The Securities and Exchange Commission (SEC) is on the verge of a transformative decision<\/a> that could pave the way for the approval of spot Bitcoin ETF in the United States.<\/p>\n\n\n\n Recent discussions between investment management firms, stock exchanges, and the SEC involve refining crucial S-1 prospectus documents integral for ETF approval. Notably, some asset managers intend to update their filings, disclosing specific details regarding fees and market-maker identities ahead of Monday's deadline.<\/p>\n\n\n\n The SEC's recent formal requests have included calls for aspiring ETF launchers to seek an accelerated effective date. Bloomberg's report indicates the possibility of an SEC commissioner vote on the 19b-4 rule changes, potentially scheduled for Wednesday.<\/p>\n","post_title":"BlackRock Plans 3% Job Cuts Amidst Bitcoin ETF Anticipation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"blackrock-plans-3-job-cuts-amidst-bitcoin-etf-anticipation","to_ping":"","pinged":"","post_modified":"2024-01-08 02:16:32","post_modified_gmt":"2024-01-07 15:16:32","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14916","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
While facing setbacks in the US, ESG remains a significant force for BlackRock's international clientele, especially in Europe and the Middle East. Simultaneously, the firm eagerly anticipates SEC approval for its spot Bitcoin exchange-traded fund (ETF), a groundbreaking step in crypto investments.<\/p>\n\n\n\n The Securities and Exchange Commission (SEC) is on the verge of a transformative decision<\/a> that could pave the way for the approval of spot Bitcoin ETF in the United States.<\/p>\n\n\n\n Recent discussions between investment management firms, stock exchanges, and the SEC involve refining crucial S-1 prospectus documents integral for ETF approval. Notably, some asset managers intend to update their filings, disclosing specific details regarding fees and market-maker identities ahead of Monday's deadline.<\/p>\n\n\n\n The SEC's recent formal requests have included calls for aspiring ETF launchers to seek an accelerated effective date. Bloomberg's report indicates the possibility of an SEC commissioner vote on the 19b-4 rule changes, potentially scheduled for Wednesday.<\/p>\n","post_title":"BlackRock Plans 3% Job Cuts Amidst Bitcoin ETF Anticipation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"blackrock-plans-3-job-cuts-amidst-bitcoin-etf-anticipation","to_ping":"","pinged":"","post_modified":"2024-01-08 02:16:32","post_modified_gmt":"2024-01-07 15:16:32","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14916","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
While facing setbacks in the US, ESG remains a significant force for BlackRock's international clientele, especially in Europe and the Middle East. Simultaneously, the firm eagerly anticipates SEC approval for its spot Bitcoin exchange-traded fund (ETF), a groundbreaking step in crypto investments.<\/p>\n\n\n\n The Securities and Exchange Commission (SEC) is on the verge of a transformative decision<\/a> that could pave the way for the approval of spot Bitcoin ETF in the United States.<\/p>\n\n\n\n Recent discussions between investment management firms, stock exchanges, and the SEC involve refining crucial S-1 prospectus documents integral for ETF approval. Notably, some asset managers intend to update their filings, disclosing specific details regarding fees and market-maker identities ahead of Monday's deadline.<\/p>\n\n\n\n The SEC's recent formal requests have included calls for aspiring ETF launchers to seek an accelerated effective date. Bloomberg's report indicates the possibility of an SEC commissioner vote on the 19b-4 rule changes, potentially scheduled for Wednesday.<\/p>\n","post_title":"BlackRock Plans 3% Job Cuts Amidst Bitcoin ETF Anticipation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"blackrock-plans-3-job-cuts-amidst-bitcoin-etf-anticipation","to_ping":"","pinged":"","post_modified":"2024-01-08 02:16:32","post_modified_gmt":"2024-01-07 15:16:32","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14916","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
