Blackrock's Bitcoin ETF flips gold fund
Blackrock’s IBIT ETF now holds upwards of $33 billion in assets, more than the asset manager’s gold fund.
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From eNaira to eHryvnia, a Caribbean fintech develops CBDC around the world
Barbados, a paradise island in the West Indies, is known for its azure beaches, tidal waves, shipwrecks, homegrown grown Barbadian (Bajan) hospitality, and more recently, an influx of remote workers. Now, one can add cryptocurrency innovations to that list as well. Bitt, a Bajan fintech firm developing blockchain technology, has successfully created the eNaira central…
Nigeria’s blockchain future depends on local talent, experts say
Local experts note that if Nigeria adopts a foreign blockchain it would be difficult for the country to stamp its influence on key blockchain decisions.
Bitcoin Options Data Shows Investors Betting on $50K BTC Price in 2021
Over the past three weeks, $150,000 worth of Bitcoin (BTC) $50K call options for June and December 2021 strikes have been traded. LedgerX derivatives exchange has been intermediating these ultra bullish trades, but what could be the rationale behind them?There are some good reasons for buying options with such small odds, but paying $1,000 for…
Calls to release Binance exec intensify after 6 months in Nigerian detention
Binance CEO Richard Teng and family members have called for action, claiming Tigran Gambaryan has been unjustly detained in Nigeria since February.
Most asset managers still in ‘education mode’ on crypto, says Fidelity
Michael Derbin, head of Fidelity Institutional, says that while some wealth managers are by now “sophisticated” and “comfortable” with crypto, many others are still playing catch up. 1978 Total views 31 Total shares Michael Derbin, head of Fidelity Institutional, thinks that many wealth managers and financial advisors still lack the requisite in-depth knowledge when it…
Chinese Quarantines Cash To Stop Coronavirus, Not an Issue With Bitcoin
It has been reported that China has started a quarantine of its used bank notes to try to stop the spread of the coronavirus. Meanwhile, the crypto community began to pick up on the news commenting that the use of Bitcoin as a means of payment should fix the issue.More confirmed cases of the epidemic…
Survey finds 5% of corporate CFOs plan to buy Bitcoin in 2021
A small scale study of financial executives has found that 5% of companies intend to invest in Bitcoin (BTC) as a corporate asset this year, with a further 11% stating they could do so by 2024.The survey conducted by Gartner comes on the back of news that Tesla invested 8%, or $1.5 billion of its…
New Zealand Blockchain Group to Request Government Blockchain Strategy
New Zealand-based blockchain industry group BlockchainNZ announced that it will request a national blockchain strategy from the government next Thursday, according to a press release on May 21.The executive director of Blockchain NZ, Mark Pascall, will give a presentation to the New Zealand parliament’s economic development, science and innovation select committee hearing on the potential…