Bitcoin (BTC)

Yet another regional government has disclosed an allocation to the newly launched Bitcoin ETFs, forging another step in Bitcoin’s growing adoption among not only institutions but also governments. In a Form-13F filed on Friday, the State of Michigan Retirement System revealed that it had $6.6 million allocated to Bitcoin ETF products as of June 30. Michigan Buys Bitcoin According to the filing, the pension fund made its first Bitcoin investment through the Ark 21Shares...

Steven Fulop, the mayor of Jersey City, New Jersey, has announced that the city’s pension fund will allocate a portion of its investments into Bitcoin ETFs. Fulop also expressed his long-standing belief in cryptocurrency, although he had not publicly mentioned Bitcoin or other assets before July 25. Jersey City Updates Paperwork with SEC In a July 25 post on X, Mayor Fulop announced that they are updating paperwork with the United States Securities and Exchange Commission...

The cryptocurrency market has been buzzing with activity following the recent launch of Ethereum exchange-traded funds (ETFs), which attracted significant attention but failed to ignite a major price surge for Ethereum (ETH). This lackluster performance contrasts sharply with the more substantial impact seen from the launch of Bitcoin ETFs. As a result, traders are now shifting their focus to other opportunities, such as the rising interest in RCO Finance (RCOF), in search of fresh profit...

Since the beginning of the month, bitcoin (BTC) flows into crypto exchanges have been on the rise. This is primarily due to creditor distributions by the rehabilitation trustee of the defunct BTC trading platform Mt. Gox. Data from blockchain analytic platform IntoTheBlock has revealed that July 25 saw the exchange BTC net flows hit a yearly high of $2.8 billion. Crypto trading platforms saw similar BTC inflows in mid-March, about two months after the United States spot...

[PRESS RELEASE – VILNIUS, Lithuania, July 26th, 2024] In a significant move this July 2024, BTCC has launched up to 50x leverage on over 300 USDT-margined trading pairs. This development follows the successful introduction of 500x leverage on major trading pairs, including BTC, ETH, XRP, SOL, and DOGE. BTCC has now decided to elevate the futures trading experience by increasing the available leverage from 20x to 50x, setting a new standard in the crypto trading world where...

Bitstamp, one of the five exchanges chosen by Mt. Gox’s bankruptcy estate to effect reimbursements to its creditors, began the process on Thursday. The repayments kicked off three days after Mt. Gox wallets conducted test transactions with and subsequently sent funds to Bitstamp. Bitstamp is sending bitcoin (BTC), Bitcoin Cash (BCH), and Ether (ETH) to creditors who were assigned to the exchange for reimbursements. Most creditors are expected to have their assets within a week after the...

It’s been an interesting week for the cryptocurrency industry. Although its total capitalization has remained largely unchanged, a lot has happened that deserves our attention, so let’s get into it. Right off the get-go, the United States Securities and Exchange Commission finally gave the last regulatory nod of approval for spot Ethereum ETF issues to launch their products. This was a highly-anticipated moment for many ETH investors, but the price took a nosedive following...

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Why have I been blocked? This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.