The Wisconsin State Investment Board (SWIB) reported owning $321.5 million worth of iShares Bitcoin ETF, accounting for 0.82% of its total assets, according to its latest 13F filing. Founded in 1951, SWIB manages the assets of the Wisconsin Retirement System (WRS), State Investment Fund (SIF) and other state trust funds. SWIB has more than $162 … Read more
The exchange more than doubled its year-on-year revenue and posted Q4 earnings per share 109% higher than analyst estimates. Strong Q4 Showcase: Coinbase Beats Estimates, Defying Market Predictions Cryptocurrency exchange Coinbase (Nasdaq: COIN) beat analyst estimates by an eyepopping 109% when it revealed its Q4 earnings report on Thursday. The firm raked in $6.6 billion … Read more
Shiba Inu burn rate took off 2000% on Friday, boosting market sentiment for the asset despite a broader crypto sector slump. Recent burn metrics highlighted that the massive surge stands primarily attributable to roughly 14 million coins removed from the asset’s market supply in a day. As an upshot, investors eye a bullish movement for … Read more
Bybit, a leading crypto exchange, has recently seen a breakthrough in terms of regulatory compliance. As per Ben Zhou, the CEO of Bybit, the French “Autorité des marchés financiers” has officially removed its name from blacklist, clearing its way to a potential acquisition of MiCA license. The executive took to social media to announce this … Read more
In an unexpected turn for the cryptocurrency sphere, Melania Trump, the current First Lady of the United States, has gone beyond NFTs and entered the wider digital space by launching her own meme coin, $MELANIA. This action introduces a new phase to her story in digital assets, highlighting her aspirations with Melania Trump crypto beyond … Read more
Samson Mow has cleared the air on the true state of Bitcoin in El Salvador. Despite the amendment to its Bitcoin laws, El Salvador is still buying BTC. JAN3 CEO and crypto stakeholder Samson Mow recently explained Bitcoin’s (BTC) legal tender status in El Salvador. His comments come amid various reports that have raised confusion … Read more
Bloomberg reports that China’s Gaorong Ventures invested $30 million in Hong Kong’s Hashkey Group, valuing the crypto unicorn near $1.5 billion. Gaorong Ventures Bets on Crypto With $30 Million Investment in Hashkey Gaorong, an early investor in Chinese internet firms such as Meituan and PDD Holdings Inc., has entered the digital asset arena amid growing … Read more
A new legislative proposal in Michigan seeks to create a Bitcoin reserve as part of the state’s financial strategy. On February 13, Representatives Bryan Posthumus and Ron Robinson put forward HB 4087, a bill designed to update the state’s Management and Budget Act by incorporating Bitcoin investments. With this, Michigan now joins 19 other states … Read more
Este artículo también está disponible en español. A known crypto investor made a bold claim that Dogecoin is the king of all cryptocurrencies, stirring a debate and discussion among members of the cryptocurrency community. Global Macro Investor founder and CEO Raoul Pal believes that the popular meme coin is capable of becoming “the hardest money … Read more
Last week, Ethereum’s ability to process more transactions got a boost when validators decided to raise the gas limit for the first time since late 2021, and notably, the first time since the network’s Merge. Despite this increase, Vitalik Buterin believes that the ETH gas limit should be raised even more. He argues that a … Read more