By admin BlackRock made a major move on June 5th, acquiring 2,704 Bitcoin (worth $283.9 million) and 28,239 Ethereum (valued at $73.2 million), totaling $357 million in crypto purchases. This investment comes as BlackRock’s assets under management reach $11.5 trillion, highlighting its growing commitment to digital assets. The Ethereum purchase closely follows the SEC’s approval […]
Tag: SEC
By Marco Piccolo Trump Media & Technology Group (DJT), the parent company of the Truth Social platform, has taken a significant step toward entering the cryptocurrency investment space with the filing of a spot Bitcoin ETF named the Truth Social Bitcoin ETF. Dual filings set the ETF process in motion The fund, sponsored by crypto […]
By Emir Abyazov It’s not often that the U.S. Securities and Exchange Commission (SEC) announces a straightforward victory in the crypto courts these days, but June 3 delivered that. Securities and Exchange Commission v. Crews. case. Source: pacermonitor In a case that reads like a cautionary tale for both investors and scammers, a federal court […]