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BlackRock demands 12-hour BTC withdrawals from Coinbase
Investor Concerns Drive BlackRock’s Demand for Faster Coinbase Withdrawals
BlackRock has amended its agreement with Coinbase, requiring Bitcoin withdrawals to be processed within 12 hours for transparency.
BlackRock demands 12-hour BTC withdrawals from Coinbase amid rising rumors of paper BTC
BlackRock has put forward an amendment for its BTC ETF fund because of concerns of investors about the on-chain settlement practices of Coinbase. The amendment involves the requirement to withdraw BTC within 12 hours from Coinbase.
BlackRock Bitcoin ETF demands 12-hour BTC withdrawals from Coinbase
The world’s largest asset manager has filed for an amendment for its Bitcoin exchange-traded fund (ETF) following widespread investor concerns over Coinbase’s onchain settlement practices. BlackRock has filed an amendment to require Bitcoin (BTC) withdrawals within 12 hours from the ETF’s custodian,
BlackRock Bitcoin ETF Options to Set Stage for GameStop-Like 'Gamma Squeeze' Rally, Bitwise Predicts
Last week, the U.S. Securities and Exchange Commission's (SEC) approved the list of of physically settled options tied to BlackRock's spot Bitcoin ETF, the iShares Bitcoin Trust (IBIT).
A ‘Huge’ BlackRock Bitcoin ETF Price ‘Surprise’ Is Suddenly About To Hit
The world's largest asset manager BlackRock has warned "growing concerns" around the spiraling $35 trillion U.S. debt pile that's predicted to drive "institutional interest in
Crypto News Flash
8d
Is Coinbase Giving IOUs to BlackRock and Suppressing the BTC Price? Shocking Report
There is no real evidence supporting claims that Coinbase facilitated market manipulation with BlackRock. Rumors have ...
The Tech Report
4d
Tron Founder Condemns Lack of Proof-of-Reserve From Coinbase Amid BlackRock Controversy
Tron Founder Justin Sun has stressed the need for Coinbase to adopt a Proof-of-Reserve (PoR) for better transparency.
FXStreet
10h
Crypto Today: Ethereum outperforms Bitcoin and XRP as BlackRock files to reduce Bitcoin ETF withdrawal time
The amended filing required its custodian,
Coinbase
, to process BTC withdrawals to a public blockchain address within 12 ...
Crypto Briefing
13h
NewsBriefs - Chinese mining pools still control 55% of Bitcoin hashrate despite ban
Chinese Bitcoin mining pools operate 55% of the network, while US pools manage 40%, despite China's 2021 crypto ban. US pools ...
cryptonews
7d
HODLers, Not ETFs, Responsible for Bitcoin Price Drops: Analyst Debunks Coinbase Rumour
Coinbase faces allgations over Bitcoin price drop, but analyst said selling is from long-term holders rather than ...
5d
Coinbase Is The New Payment King
Coinbase faces significant volatility and regulatory challenges, with potential impacts from the upcoming election. Read why ...
AMBCrypto
7d
Coinbase CEO refutes claims of selling ‘paper Bitcoin’ to BlackRock
In a rejoinder, Coinbase founder Brian Armstrong defended the firm on the two claims. Regarding the BlackRock allegations, he stated that Deloitte audits the firm annually, and it can’t share clients’ ...
Crypto News Flash
6d
BlackRock Warns Fed Rate Cuts Won’t Be as Deep as Expected
BlackRock expects the Federal Reserve to take a more moderate approach to rate cuts, while Coinbase denies issuing Bitcoin ...
InvestorsHub on MSN
13h
Cryptocurrency Correlation With S&P 500 Rises; Riot Ends Bitfarms Acquisition; BlackRock Alters IBIT
Correlation between cryptocurrencies and the S&P 500 increases The correlation between cryptocurrencies and the S&P 500 ...
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