BlackRock’s bitcoin exchange-traded funds (ETFs) have become the firm’s most profitable product line, according to Cristiano Castro, director of business development at BlackRock Brazil. The figure is notable given that the firm manages over 1,400 ETFs globally and is the world’s largest asset manager with… Read More
Despite ETF hype, central banks and asset allocators continue to choose gold over crypto for reserve and trade purposes.
Crypto-related stocks are higher across the board, led by the bitcoin miners.
Implied volatility indices tied to bitcoin and the S&P 500 have erased the recent spike, offering bullish price signals.
A sharp drawdown has pushed BTC towards heavy put positioning at $80,000 ahead of Friday’s expiry.
Technical reversal signals emerge amid extreme oversold conditions following an aggressive institutional distribution wave. News Background • Whale wallets dumped nearly 200 million XRP (~$400M) over 48 hours, triggering acute supply pressure• Market-wide risk-off intensified as Bitcoin slipped below $90,000, pulling altcoins into deeper volatility•… Read More
