BlackRock

The US SEC approved the Bitcoin (BTC) Spot Exchange Trust Fund in January. 24 hours later, BlackRock launched IBIT ETF and subsequently crossed $10 billion in less than two months. Savvy investors are betting on BTC Spot ETFs for massive ROI and are also focused on a new crypto token called Borroe Finance ($ROE). Keep reading to see expert forecasts and opinions on these tokens.   >>BUY $ROE TOKENS NOW<< Borroe Finance: Decentralizing Web3 Fundraising Through AI As a new web3 business, one of the…

The hunt for the next breakout star intensifies with the global cryptocurrency market exceeding $2 trillion in value. Ever vigilant in navigating the volatile and dynamic landscape, investors have recently set their sights on three contenders: Scorpion Casino (SCORP), XRP, and Bonk (BONK). While each possesses distinct characteristics, the critical question for any investor remains: which token holds the key to unlocking sustained returns and meaningful real-world utility? This data-driven analysis delves…

Bitcoin is riding high.The world's largest cryptocurrency has leapt 22% this year to $52,005, pushing it past a market value of $1 trillion mark for the first time since its record heyday of late 2021.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteMITMIT Technology Leadership and InnovationVisitIIM KozhikodeIIMK Advanced Data Science For ManagersVisitIndian School of BusinessISB Product ManagementVisitIts resurgence has electrified the broader cryptocurrency market, including ether…

Cryptocurrency cleaned up its act this week as spot Bitcoin ETFs made their Wall Street debut in January. The digital tokens are looking almost unrecognizable from what the industry represented just a few years ago, leading to the question, is Bitcoin still crypto?Why Should Crypto Currencies be Called Securities? | Gizmodo InterviewThe “decentralized” part of cryptocurrency is up for interpretation these days. Ever since the Security and Exchange Commission’s approval of spot Bitcoin ETFs on Jan. 1o, cryptocurrency looks…

Byju's proposed rights issue at a steep 99% cut to its peak valuation of $22 billion is likely to reset the captable at the financially-beleaguered edtech firm.Depending on the final set of investors subscribing to the share sale, Byju’s founder Byju Raveendran may also end up owning more in the firm if he manages to arrange capital for the financing.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIT DelhiIITD Certificate Programme in Data Science & Machine LearningVisitIndian…

Byju’s, once valued at $22 billion, is willing to cut its valuation to below $2 billion as it hunts for new funding, a person familiar with the matter told TechCrunch. The Bengaluru-headquartered startup, once India’s most valuable, is looking to raise $100 million to $300 million in new funding via a rights issue and the edtech group’s chief executive and co-founder Byju Raveendran has agreed to step down from the top role in the interest of improved governance after the new funding, according…

The Securities and Exchange Commission (SEC) approved nearly a dozen exchange-traded funds (ETFs) holding bitcoin on Wednesday, the first time the agency has permitted the trading of funds directly invested in a cryptocurrency. The SEC approved 11 spot bitcoin ETFs from several major companies, including BlackRock, Fidelity and Grayscale Investments, as it faced down a deadline to rule on at least one of the applications. “I feel the most sustainable path forward is to approve the listing and trading of…

Happy Friday! Beleaguered edtech company Byju’s valuation has been slashed again – this time to $1 billion – by BlackRock, the world’s largest asset manager. This and more in today’s ETtech Top 5.Also in this letter:■ More RMG games to be allowed on Google Play Store■ Scapia cuts credit limit for users■ ETtech Deals DigestBlackRock slashes Byju's valuation by 95% to $1 billion BlackRock has slashed the implied valuation of struggling edtech firm Byju’s to about $1 billion, down more than 95% from…

BlackRock Inc., the world’s largest asset manager, said Friday it has struck a deal to buy Global Infrastructure Partners (GIP), where the Nigerian lawyer and investment banker, Adebayo Ogunlesi, is the chairman and CEO. The deal is said to be worth $12.5 billion. The transaction will involve a combination of cash and equity, with BlackRock paying $3 billion in cash and roughly 12 million shares, valued at $9.5 billion at the close of trade on Thursday. Among the terms of the deal, which is expected to reach…

After a year of right sizing, employers are looking in the mirror and concluding there is still fat to lose. Companies including Amazon, Xerox, Google and BlackRock this month have announced plans to trim their workforces. Some of the companies now cutting jobs conducted larger-scale layoffs over the past year or so. Since then, inflation has come down along with expectations for a recession, which most economists anticipated as recently as the middle of last year. Copyright ©2024Dow Jones & Company, Inc. All Rights…