Mexican billionaire says he’s ‘all in’ on Bitcoin with 70% exposure
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Mexican billionaire says he’s ‘all in’ on Bitcoin with 70% exposure

Ricardo Salinas, founder and chairman of Mexican conglomerate Grupo Salinas, said 70% of his investment portfolio is now allocated to Bitcoin-related assets — up from 10% in 2020. Speaking with Bloomberg on March 4, Salinas said he’s “pretty much all in” on Bitcoin (BTC), while the remaining 30% of his investments are in gold and gold miners. “That’s it. I…

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SEC agrees to drop lawsuit against Cumberland DRW, says firm
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SEC agrees to drop lawsuit against Cumberland DRW, says firm

The US Securities and Exchange Commission will dismiss its case against the Chicago-based Cumberland DRW, the crypto trading firm says. “Today we signed a joint filing to be made with the Securities and Exchange Commission (SEC) dismissing its case against Cumberland DRW,” Cumberland wrote in a March 4 X post.  Cumberland said the filing was agreed in principle between Cumberland…

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Blockstream to launch Bitcoin lending funds with multi-billion investment
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Blockstream to launch Bitcoin lending funds with multi-billion investment

Bitcoin developer Blockstream has secured a multibillion-dollar investment to launch three new institutional funds, including two that will enable lending Bitcoin. “Blockstream’s institutional-grade Bitcoin investment solutions will go live on April 1, with external capital acceptance opening on July 1,” the firm stated on X on March 4, confirming an earlier Bloomberg report. It added that the investment products will…

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