Tag: holds

Bitcoin holds the bulk of its gains from this week’s rally to $100,000, altcoins turn bullish

coiner

Key points: Bitcoin holding $100,000 as a level of support would confirm the current trend change. Ether leads among altcoins, and DeFi tokens could follow. Bitcoin (BTC) broke above the psychologically critical $100,000 level on May 8, and the bulls are trying to hold on to the level on May 9. In an X post, CoinGlass said that Bitcoin’s rally resulted in $837.80 million in short liquidations in a 24-hour period, the largest since 2021. Bitcoin’s rally also lifted several major altcoins, which soared above their respective overhead resistance levels.…

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Emory University Holds Over $16M in Bitcoin ETFs and Coinbase Shares

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Emory University has disclosed ownership of over $15 million in shares of the Grayscale Bitcoin Mini Trust, according to a recent filing with the U.S. Securities and Exchange Commission. This announcement marks Emory as the first American endowment to publicly report exposure to bitcoin. In addition to its bitcoin investment, Emory holds 4,312 shares of […] Source link

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Goldman Sachs Holds Over $400M in Spot Bitcoin ETFs

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Goldman Sachs has disclosed $418 million holdings in spot Bitcoin exchange-traded funds (ETFs), signalling a growing institutional appetite for Bitcoin exposure. BREAKING: 🇺🇸 Goldman Sachs reports holding over $400 million in spot #Bitcoin ETFs in new SEC filing 👀 pic.twitter.com/n4nWDfCm6w — Bitcoin Magazine (@BitcoinMagazine) August 14, 2024 In a quarterly filing, the Wall Street titan revealed investments in 7 different Bitcoin ETFs available in the U.S. market. Its largest position was in BlackRock’s iShares Bitcoin Trust (IBIT), worth nearly $240 million. Goldman also held shares of the $79.5 million Fidelity…

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SEC Holds Crucial Meeting with Spot Bitcoin ETF Applicants to Ensure Alignment

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In a significant development, the Securities and Exchange Commission (SEC) convened with applicants seeking approval for spot Bitcoin Exchange-Traded Funds (ETFs) today, according to Eleanor Terrett and Charles Gasparino of FOX Business.  Terrett revealed sources who attended the meeting said the SEC was “making sure everyone is doing cash creates,” and “asked issuers to remove all hints of in-kind redemptions from their filings.” This meeting assumes paramount importance amid the ongoing discussions and evaluations regarding the approval of such ETFs. Terrett’s post hinted at the collaborative nature of the meeting, suggesting efforts to bring…

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Donald Trump’s Ethereum wallet holds $2.8M, new statement shows

coiner

A new financial statement has revealed former United States President Donald Trump owns over $2.8 million in an Ethereum wallet. The statements shared on Aug. 14 by the non-profit watchdog Citizens for Responsibility and Ethics in Washington show Trump made over $4.8 million from licensing fees tied to nonfungible token (NFT) collections using his image — with Trump netting around $7.6 million from his crypto-related ventures. The $2.8 million in Trump’s Ethereum wallet is considerably larger than the $250,000 to $500,000 figure disclosed in Trump’s April 14 filing. You might’ve missed…

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Future-Proof Inheritance: Why Bitcoin Holds The Keys To My Will

coiner

This is an opinion editorial by Konstantin Rabin, a finance and technology writer. Death is not something that many people like talking about all too much, but it is crucial to sit and have a good think about what will happen to all of your earthly belongings when the inevitable eventually happens. Despite its importance, a 2021 study found that less than half of all adults in the U.S. have a will set up at all. While many are too scared of thinking about it, a large number of people…

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