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The Arizona State Senate is contemplating a plan to encourage the Arizona State Retirement System (ASRS) and the Public Safety Personnel Retirement System (PSPRS) to explore the incorporation of Bitcoin ETFs in their investment portfolios. Senate Approval and House Review On February 22, the bill successfully passed the Senate's Third Reading with a 16-13 vote […]

The United States federal government has recently expanded its significant Bitcoin holdings by transferring $922 million from wallets linked to Bitfinex hackers in a seizure. This move marks another step in a series of seizures and asset forfeitures that have helped the US government amass a substantial amount of Bitcoin, establishing it as one of

Introduction In a recent interview, Rachel Aguirre, the head of product for Blackrock's Ishares U.S., discussed the significant inflows witnessed by the firm's new spot bitcoin exchange-traded fund (ETF), known as IBIT. Aguirre highlighted that the IBIT ETF has attracted a diverse group, including retail investors, self-directed investors, and those who were ready to invest

Dencun Upgrade Triumphs on Goerli Testnet After Initial Delay The Ethereum network has achieved a significant milestone by successfully implementing the Dencun upgrade on its Goerli testnet. This upgrade is part of Ethereum's ongoing efforts to introduce cost-effective data storage solutions on its blockchain. Despite a brief four-hour delay caused by a technical glitch, the

Economist and gold bug, Peter Schiff, has made a prediction that the Chair of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, will soon introduce strict regulations for cryptocurrencies. According to Schiff, these new regulations will lead to a significant drop in the price of bitcoin. Unlike previous regulations, Schiff believes that Gensler's focus

Franklin Templeton Recognizes Crypto Potential Franklin Templeton, a leading investment management giant with $1.5 trillion in assets under management, is actively exploring opportunities in the cryptocurrency market. After the recent approval of 11 new spot bitcoin exchange-traded funds (ETFs), Sandy Kaul, the Head of Digital Assets at Franklin Templeton, predicts a surge in filings for

Self-Directed Gold IRAs are fantastic as they allow you to invest in precious metals, without having to deal with any middlemen. In fact, these accounts are so easy that even your grandma could do it! When you purchase physical gold, silver palladium, platinum and Rhodium bars, coins, rounds, and bullion, you’ll get immediate liquidity. However,

Grayscale’s 4,000 Bitcoin Transfer Worth $175M Stirs Speculation Speculation arises as Grayscale's Bitcoin Trust, known as GBTC, reportedly transfers 4,000 bitcoins worth around $175 million. Recent blockchain analytics reveal that these bitcoins were moved from addresses believed to be controlled by Grayscale. Blackrock CEO Larry Fink on Bitcoin: I’m a Big Believer Larry Fink, the

Newly Launched FDUSD Emerges as Fourth-Largest Stablecoin Since its launch on Jan. 1, 2024, FDUSD, the first digital USD stablecoin, has experienced impressive growth, with its market capitalization soaring by $1 billion. As of Jan. 21, 2024, FDUSD has become the fourth-largest stablecoin, valued at $2.61 billion. This marks a significant increase from its initial

Introduction In September 2022, Bitcoin's SHA256 algorithm ranked as the seventh most lucrative proof-of-work (PoW) network for mining. Fast forward a year and four months, and this algorithm has ascended to become the third most profitable crypto network for mining operations. A Shift in Mining Profitability As of January 2024, the ranking of the most