Bitcoin

Larry Fink, chief executive officer of BlackRock Inc. © 2020 Bloomberg Finance LP According to Securities and Exchange Commission filings submitted Wednesday, the BlackRock Global Allocation Fund held 37 futures contracts, which expired on March 26, from the Chicago Mercantile Exchange (CME) worth $6.15 million. The contracts had appreciated by $360,458. The filings match prospectus documents filed with the SEC in January, which showed that BlackRock was eyeing cash-settled… Source link

<!– (function(w, l){ w[l]=w[l]||[]; w[l].push({ ‘gtm.start’: new Date().getTime(), … Source link

Mary Rich, who is about to become the new global head of digital assets for Goldman Sach’s private wealth management division, said in an interview with CNBC Wednesday that Goldman will begin offering cryptocurrencies to investors sometime in the next three months. Goldman will announce Rich’s new position Wednesday, according to an internal company memo shared with CNN. “In this newly-created role, she will work closely with advisors to educate clients about blockchain technology and the… Source link

Headlines by Visa V are making waves in the crypto market, and highlight one important trend; the crypto marketplace is rapidly becoming differentiated, with stablecoins occupying a leading position. Visa SOPA Images/LightRocket via Getty Images Bitcoin continues to lead the way in terms of crypto conversation, investment trends, and market capitalization, but the reality is a little more complicated than some commentary might have one believe. Especially with the… Source link

Bitcoin has been on a tear over the last six months, climbing almost 500% amid a bull market that’s made the cryptocurrency a $1 trillion asset. The bitcoin price, now hovering near its all-time highs of around $60,000 per bitcoin, has soared as Wall Street giants and companies including Elon Musk’s electric car company Tesla make big bets on bitcoin. Now, as the broader cryptocurrency market nears $2 trillion—up almost three-fold since the beginning of the year—the chief… Source link

Bitcoin is on the brink of a major breakout above $60,000 on the back of Visa and PayPal’s decision to make digital asset services more accessible. The world’s largest cryptocurrency, which now has a market cap of $1.1 trillion, has risen by more than 17% since March 25’s low of $50,400. At the time of writing it is trading at $59,450 as it begins to nudge convincingly towards its all-time high of $62,000. From a technical level, if Bitcoin is dealt a rejection from the psychological… Source link

Topline After a stark plunge Thursday that wiped out $100 billion in market value, the world’s largest cryptocurrency is back near all-time highs Tuesday as corporations like Visa and PayPal join other institutional players in expanding their crypto offerings. Bitcoin, the world’s largest cryptocurrency has been on the mend since shedding $100 billion in one … [+] day last week. Getty Images Key Facts As of 4 p.m. EDT, the price of bitcoin has climbed 2% over the… Source link

Photo by Thought Catalog on Unsplash While you’re probably at least passingly familiar with Bitcoin, what the heck is Dogecoin? With all the noise — and it’s fair to say, craziness — associated with cryptocurrency, we thought you might like a bit of an overview. Like the off-the-rails GameStop stock hack, the cryptocurrency Dogecoin… Source link

No, the chain isn’t accepting the cryptocurrency as payment for its Mexican dishes. Instead, Chipotle is giving away $100,000 worth of bitcoin on Thursday to celebrate National Burrito Day. The contest marks the first time a US restaurant chain has given away bitcoin, according to Chipotle. To win, Chipotle (CMG) fans can visit the website BurritosOrBitcoin.com launching Thursday to try to guess a valid six-digit code. Each player gets 10 tries during the contest, which runs from noon to 9 pm… Source link

Free burritos or Bitcoin? Chipotle Mexican Grill has both up for grabs Thursday ufor National Burrito Day. The fast-casual chain announced Tuesday it will give away $100,000 in free burritos and $100,000 in Bitcoin through an interactive game. National Burrito Day is April 1 and while Mexican food chains aren’t exactly going the whole enchilada, the day hasn’t been canceled like other food days during the COVID-19 pandemic. The made-up food holiday is held annually on the first Thursday of… Source link