Tag: Bitcoin
Michigan Pension Fund Invests $6.6 Million in Bitcoin ETF for Portfolio Growth
The State of Michigan Retirement System recently made a significant investment by adding $6.6 million in Bitcoin ETF holdings. This move, which includes 110,000 shares in ARK 21Shares Bitcoin ETF (ARKB), was disclosed in...
Michigan Pension Fund Invests $6.6 Million in Bitcoin ETFs
The State of Michigan Retirement System recently invested $6.6 million in 21Shares’ ARKB Bitcoin ETF. This disclosure comes as more US state pension funds are starting to buy spot Bitcoin ETFs. Michigan's pension fund...
Bitcoin’s Potential: 7% of Global Wealth, Price Surge to $13M in 21 Years
Michael Saylor, the executive chairman of MicroStrategy, continues to show his strong belief in Bitcoin (BTC) during the Bitcoin 2024 conference in Nashville. Saylor predicts that Bitcoin's price could surge to an astonishing $13...
Bitcoin Price Surge Expected as Supply Decreases, Analyst Predicts
Christian, a dedicated journalist, delves into the world of cryptocurrency with a passion for storytelling and deciphering complex jargon for the masses. With a background in academia and a successful career in journalism, Christian...
Jersey City Mayor Invests Pension Fund in Bitcoin ETFs – CoinJournal Report
Jersey City Mayor Steven Fulop has announced his plans to invest a portion of the city's pension fund into Bitcoin ETFs. This move, according to Fulop, is a strategic investment in the potential of...
Proposal for Federal Reserve to Adopt Bitcoin as Reserve Asset at Nashville Conference
Wyoming Senator Cynthia Lummis, known for her support of cryptocurrencies, is planning to propose a bold idea at the upcoming Nashville conference. She wants the Federal Reserve to consider holding Bitcoin as a strategic...
Ferrari Expands Crypto Payment Scheme to Europe After US Debut – CoinJournal
Ferrari, the luxury sports car company, has announced that it will be expanding its crypto payment scheme to Europe by the end of July. This decision comes after the successful launch of Ferrari's crypto...
Mt. Gox Creditors Face Failed Login Attempts During Repayment Process
Creditors of the now defunct crypto exchange Mt. Gox are facing a concerning issue during the repayment process. It seems that someone is attempting to log into their accounts, causing multiple failed login attempts...
Ethereum ETFs Excite Bit Digital, But Lack Staking Features
Bit Digital is excited about the upcoming launch of Ethereum ETFs, seeing it as a potential catalyst for the price of Ethereum. The company believes that this will help in the normalization and adoption...
Investors Boost Metaplanet Stock by 10% with Bitcoin Purchase, Holdings Reach 225 BTC
Metaplanet, a company based in Japan, recently made a significant purchase of Bitcoin, acquiring 21.88 BTC worth ¥200 million (equivalent to $1.26 million). This purchase was made at an average price of ¥9 million...
