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What Does It Mean for Companies to Buy Billions of Dollars of Bitcoin Recently?
Matt Hougan, CIO of spot Bitcoin ETF issuer Bitwise, says the Bitcoin ETF allocations included in recent 13F filings are just the beginning. Institutional investors' recently disclosed Bitcoin allocations from first-quarter 13F filings were merely a
Read MoreIt’s time to overturn SAB 121
Gary Gensler’s Securities and Exchange Commission has made a name for itself with its hostility towards cryptocurrency. Time after time, over the last few years, his agency has repeatedly thrown up roadblocks to the common-sense regulation of digital as
Read MoreCircle to Relocate Legal Domicile from Ireland to U.S.
The move comes ahead of the USDC issuer’s potential IPO, for which it filed paperwork with the SEC in January.
Read MoreDogecoin, Bitcoin Pump as GameStop Rally Cools
In the wake of a meme stock and meme coin frenzy, old-school cryptocurrencies are doing remarkably well.
Read MoreUEX Exchange Announces Launch of a New Feature
UEX Finance, a leading cryptocurrency exchanger, is pleased to announce the launch of a new feature: instant withdrawals worldwide. UEX Finance users can now easily and quickly convert their crypto assets into fiat money and withdraw them to their ba
Read MoreEl Salvador’s ‘Bitcoin Office’ Reports Volcano-Based Geothermal System Mined 474 BTC in Three Years: Report
El Salvador’s National Bitcoin Office is reporting that its volcano-based geothermal system has mined nearly 474 BTC during the last three years. According to a new report by Reuters, the Central American nation, which became the first country in th
Read MoreBreaking: Millennium Management $2B Stake Crown It Largest IBIT, FBTC ETF Holder
Millennium Management has disclosed holdings that make it the largest holder of Bitcoin ETFs, notably the iShares Bitcoin Trust (IBIT) and Fidelity Wise Origin Bitcoin Fund (FBTC). This participation is evidenced by the recent SEC filing that shows Mille
Read MoreMarket Expert Who Predicted Bitcoin’s Rise above $69,000 Unveils New Target
The Bitcoin rise above $69,000 before the fourth halving to reach a new all-time high of $73,000 in 2024 took many by surprise. However, crypto analyst BitQuant was not one of those people. In 2023, the analyst had correctly predicted that the BTC price w
Read MoreHumanity Protocol Achieves Unicorn Status After New Funding Round
Humanity Protocol, a pioneer in digital identity verification, recently raised $30 million and achieved unicorn status. This milestone comes less than a year after the company’s inception. It leverages blockchain technology to authenticate onlin
Read MoreFormer FTX Exec Ryan Salame Requests 18 Months Prison Sentence
The lawyers of Ryan Salame, a former executive of the bankrupt cryptocurrency exchange FTX, who pleaded guilty to his role in the firm’s collapse, have requested that a court sentence their client to 18 months in prison in an upcoming hearing schedu
Read MoreMicrostrategy Joins MSCI World Index Amid Bitcoin Rally
MSCI Inc. has announced the May 2024 Index Review, which includes adding the bitcoin-focused Microstrategy to the MSCI World Index. This decision follows the Nasdaq-listed software intelligence firm’s stock outperforming bitcoin and other major inv
Read MoreIzzy Englander's Millennium, Paul Singer’s Elliott Among Bitcoin ETF Holders
After Tuesday’s surprising disclosure of a $161 million allocation from the State of WIsconsin, more investment whales turned out to have been part of the unprecedented success of the ETFs.
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