Blackrock

The week’s financial landscape was a mixed bag with warnings of a debt crisis, bullish views on U.S. stocks, and concerns about the unemployment rate. The most prominent financial figures such as the ‘Bond King’ Bill Gross, global asset manager BlackRock Inc, and JPMorgan Chase...

The world’s largest asset manager BlackRock Inc has demonstrated an optimistic outlook on U.S. stocks, predicting a forthcoming economic soft landing. What Happened: BlackRock, which is managing $10 trillion in assets, has upgraded its U.S. stocks rating from “underweight” to...

Charles Schwab, the multi-trillion-dollar asset management firm, could make its foray into the Bitcoin exchange-traded funds market, analysts predict. What Happened: This move follows the industry giants BlackRock and Fidelity, whose Bitcoin ETFs have garnered combined assets of nearly $4 billion...

In a recent episode of CNBC’s “Mad Money,” host Jim Cramer advised investors to buy shares of BlackRock Inc. (NYSE:BLK). What Happened: On the Thursday episode of “Mad Money,” Cramer gave his opinion on several stocks during the show’s “Lightning Round...

BlackRock, the world’s largest asset manager, has issued a warning about the impact of geopolitical volatility on global markets. What Happened: BlackRock’s analysts, led by Wei Li, have highlighted the increasing geopolitical risks and their potential to disrupt traditional market...

The Securities and Exchange Commission (SEC) has postponed the deadline for passing a judgment on the proposed spot Ethereum (CRYPTO: ETH) exchange-traded fund (ETF) by Fidelity to March 5. What Happened: The SEC has expanded the decision-making timeframe for the proposed rule amendment, allowing...

Floki's (CRYPTO: FLOKI) sister token TokenFi (CRYPTO: TOKEN) is betting heavily on tokenization.What Happened: TokenFi is up 33% in the last seven days, outperforming Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB), which gained over 2-4% during the same period. Larry Fink, CEO of BlackRock,...

An Ethereum (CRYPTO: ETH) address that stood inactive for eight and a half years sprang to life as it transferred 2000 ETH, worth approximately $506,140, Etherscan data confirms.  What Happened: The reactivated wallet held ETH that cost between $0.42 to $1.39 back when the cryptocurrency was...

Ben Armstrong has proclaimed his goal to achieve what has yet to be accomplished in securing approval for a Bitcoin (CRYPTO: BTC) exchange-traded fund (ETF). What Happened: “Today I’m going to attempt something that to this date, no one has been able to do,” Armstrong wrote in a...

Major Bitcoin (CRYPTO: BTC) ETF applicants made last-minute changes to their fee structures this week in anticipation of a final decision from the SEC. What Happened: BlackRock Inc (NYSE: BLK) kicked off the developments with an S-1 showing a 0.30% fee, but noted it will be 0.20% for the...

The U.S. Securities and Exchange Commission informed exchanges and issuers that want to list spot Bitcoin (CRYPTO: BTC) ETFs to submit a final version of a key document as soon as Friday, Bloomberg reported, citing sources close to the matter. What Happened: The documents...

Bitcoin (CRYPTO: BTC) broke the $44,000 mark shortly after the Federal Reserve decided to maintain steady interest rates, amid surging spot BTC ETF optimism through the cryptocurrency market.  This leap from $37,000 in under a month is being heralded as the ‘Santa Rally’, buoyed by the...

Bitcoin (CRYPTO: BTC) broke the $44,000 mark shortly after the Federal Reserve decided to maintain steady interest rates, amid surging spot BTC ETF optimism through the cryptocurrency market.  This leap from $37,000 in under a month is being heralded as the ‘Santa Rally’, buoyed by the...

U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler gave broad commentary on pending spot Bitcoin ETF applications Thursday as investors eagerly anticipate updates regarding ETF applications.  What Happened: Gensler appeared on CNBC's "Money Movers"...

The U.S. Securities and Exchange Commission (SEC) on Tuesday announced a delay in its decision regarding the listing and trading of shares of the Grayscale Ethereum (CRYPTO: ETH) Trust. The decision, initially due in December 2023, has been postponed to Jan. 25, 2024, as the SEC required more...