Category: News

BlackRock Spot Bitcoin ETF Options On Nasdaq Rack Up 9-Figure Trading Volume In First Few Hours: ‘Seems Very Bullish,’ Says Analyst

NASDAQ began listing options on BlackRock’s iShares Bitcoin Trust (NASDAQ:IBIT) today, a move that is expected to revolutionize how institutional investors engage with Bitcoin (CRYPTO: BTC), providing them with a regulated and accessible avenue to hedge positions and generate yield. What Happened: According to Eric Balchunas, Senior ETF Analyst...
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BlackRock Backs ‘Strategic Bitcoin Reserve’ Satoshi Act, CEO Confirms

With President-elect Donald Trump’s recent commitment to using Bitcoin as a strategic reserve asset for the United States, speculation regarding the timing and feasibility of this initiative has intensified within the crypto industry.  This proposal, first articulated during the 2024 National Bitcoin Conference in Nashville earlier this year by...
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Shiba Inu Burn Rate Surges To 938%: What Is Going On?

Shiba Inu’s (CRYPTO: SHIB) second consecutive day of rising burn rates alongside significant whale transactions spells bullish momentum, according to traders. What Happened: Shiba Inu’s burn rate increased 938.7% in the past 24 hours after burning 3.7 million tokens, according to Shibburn. Around 20 hours ago, two transactions of...
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How Trump’s Election Could Revolutionize Cannabis And Cryptocurrency, CEO Says

President-elect Donald Trump‘s White House win has sparked wildly divergent reactions. While many have expressed despair or even fear, there are those who see opportunities, particularly within the cannabis and cryptocurrency industries. Among those who see dollar signs ahead is Ronald Strauss, CEO of GetTangi Corporation — a company...
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‘Trump Trade Still Intact,’ Says Tom Lee, Expects Market Uncertainty To Subside After Nvidia Earnings, Treasury Sec Announcement

Tom Lee, head of research at Fundstrat Global Advisors on Tuesday optimism about the markets despite recent uncertainties, emphasizing that “the Trump trade is still intact.” What Happened: Speaking on CNBC, Lee highlighted several factors that could drive a more bullish outlook in the coming weeks, including upcoming “clearing...
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