Florida’s CFO proposes Bitcoin to diversify state reserves, positioning it as “digital gold” to hedge against volatility.The proposal includes a pilot program to assess Bitcoin’s feasibility in state pension funds, keeping Florida ahead in innovation. Florida is taking significant moves to diversify its state reserves, with a new proposal to incorporate Bitcoin into its investing...
The China-Saudi ETF partnership signals a strategic move to shift liquidity from US-dominated markets, potentially affecting Bitcoin ETF inflows in the U.S.Saudi Arabia’s new Hong Kong-linked ETF, launched with $1.2 billion, could encourage regional investors to favor local markets over U.S. options. Following a recent Crypto Rally event reported by CNF, where Bitcoin climbed after...
Bitcoin’s bullish momentum above $72K signals potential for a new all-time high, driven by strong buyer support and macroeconomic factors.Traders anticipate a possible pullback before BTC continues upward, with robust market positioning favoring sustained growth. Bitcoin broke above the $72,000 mark following Wall Street’s opening on Oct. 29, edging closer to all-time highs as bullish...
Ripple’s Chris Larsen has clarified that his support for Vice President Kamala Harris is based on her pro-innovation message and plans to regulate the crypto industry with a more friendly approach. Larsen has also admitted to having had meetings with people who would be part of Harris’ administration. Ripple executive Chris Larsen is a bigger fan...
Bhutan’s government transferred 935 BTC ($66 million) to Binance as Bitcoin nears $71,000, fueling speculation about possible sales.Bhutan’s crypto strategy prioritizes Binance, with substantial holdings and additional assets in Ethereum and other cryptocurrencies, highlighting a robust digital asset approach. Following news of Bhutan’s Bitcoin holdings of 13,000 BTC, a recent CNF update revealed that blockchain...
BRICS membership is growing, setting a positive pathway for Bitcoin adoption.With the bloc no longer poised to build new de-dollarization infrastructure, the chances of BTC adoption remain high. In a recent CNBC interview, Matthew Sigel, Head of Digital Asset Research at VanEck, said the BRICS bloc will increase the adoption of Bitcoin (BTC). The executive’s...
Litecoin is gaining traction as an asset for value preservation in the long term.Litecoin ETF hype is helping to fuel the coin’s bullish price outlook. Litecoin (LTC) recently outpaced Ethereum (ETH) regarding the longest average holding period. This highlights Litecoin’s sustained appeal among long-term investors. However, Bitcoin (BTC) continues to lead in this metric. Long-Term...
Marty Bent uses Tales from the Crypt to humanize Bitcoin, focusing on how it impacts people’s lives and financial freedom.Bent emphasizes cautious optimism towards meme coins, recognizing their hype while stressing the risks of speculative trading. For years, Marty Bent has been a major player in the crypto space, and his path across the Bitcoin...
Michael Saylor’s MicroStrategy has revealed that it would raise $42 billion from equity and fixed-income security to purchase Bitcoin in the next three years. As of the end of the third quarter of 2024 (Q3 2024), MicroStrategy held 252,220 Bitcoins ($6.851 billion) at a market price of $63,463 per coin. Bitcoin (BTC) Treasury Company MicroStrategy has...
A document has disclosed that Satoshi Nakamoto would soon make a groundbreaking appearance to prove his identity and relationship with Bitcoin in a live demonstration. Meanwhile, a section of the crypto community strongly doubts the authenticity of this document as they claim this is merely a clout chasing. According to a document circulating on social media...