Despite mounting Bitcoin ETF outflows that neared $500 million in three days, dip buying by large BTC holders may lead to an imminent market reversal. Newsletter COINTELEGRAPH IN YOUR SOCIAL FEED Crypto investor sentiment continues to be pressured by global trade tensions between the United States and China, which resulted in nearly $500 million worth […] More
Key Takeaways The Wisconsin Investment Board doubled its holdings in BlackRock’s iShares Bitcoin Trust to 6,060,351 shares valued at $321.5 million. Wisconsin’s board has also diversified investments in crypto-related companies like Coinbase and Marathon Digital. Share this article The State of Wisconsin Investment Board (SWIB) has doubled its holdings in BlackRock’s iShares Bitcoin Trust (IBIT), […] More
According to data from Farside Investors, outflows from Bitcoin ETFs topped $647 million amid four consecutive days of capital flight. News COINTELEGRAPH IN YOUR SOCIAL FEED National Bank of Canada — one of the country’s largest commercial banks — has signaled bearish sentiment on Bitcoin (BTC) by acquiring a right to sell a portion of […] More
Key Takeaways Mubadala Investment Company invested $436.9 million in iShares Bitcoin Trust ETF during Q1 2024. This is one of the inaugural crypto asset investments by a major sovereign wealth fund. Share this article Mubadala Investment Company, Abu Dhabi’s sovereign wealth fund, purchased $436.9 million worth of iShares Bitcoin Trust (IBIT) shares in the first […] More
This week, four different states introduced crypto-related bills, bringing the number of US states to introduce such legislation up to nine in February alone. Analysis COINTELEGRAPH IN YOUR SOCIAL FEED State lawmakers across the US are introducing crypto-focused legislation, with the bills as diverse as the states themselves. Since the beginning of February, nine US […] More
Barclays Bank has disclosed a $131 million position in BlackRock’s iShares Bitcoin Trust, according to its latest 13F filing with the U.S. Securities and Exchange Commission. The UK-based institution holds 2,473,064 IBIT shares, marking a move into the Bitcoin ETF market. The purchase took place during the fourth quarter of 2024, covering October through December. […] More
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin holds steady, but XYZ, XLM, and LUNC surge, surprising traders’ and analysts expectations. Table of Contents Bitcoin‘s price has remained steady, but other digital coins are making waves. XYZ, XLM, and LUNC have […] More
Georgia State Senator Greg Dolezal has introduced Senate Bill 178, which aims to permit the state treasurer to invest in Bitcoin. The bill, co-sponsored by Senators Brandon Beach and Clint Dixon, has been added to the Senate Hopper for consideration. If passed, this legislation would authorize Georgia’s state treasurer to include Bitcoin (BTC) in the […] More
As Bitcoin gains recognition as a potential national reserve asset, the crypto community must ensure it remains accessible to the public and true to its decentralized roots. Opinion COINTELEGRAPH IN YOUR SOCIAL FEED Opinion by: Ryan Chow, CEO of Solv Protocol Establishing strategic Bitcoin reserves is on everyone’s agenda right now, propelled by big moves […] More
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin dips below $94k amid U.S. inflation data, while ChowWow presale catches the attention of holders seeking high growth potential. Table of Contents The price of Bitcoin has experienced increased volatility, declining below $94k. […] More
GameStop, a video game retailer, and popular meme stock, is reportedly considering investing in Bitcoin and other cryptocurrencies. Three insiders revealed that the company is assessing alternative asset classes, particularly in crypto as the US political landscape shifts in favor of the industry after years of hostility. After the news broke, GameStop’s shares saw a […] More
Key Takeaways Nayib Bukele and Michael Saylor discussed Bitcoin at the presidential palace on Feb. 13. El Salvador’s recent legislative amendments make Bitcoin voluntary legal tender and prohibit its use for tax payments, aligning with IMF loan requirements. Share this article El Salvador President Nayib Bukele and Strategy founder Michael Saylor met at Casa Presidencial, […] More
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