See Related:<\/strong> BlackRock Bitcoin ETF's Outline Market Manipulation Control<\/a><\/p>\n\n\n\n While facing setbacks in the US, ESG remains a significant force for BlackRock's international clientele, especially in Europe and the Middle East. Simultaneously, the firm eagerly anticipates SEC approval for its spot Bitcoin exchange-traded fund (ETF), a groundbreaking step in crypto investments.<\/p>\n\n\n\n The Securities and Exchange Commission (SEC) is on the verge of a transformative decision<\/a> that could pave the way for the approval of spot Bitcoin ETF in the United States.<\/p>\n\n\n\n Recent discussions between investment management firms, stock exchanges, and the SEC involve refining crucial S-1 prospectus documents integral for ETF approval. Notably, some asset managers intend to update their filings, disclosing specific details regarding fees and market-maker identities ahead of Monday's deadline.<\/p>\n\n\n\n The SEC's recent formal requests have included calls for aspiring ETF launchers to seek an accelerated effective date. Bloomberg's report indicates the possibility of an SEC commissioner vote on the 19b-4 rule changes, potentially scheduled for Wednesday.<\/p>\n","post_title":"BlackRock Plans 3% Job Cuts Amidst Bitcoin ETF Anticipation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"blackrock-plans-3-job-cuts-amidst-bitcoin-etf-anticipation","to_ping":"","pinged":"","post_modified":"2024-01-08 02:16:32","post_modified_gmt":"2024-01-07 15:16:32","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14916","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Despite the layoffs, BlackRock is reportedly steering its resources toward tech investment and alternative products, signaling a strategic shift from traditional stocks and bonds.<\/p>\n\n\n\n See Related:<\/strong> BlackRock Bitcoin ETF's Outline Market Manipulation Control<\/a><\/p>\n\n\n\n While facing setbacks in the US, ESG remains a significant force for BlackRock's international clientele, especially in Europe and the Middle East. Simultaneously, the firm eagerly anticipates SEC approval for its spot Bitcoin exchange-traded fund (ETF), a groundbreaking step in crypto investments.<\/p>\n\n\n\n The Securities and Exchange Commission (SEC) is on the verge of a transformative decision<\/a> that could pave the way for the approval of spot Bitcoin ETF in the United States.<\/p>\n\n\n\n Recent discussions between investment management firms, stock exchanges, and the SEC involve refining crucial S-1 prospectus documents integral for ETF approval. Notably, some asset managers intend to update their filings, disclosing specific details regarding fees and market-maker identities ahead of Monday's deadline.<\/p>\n\n\n\n The SEC's recent formal requests have included calls for aspiring ETF launchers to seek an accelerated effective date. Bloomberg's report indicates the possibility of an SEC commissioner vote on the 19b-4 rule changes, potentially scheduled for Wednesday.<\/p>\n","post_title":"BlackRock Plans 3% Job Cuts Amidst Bitcoin ETF Anticipation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"blackrock-plans-3-job-cuts-amidst-bitcoin-etf-anticipation","to_ping":"","pinged":"","post_modified":"2024-01-08 02:16:32","post_modified_gmt":"2024-01-07 15:16:32","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14916","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
BlackRock's venture into Environmental Social Governance (ESG) investment strategy has led to controversy. The company, now downplaying its ESG operations in the US, faces criticism amid asset declines within 'green' investment funds.<\/p>\n\n\n\n Despite the layoffs, BlackRock is reportedly steering its resources toward tech investment and alternative products, signaling a strategic shift from traditional stocks and bonds.<\/p>\n\n\n\n See Related:<\/strong> BlackRock Bitcoin ETF's Outline Market Manipulation Control<\/a><\/p>\n\n\n\n While facing setbacks in the US, ESG remains a significant force for BlackRock's international clientele, especially in Europe and the Middle East. Simultaneously, the firm eagerly anticipates SEC approval for its spot Bitcoin exchange-traded fund (ETF), a groundbreaking step in crypto investments.<\/p>\n\n\n\n The Securities and Exchange Commission (SEC) is on the verge of a transformative decision<\/a> that could pave the way for the approval of spot Bitcoin ETF in the United States.<\/p>\n\n\n\n Recent discussions between investment management firms, stock exchanges, and the SEC involve refining crucial S-1 prospectus documents integral for ETF approval. Notably, some asset managers intend to update their filings, disclosing specific details regarding fees and market-maker identities ahead of Monday's deadline.<\/p>\n\n\n\n The SEC's recent formal requests have included calls for aspiring ETF launchers to seek an accelerated effective date. Bloomberg's report indicates the possibility of an SEC commissioner vote on the 19b-4 rule changes, potentially scheduled for Wednesday.