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BlackRock's new bitcoin paper outlines the cryptocurrency's qualities as 'unique' hedge against global risks

BlackRock's paper highlights bitcoin's unique status as a diversifier, its detachment from traditional asset performance, and its role as a potential safe haven amid geopolitical tensions.

theblock.co • 18/09/2024 - 18:22 PM

The Daily: Bitget and Foresight Ventures invest $30 million in TON blockchain, CME futures traders increase bitcoin shorts ahead of Fed decision and more

Bitget and Foresight Ventures invest in TON blockchain; CME futures traders short bitcoin amid Fed's decision; Google Cloud launches Ethereum RPC service; Monerium introduces euro-backed stablecoin.

theblock.co • 18/09/2024 - 17:16 PM

The Daily: Bitget and Foresight Ventures invest $30 million in TON blockchain, CME futures traders increase bitcoin shorts ahead of Fed decision and more

Bitget and Foresight Ventures invest $30M in TON, CME traders brace for bitcoin volatility, and Google Cloud launches Ethereum RPC service, along with stablecoin developments.

theblock.co • 18/09/2024 - 17:16 PM

'It’s cool to hate Ethereum right now. I bet this ends up looking silly,' Bitwise CIO says

Bitwise CIO Matt Hougan discusses Ethereum's challenges and potential, highlighting its established success despite competition and regulatory concerns, proposing it as a contrarian investment approach.

theblock.co • 18/09/2024 - 12:53 PM

US spot Bitcoin ETFs logged $187 million in net inflows yesterday as BTC hovers around $60,000

U.S. spot Bitcoin ETFs saw strong inflows of $186.8 million, reversing prior outflows. Bitcoin trades above $60K, while Ethereum ETFs face declines.

theblock.co • 18/09/2024 - 09:31 AM

BlackRock’s IBIT clocks first daily net inflows in three weeks as spot Bitcoin ETFs attract $12.8 million

BlackRock’s IBIT generated positive flows on Monday for the first time in three weeks as spot Bitcoin ETFs witnessed a combined $12.8 million in net inflows. Meanwhile, spot Ethereum ETFs returned to daily net outflows of $9.4 million.

theblock.co • 17/09/2024 - 10:02 AM

ParaFi Capital tokenizes portion of $1 billion venture funding on Avalanche via Securitize

ParaFi Capital is tokenizing $1 billion of assets on Avalanche blockchain with Securitize, leveraging benefits of blockchain technology for enhanced investment opportunities and lower costs.

theblock.co • 13/09/2024 - 10:00 AM

ParaFi Capital tokenizes portion of $1 billion venture funding on Avalanche via Securitize

ParaFi Capital is tokenizing part of its $1 billion assets on Avalanche with Securitize, expanding investor access and utilizing blockchain technology for efficiency and liquidity.

theblock.co • 13/09/2024 - 10:00 AM

Global crypto investment products see $305 million in weekly outflows: CoinShares

Global crypto funds faced $305 million in outflows last week due to negative sentiment driven by U.S. economic data, particularly impacting Bitcoin and Ethereum investments.

theblock.co • 02/09/2024 - 09:50 AM

The Daily: Microsoft-backed startup's $20 million raise, Aave Labs' proposed integration with BlackRock's BUIDL, MakerDAO's rebrand and more

Microsoft-backed blockchain and AI startup Space and Time raised another $20 million. Aave Labs proposed integrating BlackRock’s BUIDL with the GHO stability module. MakerDAO rebranded to Sky, with the DAI stablecoin optionally upgradeable to USDS. The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

theblock.co • 27/08/2024 - 17:52 PM

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