BlackRock is introducing the iShares Bitcoin Trust ETF in Brazil, marking a significant foray into cryptocurrencies for existing investors. BlackRock, the world’s largest asset manager, will introduce the iShares Bitcoin Trust ETF to Brazilian investors in a groundbreaking move to further integrate cryptocurrencies into the traditional financial system. The same ETF that was launched in the United States in January will also be launched in Brazil through a partnership with B3, a major Brazilian stock exchange operator. The ETF, which trades under the ticker IBT39 on B3, is BlackRock’s first cryptocurrency-based fund in Brazil and will be available for trading…
Author: Crypto Flexs
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Cardano (ADA) investors are focusing on AI technology token Option2Trade (O2T) due to its potential to significantly impact the market. These strategic moves show that smart investors are diversifying their portfolios with cutting-edge technologies that offer high returns. Option2Trade’s technological innovations make it a valuable asset for Cardano investors as it delivers high returns and demonstrates the potential for innovation and foresight in the cryptocurrency market. Strategic diversification through Option2Trade (O2T) Cardano Investors are known to be very interested in projects that offer a strong technological foundation and growth potential. Option2Trade fits this requirement perfectly with its AI-powered platform designed…
A prominent cryptocurrency trader believes that the Solana (SOL)-based altcoin project is on the verge of surging to record prices. A pseudonymous analyst known as Altcoin Sherpa says 208,400 followers on social media platform I said it was high. He believes the render will retest levels in the lower $7 range before breaking above the previous ATH of $8.78. “Rendering: ATH is inevitable. I think entry in the low $7 range is a sure bet.” Source: Altcoin Sherpa/X Render is trading at $7.49 at the time of writing, down nearly 6% in the last 24 hours. Next is the merchant…
Market experts predict that the price of Hedera (HBAR) will rise 67% by the end of 2024. Analysts predict that Arweave (AR) will surpass $20 by December 2024. Rebel Satoshi ($RBLZ) has successfully pre-sold. Hedera (HBAR) and Arweave (AR) are the latest trending coins to see notable price gains in early 2024. Meanwhile, Rebel Satoshi ($RBLZ), hailed as a leader among new ICOs, is aiming to follow suit in the coming days after its ICO closes. Pre-sale is currently ongoing. Read on as we analyze the recent performance of HBAR, AR, and $RBLZ to sketch their future trajectories and find…
Posted 1 minute ago In ~ Dog We Fat WIF +30.28% It has since outperformed its memecoin peers. Listed on Robinhood Europe. The Solana-based dog-themed token is up nearly 30% in the past 24 hours, according to price data from The Block.For comparison, memecoin Pepe is up 17.7%, Bonk is up 5.4%, and Dogecoin is down nearly 3% over the same period.According to CoinGecko, the overall memecoin market cap increased by 8.3%, while the overall global cryptocurrency market cap increased by 0.1%, remaining relatively stagnant.The latest price action usually comes after an outstanding week for memecoin. Dogwifhat is up 237%…
On-chain data shows that Bitcoin whales have just participated in a large-scale distribution, but the price of the asset has held steady so far. Bitcoin whales are selling, but sharks are expanding their holdings. According to data from on-chain analytics firm st tly, large BTC wallets are currently showing an interesting pattern. The indicator of relevance here is “supply distribution,” which tracks the total amount of Bitcoin currently held by various groups of wallets. Addresses are divided into these groups based on the number of tokens they hold. For example, the 1-10 coin group includes all wallets holding 1-10 BTC.…
What will cause extreme greed among Bitcoin investors in 2024? Discover the drivers behind market sentiment and forecasts. Since the start of 2024, Bitcoin (BTC) has seen an incredible surge, gaining a level of market dominance and investor interest not seen in years. On February 29, BTC hit a new record of $63,544, its highest since November 2021. As of March 1, BTC was trading at around $62,000, maintaining bullish sentiment in the market and pushing Bitcoin’s market dominance to around 53%. . BTC 1 month price chart | Source: CoinMarketCap The total market capitalization of cryptocurrency also increased to…
Bappebti did not specify how the Treasury wants to reform taxes, but it is likely it will seek to eliminate VAT to align with how stocks are treated. The industry expects that cryptocurrencies will be able to be treated as securities in Indonesia if supervisory authority moves to OJK, which oversees all financial services in Indonesia, including banking, capital markets, insurance, and pensions.
The Nigerian government has demanded $10 billion from Binance, claiming the cryptocurrency exchange’s activities have had a negative impact on the naira and the country’s economy. According to the BBC, the Nigerian government is demanding a whopping $10 billion in damages from Binance, the world’s largest cryptocurrency exchange platform, over accusations that its activities have significantly destabilized the country’s economy. The claims center around claims that Binance played a major role in manipulating exchange rates and contributed to the nearly 70% decline in the value of the naira in recent months. President Bola Tinubu’s spokesperson, Bayo Onanuga, emphasized that Binance’s…
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