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BlackRock launches first bitcoin product in Europe

BlackRock has launched its first bitcoin exchange-traded product in Europe, in a bid to tap growing demand for cryptocurrency exposure in new markets after attracting more than $50 billion into similar products in the United States. The world's largest asset manager has launched its 'iShares Bitcoin ETP', according to a BlackRock product page online, which is domiciled in Switzerland and listed in Paris, Amsterdam and Frankfurt. BlackRock declined to comment.

Chinese Tech Stocks Near Correction in Sharp Sentiment Reversal

(Bloomberg) -- Chinese technology stocks fell from a three-year high to the brink of a correction in just five sessions, fueled by a lack of positive surprise in earnings and Xiaomi Corp.’s jumbo share sale. Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Why Did the Government Declare War on My Adorable Tiny Truck?Chicago Transit Faces ‘Doomsday Scenario,’ Regional Agency SaysLA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsTrump Slashed Inter

Should You Buy Dogecoin While It's Under $1?

Dogecoin (CRYPTO: DOGE) was founded in 2013 by two friends who thought the cryptocurrency industry was taking itself too seriously. Inspired by the "Doge" meme that was spreading across the internet at the time, they created Dogecoin as a joke (in their own words). Unfortunately, Dogecoin has almost no real-world utility, and speculative frenzies never last.