The Block
BlackRock Head of U.S. iShares Product Rachel Aguirre said both retail and new investors are interested in the firm’s spot bitcoin ETF.Aguirre also discussed BlackRock’s educational efforts for clients and financial advisors regarding bitcoin.
There is a notable concentration of call options for ether with a strike price of $2,550 for the Jan. 19 expiry on Deribit.Anticipation of potential ether spot ETFs is attracting investor attention to the asset, according to analysts.
Quick Take Tether recently acquired an additional 8,888 bitcoins, increasing its total holdings to about 66,465 BTC. The current value of these bitcoins is about $2.8 billion.
Quick Take Institutional crypto staking platform Kiln has raised $17 million in a funding round led by 1kx. Kiln plans to use the capital to fund its global expansion plans, including opening its APAC Singapore headquarters in Q1.
Quick Take If approved, the proposed rules would require crypto firms to conduct due diligence on transactions worth at least $1,090.
Quick Take Its co-founder said the funding round was meant to “align interests of liquidity providers” rather than raise capital.
Quick Take South Korea is currently working to abolish the income tax on financial investments.
Quick Take The former U.S. president said in a campaign speech in New Hampshire that he won’t allow a central bank digital currency if he gets elected.
Traders sold over $238 million worth of TUSD on Binance in the last 24 hours.
Anticipation over the potential approval of spot ether ETFs will likely result in ETH continuing to outperform BTC, according to Wednesday’s QCP Market Report.
