Tag Archives: Bitcoin

Financial markets faced renewed turbulence on Friday, July 11, following former President Donald Trump’s aggressive trade rhetoric, including proposed new tariffs on key U.S. trading partners. The Dow Jones Industrial Average bore the brunt of the pressure, while cryptocurrency markets defied the trend with sharp gains, led by Bitcoin and a wave of altcoins. Dow Dips, Tech Stays Steady, Crypto …

  A group of Chinese creditors is challenging FTX’s latest bankruptcy motion, which seeks to restrict fund distributions to users in certain jurisdictions where cryptocurrency regulations are ambiguous or prohibitive. The legal dispute centers on the bankrupt crypto exchange’s proposed exclusion of users in 49 countries—including China, Russia, North Korea, and Morocco—from its payout plan, citing potential regulatory risks. Key …

BlackRock has significantly expanded its Bitcoin holdings, acquiring approximately $3.85 billion worth of the cryptocurrency in June 2025. This accumulation occurred through multiple transactions, including a notable $1.4 billion purchase executed over six consecutive days. These acquisitions have bolstered the firm’s total Bitcoin assets to over $75 billion, positioning BlackRock as a leading institutional holder of the digital currency. The …