Bitcoin News

The State of Michigan Retirement System has invested $6.6 million in ARK 21Shares’ ARKB spot Bitcoin exchange-traded fund. The ETF investment, disclosed in a 13-F form filed with the SEC, represents a small fraction — 0.004% — of the state’s substantial $143.9 billion pension fund. Michigan’s decision reflects a broader trend of institutional adoption of […] More

Jan van Eck, the chief executive officer of investment management firm VanEck, has reiterated his bullish stance on Bitcoin by declaring at Bitcoin 2024 that ‘way over 30%’ of his portfolio is in Bitcoin. The VanEck CEO stated that he views Bitcoin (BTC) as an evolving asset class, likening its current stage to the “teenage […] More

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 […] More

Key Takeaways Michigan’s retirement system invested $6.6 million in Bitcoin through ARK 21Shares’ ETF. Other pension funds, including Wisconsin’s SWIB, are also adding Bitcoin exposure. Share this article URL Copied The State of Michigan Retirement System reported a Bitcoin (BTC) investment amounting to $6.6 million through ARK 21Shares’ ARKB spot BTC exchange-traded fund (ETF), revealed […] More

In a recent discussion on CNBC’s Squawk Box, Anthony Scaramucci, founder of SkyBridge Capital, emphasized the importance of bipartisan support for Bitcoin and crypto regulation. Scaramucci highlighted the urgency of bipartisan cooperation in shaping crypto policies. “We need to make Bitcoin and the regulation around blockchain and cryptocurrency bipartisan,” he said. He and prominent figures […] More

Key Takeaways 43.7% of crypto participants expect Bitcoin to exceed $100,000 this cycle. Expectations for Ethereum and Solana prices are more varied among survey respondents. Share this article URL Copied A recent survey from data aggregator CoinGecko revealed that 43.7% of the respondents expect Bitcoin to exceed $100,000 this cycle. The next most popular prediction […] More

The Turkish crypto market has experienced significant growth in recent years. Currently, more than half of the population is invested in crypto, according to polls and surveys. The is evident by the fact that the Turkish Lira (TRY) is the fourth most used fiat currency in crypto. Fueling this crypto adoption in the country are […] More

Coin ATM Radar data shows that the global crypto ATMs market is on the cusp of surpassing the peak of 2022. The USA leads with over 32,000 installations, while Canada is second with over 3,000 locations and Australia third with more than 1,120. Users see Bitcoin ATMs as one the easiest ways to buy and […] More

Altcoins SATS, Aave, Monero, and ORDI have all surged over 10% over the past day to rank as the top gainers in the crypto market, as Bitcoin, the leading cryptocurrency by market cap, jumped over 4% in the same timeframe. SATS SATS (1000SATS) led the charge among the top gainers on July 26. At the […] More

Japanese financial giant SBI Group is teaming up with Franklin Templeton to prepare for a possible approval of crypto funds in Japan. Japanese financial giant SBI Group is teaming up with U.S. asset manager Franklin Templeton in anticipation of potential approval for crypto funds in Japan, aiming to introduce spot Bitcoin exchange-traded funds to the […] More