
BlackRock Plans New Bitcoin ETF to Generate Income
BlackRock is expanding its cryptocurrency offerings with a plan to launch a new Bitcoin ETF designed to generate regular income for investors using a covered call strategy.
Ben Carter is a financial markets analyst at Wealtoro, specializing in the digital asset and cryptocurrency sector. He provides data-driven analysis of market trends, blockchain technology, and the evolving fintech landscape.
BlackRock is expanding its cryptocurrency offerings with a plan to launch a new Bitcoin ETF designed to generate regular income for investors using a covered call strategy.
The cryptocurrency market capitalization has fallen to $3.75 trillion, but major deals involving Tether and Cipher Mining indicate continued institutional interest.
Solana's price dropped to $192, a 19% decline from its recent peak. Market focus now shifts to an October 10 SEC decision on a spot SOL ETF.
Digital asset markets are showing a split performance, as Bitcoin posts gains of 0.70% to $113,061, while Ethereum and major altcoins face downward pressure.
The cryptocurrency market is showing mixed signals, with Bitcoin and Ethereum holding steady while altcoins, particularly meme coins like BRETT and PUMP, experience extreme volatility and triple-digit
Digital asset markets show mixed performance, with Bitcoin and Ethereum posting modest gains while several altcoins, including PUMP and BRETT, see triple-digit surges.
Bitcoin's weekly Bollinger Bands have compressed to their tightest historical levels, signaling an impending period of significant price volatility. Analysts expect a major price movement soon, though
The digital asset market shows mixed performance, with Bitcoin and Ethereum seeing slight declines while Binance Coin gains. Altcoins exhibit extreme volatility.
Market analysts are closely watching three critical Bitcoin support levels between $110,000 and $112,000 to determine the asset's next major price move.
Decentralized exchange Aster has surpassed Hyperliquid in 24-hour trading volume, reaching $793 million and signaling a major shift in the DEX market.
Bitcoin's price volatility is declining as it attracts more institutional investors, a sign of market maturation, according to MicroStrategy's Michael Saylor.
Bitcoin is trading in a tight range between $114,000 support and $117,200 resistance as investors await key U.S. PCE inflation data this week.
Bitcoin's mining difficulty and hashrate have surged to new all-time highs, increasing operational costs and raising concerns about industry centralization.
Bitcoin investor accumulation has surged to a two-month high, with over $2.67 billion in BTC moved off exchanges in 24 hours, signaling a long-term hold sentiment.
Digital asset custody firm BitGo has filed for an IPO on the New York Stock Exchange, reporting $90.3 billion in assets under custody in its SEC filing.
The U.S. CFTC has appointed JPMorgan's head of digital assets as co-chair of its crypto subcommittee, adding leaders from Uniswap, Aptos, and Chainlink.
The cryptocurrency market shows a mixed but stable trend, with Bitcoin holding above $116,000. Major altcoins like BNB are gaining, while Ethereum and XRP see minor dips.
A potential interest rate cut by the Federal Reserve could drive capital into higher-risk assets, potentially igniting a significant price rally for altcoins like ETH, XRP, and SOL.
Chainlink co-founder Sergey Nazarov claims the SEC is shifting its view on crypto, now seeing it as a source of economic growth rather than a systemic threat.
The global cryptocurrency market is facing a broad downturn, with Bitcoin falling to $115,783 and Ethereum dropping to $4,465 amid widespread investor caution.