BlackRock’s Global Allocation Fund has significantly increased its stake in the iShares Bitcoin Trust (IBIT), raising its holdings by 91% to a total of 821,664 shares. This investment, valued at approximately $47
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GameStop (GME) saw a 15% surge in pre-market trading following the announcement that the company will hold Bitcoin as part of its treasury reserves. The stock climbed to $29.60 from its previous
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The Trump administration has unveiled plans to acquire significant amounts of Bitcoin, focusing on methods that will not impact taxpayers. Bo Hines, Executive Director of the Presidential Council of Advisers for Digital
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Tether, the company behind the world’s largest stablecoin, is moving closer to conducting a long-promised audit of its reserves. CEO Paolo Ardoino revealed that the firm is now “engaging with a Big
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This week, new economic projections from Federal Reserve officials will provide the clearest indication yet of how U.S. central bankers assess the economic implications of the Trump administration’s policies. These policies have
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Bitcoin could reach new all-time highs by June 2024 if historical price patterns hold true, according to network economist Timothy Peterson. Based on data shared on March 15, BTC/USD has about two-and-a-half
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Abu Dhabi-backed investment group MGX has made a significant move in the cryptocurrency sector, injecting $2 billion into Binance. The deal, announced on Wednesday, represents one of the largest institutional investments in
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Ether (ETH) has been facing a prolonged downtrend, with its price dropping over 53% since mid-December 2024. After reaching a peak above $4,100, ETH has struggled to maintain upward momentum, with continued
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Morgan Stanley has revised its economic growth outlook for the United States, citing the impact of tariffs and labor market constraints as key factors driving inflation. The investment bank now projects that
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Amid escalating global trade tensions, investors have turned to money market funds as a safe haven, leading to a significant surge in inflows. The United States’ recent decision to impose steep tariffs
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