Crypto News Center

$11.5 Trillion BlackRock Recommends A 2% Bitcoin Allocation Comparing It To The Mag 7

BlackRock has been a big bitcoin ambassador to traditional finance (Photo by Andrew Burton/Getty Images) Getty Images With bitcoin crossing the $100,000 mark, the largest money manager on the planet, New York City-based BlackRock appears to be falling down a crypto rabbit hole. In a new release from Blackrock Investment Institute called “Sizing Bitcoin In Portfolios” its analysts are making the case that the cryptocurrency, long shunned by mainstream investors,...

What Is Next for Ripple’s XRP? Whale Activity and Stablecoin Approval Boost Optimism

FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech,...

FTX sets January 3, 2025, as effective date for initial distributions to creditors

BitGo and Kraken will handle the distribution of funds to FTX customers as part of the bankruptcy reorganization plan. Key Takeaways FTX will begin creditor distributions on January 3, 2025, following court approval. 98% of creditors under FTX's plan will receive at least 118% of their claim value. FTX is set to initiate creditor distributions on January 3, 2025, after receiving court approval for its Chapter 11 reorganization plan, according...