Robert Kiyosaki predicts bitcoin will hit $ 350K in 2025, slamming Blackrock for suppressing BTC prices and urging investors to buy before institutional whales take over. Robert Kiyosaki Slams Blackrock – Doubles Down on $ 350K Bitcoin Price Target Rich Dad Poor Dad author Robert Kiyosaki reaffirmed his stance on bitcoin, the U.S. …
Frax Finance Eyes Blackrock’s BUIDL Token as Next-Gen Reserve Asset
Frax Finance, the issuer of the stablecoin frax usd (FRAX), which currently holds the ninth spot among fiat-pegged tokens by market capitalization, is weighing the addition of Blackrock’s BUIDL token as a reserve backing asset. A governance vote, scheduled to wrap up on Dec. 31, 2024, will decide the proposal’s fate. FIP-418: Frax Finance Weighs […]
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 […]
Blackrock’s Bitcoin Fund Tops 500,000 BTC as US ETFs Draw $353M in Inflows
On Monday, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) attracted $ 353.67 million in inflows, with Blackrock’s IBIT taking the top spot. IBIT now boasts over 500,000 BTC, valued at $ 47.68 billion based on current exchange rates. Wall Street’s Bitcoin Bonanza: Blackrock Leads $ 353M ETF Influx The inflows to …
Nigeria’s Oil-for-Naira Program, Blackrock’s New Stablecoin, and More — Week in Review
Nigeria introduced an “oil-for-naira” program by selling crude oil to Aliko Dangote’s refinery in a bid to stabilize the weakening local currency. Blackrock announced its support for UStb, a new stablecoin from Ethena Labs. The SEC has formally appealed a court ruling in its case against Ripple Labs, citing significant legal errors. Coinbase is optimistic […]