<\/p>\n","post_title":"BlackRock Plans 3% Job Cuts Amidst Bitcoin ETF Anticipation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"blackrock-plans-3-job-cuts-amidst-bitcoin-etf-anticipation","to_ping":"","pinged":"","post_modified":"2024-01-08 02:16:32","post_modified_gmt":"2024-01-07 15:16:32","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14916","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The impending job cuts, while labeled as routine internally<\/a>, signify a notable shift for BlackRock. After years of asset growth, the firm seems to be settling into a more mature phase, as evidenced by declining assets under management (AUM), currently at $9 trillion from a high of over $10 trillion in 2022.<\/p>\n\n\n\n BlackRock's venture into Environmental Social Governance (ESG) investment strategy has led to controversy. The company, now downplaying its ESG operations in the US, faces criticism amid asset declines within 'green' investment funds.<\/p>\n\n\n\n Despite the layoffs, BlackRock is reportedly steering its resources toward tech investment and alternative products, signaling a strategic shift from traditional stocks and bonds.<\/p>\n\n\n\n See Related:<\/strong> BlackRock Bitcoin ETF's Outline Market Manipulation Control<\/a><\/p>\n\n\n\n While facing setbacks in the US, ESG remains a significant force for BlackRock's international clientele, especially in Europe and the Middle East. Simultaneously, the firm eagerly anticipates SEC approval for its spot Bitcoin exchange-traded fund (ETF), a groundbreaking step in crypto investments.<\/p>\n\n\n\n The Securities and Exchange Commission (SEC) is on the verge of a transformative decision<\/a> that could pave the way for the approval of spot Bitcoin ETF in the United States.<\/p>\n\n\n\n Recent discussions between investment management firms, stock exchanges, and the SEC involve refining crucial S-1 prospectus documents integral for ETF approval. Notably, some asset managers intend to update their filings, disclosing specific details regarding fees and market-maker identities ahead of Monday's deadline.<\/p>\n\n\n\n The SEC's recent formal requests have included calls for aspiring ETF launchers to seek an accelerated effective date. Bloomberg's report indicates the possibility of an SEC commissioner vote on the 19b-4 rule changes, potentially scheduled for Wednesday.<\/p>\n","post_title":"BlackRock Plans 3% Job Cuts Amidst Bitcoin ETF Anticipation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"blackrock-plans-3-job-cuts-amidst-bitcoin-etf-anticipation","to_ping":"","pinged":"","post_modified":"2024-01-08 02:16:32","post_modified_gmt":"2024-01-07 15:16:32","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14916","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
BlackRock is set to trim its workforce by 3 percent, spelling potential layoffs for around 600 employees. This move, as reported by Fox Business<\/em>, comes as the company aims to navigate internal adjustments and external market dynamics.<\/p>\n\n\n\n The impending job cuts, while labeled as routine internally<\/a>, signify a notable shift for BlackRock. After years of asset growth, the firm seems to be settling into a more mature phase, as evidenced by declining assets under management (AUM), currently at $9 trillion from a high of over $10 trillion in 2022.<\/p>\n\n\n\n BlackRock's venture into Environmental Social Governance (ESG) investment strategy has led to controversy. The company, now downplaying its ESG operations in the US, faces criticism amid asset declines within 'green' investment funds.<\/p>\n\n\n\n Despite the layoffs, BlackRock is reportedly steering its resources toward tech investment and alternative products, signaling a strategic shift from traditional stocks and bonds.<\/p>\n\n\n\n See Related:<\/strong> BlackRock Bitcoin ETF's Outline Market Manipulation Control<\/a><\/p>\n\n\n\n While facing setbacks in the US, ESG remains a significant force for BlackRock's international clientele, especially in Europe and the Middle East. Simultaneously, the firm eagerly anticipates SEC approval for its spot Bitcoin exchange-traded fund (ETF), a groundbreaking step in crypto investments.<\/p>\n\n\n\n The Securities and Exchange Commission (SEC) is on the verge of a transformative decision<\/a> that could pave the way for the approval of spot Bitcoin ETF in the United States.<\/p>\n\n\n\n Recent discussions between investment management firms, stock exchanges, and the SEC involve refining crucial S-1 prospectus documents integral for ETF approval. Notably, some asset managers intend to update their filings, disclosing specific details regarding fees and market-maker identities ahead of Monday's deadline.<\/p>\n\n\n\n The SEC's recent formal requests have included calls for aspiring ETF launchers to seek an accelerated effective date. Bloomberg's report indicates the possibility of an SEC commissioner vote on the 19b-4 rule changes, potentially scheduled for Wednesday.<\/p>\n","post_title":"BlackRock Plans 3% Job Cuts Amidst Bitcoin ETF Anticipation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"blackrock-plans-3-job-cuts-amidst-bitcoin-etf-anticipation","to_ping":"","pinged":"","post_modified":"2024-01-08 02:16:32","post_modified_gmt":"2024-01-07 15:16:32","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14916","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
