Auto Added by WPeMatico

Trump’s Tariffs Reshaped Bitcoin’s Backbone, Institutional Bitcoin Takeover, and More — Week in Review

Trump’s tariffs just reshaped bitcoin’s backbone, Blackrock could orchestrate institutional bitcoin takeover, Trump praises Senate-backed stablecoin bill, and more in this Week in Review. Week in Review Chinese mining giants…

Continue ReadingTrump’s Tariffs Reshaped Bitcoin’s Backbone, Institutional Bitcoin Takeover, and More — Week in Review

Blackrock’s Bitcoin Stash Now Worth $72B—ETF Swallows 3.44% of BTC in Circulation

Although inflows into spot bitcoin exchange-traded funds (ETFs) have tapered off, Blackrock’s Ishares Bitcoin Trust ETF has nonetheless drawn more than 20,000 BTC—valued north of $2 billion at current exchange…

Continue ReadingBlackrock’s Bitcoin Stash Now Worth $72B—ETF Swallows 3.44% of BTC in Circulation

Major Crypto Exchanges to Accept BlackRock’s BUIDL Fund as Collateral

BlackRock’s industry-leading USD Institutional Digital Fund (BUIDL) will become accepted as collateral on Crypto.com and Deribit, two of the industry’s largest exchanges. The move marks a “major turning point,” said…

Continue ReadingMajor Crypto Exchanges to Accept BlackRock’s BUIDL Fund as Collateral

Ethena, Securitize Enable Round-the-Clock Atomic Swaps for Blackrock’s BUIDL via USDtb 

Securitize and Ethena Labs have partnered to enable nonstop atomic swaps between Blackrock’s tokenized treasury fund, BUIDL, and the stablecoin USDtb, enhancing onchain liquidity and flexibility. Institutional Crypto Liquidity Enhanced:…

Continue ReadingEthena, Securitize Enable Round-the-Clock Atomic Swaps for Blackrock’s BUIDL via USDtb 

BlackRock’s IBIT Becomes Fastest ETF to Hit $70B AUM as Flows Turn Positive

BlackRock’s iShares Bitcoin Trust (IBIT) “just blew through $70 billion” in assets under management, observed Bloomberg ETF analyst Eric Balchunas on June 9. It is now the fastest ETF ever…

Continue ReadingBlackRock’s IBIT Becomes Fastest ETF to Hit $70B AUM as Flows Turn Positive

Vance Champions Bitcoin in Vegas, Trump Media Secures $2.5B to Buy Bitcoin, and More — Week in Review

Vance champions Bitcoin at Las Vegas Conference, Trump Media secures $2.5B to buy bitcoin, Blackrock warns of quantum hack risk, and more in this Week in Review. Week in Review…

Continue ReadingVance Champions Bitcoin in Vegas, Trump Media Secures $2.5B to Buy Bitcoin, and More — Week in Review