Blackrock

Crypto custodian Prime Trust may be under scrutiny, but the broader digital-asset market appears to be in a recovery phase and is poised for growth in the coming years, observers say. What Happened: Nevada's Department of Business and Industry declared Prime Trust "critically deficient...

Bitcoin (CRYPTO: BTC) continues to make headlines as it reaches new heights, and its latest surge to the $30,000 level has prompted some long-dormant accounts to be reawakened. What Happened:  Two wallets that had a total of 100 BTC, originally mined way back in 2010, have recently been moved...

Bitcoin (CRYPTO: BTC) has surged past the $30,000 threshold in the last 24 hours, marking a return to the “greed buy zone.”  What Happened: This follows the recent moves by investment companies, such as Fidelity, Invesco, Wisdom Tree, Valkyrie, and BlackRock, to apply for spot...

Bob Diamond, former CEO of Barclays on Wednesday said he wasn’t surprised by BlackRock Inc’s (NYSE:BLK)  broader interest in the cryptocurrency market. What Happened:  BlackRock recently filed for a spot Bitcoin (CRYPTO: BTC) exchange-traded fund (ETF), which if approved,...

Floki (CRYPTO: FLOKI) is up 16% in the last 24 hours, outperforming top two meme coins by market capitalization Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) . What Happened:  This rise in value appears to be due to a strong bounce back in the cryptocurrency market, largely driven by...

Bitcoin (CRYPTO: BTC) is hovering around the $29,000 mark on Wednesday, fueled by the rise in investors’ optimism following the announcement of crypto initiatives by several financial services institutions. What Happened: A closer look at a technical analysis methodology called the Wyckoff...

Major cryptocurrencies spurted briefly late on Monday evening buoyed by market optimism surrounding BlackRock’s (NYSE:BLK) bid for a Bitcoin-based exchange-traded fund. Cryptocurrency Gains +/- Price (Recorded 9:30 p.m. EST) Bitcoin (CRYPTO: BTC) +1.75% $26,900 Ethereum (CRYPTO: ETH...

On Friday, April 14, four of the largest financial institutions in the U.S. with a combined market cap of more than $700 billion will announce their first-quarter results: JPMorgan Chase & Co. (NYSE: JPM), Wells Fargo & Co (NYSE: WFC), BlackRock Inc (NYSE: BLK), and Citigroup...

The Fed is not likely to cut interest rates, despite what markets may be anticipating, according to BlackRock Inc. (NYSE: BLK). In a Bloomberg interview on Tuesday, Wei Li, chief investment strategist at BlackRock, said that “the economy is resilient and a recession will be pushed out later...

UBS Group AG (NYSE: UBS) is exploring options to take over all or part of Credit Suisse Group AG (NYSE: CS) but has asked the Swiss government's support to cover future risks if it were to buy the bank, according to Bloomberg.  The publication reported that UBS has...

The Federal Reserve and the Biden Administration on Sunday took decisive action to safeguard the country's banking system by providing additional funding to eligible depository institutions to help them meet the needs of all their depositors, amid the shutter of multiple regional banks....

Asset management company BlackRock Inc.'s (NYSE: BLK) CEO Larry Fink asserted that FTX's collapse was caused by the creation of its own centralized (CRYPTO: FTT) token, which went against the "whole foundation of what crypto is." The $8 billion investment firm...

BlackRock (NYSE: BLK) came out with quarterly earnings of $9.55 per share, beating the Zacks Consensus Estimate of $7.70 per share. This compares to earnings of $10.95 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of...

Months after introducing a cryptocurrency exchange-traded fund that has so far failed to attract investors, BlackRock Inc (NYSE: BLK), one of the largest exchange-traded fund issuers in the world has filed for a new metaverse product. According to a filing on Thursday, BlackRock plans to...

American Campus Communities Inc. (NYSE: ACC), a publicly traded REIT that focuses on student housing, has recently been purchased by Blackrock, who wants to make it private. With current market conditions, some real estate investment trusts (REITs) have seen losses and are undervalued. For example...