BlackRock is set to trim its workforce by 3 percent, spelling potential layoffs for around 600 employees. This move, as reported by Fox Business<\/em>, comes as the company aims to navigate internal adjustments and external market dynamics.<\/p>\n\n\n\n The impending job cuts, while labeled as routine internally<\/a>, signify a notable shift for BlackRock. After years of asset growth, the firm seems to be settling into a more mature phase, as evidenced by declining assets under management (AUM), currently at $9 trillion from a high of over $10 trillion in 2022.<\/p>\n\n\n\n BlackRock's venture into Environmental Social Governance (ESG) investment strategy has led to controversy. The company, now downplaying its ESG operations in the US, faces criticism amid asset declines within 'green' investment funds.<\/p>\n\n\n\n Despite the layoffs, BlackRock is reportedly steering its resources toward tech investment and alternative products, signaling a strategic shift from traditional stocks and bonds.<\/p>\n\n\n\n See Related:<\/strong> BlackRock Bitcoin ETF's Outline Market Manipulation Control<\/a><\/p>\n\n\n\n While facing setbacks in the US, ESG remains a significant force for BlackRock's international clientele, especially in Europe and the Middle East. Simultaneously, the firm eagerly anticipates SEC approval for its spot Bitcoin exchange-traded fund (ETF), a groundbreaking step in crypto investments.<\/p>\n\n\n\n The Securities and Exchange Commission (SEC) is on the verge of a transformative decision<\/a> that could pave the way for the approval of spot Bitcoin ETF in the United States.<\/p>\n\n\n\n Recent discussions between investment management firms, stock exchanges, and the SEC involve refining crucial S-1 prospectus documents integral for ETF approval. Notably, some asset managers intend to update their filings, disclosing specific details regarding fees and market-maker identities ahead of Monday's deadline.<\/p>\n\n\n\n The SEC's recent formal requests have included calls for aspiring ETF launchers to seek an accelerated effective date. Bloomberg's report indicates the possibility of an SEC commissioner vote on the 19b-4 rule changes, potentially scheduled for Wednesday.<\/p>\n","post_title":"BlackRock Plans 3% Job Cuts Amidst Bitcoin ETF Anticipation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"blackrock-plans-3-job-cuts-amidst-bitcoin-etf-anticipation","to_ping":"","pinged":"","post_modified":"2024-01-08 02:16:32","post_modified_gmt":"2024-01-07 15:16:32","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14916","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
BlackRock is set to trim its workforce by 3 percent, spelling potential layoffs for around 600 employees. This move, as reported by Fox Business<\/em>, comes as the company aims to navigate internal adjustments and external market dynamics.<\/p>\n\n\n\n The impending job cuts, while labeled as routine internally<\/a>, signify a notable shift for BlackRock. After years of asset growth, the firm seems to be settling into a more mature phase, as evidenced by declining assets under management (AUM), currently at $9 trillion from a high of over $10 trillion in 2022.<\/p>\n\n\n\n BlackRock's venture into Environmental Social Governance (ESG) investment strategy has led to controversy. The company, now downplaying its ESG operations in the US, faces criticism amid asset declines within 'green' investment funds.<\/p>\n\n\n\n Despite the layoffs, BlackRock is reportedly steering its resources toward tech investment and alternative products, signaling a strategic shift from traditional stocks and bonds.<\/p>\n\n\n\n See Related:<\/strong> BlackRock Bitcoin ETF's Outline Market Manipulation Control<\/a><\/p>\n\n\n\n While facing setbacks in the US, ESG remains a significant force for BlackRock's international clientele, especially in Europe and the Middle East. Simultaneously, the firm eagerly anticipates SEC approval for its spot Bitcoin exchange-traded fund (ETF), a groundbreaking step in crypto investments.<\/p>\n\n\n\n The Securities and Exchange Commission (SEC) is on the verge of a transformative decision<\/a> that could pave the way for the approval of spot Bitcoin ETF in the United States.