FTX Bankruptcy Update: Debtors Successfully Reclaim $15 Million In Political Donations
As the cryptocurrency exchange FTX, once run by convicted founder Sam Bankman-Fried, continues its bankruptcy proceedings, significant developments have emerged regarding the recovery of funds for affected users. A recent court filing reveals that debtors in the case have successfully recovered millions of dollars in political donations made by...
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BlackRock: ‘Reasonable Range’ Of Bitcoin Allocation In Multi-Asset Portfolios Is Between 1-2% (UPDATED)
Editor’s note: the headline has been updated to more accurately reflect BlackRock’s recommended portfolio allocation. The world’s largest asset manager, BlackRock Inc. (NASDAQ; BLK), suggests that Bitcoin (CRYPTO: BTC) could hold a place in multi-asset portfolios, albeit within a narrow range. Quoting a report from the BlackRock Investment Institute,...
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Hyperliquid, The ‘Coolest New Crypto Product,’ Up 500% In 2 Weeks: ‘Imagine Ethereum, Solana, Binance Had A Baby,’ Lauds Trader
Hyperliquid (CRYPTO: HYPE), a rising decentralized exchange and Layer-1 blockchain, continues its strong rally, which has seen the token price increase six-fold from $3 to over $18 since its much-anticipated launch two weeks ago. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Hyperliquid (CRYPTO: HYPE) $18.20 $4.9 billion +16% ...
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How Bitcoin ETFs Are Changing The Way Institutions Manage Risk According To Experts
The Benzinga Future of Digital Assets conference highlighted a critical discussion on digital asset portfolio risk management and return strategies. Industry experts shared insights on how Bitcoin ETFs and the emergence of related financial instruments reshape institutional participation. ETFs as a Gateway for Institutional Access During the panel, speakers...
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Bitcoin Hashrate Inches Back To All-Time High As BTC Reclaims $100,000
On-chain data shows the Bitcoin Hashrate has been on the rise recently, an indication that the miners are expanding their mining farms. Bitcoin Mining Hashrate Has Returned Close To Its All-Time High The “Hashrate” refers to an indicator that keeps track of the total amount of computing power that...
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Avalanche raises $250M ahead of Avalanche9000 launch
The locked-token sale saw participation from more than 40 companies....
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Shiba Inu Whale Shibtoshi Turned 37 ETH Into $5 Billion With SHIB: Here’s What Happened Next
Shiba Inu (CRYPTO: SHIB) whale Shibtoshi, known for his mysterious persona and gold-themed public mask, has risen to prominence in the crypto world. Operating mostly under a veil of anonymity, he shared his story of turning 37 ETH into a multi-billion-dollar Shiba Inu fortune while navigating the volatile world...
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Bitcoin Miners Embrace MicroStrategy Playbook: The Rise Of BTC Yield Strategies
It seems Bitcoin (CRYPTO: BTC) miners have found their muse—and it’s none other than MicroStrategy Inc (NASDAQ:MSTR). JPMorgan’s Nikolaos Panigirtzoglou reveals that miners are mimicking the tech company’s aggressive bitcoin accumulation strategy as they navigate a landscape of dwindling mining rewards and rising competition. The result? A shift in...
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Clear Digital Asset Rules Key To Unlocking Institutional Growth, Experts Say
At the Benzinga Future of Digital Assets conference, experts emphasized the critical role of regulatory clarity in shaping the digital asset market. The discussion shed light on existing barriers, such as SAB 121, and the broader implications of a shifting regulatory landscape for institutions and investors. The Weight of...
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Grayscale launches Lido, Optimism investment funds
The new funds add to Grayscale’s expanding suite of single-asset crypto products....
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