CryptoInvestment

BlackRock’s IBIT has processed more than $5 billion in Bitcoin (CRYPTO:BTC) spot conversions, according to a Bloomberg report cited by BitcoinWorld.

RockawayX is seeking $150 million for a new liquid opportunities fund after acquiring crypto hedge fund Relayer Capital.

SpaceX traded near $138 after JPMorgan kept its $240 price target.

Goldman Sachs kept buy ratings on Coinbase Global and Robinhood Markets as Bitcoin (CRYPTO:BTC) rose 26% in one week.

Bitwise Asset Management launched Automated Token Portfolios using Coinbase's tokenised US stocks for eligible non-US investors.

Tether abandoned its Uruguay Bitcoin (CRYPTO:BTC) mining project after a dispute over electricity supply with state utility UTE.

BitMine Immersion Technologies bought 32,447 Ethereum (CRYPTO:ETH) worth about US$81.2 million last week.

Strive Asset Management bought 1,110 Bitcoin (CRYPTO:BTC) for US$81.5 million between 17 and 21 August.

Arthur Hayes bought 1.9 million Ether.fi (CRYPTO:ETHFI) tokens worth about $1.17 million, according to Lookonchain.

Circle Internet Group shares have fallen about 42% over the past year, according to Artemis data.

A Federal Reserve Bank of Cleveland study found beliefs about crypto returns help explain who owns cryptocurrency.

Zhibao Technology has closed a $154.7 million private placement funded entirely with Bitcoin.