<\/p>\n\n\n\n Recent discussions between investment management firms, stock exchanges, and the SEC involve refining crucial S-1 prospectus documents integral for ETF approval. Notably, some asset managers intend to update their filings, disclosing specific details regarding fees and market-maker identities ahead of Monday's deadline.<\/p>\n\n\n\n The SEC's recent formal requests have included calls for aspiring ETF launchers to seek an accelerated effective date. Bloomberg's report indicates the possibility of an SEC commissioner vote on the 19b-4 rule changes, potentially scheduled for Wednesday.<\/p>\n","post_title":"BlackRock Plans 3% Job Cuts Amidst Bitcoin ETF Anticipation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"blackrock-plans-3-job-cuts-amidst-bitcoin-etf-anticipation","to_ping":"","pinged":"","post_modified":"2024-01-08 02:16:32","post_modified_gmt":"2024-01-07 15:16:32","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14916","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
BlackRock is set to trim its workforce by 3 percent, spelling potential layoffs for around 600 employees. This move, as reported by Fox Business<\/em>, comes as the company aims to navigate internal adjustments and external market dynamics.<\/p>\n\n\n\n The impending job cuts, while labeled as routine internally<\/a>, signify a notable shift for BlackRock. After years of asset growth, the firm seems to be settling into a more mature phase, as evidenced by declining assets under management (AUM), currently at $9 trillion from a high of over $10 trillion in 2022.<\/p>\n\n\n\n BlackRock's venture into Environmental Social Governance (ESG) investment strategy has led to controversy. The company, now downplaying its ESG operations in the US, faces criticism amid asset declines within 'green' investment funds.<\/p>\n\n\n\n Despite the layoffs, BlackRock is reportedly steering its resources toward tech investment and alternative products, signaling a strategic shift from traditional stocks and bonds.<\/p>\n\n\n\n See Related:<\/strong> BlackRock Bitcoin ETF's Outline Market Manipulation Control<\/a><\/p>\n\n\n\n While facing setbacks in the US, ESG remains a significant force for BlackRock's international clientele, especially in Europe and the Middle East. Simultaneously, the firm eagerly anticipates SEC approval for its spot Bitcoin exchange-traded fund (ETF), a groundbreaking step in crypto investments.<\/p>\n\n\n\n The Securities and Exchange Commission (SEC) is on the verge of a transformative decision<\/a> that could pave the way for the approval of spot Bitcoin ETF in the United States.<\/p>\n\n\n\n Recent discussions between investment management firms, stock exchanges, and the SEC involve refining crucial S-1 prospectus documents integral for ETF approval. Notably, some asset managers intend to update their filings, disclosing specific details regarding fees and market-maker identities ahead of Monday's deadline.<\/p>\n\n\n\n The SEC's recent formal requests have included calls for aspiring ETF launchers to seek an accelerated effective date. Bloomberg's report indicates the possibility of an SEC commissioner vote on the 19b-4 rule changes, potentially scheduled for Wednesday.<\/p>\n","post_title":"BlackRock Plans 3% Job Cuts Amidst Bitcoin ETF Anticipation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"blackrock-plans-3-job-cuts-amidst-bitcoin-etf-anticipation","to_ping":"","pinged":"","post_modified":"2024-01-08 02:16:32","post_modified_gmt":"2024-01-07 15:16:32","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14916","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
For a bullish outlook, Ethereum must bounce back from the $2,150 level and exceed $2,300 to survive the overall bullish momentum. In such a case, we\u2019ll closely examine how the price reacts near the $2,406 resistance to assess if ETH can hit the long-term upside target at $2,500.<\/p>\n","post_title":"Bitcoin And Ethereum Technical Analysis: BTC Price Still Cruising Towards $48K, But ETH Weakens The Bullish Momentum And Approaching The Support Near $2,150","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-and-ethereum-technical-analysis-btc-price-still-cruising-towards-48k-but-eth-weakens-the-bullish-momentum-and-approaching-the-support-near-2150","to_ping":"","pinged":"","post_modified":"2024-01-08 02:45:02","post_modified_gmt":"2024-01-07 15:45:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14919","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14916,"post_author":"1","post_date":"2024-01-08 02:16:23","post_date_gmt":"2024-01-07 15:16:23","post_content":"\n BlackRock is set to trim its workforce by 3 percent, spelling potential layoffs for around 600 employees. This move, as reported by Fox Business<\/em>, comes as the company aims to navigate internal adjustments and external market dynamics.