Category: Crypto News

The first Bitcoin exchange-traded fund in North America is launching with a bang. On day one, investors exchanged $165 million worth of shares of the Purpose Bitcoin ETF after its debut on the Toronto Stock Exchange on Thursday, according to data from Bloomberg. ETFs are regulatory-compliant investment vehicles available to both retail traders and institutions.

Microsoft co-founder and billionaire entrepreneur Bill Gates is changing his tune on Bitcoin. In a new interview, Gates tells CNBC’s Squawkbox that he is no longer bearish on Bitcoin, and now has a firmly neutral attitude towards the flagship cryptocurrency. “I don’t own Bitcoin. I’m not short Bitcoin, so I’ve taken a neutral view. I

Macroeconomics guru Raoul Pal says Bitcoin is providing investors with the best chance of escaping a cycle of economic despair. The founder and CEO of Real Vision Finance says many in the middle class and the younger generation has found themselves frustrated and trapped in a low-income loop without the ability to break out. Pal

St. Louis Federal Reserve president James Bullard is dismissing the notion that Bitcoin could be a threat to the US dollar’s global supremacy. In a new CNBC interview, Bullard says that, as far as the Federal Reserve is concerned, the US dollar will remain dominant for the foreseeable future. “I just think for Fed policy,

Investment management giant BlackRock is the latest major financial player to venture into the Bitcoin market. In a new interview on CNBC’s Squawkbox, BlackRock CIO of global fixed income Rick Rieder confirms that the world’s largest asset manager with $8.67 trillion assets under management is buying BTC, though he won’t reveal how large the allocation