Blackrock

Trustly, a Swedish fintech firm backed by BlackRock Inc. (NYSE:BLK) has reported a 51% increase in operating profit for 2023. Despite this, CEO Johan Tjarnberg stated that an IPO is at least two years away. What Happened: Trustly’s revenue for 2023 reached $265 million, with significant...

Cryptocurrency research firm 10x Research raised the chances of the SEC greenlighting the Ethereum (CRYTO: ETH) spot ETF later today to 90%. What Happened: In its latest newsletter, 10x Research deemed the approval a "formality". It noted that an X post by SEC Chair Gary Gensler cautioning...

Ethereum (CRYPTO: ETH) proponents might still be optimistic about a spot ETF approval but analysts tracking the developments increased the odds of a rejection by the SEC. What Happened: Analyzing a March filing submitted by BlackRock Inc. to the SEC over its ETF application, finance lawyer Scott...

Economist Mohamed El-Erian, Chief Advisor at Allianz, raised concerns about the Federal Reserve’s data-dependent approach following the April U.S. jobs report. He suggests it could cause further disruptions in global markets. Red Flags? The April jobs report, released on...

The crypto space is fraught with opinions, with celebrities, micro-influencers and community members constantly chiming in to give their take on markets.  This can make it difficult for investors to determine what information is important and relevant. However, when topics are discussed by...

In the lead-up to the ‘halving’ event, Crypto.com CEO Kris Marszalek anticipates a surge in Bitcoin (CRYPTO: BTC) sales. This event, expected to significantly boost Bitcoin’s price over time, is predicted to occur around Apr. 20. What Happened: The ‘halving’ event...

Despite the endorsement of Bitcoin (CRYPTO: BTC) by investment heavyweight BlackRock Inc. (NYSE:BLK), skepticism about the cryptocurrency persists among many finance professionals. What Happened: BlackRock’s acceptance of Bitcoin in 2023 marked a significant shift in the financial industry....

Amid the evolving landscape of cryptocurrency investment vehicles, issuers of Bitcoin (CRYPTO: BTC) ETFs have cast doubt on the U.S. Securities and Exchange Commission’s (SEC) readiness to greenlight an Ethereum-based ETF (CRYPTO: ETH). What Happened: Issuers of Bitcoin ETFs expressed doubts...

Americans share many financial concerns. Among them are inflation, earning a competitive wage, maintaining an emergency fund and saving for retirement.  When you consider all these concerns as a whole, it's easy to see why 90% of Americans say their finances have an impact on their stress...

BlackRock Inc. (NYSE:BLK) CEO Larry Fink is “surprised” with the performance of the company’s Bitcoin (CRYPTO: BTC) focused ETF IBT (NASDAQ:IBIT). What Happened: During a conversation with Fox Business on Wednesday, Fink said “IBIT is the fastest growing ETF in the history...

BlackRock Inc., the world's largest asset manager, has deployed $100 million onto Ethereum anticipating the approval of BlackRock's new Digital Liquidity Fund. CEO Larry Fink believes tokenization and exchange-traded funds (ETFs) will revolutionize finance, and many experts believe the tokenization...

In a recent social media post on X, Strive CEO Matt Cole criticized BlackRock Inc. (NYSE:BLK) for allegedly imposing a climate agenda on energy companies. This has sparked major controversy in the industry. What Happened: Cole, in a comment, pointed out that BlackRock’s vast energy assets do...

Financial behemoth BlackRock Inc (NYSE:BLK) has submitted a filing with the Securities and Exchange Commission, outlining plans to create a new fund centered on tokenized assets. The firm has kept the total size of the fund under wraps. What Happened: Stationed in the British Virgin Islands and...

By Facundo Zamora, CEO Finanflix and Juan Ignacio Murua, CFO Finanflix Ever since Blackrock (NYSE: BLK) announced its Bitcoin (CRYPTO: BTC) ETF, the market cap of BTC has surged, now exceeding one trillion dollars—a monumental figure. To put this into perspective, even if you...

Grayscale is set to introduce a new Bitcoin ETF, the Grayscale Bitcoin Mini Trust, in an innovative move aimed at revitalizing its flagship Grayscale Bitcoin Trust (OTC: GBTC) amid recent financial challenges. What Happened: The announcement came through an S-1 filing on Tuesday, revealing...