<\/p>\n\n\n\n The impending job cuts, while labeled as routine internally<\/a>, signify a notable shift for BlackRock. After years of asset growth, the firm seems to be settling into a more mature phase, as evidenced by declining assets under management (AUM), currently at $9 trillion from a high of over $10 trillion in 2022.<\/p>\n\n\n\n BlackRock's venture into Environmental Social Governance (ESG) investment strategy has led to controversy. The company, now downplaying its ESG operations in the US, faces criticism amid asset declines within 'green' investment funds.<\/p>\n\n\n\n Despite the layoffs, BlackRock is reportedly steering its resources toward tech investment and alternative products, signaling a strategic shift from traditional stocks and bonds.<\/p>\n\n\n\n See Related:<\/strong> BlackRock Bitcoin ETF's Outline Market Manipulation Control<\/a><\/p>\n\n\n\n While facing setbacks in the US, ESG remains a significant force for BlackRock's international clientele, especially in Europe and the Middle East. Simultaneously, the firm eagerly anticipates SEC approval for its spot Bitcoin exchange-traded fund (ETF), a groundbreaking step in crypto investments.<\/p>\n\n\n\n The Securities and Exchange Commission (SEC) is on the verge of a transformative decision<\/a> that could pave the way for the approval of spot Bitcoin ETF in the United States.<\/p>\n\n\n\n Recent discussions between investment management firms, stock exchanges, and the SEC involve refining crucial S-1 prospectus documents integral for ETF approval. Notably, some asset managers intend to update their filings, disclosing specific details regarding fees and market-maker identities ahead of Monday's deadline.<\/p>\n\n\n\n The SEC's recent formal requests have included calls for aspiring ETF launchers to seek an accelerated effective date. Bloomberg's report indicates the possibility of an SEC commissioner vote on the 19b-4 rule changes, potentially scheduled for Wednesday.<\/p>\n","post_title":"BlackRock Plans 3% Job Cuts Amidst Bitcoin ETF Anticipation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"blackrock-plans-3-job-cuts-amidst-bitcoin-etf-anticipation","to_ping":"","pinged":"","post_modified":"2024-01-08 02:16:32","post_modified_gmt":"2024-01-07 15:16:32","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14916","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
According to the current market consolidation, ETH\/USD can retest the support at $2,150. A bearish breakout of this level will risk the price for a further loss below the $2K zone. Additionally, the RSI at 49.19 suggests a downside momentum while writing this report.<\/p>\n\n\n\n For a bullish outlook, Ethereum must bounce back from the $2,150 level and exceed $2,300 to survive the overall bullish momentum. In such a case, we\u2019ll closely examine how the price reacts near the $2,406 resistance to assess if ETH can hit the long-term upside target at $2,500.<\/p>\n","post_title":"Bitcoin And Ethereum Technical Analysis: BTC Price Still Cruising Towards $48K, But ETH Weakens The Bullish Momentum And Approaching The Support Near $2,150","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-and-ethereum-technical-analysis-btc-price-still-cruising-towards-48k-but-eth-weakens-the-bullish-momentum-and-approaching-the-support-near-2150","to_ping":"","pinged":"","post_modified":"2024-01-08 02:45:02","post_modified_gmt":"2024-01-07 15:45:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14919","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14916,"post_author":"1","post_date":"2024-01-08 02:16:23","post_date_gmt":"2024-01-07 15:16:23","post_content":"\n BlackRock is set to trim its workforce by 3 percent, spelling potential layoffs for around 600 employees. This move, as reported by Fox Business<\/em>, comes as the company aims to navigate internal adjustments and external market dynamics.<\/p>\n\n\n\n The impending job cuts, while labeled as routine internally<\/a>, signify a notable shift for BlackRock. After years of asset growth, the firm seems to be settling into a more mature phase, as evidenced by declining assets under management (AUM), currently at $9 trillion from a high of over $10 trillion in 2022.<\/p>\n\n\n\n BlackRock's venture into Environmental Social Governance (ESG) investment strategy has led to controversy. The company, now downplaying its ESG operations in the US, faces criticism amid asset declines within 'green' investment funds.<\/p>\n\n\n\n Despite the layoffs, BlackRock is reportedly steering its resources toward tech investment and alternative products, signaling a strategic shift from traditional stocks and bonds.