BlackRock transferred 20,359 BTC worth $1.22 billion to Coinbase Prime within four days as part of routine operations for its iShares Bitcoin Trust (IBIT) spot Bitcoin ETF. These moves are normal for managing the ETF's liquidity, custody, and trading needs, not a sell-off. The transfers highlight ongoing strong demand for IBIT and reflect a stable crypto market structure that absorbs large transactions without price disruption. This steady activity signals BlackRock's continued commitment to its crypto operations.
REITs experienced a slight decline of 0.49% in July, breaking a three-month winning streak. Mid-cap and large-cap REITs performed well with gains of 2.12% and 1.48%, respectively, while small-cap and micro-cap REITs fell by 0.81% and 9.49%. Property ...
South Korea's largest crypto exchange, Upbit, announced new listings for four altcoins: Biconomy (BICO), Bubblemaps (BMT), Nillion (NIL), and ETHGas (GWEI), with trading starting August 21 at 1 p.m. KST. Following the announcement, all four tokens sa...
Charter Communications announced the completion of its private exchange offers for certain outstanding notes, exchanging $2.75 billion of Pool 1 Notes for new Senior Secured Notes due 2038 and $2.75 billion of Pool 2 Notes for new Senior Secured Note...
Ethena (ENA) surged 27.3% to $0.1211, leading the market gainers as decentralized finance (DeFi) platforms gain traction. The rise highlights growing investor interest in innovative DeFi projects offering synthetic assets. Other notable movers includ...
ARN Media reported stabilization of its core radio business and plans to achieve $55 million in cost savings by the end of 2027. Despite strong audience performance, its metro radio revenue share remains below expectations due to brand safety issues ...
