Direct client demand driving growth in BlackRock's Bitcoin ETF so far

JPMorgan Chase — whose CEO, Jamie Dimon, once notably expressed skepticism over cryptocurrency — was actually one of the first financial institutions to “learn to love the blockchain.” In 2015, the bank created a division dedicated to exploring emerging technology such as blockchain.We were two of the first members of the JPMorgan blockchain team. We…

Blocko, a South Korean blockchain provider, launched in the United Arab Emirates after securing $16 million in funding.Building full-scale enterprise blockchain solutionsOn Oct. 2, Middle Eastern business publication Arabian Business reported that Blocko has partnered with SEED Group, a member of the Private Office of Sheikh Saeed bin Ahmed Al Maktoum in the UAE. Before launching…

Africa’s booming crypto ecosystem welcomes a new exchange platform MARA with backing from the likes of Coinbase Ventures and Alameda Research. 214 Total views 7 Total shares East Africa is set to welcome a new cryptocurrency exchange backed by a formidable list of industry heavyweights looking to tap into a continent full of potential users.Coinbase…

The firm invested $100M into the Grayscale Bitcoin Trust late last year, it has sold one third and it's holdings are still worth $50M more than the purchase price. 904 Total views 15 Total shares Israel's Altshuler Shaham Investment House has doubled its money after tipping $100 million into the Grayscale Bitcoin Trust late last…

Multinational banking giant HSBC has reportedly become the first bank to complete financing transaction on European blockchain trade platform we.trade.Since we.trade started the project back in 2017, HSBC recently financed a transaction on the platform within a second round of pilots that started in June 2019, economics magazine Global Trade Review (GTR) reported on Aug.…

The company had disclosed the investment on Dec. 2, but had previously not committed to returning the funds. 388 Total views 23 Total shares Own this piece of history Collect this article as an NFTMedia start-up Semafor said on Jan. 18 that it will attempt to buy back former FTX CEO Sam Bankman-Fried’s $10 million…

Bitcoin (BTC) price was testing support at $10,000 again on Sept. 9 after the largest cryptocurrency’s latest bull run broke down over the weekend. Market visualization. Source: Coin360Bitcoin sees rare weakness after $11K bull runData from Coin360 showed BTC/USD staying lower in its weekly trading range on Monday, having risen as high as $10,930 on Sept.…

Bitcoin Cash (BCH) went through with its first block reward halving on Wednesday, with the coin price gaining 11.2% on the day. Those gains were exceeded by Bitcoin SV (BSV), which gained 19.4% in the same time period. Bitcoin SV is scheduled to carry out its own block reward halving by Friday, April 10th. Both Bitcoin forks…