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BlackRock’s Strategic Shift: 11,500 BTC Withdrawal Reflects Confidence in Bitcoin’s Value

The first batch of ETF approvals came in last week. In the aftermath, Synapse Network co-founder Paweł Łaskarzewski has shed light on BlackRock’s moves that have captured the crypto community. Within…

Continue ReadingBlackRock’s Strategic Shift: 11,500 BTC Withdrawal Reflects Confidence in Bitcoin’s Value

BlackRock Plans Global Layoffs Amid ESG Controversy and Spot Bitcoin ETF Approval: Report

BlackRock is reportedly expected to make a significant announcement regarding a substantial downsizing of its workforce. The impending layoffs, which account for about 3% of its global workforce, will result…

Continue ReadingBlackRock Plans Global Layoffs Amid ESG Controversy and Spot Bitcoin ETF Approval: Report

Bitcoin Critic Jamie Dimon’s JPMorgan to Buy BTC on Behalf of BlackRock’s ETF

The amendments for spot Bitcoin ETF applications continue, with BlackRock naming Jane Street Capital and JPMorgan Securities as the authorized participants for its own exchange-traded fund, should it receive the…

Continue ReadingBitcoin Critic Jamie Dimon’s JPMorgan to Buy BTC on Behalf of BlackRock’s ETF