Charles Kibue

The Bitcoin community is criticizing JPMorgan’s new Bitcoin-backed notes, saying the bank is causing fear and doubt about Strategy, the largest company holding Bitcoin, and other firms that hold crypto in their treasuries. JPMorgan’s notes are an investment tied to Bitcoin’s price that amplifies outcomes, giving investors 1.5x the gains or losses. The product is […]

The Bitcoin price has climbed 1.55% in the past 24 hours, trading at $91,568, amid a 29% daily trading volume drop to $61 billion. The surge in BTC price happens after Cathie Wood, the CEO of Ark Invest, said she expects the crypto market to recover within the next month as the current liquidity squeeze […]

NYSE Arca has filed with the SEC  for approval to list the T. Rowe Price Active Crypto ETF, which will trade on the exchange and manage popular cryptocurrencies such as Bitcoin, Ethereum, XRP, Dogecoin, and Shiba Inu. The proposed fund won’t follow a set index. Instead, it will actively adjust which cryptocurrencies it holds based […]

The Bitcoin price has surged 4% in the past 24 hours, trading at $91,718, amid a 14% daily trading volume increase to $71 billion. The surge in BTC price comes as Nasdaq ISE proposes raising the position and exercise limits for BlackRock’s IBIT Bitcoin options from 250,000 contracts to one million. The rule change, published […]

JPMorgan, the largest U.S. bank with about $4 trillion in assets under management, has filed with the Securities and Exchange Commission to offer Bitcoin-backed structured notes that track the performance of BlackRock’s ETF (IBIT). According to the filing, investors could earn up to 16% if the ETF’s price meets or exceeds a certain level by […]