Trump Won’t Buy Bitcoin Until It Hits $60,000, Claims Bitwise Exec
Jeff Park, Head of Alpha Strategies at Bitwise, asserted on Sunday, March 9, that US President Donald Trump will hold off on further Bitcoin purchases until it reaches a price close to $60,000. Park’s remarks, shared via his official account on X, were made against the backdrop of growing speculation around so-called “budget-neutral” methods the […]
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Crypto asset management firm Bitwise announced the launch of the ‘Bitwise Crypto Industry Innovators ETF’, the first listed ETF in the US with ‘crypto’ in it’s name. Bitwise has over $1.5B in assets under management. The Bitwise ETF The Bitwise ETF will be listed on the New York Stock Exchange under the ticker BITQ. The […]
Former US President Donald Trump claims that he dislikes bitcoin because it is a competitor to the dollar, which he wants to be the world’s currency and urged US regulators to take action to monitor it. Trump Thinks Bitcoin Is A Scam Trump was asked about his opinion on cryptocurrency and the US stock market […]
According to two anonymous sources, U.S. President Donald Trump is considering clemency for Ross Ulbricht. White House reporters Asawin Suebsaeng and Adam Rawnsley claim sources detailed that Trump “has expressed sympathy” for Ross Ulbricht and his double life sentences. Ross Ulbricht may get clemency from the sitting U.S. President Donald Trump if the American leader is swayed by the Silk Road founder’s story. Ulbricht is known for creating the darknet market website Silk Road and he was arrested in 2013. After his arrest, in May 2015, Ulbricht was sentenced to a double....
Bitwise's CIO explained why the firm has decided to drop its Bitcoin futures ETF and focus on the spot Bitcoin ETF. Bitwise Asset Management has withdrawn its application for a Bitcoin (BTC) futures-based exchange-traded fund (ETF) amid a number of such products launching in the United States.While dropping its futures-linked ETF, the firm is still bullish on a spot Bitcoin ETF, which is designed to track Bitcoin directly, Bitwise chief investment officer Matt Hougan announced on Nov. 10.Hougan said that Bitwise’s spot filing remains intact and the firm will continue its efforts to launch....
An executive of Standard Chartered, Geoffrey Kendrick, has drawn attention in recent days in finance circles with an extremely vivid declaration that Bitcoin may reach $200,000 at the end of 2025. Related Reading: Cardano Founder Warns Trump DeFi Venture Could Politicize Crypto Landscape This time, against a backdrop of increased interest in cryptocurrencies and increasing […]