Football icon Cristiano Ronaldo is rolling out a new NFT collection with Binance commemorating different stages of his illustrious career.
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The Thai government has announced a new visa class for remote workers that can be extended for up to 360 days, but details on income and tax liabilities are unclear.
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BlackRock’s iShares Bitcoin Trust (IBIT) has overtaken the Grayscale Bitcoin Trust to become the largest spot Bitcoin ETF globally, according to recent data. On May 28, IBIT saw an influx of $102.5 million, contrasting with a $105 million outflow from GBTC. Now, BlackRock holds a total of 288,670 Bitcoin, slightly more than Grayscale’s 287,450 Bitcoin. Industry experts note this shift marks a significant milestone in the cryptocurrency investment landscape.
A Bloomberg report highlighted that as of May 29, BlackRock’s fund amassed $19.68 billion in Bitcoin, narrowly surpassing Grayscale’s $19.65 billion. The surge in BlackRock’s Bitcoin assets reflects a broader acceptance and growing trust in cryptocurrency investments among traditional investors.
Recent SEC filings reveal that BlackRock’s own income and bond funds are investing in IBIT, signifying a strong institutional backing for the ETF. This growing support, coupled with BlackRock’s dominance in ETF inflows, underscores the increasing integration of Bitcoin into mainstream finance.
Ether is due to be the next crypto to pass its current record peak, a popular crypto market analyst believes.
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BlackRock’s $20 billion spot Bitcoin ETF recorded inflows of over $102 million on May 28, while Grayscale’s ETF bled again.
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A total of eleven crypto asset companies and exchanges have withdrawn license applications ahead of the deadline.
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The ARK Invest CEO praised the Central American country for being an “oasis” for Bitcoin and AI adoption.
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The new crypto derivatives product allows investors to speculate on future hashrates and hashprices.
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ZKasino denied it tried to make off with $33 million of investor funds in April and has now opened up a short refund window.
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AI crypto tokens are “quiet now,” bleeding red across the board, but a crypto trader says that won’t last.
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