US-Based Crypto Exchange Kraken Continues Expansion by Pushing Into Traditional Stock Offerings: Report

September 28, 2023 The Daily Hodl

Bloomberg

US-based crypto exchange Kraken is reportedly adding to its suite of products with the addition of traditional stock offerings. According to a new report by Bloomberg Law, sources familiar with the matter say that Kraken is planning on offering US-traded stocks and exchange-traded funds (ETFs) to its customers. This marks the first time that Kraken […]

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Fidelity and Ark Lead the Way as Bitcoin ETFs Surge

Bitcoin Censorship? BlackRock and Big Institutions Could Take Over BTC Mining Ecosystem, Warns Bloomberg Analyst

September 26, 2023 The Daily Hodl

Bitcoin

Bloomberg crypto market analyst Jamie Coutts says that Bitcoin (BTC) may be at risk of being taken over by the powerhouses of the legacy financial system. Addressing his followers on social media platform X, Coutts shares data showing that BlackRock, the world’s largest asset manager, began getting proxy exposure to Bitcoin in 2020 via shares […]

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Fidelity and Ark Lead the Way as Bitcoin ETFs Surge

Bloomberg Crypto Analyst Says Bitcoin (BTC) at Historic Highs in Two On-Chain Metrics Amid Bear Market

September 25, 2023 The Daily Hodl

Bitcoin

Jamie Coutts, a crypto market analyst at Bloomberg Intelligence, says that Bitcoin is flashing historic strength in two on-chain metrics while BTC remains at relatively low prices. Addressing his followers on the social media platform X, Coutts gives an update on Bitcoin’s on-chain activity. Coutts says that the number of HODLers, or BTC holders who […]

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Fidelity and Ark Lead the Way as Bitcoin ETFs Surge

Distressed Debt Investors Pounce on $250,000,000 Worth of Bankrupt Crypto Exchange FTX’s Claims: Report

September 23, 2023 The Daily Hodl

Distressed Debt Investors Pounce on 0,000,000 Worth of Bankrupt Crypto Exchange FTX’s Claims: Report

Bankruptcy

Distressed debt investors are reportedly gobbling up hundreds of millions of dollars worth of bankrupt crypto exchange FTX’s claims. According to a new Bloomberg report, an analysis of their records indicates that investment firms such as Silver Point Capital, Diameter Capital Partners, Attestor Capital, Hudson Bay Capital Management and others have bought $250 million worth […]

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Fidelity and Ark Lead the Way as Bitcoin ETFs Surge

Stanford University Says It Will Return All of Sam Bankman-Fried’s Donations: Bloomberg

September 20, 2023 The Daily Hodl

Bloomberg

Stanford University will reportedly return millions of dollars worth of gifts it received from bankrupt crypto exchange platform FTX. According to a new report by Bloomberg, a spokesperson for Stanford says that the California university will be returning the donated money in its entirety so those affected by the downfall of FTX can recover their […]

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Fidelity and Ark Lead the Way as Bitcoin ETFs Surge

Bloomberg Analyst Reveals Under-the-Radar Bitcoin Achievement That Few Industries Can Claim

September 20, 2023 The Daily Hodl

Bitcoin

Bloomberg Intelligence’s crypto market analyst Jamie Coutts says that Bitcoin (BTC) is pulling off one major achievement that is flying under the radar. Coutts says on the social media platform X that at the same rate that Bitcoin adoption is increasing, its network’s carbon emissions are declining, a rare phenomenon. “And this is where the […]

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Fidelity and Ark Lead the Way as Bitcoin ETFs Surge

Ominous Indicator Suggests US Economy Heading Toward Severe Recession: Bloomberg Analyst

September 11, 2023 The Daily Hodl

Bloomberg

Bloomberg analyst Mike McGlone says there are hints that a severe contraction of the American economy is approaching. The commodities expert says on the social media platform X that data is showing a dramatic plunge in home sales amid rising interest rates, a situation similar to the 2008 financial crisis. McGlone’s chart shows that the […]

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Fidelity and Ark Lead the Way as Bitcoin ETFs Surge

U.S. SEC Punts on Bitcoin (BTC) Spot Exchange-Traded Fund Approvals, Delays Decisions Until October

September 2, 2023 The Daily Hodl

Bitcoin

The U.S. Securities and Exchange Commission (SEC) is delaying its decision on the approval of spot-based Bitcoin (BTC) exchange-traded funds (ETFs) until October. In new filings, the regulatory agency announces that it will be pushing back its decision to approve or deny numerous bids to create BTC ETFs, including those of financial firms Invesco, WisdomTree […]

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Fidelity and Ark Lead the Way as Bitcoin ETFs Surge

Bloomberg Analyst Says 2024 Will Be Massive Year With One Catalyst To Spark Billions in Inflows to Crypto

August 31, 2023 The Daily Hodl

Bitcoin

A crypto market analyst at Bloomberg Intelligence thinks the upcoming year could be huge for digital assets. Jamie Coutts says on the social media platform X that the US currently accounts for 80% of total Bitcoin (BTC) fund assets despite the U.S. Securities and Exchange Commission’s (SEC) stance on crypto. He notes that digital asset […]

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Fidelity and Ark Lead the Way as Bitcoin ETFs Surge

Bloomberg Experts Say There’s a 75% Chance of Bitcoin ETF Launch This Year, ‘Done Deal’ for 2024

August 30, 2023 The Daily Hodl

Bitcoin

Bloomberg analysts say it’s highly likely a Bitcoin (BTC) exchange-traded fund (ETF) will launch by the end of the year, and a near-guarantee by the end of 2024. According to Bloomberg ETF experts James Seyffart and Eric Balchunas, there’s a 75% chance that a spot market BTC ETF will launch by the end of 2023 […]

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Bloomberg

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