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Turmoil: Blackrock’s Bitcoin Video Raises Questions About the 21 Million Hard Cap

Turmoil: Blackrock’s Bitcoin Video Raises Questions About the 21 Million Hard CapBlackrock’s recently posted video explaining the basics of bitcoin to investors has raised questions about the staying power of the so-called hard cap issuance limit. In the video, Blackrock explains that there is “no guarantee” that the 21 million supply cap will not be changed, opening a debate on the ossification of the top cryptocurrency. […]

FDIC Warns 68 US Banks in Danger of Insolvency As Lenders Face $364,000,000,000 in Unrealized Losses

Bitcoin ETFs flip gold funds in AUM: K33 Research

On Dec. 16, US spot and derivative Bitcoin ETFs collectively broke $129 billion in net assets, surpassing gold ETFs for the first time.

Net assets in United States Bitcoin (BTC) exchange-traded funds (ETFs) surpassed those in gold funds for the first time on Dec. 16 as institutional asset managers clamor for the cryptocurrency, according to data from K33 Research.

On Dec. 16, US BTC ETFs collectively broke $129 billion in assets under management (AUM), surpassing US gold ETFs, which held an amount just shy of that figure, according to a Dec. 17 post on the X platform by Vetle Lund, K33 Research’s head of research. 

K33 Research is a digital asset researcher based in Norway.

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FDIC Warns 68 US Banks in Danger of Insolvency As Lenders Face $364,000,000,000 in Unrealized Losses

Arthur Hayes-Backed Ethena Labs Launches New Stablecoin Backed by BlackRock’s BUIDL

Arthur Hayes-Backed Ethena Labs Launches New Stablecoin Backed by BlackRock’s BUIDL

Ethena Labs is announcing the launch of a new US dollar-pegged stablecoin that will be backed by BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL). According to a new announcement from the Arthur Hayes-backed crypto protocol, the new stablecoin, USDtb, will be Ethena’s second stablecoin offering, following the project’s flagship stablecoin USDe. USDtb differs from other […]

The post Arthur Hayes-Backed Ethena Labs Launches New Stablecoin Backed by BlackRock’s BUIDL appeared first on The Daily Hodl.

FDIC Warns 68 US Banks in Danger of Insolvency As Lenders Face $364,000,000,000 in Unrealized Losses

Ethena Labs Launches Stablecoin Backed by Blackrock’s BUIDL Fund 

Ethena Labs Launches Stablecoin Backed by Blackrock’s BUIDL Fund Ethena Labs has introduced USDtb, a stablecoin that’s got the backing of Blackrock’s USD Institutional Digital Liquidity Fund (BUIDL). Ethena Unveils USDtb, a New Stablecoin With Blackrock Support Crafted in collaboration with Securitize, a top dog in real-world asset (RWA) tokenization, USDtb brings cash-backed steadiness and the magic of cross-chain operations to the table. This […]

FDIC Warns 68 US Banks in Danger of Insolvency As Lenders Face $364,000,000,000 in Unrealized Losses

Crypto products record 10th consecutive week of inflows at $3.2B

Crypto ETPs have recorded $20.3 billion of inflows during the past 10 weeks, accounting for 45% of all inflows in 2024.

Cryptocurrency investors have not halted their purchasing spree as Bitcoin set new highs and crypto investment products hit their 10th consecutive week of inflows.

Digital asset investment products saw another $3.2 billion of inflows in the trading week of Dec. 9–13, crypto investment firm CoinShares reported in its latest weekly flows report on Monday, Dec. 16.

This follows a record $3.85 billion in weekly inflows during the previous period, bringing total inflows for 2024 to $44.5 billion.

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FDIC Warns 68 US Banks in Danger of Insolvency As Lenders Face $364,000,000,000 in Unrealized Losses

Trump may use Bitcoin as US reserve asset on ‘day one’ — How high will BTC price go?

Trump's potential executive order making Bitcoin a US reserve asset may drive a $20 billion BTC purchase in 2025.

