Bitcoin (BTC) Rebounds but Whales Stay Cautious: Will Big Players Enter the Market?

TL;DR Bitcoin’s Resurgence: Bitcoin (BTC) has recently rebounded, sparking optimism in the cryptocurrency market. Despite past downturns, it has recovered, prompting speculation about whether major investors will now enter the market. Whale Movements: Blockchain analytics firm IntoTheBlock reports that large Bitcoin holders, known as ‘whales,’ have modestly increased their BTC holdings by 3,000 BTC ($198 million), which […]

BlackRock Taps Top Wall St. Players As Authorized Participants for BTC ETF

BlackRock, the world’s leading asset manager, has designated four institutional giants, including Goldman Sachs, Citi, UBS, and Citadel, as authorized participants (APs) for its spot Bitcoin exchange-traded funds (ETFs), iShares Bitcoin Trust, according to an updated prospectus filed on April 4. More Wall Street giants want to be involved in the Bitcoin ETF market, and […]