levied charges against BlackRock for failing to disclose some of its investments. Bitcoin price remains volatile, indecisively fluctuating around the $34,000 psychological level.
the ticker for BlackRock iShares Bitcoin Trust, made headlines during the early hours of the New York session after it disappeared from the catalog of the Depository Trust & Clearing Corporation . Also Read: Bitcoin price shakes, DTCC website crashes after BlackRock iShares BTC Trust delisting back on DTCC catalogue BlackRock iShare’s Bitcoin Trust was a trending topic in the cryptocurrency community after its disappearance from the listing on DTCC. The incident caught the market by surprise as the DTCC website went down simultaneous to the delisting of
in what many attribute to traffic as investors sped off to confirm the developments. In an interesting twist, however, the product is back online, relisted as the DTCC website is now accessible. on DTCC It comes after reports that financial regulator SEC levied charges against BlackRock, citing failure to disclose investments. Based on the announcement, the firm will have to part with up to $2.5 million in penalty fees. Bitcoin price tries to reclaim $34,000 Riding on the news, the bulls have pumped Bitcoin price to reclaim above the $34,000 level, but downside risks remain as investors contemplate the price action.