BlackRock’s Bitcoin ETF Nears $100 Billion and Profitability

BlackRock’s Bitcoin ETF Nears $100 Billion and Profitability

The iShares Bitcoin Trust (IBIT), a Bitcoin ETF managed by BlackRock, has already become the most profitable exchange-traded fund in the company, generating over $244 million in yearly revenue.  The fund is nearing the $100 billion threshold, with assets under management, making it one of the fastest-growing ETFs in the industry’s history, less than two…

A Comparison of Market Momentum and Utility

A Comparison of Market Momentum and Utility

The cryptocurrency market in 2025 presents a contrast between established, community-driven tokens and newer projects focused on functional utility. Dogecoin (DOGE), a long-standing asset, continues to demonstrate market resilience, largely sustained by its cultural momentum and dedicated community. However, its significant market capitalization naturally limits its potential for exponential percentage gains. In contrast, Ozak AI ($OZ), an emerging project…

Bitcoin Worth Half of Gold by 2028 Halving: Analyst

Bitcoin Worth Half of Gold by 2028 Halving: Analyst

Bitcoin could be worth half as much as gold by its next halving, slated for 2028, and the recent rise in gold prices would price the cryptocurrency at $644,000 in “equivalent value,” analysts say. “We’ve been saying Bitcoin should reach half of gold’s market cap after the next halving,” Matthew Sigel, head of digital asset…

India to Introduce RBI-Backed Digital Currency For Faster Transactions: Report

India to Introduce RBI-Backed Digital Currency For Faster Transactions: Report

India will soon launch its own digital currency backed by the Reserve Bank of India (RBI) for seamless transactions, Union Minister of Commerce and Industry Piyush Goyal said during a roundtable in Doha, Qatar. “India has also announced that we’ll be coming out with a digital currency which will be backed by the Reserve Bank…

Warren Buffett makes a play to acquire OxyChem

Warren Buffett makes a play to acquire OxyChem

Warren Buffett is making a play for Berkshire Hathaway’s biggest deal since 2022. As previously reported by Cryptopolitan, the company has agreed a deal with Occidental Petroleum to purchase its chemical unit OxyChem for around $9.7 billion in cash. This would be the latest high‑stakes transaction carried out by Warren Buffett as he moves closer…

USDT Gives Venezuela A Lifeline In Tackling Hyperinflation

USDT Gives Venezuela A Lifeline In Tackling Hyperinflation

USDT stablecoin adoption rose significantly in Venezuela due to persistent hyperinflation. Over half of transactions under $10,000 in the country were settled in Tether’s flagship digital asset. Venezuela is experiencing an unprecedented adoption of stablecoins as it grapples with hyperinflation. Tether’s USDT emerges as the big winner in the country’s shifting monetary landscape and rocky…