Tag Archives: blackrock

The move signals a major stride on the part of JPMorgan as it intensifies its efforts towards boosting the commercial applications of blockchain technology. United States’ largest bank by assets, JPMorgan Chase & Co may have started using its blockchain-based collateral settlement for customers. This follows after a recent transaction between BlackRock Inc and Barclays Plc saw the duo use JPMorgan’s Tokenized Collateral Network (TCN) to effect the trade. According to Tyrone Lobban,...

Former BlackRock managing director Steven Schoenfield, who now serves as the CEO of MarketVector Indexes, predicts that the U.S. SEC will approve a Spot Bitcoin ETF within three to six months. Schoenfield shared this estimate during a panel discussion on ETFs at CCData’s Digital Asset Summit in London, where he was joined by another ex-BlackRock director, Martin Bednall, now CEO of Jacobi Asset Management. SEC’s ETF Approval Could Come Sooner Schoenfield’s response came after...

Crypto firm Matrix Port has stated that it’s Bitcoin Greed & Fear Index is up, suggesting another bull run for the world’s number one digital currency by market cap may be right around the corner. Matrix Port: Bitcoin May Be Heading Up The Index has a long track record of marking trend reversals. As of late, bitcoin has been somewhat stuck in the doldrums, though 2023 has been a year of recovery when compared with the trends of 2022. During that time, bitcoin...

Eric Balchuna claims that by the end of 2024, there is a 95% chance that a spot Bitcoin ETF will be approved, up from a 75% likelihood this year. The United States Securities and Exchange Commission (SEC) has once again postponed its decision on multiple proposals for spot Bitcoin exchange-traded funds (ETFs). This move, affecting applications from major crypto players such as BlackRock and Invesco, has caused serious discussions among analysts. The unexpected turn of events happened two...

The BlackRock bitcoin-based exchange-traded fund (ETF) application is the big topic in the crypto industry as of late. Everyone’s talking about it, including Austin Arold of Altcoin Daily. In a recent video, he went so far as to say he’ll be very surprised if the application isn’t approved, and he thinks BlackRock is paving the way for all sorts of change in the crypto sphere. The BlackRock ETF Could Easily Get a Greenlight BlackRock is the ultimate business when...

Bitcoin ETFs provide an easy way for investors to put their funds into the cryptocurrency market. The crypto industry is rife with anticipation for the Securities and Exchange Commission (SEC) to approve spot Bitcoin exchange-traded fund (ETF) applications. However, the extended clamor may now have the right backing as four members of the House Financial Services Committee – two from each party – have just written a letter to that effect. In the Tuesday letter obtained by Coinspeaker, the...

The topic of bitcoin ETFs is getting a lot stronger now that companies like BlackRock have submitted applications. Not long ago, Rob Nelson – the anchor of Roundtable – and Jordan Fried, the CEO of Immutable Holdings, held a discussion regarding how strong bitcoin ETFs will be in the coming future and what traders and investors can potentially look forward to. Rob Nelson on Bitcoin ETFs Nelson opened the conversation up by stating: Everybody knows that the bitcoin...

David Rubenstein is a billionaire that’s suddenly seeing bitcoin in a whole new light. He commented in a recent interview that bitcoin is here to stay, and that it’s likely to make huge waves throughout the financial arena. David Rubenstein is a BTC Fan The big thing that’s caused him to change his mind is the fact that BlackRock – one of the biggest standard monetary institutions in the world – has decided to enter the bitcoin industry through a new ETF...

Asset management giant BlackRock expects the Federal Reserve to keep its policy interest rate flat at its next Federal Open Markets Committee (FOMC) meeting on Wednesday. The prediction is in line with market expectations and is suspected by analysts to offer Bitcoin (BTC) a meaningful short-term price boost. BlackRock’s Fed Forecast According to Marilyn Watson – BlackRock’s head of Global Fundamental Income Strategy – the central bank’s federal funds target rate will remain...

There has been a lot of speculation as of late regarding the new bitcoin-based exchange-traded fund (ETF) application submitted to the Securities and Exchange Commission (SEC) by BlackRock. Many are calling this a revolutionary moment in crypto, and there are several analysts out there who think it’s going to pave the way for all kinds of good things including future crypto-centered ETFs and a few major bitcoin price booms. Why the BlackRock BTC ETF May not Be the...