BlackRock

Microsoft has made a firm stance to say NO to Bitcoin, stating that this aligns better with the company's long term interest.

Larry Fink declares bitcoin a legitimate asset class, rivaling gold. He emphasises market growth driven by acceptance and transparency, anticipating further advancements in digital assets and blockchain technology.

Bitcoin fell back from its high of $64,741 at the beginning of the week to around $63,000. Market analysis pointed out that BlackRock's new withdrawal policy has triggered panic among traders.

BlackRock's Bitcoin ETF gains attention for using Coinbase to verify reserves, while Coinbase's cbBTC token raises concerns over asset compensation policies.

The U.S. Securities and Exchange Commission (SEC) has approved the listing and trading of options on BlackRock’s Bitcoin Spot ETF, giving institutional investors more diversified tools and exposure to Bitcoin, which is gradually gaining recognition in mainstream financial markets.

At TOKEN2049 Singapore, Binance CEO Richard Teng discussed leading the company after founder CZ's imprisonment. Despite challenges, he expressed confidence in Binance's future, emphasizing its strong global team and community. Teng highlighted the importance of regulatory compliance as a competitive edge, particularly amidst evolving regulations and growing institutional adoption, such as ETFs.

BlackRock is launching the iShares Ethereum Trust (ETHA39) on Brazil’s B3 Exchange, waiving the management fee for the first year to attract investors, following the success of its Bitcoin ETF.

The U.S.-based stock exchange has submitted an application to launch a Bitcoin fund-based options offering, following in the footsteps of BlackRock.

The FBI's cryptic response about the Bitcoin creator suggested he might be a 3rd party individual. The bureau’s ambiguous replies prompts speculation: does the FBI know Nakamoto’s true identity, or will the mystery persist?

BlackRock is strategically positioning itself in the crypto market, with possible plans for a new L2 network and continued focus on Bitcoin and Ethereum.