Author name: Peter

Blackrock's Ethereum ETF Plan Blackrock Inc., the world's largest asset manager, is making significant strides in the cryptocurrency investment space. The company, through its subsidiary Ishares Delaware Trust Sponsor LLC, has filed a 19b-4 form with the U.S. Securities and Exchange Commission (SEC) to list shares of the Ishares Ethereum Trust on the Nasdaq. This […]

Bitcoin's Scarcity Defies Price Rally, as per Glassnode Study A recent study conducted by Glassnode on onchain activities shows that the scarcity of the bitcoin supply has tightened, despite the significant increase in bitcoin's value this year. The study highlights that the inactivity of coins has reached both multi-year and unprecedented peaks. Reflecting on the

Microstrategy Chairman's Positive Outlook on Bitcoin Microstrategy Chairman Michael Saylor is optimistic about the future of bitcoin, expecting its demand to double after the halving event and the approvals of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). In an interview with Fox Business, Saylor highlighted three key factors that

The director of global macro at financial services giant Fidelity, Jurrien Timmer, believes that bitcoin can be considered as 'exponential gold'. He argues that while gold is often seen as a store of value, it is too deflationary and cumbersome to be used as a medium of exchange. This is one of the reasons why