Texas Allocates $5M into BlackRock’s $BTC ETF as Bitcoin Hyper Raises Over $2...
Quick Facts: ➡️ Texas allocating $5M into a BlackRock Bitcoin ETF during a dip shows a growing state-level conviction in Bitcoin’s long-term upside. ➡️ Broader adoption of spot Bitcoin ETFs by institutions reinforces $BTC as macro collateral, even as on-chain scalability and programmability remain unresolved bottlenecks. ➡️ Bitcoin Hyper aims to address these with an […]
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Quick Facts: ➡️ Bitcoin slid below $104K today, liquidating $1.17B worth of long positions after the market failed to regain the $113K resistance level. ➡️ For opportunists, the current downturn is the ideal time to grab coins at a discount. Among these is Bitcoin Hyper, whose presale has already raised over $25.7M. ➡️ Bitcoin Hyper […]
Quick Facts: 1️⃣ Bitcoin, while secure and decentralized, struggles with slow transaction speeds and high fees, limiting its use for everyday transactions. 2️⃣ Bitcoin Hyper ($HYPER) is a new Layer-2 network that aims to solve Bitcoin’s problems by providing a high-speed layer on top of Bitcoin. 3️⃣ By using a Canonical Bridge to wrap Bitcoin […]
The Bitcoin Hyper ($HYPER) presale continues to heat up, with whales buying $64K worth of $HYPER tokens over the past weekend. This saw the project raise over $16M on its ongoing fundraiser. As a Layer 2 project, Bitcoin Hyper ($HYPER) has the potential to transform the Bitcoin ecosystem and make transactions faster and cheaper, while […]
The possibility of a Bitcoin spot Exchange Traded Fund (ETF) launching in the US, which has gained much attention over the past months, has again made headlines due to Bloomberg ETF analyst Eric Balchunas’s recent suggestions. According to the analyst, should the US Securities and Exchange Commission (SEC) approve BlackRock’s Bitcoin spot ETF, a vast pool of $30 trillion capital overseen by US financial advisors could be directed toward Bitcoin investments. Notably, Balchunas clarified that while the approval of a BTC spot ETF could serve as an accessible pathway for the $30....
Crypto exchange Binance has announced that BlackRock’s tokenized fund, BUIDL, will now be accepted as collateral on the platform. This comes as the tokenized fund expands to the BNB chain, a move welcomed by the exchange’s former CEO, Changpeng Zhao. What The Binance Partnership With BlackRock’s BUIDL Means Binance has partnered with BlackRock’s BUIDL to […]