Wall Street veteran Cathie Wood's Ark Invest has sold more than 1.4 million shares of Coinbase and $500,000 worth of Robinhood shares recently amid the crypto market downturn.

ARK Investment Launches Its First Crypto Managed Account for RIAs

ARK Investment Launches Its First Crypto Managed Account for RIAs

Independent managed account provider Eaglebrook Advisors has announced a partnership with Ark Invest to develop the ARK Cryptocurrency Strategy and ARK Crypto Asset Strategy.

Winklevoss Sees US Stimulus Negotiation Fail as a “Wakeup Call And an Endorsement of Bitcoin”

Winklevoss Sees US Stimulus Negotiation Fail as a “Wakeup Call And an Endorsement of Bitcoin”

Bitcoin billionaire Cameron Winklevoss thinks that this is the perfect opportunity to invest in Bitcoin, as the dollar keep depreciating and US politicians are unable to reach a consensus on a stimulus package budget.

Venture Capital Company Benchmark to Pump $50 Million into Ethereum-Based Fantasy Football Platform Sorare

Venture Capital Company Benchmark to Pump $50 Million into Ethereum-Based Fantasy Football Platform Sorare

Benchmark, a venture capital company that earlier backed Ebay Inc., Twitter Inc., and Uber Technologies, plans to invest a whopping $50 million into Ethereum-powered fantasy football platform Sorare.

Bitcoin Price Could Reach $350,000 by 2044 Depending on Millennials’ Investment Game Plan

Bitcoin Price Could Reach $350,000 by 2044 Depending on Millennials’ Investment Game Plan

According to Kraken Exchange, a leading US-based crypto exchange, Bitcoin price could shoot through the roof to $350,000 USD by 2044 if millennials were to invest more than 5% of their inherited wealth into this digital asset.

Wyoming State Says Cryptocurrency Represents Property, Allows Insurers to Include Digital Assets in Investment Portfolios

Wyoming State Says Cryptocurrency Represents Property, Allows Insurers to Include Digital Assets in Investment Portfolios

The US. state of Wyoming has enacted new legislation to allow insurance firms to invest in digital assets like cryptocurrencies. The new law intends to come into effect on 1st July.

Exclusive: Access, Connectivity and Inclusion—How UNICEF Leverages Blockchain to Close the Digital Divide

Exclusive: Access, Connectivity and Inclusion—How UNICEF Leverages Blockchain to Close the Digital Divide

Christina Lomazzo is the Blockchain Lead for UNICEF’s Office of Innovation; whose work mainly involves leading the blockchain efforts at UNICEF Ventures where she heads up a diverse team of six. Together they invest in early technology prototypes that they assess and determine could have an exponential impact on UNICEF’s operations and ability to fulfill its mission across the developing world.

Billionaire Investor Tim Draper: Why Millennials Should Consider Investing in Bitcoin

Billionaire Investor Tim Draper: Why Millennials Should Consider Investing in Bitcoin

The future of Bitcoin remains a hot topic. Billionaire venture capitalist, Tim Draper, calls Bitcoin as the way of the future. Draper had a recent interview with Foxbusiness, a session whereby he advised millennials that if they really want to retire rich, then they need to invest in Bitcoin.

PwC: Crypto M&A and Fundraising in Asia Reports Major Growth

PwC: Crypto M&A and Fundraising in Asia Reports Major Growth

PwC previewed its latest white paper—PwC Global Crypto M&A and Fundraising Report—last Thursday at CoinDesk’s Invest: Asia event. This is the first report by PwC on the broader crypto ecosystem, but the firm will continue to publish updates twice a year moving forward.

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