Michigan pension fund discloses $6.6M investment in Bitcoin ETFs
In an SEC filing, the state’s pension fund disclosed holding 110,000 shares of the ARK 21Shares Bitcoin ETF as of June 30. Go to Source
Month: July 2024
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 … Read more
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. Go to Source
Cross-border Bitcoin payments a top priority for Marathon Digital — Bitcoin 2024
The Bitcoin miner is seeking partners to build Bitcoin payment apps, a company executive said. Go to Source
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. Go to Source
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 his crypto exchange. Go to Source
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. Go to Source
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 … Read more
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. Go to Source
Federal Reserve Board drops enforcement action against Silvergate
Silvergate Bank, a former crypto-friendly bank, collapsed in March 2023 due to the fallout created by the implosion of the FTX exchange. Go to Source