Bitcoin surpasses silver to become second largest ETF commodity in the US – The Block – Crypto News
After just one week of trading, Bitcoin ETFs have surpassed silver ETFs in terms of assets under management in the US. ”Bitcoin BTC +0.08% “In the US, ETFs have outperformed silver ETFs in terms of size due to the tremendous interest they have received from the market,” Jag Cooner, head of derivatives at Bitfinex, told […]
Biden hails court decision to block of Spirit, JetBlue merger
President Biden on Tuesday praised a federal judge's decision to block the merger of Spirit Airlines and JetBlue Airways, calling it a victory for consumers. “Capitalism without competition is not capitalism. It is exploitation,” Biden said in a statement. “Today's ruling is a victory for consumers around the world who demand lower prices and more […]
White House ‘system’ to block identities of Hunter Biden’s artwork was never established: testimony
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AI fever takes over Davos pushing crypto aside as the new cool kid on the block – CNBC
A pedestrian passes by a TATA pop-up store with a poster that says “The future is AI” ahead of the World Economic Forum (WEF) in Davos, Switzerland, on Sunday, January 14, 2024. Bloomberg | Bloomberg | Getty Images This change highlights the rapid rise in investment and interest in AI over the past year, triggered […]
Guatemala swears in Bernardo Arevalo as president despite last-ditch effort to block election results
Guatemala swore in reformist Bernardo Arévalo as president on Monday, despite a last-minute attempt by Congress to delay the inauguration. In his first speech after being sworn in, Arevalo said: “I am deeply honored to take on this noble responsibility, knowing that our democracy has the strength we need to resist and that through unity […]
GameStop axes NFT marketplace, citing regulatory uncertainty – The Block – Crypto News
issued 1 minute ago upon GameStop has announced the closure of its NFT marketplace. In a statement posted on its website, the company cited “continued regulatory uncertainty in the cryptocurrency space” as the reason for the closure. The marketplace officially launched on Halloween 2022, focusing on gaming assets in partnership with ImmutableX, Ethereum's Layer 2 […]
JPMorgan doesn't see more than 50% chance of spot Ethereum ETF approval by May – The Block – Crypto News
JPMorgan is not betting big on the Securities and Exchange Commission approving a Spot Ethereum exchange-traded fund in May, the original deadline for approving a Spot Ethereum exchange-traded fund. “In our opinion, for the SEC to approve a Spot Ethereum ETF in May, it will need to classify Ethereum as a commodity (similar to Bitcoin) […]
Wall Street firms block client access to new spot Bitcoin ETFs
Check out what's being clicked on FoxBusiness.com A handful of Wall Street's biggest firms are blocking retail investors from accessing a new “spot” Bitcoin ETF, a FOX Business investigation has found. Vanguard, the world's second-largest asset manager after BlackRock, and financial advisors Merrill Lynch, Edward Jones, and Northwestern Mutual are among the 11 listed investments […]
Michael Block wins 2023 PGA Pro of the Year, as the Block Party continues
Southern California PGA professional Michael Brock captured the hearts of the golf world at the PGA Championship last May. From there, the block party continued for months. The Mission Viejo, Calif., resident shot to fame in 2023 by traveling the world, playing golf and meeting celebrities. The calendar may have read 2024, but that doesn't […]
BlackRock expects spot Bitcoin ETF approval next Wednesday: Fox Business – The Block – Crypto News
issued 1 minute ago upon The approval wait for an exchange-traded fund (ETF) that trades Bitcoin directly, known as a Spot Bitcoin ETF, could end as early as Wednesday next week. according to report On Fox Business, BlackRock, the world's largest asset manager and one of the companies vying to bring a spot Bitcoin ETF […]