Donald Trump will likely issue an executive order on his first day in office to designate Bitcoin (BTC) as a United States reserve asset, according to Jack Mallers, CEO and founder of Strike.

In a podcast interview with YouTuber Tim Pool, Mallers explained that the president-elect could rely on provisions within a so-called "Dollar Stabilization Act," which grants him considerable authority to protect the US dollar.

“There’s potential to use a day-one executive order to purchase Bitcoin,” Mallers stated, adding:

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FDIC Warns 68 US Banks in Danger of Insolvency As Lenders Face $364,000,000,000 in Unrealized Losses

Demand for Bitcoin and Ethereum ETFs Seeing Just Tip of the Iceberg, Says BlackRock Executive: Report

Demand for Bitcoin and Ethereum ETFs Seeing Just Tip of the Iceberg, Says BlackRock Executive: Report

Asset management titan BlackRock’s head of exchange-traded funds (ETFs) reportedly says that demand for Bitcoin (BTC) and Ethereum (ETH) ETFs is only just beginning to scratch the surface. According to senior Bloomberg ETF analyst Eric Balchunas, BlackRock executive Jay Jacobs says the asset management titan is now focusing on its BTC and ETH ETFs due […]

The post Demand for Bitcoin and Ethereum ETFs Seeing Just Tip of the Iceberg, Says BlackRock Executive: Report appeared first on The Daily Hodl.

FDIC Warns 68 US Banks in Danger of Insolvency As Lenders Face $364,000,000,000 in Unrealized Losses

Blackrock Compares Bitcoin to ‘Magnificent 7’ Stocks: The Next Big Allocation Play

Blackrock Compares Bitcoin to ‘Magnificent 7’ Stocks: The Next Big Allocation PlayBlackrock has emphasized bitcoin’s growing portfolio significance, recommending a measured allocation strategy akin to mega-cap tech stocks. Bitcoin Meets the ‘Magnificent 7’: Blackrock’s Allocation Recommendation Blackrock Investment Institute (BII), a research division of Blackrock, the world’s largest asset manager, published a report titled “Sizing bitcoin in portfolios” on Thursday. The report examines bitcoin’s distinct characteristics, […]

FDIC Warns 68 US Banks in Danger of Insolvency As Lenders Face $364,000,000,000 in Unrealized Losses

BlackRock says 1-2% a ‘reasonable’ Bitcoin portfolio allocation

The recommendation applies to investors who wish to hold Bitcoin, the asset manager said.

BlackRock, the world’s largest asset manager, said an up to 2% portfolio allocation is “reasonable” for investors who wish to hold Bitcoin (BTC), according to a Dec. 12 report.

The report, which was shared with Cointelegraph and first reported by Bloomberg, says 1-2% is “a reasonable range for a Bitcoin exposure” but cautions that larger allocations “would sharply increase Bitcoin’s share of the overall portfolio risk.”

Meanwhile, a 1-2% BTC allocation poses “on average, about the same share of overall portfolio risk” as a typical allocation to “the ‘magnificent 7’ group of mostly mega-cap tech stocks” in a portfolio comprising 60% stocks and 40% fixed income assets, BlackRock said. 

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FDIC Warns 68 US Banks in Danger of Insolvency As Lenders Face $364,000,000,000 in Unrealized Losses

Financial Giant BlackRock Endorses Up to 2% Bitcoin (BTC) Allocation in Multi-Asset Portfolios: Report

Financial Giant BlackRock Endorses Up to 2% Bitcoin (BTC) Allocation in Multi-Asset Portfolios: Report

Asset management giant BlackRock is reportedly promoting Bitcoin (BTC) as a part of a balanced portfolio. According to a new report by Bloomberg, BlackRock – which has over $10 trillion in assets under its management – released a new research paper saying that a 2% allocation of the top crypto asset by market cap in […]

The post Financial Giant BlackRock Endorses Up to 2% Bitcoin (BTC) Allocation in Multi-Asset Portfolios: Report appeared first on The Daily Hodl.

FDIC Warns 68 US Banks in Danger of Insolvency As Lenders Face $364,000,000,000 in Unrealized Losses