Michigan Retirement System Invests $6.59M in Ark Invest’s Bitcoin Fund
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Michigan Retirement System Invests $6.59M in Ark Invest’s Bitcoin Fund

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/

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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

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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

Trump to Speak at Bitcoin Conference in Nashville
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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…

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Bitcoin to Reach $87K in 2024 and $383K by 2030, Finder Survey Predicts
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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/

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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
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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/