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With Joe Biden at the helm of affairs now, the expectations that the market will see an improved boost is high.
BlackRock’s SEC filing suggests that the fund manager is seeking exposure to investing in Bitcoin Futures for two of its funds. The world’s largest asset manager shall be waiting for an SEC nod to invest in Bitcoin (BTC).
The Ethereum ecosystem has significantly benefited from the booming decentralized finance industry.
The impressive debut of Stellantis has earned the entity a positive credit rating pulled from the revision of FCA by the S&P Global Rating just before the merger.
Grayscale continues to attract institutional money in 2021 after reporting a staggering $3.3 billion inflows during Q4 2020. Last week, the digital asset manager purchased nearly 10K Bitcoins worth over $300 million.
The inside source made assertions that Goldman Sachs is avoiding cryptocurrency brokerage services which are currently being provided by a number of US-based cryptocurrency exchanges including Coinbase, and Gemini amongst others.
Markets remained uncertain during Thursday as the weekly job data shows no improvements. Instead, more Americans have filed for unemployment. Analysts believe this weakening job data will provide fodder to the Biden administration to clear their proposed $1.9 fresh stimulus.
According to ARK Investment’s SEC filing, its Space Exploration ETF will focus on companies that are “leading, enabling, or benefitting from technologically enabled products and/or services that occur beyond the surface of the Earth.”
The package involves measures and financial help for vaccine distribution as we supporting the unemployed through direct transfer benefits up to September 2021. President-elect Joe Biden said that they have no time to waste and get the ball rolling fast.
The Bitcoin resistance at $40,000 may be a new inflection point for the coin to soar to the new heights that it has always been projected to reach.
Investors have been waiting on the sidelines with the impeachment developments of President Donald Trump as well as on the hope of the next stimulus package announcement by upcoming President Joe Biden.
Within the IPO, Affirm has offered 24,600,000 shares of its Class A common stock. The offering will close on January 15.
Tesla is planning to expand its operations in Asia’s second-largest economy and has already registered an office in India. The company is likely to start manufacturing its cars already in 2021.
The head of commodity research at Goldman Sachs said that Bitcoin (BTC) is certaintly attaining more maturity as an asset class. However, he adds that more institutional money needs to flow into BTC to gain price stability.
As the volatility spikes by the day, Bitcoin’s average transaction fees have scaled to their highest since 2018, around $13.82.