<\/p>\n\n\n\n See Related:<\/strong> BlackRock Bitcoin ETF's Outline Market Manipulation Control<\/a><\/p>\n\n\n\n While facing setbacks in the US, ESG remains a significant force for BlackRock's international clientele, especially in Europe and the Middle East. Simultaneously, the firm eagerly anticipates SEC approval for its spot Bitcoin exchange-traded fund (ETF), a groundbreaking step in crypto investments.<\/p>\n\n\n\n The Securities and Exchange Commission (SEC) is on the verge of a transformative decision<\/a> that could pave the way for the approval of spot Bitcoin ETF in the United States.<\/p>\n\n\n\n Recent discussions between investment management firms, stock exchanges, and the SEC involve refining crucial S-1 prospectus documents integral for ETF approval. Notably, some asset managers intend to update their filings, disclosing specific details regarding fees and market-maker identities ahead of Monday's deadline.<\/p>\n\n\n\n The SEC's recent formal requests have included calls for aspiring ETF launchers to seek an accelerated effective date. Bloomberg's report indicates the possibility of an SEC commissioner vote on the 19b-4 rule changes, potentially scheduled for Wednesday.<\/p>\n","post_title":"BlackRock Plans 3% Job Cuts Amidst Bitcoin ETF Anticipation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"blackrock-plans-3-job-cuts-amidst-bitcoin-etf-anticipation","to_ping":"","pinged":"","post_modified":"2024-01-08 02:16:32","post_modified_gmt":"2024-01-07 15:16:32","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14916","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Ethereum failed to exceed the current resistance at $2,406 for the third time, leading the price to break the 21 EMA support and move below the $2,300 level.<\/p>\n\n\n\n According to the current market consolidation, ETH\/USD can retest the support at $2,150. A bearish breakout of this level will risk the price for a further loss below the $2K zone. Additionally, the RSI at 49.19 suggests a downside momentum while writing this report.<\/p>\n\n\n\n For a bullish outlook, Ethereum must bounce back from the $2,150 level and exceed $2,300 to survive the overall bullish momentum. In such a case, we\u2019ll closely examine how the price reacts near the $2,406 resistance to assess if ETH can hit the long-term upside target at $2,500.<\/p>\n","post_title":"Bitcoin And Ethereum Technical Analysis: BTC Price Still Cruising Towards $48K, But ETH Weakens The Bullish Momentum And Approaching The Support Near $2,150","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-and-ethereum-technical-analysis-btc-price-still-cruising-towards-48k-but-eth-weakens-the-bullish-momentum-and-approaching-the-support-near-2150","to_ping":"","pinged":"","post_modified":"2024-01-08 02:45:02","post_modified_gmt":"2024-01-07 15:45:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14919","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14916,"post_author":"1","post_date":"2024-01-08 02:16:23","post_date_gmt":"2024-01-07 15:16:23","post_content":"\n BlackRock is set to trim its workforce by 3 percent, spelling potential layoffs for around 600 employees. This move, as reported by Fox Business<\/em>, comes as the company aims to navigate internal adjustments and external market dynamics.<\/p>\n\n\n\n The impending job cuts, while labeled as routine internally<\/a>, signify a notable shift for BlackRock. After years of asset growth, the firm seems to be settling into a more mature phase, as evidenced by declining assets under management (AUM), currently at $9 trillion from a high of over $10 trillion in 2022.<\/p>\n\n\n\n BlackRock's venture into Environmental Social Governance (ESG) investment strategy has led to controversy. The company, now downplaying its ESG operations in the US, faces criticism amid asset declines within 'green' investment funds.<\/p>\n\n\n\n Despite the layoffs, BlackRock is reportedly steering its resources toward tech investment and alternative products, signaling a strategic shift from traditional stocks and bonds.<\/p>\n\n\n\nBlackRock's ESG Controversy<\/h2>\n\n\n\n
BlackRock's ESG Controversy<\/h2>\n\n\n\n
BlackRock's ESG Controversy<\/h2>\n\n\n\n
BlackRock's ESG Controversy<\/h2>\n\n\n\n
BlackRock's ESG Controversy<\/h2>\n\n\n\n
BlackRock's ESG Controversy<\/h2>\n\n\n\n
BlackRock's ESG Controversy<\/h2>\n\n\n\n
BlackRock's ESG Controversy<\/h2>\n\n\n\n
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BlackRock's ESG Controversy<\/h2>\n\n\n\n
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BlackRock's ESG Controversy<\/h2>\n\n\n\n
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BlackRock's ESG Controversy<\/h2>\n\n\n\n
\n