According to the latest U.S. Securities and Exchange Commission (SEC) 13-F filing from Ark Invest’s and 21shares’ ARKB fund, the State of Michigan Retirement System (SMRS) acquired approximately $6.59 million in ARKB shares. This news follows an announcement by Steven Fulop, the mayor of Jersey City, New Jersey, that the city’s pension fund will invest […] Source: https://news.bitcoin.com/michigan-retirement-system-invests-6-59m-in-ark-invests-bitcoin-fund/
Month: July 2024
Galaxy launches $113M crypto fund, Nansen launches Ether ETF dashboard: Finance Redefined
Galaxy launched a $113 million crypto fund on the week of the debut of the first spot Ether ETFs in the US. Nansen has also launched the industry’s first Ether ETF analytics dashboard. Source: https://cointelegraph.com/news/galaxy-113-m-crypto-fund-nansen-launches-ether-etf-dashboard-finance-redefined?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin’s transformation from risk asset to digital gold hints at new all-time highs
Bitcoin price is being driven higher by a new set of bullish catalysts. Source: https://cointelegraph.com/news/bitcoin-transformation-from-risk-asset-to-digital-gold-hints-a-new-all-time-highs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Judge approves delaying forfeiture of donations from FTX-funded PACs
Former FTX CEO Sam Bankman-Fried reportedly donated roughly $40 million directly to political candidates and PACs in 2022 before the collapse of the crypto exchange. Source: https://cointelegraph.com/news/justice-department-delay-forfeiture-ftx-sbf-political-donations?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
What to Expect From Trump’s Bitcoin Nashville Speech
On Saturday, crypto advocates will tune into perhaps the most anticipated political speech in the industry’s short history: former president Donald Trump’s address at the Bitcoin 2024 conference, which is currently underway in Nashville. At a crucial juncture in the 2024 presidential election, what with the recent attempt on Trump’s life and the shake-up at the top of the Democratic…
Bitcoin mining will thrive under a Trump administration—MARA CEO
Fred Thiel, The MARA CEO, said he would not comment on Harris’ policies because they are still unknown at this time. Source: https://cointelegraph.com/news/bitcoin-mining-thrive-under-trump-administration-mara-ceo?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin to Reach $87K in 2024 and $383K by 2030, Finder Survey Predicts
Bitcoin (BTC) is poised for substantial price increases in the coming years, according to a recent survey by Finder. The survey, conducted in July 2024, gathered insights from 32 crypto industry specialists, predicting that bitcoin could reach $87,169 by the end of 2024 and surge to $383,514 by 2030. Crypto Specialists Predict Bullish Long-Term Outlook […] Source: https://news.bitcoin.com/bitcoin-to-reach-87k-in-2024-and-383k-by-2030-finder-survey-predicts/
Price analysis 7/26: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Bitcoin’s recovery from the $63,500 level is encouraging, but higher levels may face solid resistance from the bears. Source: https://cointelegraph.com/news/price-analysis-7-26-btc-eth-bnb-sol-xrp-doge-ton-ada-avax-shib?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto Super PAC uses $2.5M to support Washington, Michigan Democrats
A crypto PAC used roughly $1.5 million to fund a media buy for Democrat Emily Randall, while her rival’s campaign manager criticized the move as having “sold out” the district. Source: https://cointelegraph.com/news/protect-progress-pac-support-pro-crypto-candidate?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US Bitcoin ETFs Report $31.16M Inflows on Thursday
Based on Thursday’s data, the 11 U.S. spot bitcoin exchange-traded funds (ETFs) experienced another day of net inflows following Wednesday’s increases. Statistics indicate that $31.16 million was absorbed primarily by Blackrock’s IBIT, although the amount would have been higher if not for the reduction seen by Grayscale’s GBTC. Bitcoin ETF Market Prints $59B Total Value […] Source: https://news.bitcoin.com/us-bitcoin-etfs-report-31-16m-inflows-on-thursday/