BlackRock, the world’s largest asset manager with $11 trillion in assets under management (AUM), has taken a groundbreaking step by adding its iShares Bitcoin Trust (IBIT) to its $150 billion model portfolio universe. This strategic move signifies a major leap in institutional Bitcoin adoption, potentially influencing a new wave of mainstream investment. Bitcoin ETF Gains … [Read more...] about BlackRock Integrates Bitcoin ETF into $150 Billion Model Portfolio, Boosting Institutional Adoption
Cryptocurrency
Sumit Gupta Criticizes WazirX and Phemex for Concealing Security Breaches
Sumit Gupta, CEO of CoinDCX, has strongly criticized WazirX and Phemex for their failure to disclose recent crypto security breaches in a timely manner. Gupta accused both exchanges of prioritizing their reputation over user security, which, he claims, has resulted in massive financial losses for the crypto community. Taking to X (formerly Twitter), Gupta emphasized that if … [Read more...] about Sumit Gupta Criticizes WazirX and Phemex for Concealing Security Breaches
Bybit Hack: $1.5 Billion Cryptocurrency Theft Sets Record as Biggest in History
Bybit Hit by Largest-Ever Crypto Heist, Pledges Full Refund to Users Dubai-based cryptocurrency exchange Bybit has confirmed a staggering $1.5 billion (£1.1 billion) security breach, marking what could be the largest crypto theft in history. The firm assured its 60 million global users that their funds remain secure and pledged full reimbursement to affected … [Read more...] about Bybit Hack: $1.5 Billion Cryptocurrency Theft Sets Record as Biggest in History
Pi Coin Surges 80% After Initial Market Crash: Latest Price and Key Updates
Pi Coin, one of the most anticipated cryptocurrencies in recent years, has rebounded with an impressive 80.23% surge, climbing to $1.29, according to the latest CoinMarketCap data. This price recovery follows a dramatic dip on its first official trading day, highlighting the volatility surrounding the digital asset. The surge comes after Pi Network finally opened for … [Read more...] about Pi Coin Surges 80% After Initial Market Crash: Latest Price and Key Updates
Crypto Market Update: Record Bitcoin ETF Outflows, SEC Drops Uniswap Probe, and Altcoin Season Predictions for 2025
The cryptocurrency market witnessed significant developments today, with US spot Bitcoin ETFs experiencing record outflows, the SEC closing its investigation into Uniswap, and CryptoQuant CEO Ki Young Ju forecasting a selective altcoin season in 2025. Here’s a detailed breakdown of today’s top crypto news. US Spot Bitcoin ETFs See Record $938M Daily Outflow Amid Market … [Read more...] about Crypto Market Update: Record Bitcoin ETF Outflows, SEC Drops Uniswap Probe, and Altcoin Season Predictions for 2025