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Real Vision CEO and former Goldman Sachs executive Raoul Pal believes increasing global liquidity will soon send Bitcoin (BTC) and other digital assets soaring on a new leg up. Pal tells his 1.1 million followers on the social media platform X that a historical relationship between Bitcoin and the global money supply (M2) metric suggests…
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ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email On today’s episode of CNBC Crypto World, bitcoin jumps back above $80,000 after a Monday sell-off. Plus, senators reintroduce the GENIUS Act with updated provisions for stablecoins and consumer protections. And, Bill Barhydt of Abra discusses what catalysts could push bitcoin to…
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Bitwise has launched an exchange-traded fund (ETF) holding stocks of companies with large Bitcoin (BTC) treasuries, the asset manager said on March 11. The Bitwise Bitcoin Standard Corporations ETF (OWNB) “seeks to track the Bitwise Bitcoin Standard Corporations Index, a new equity index of companies with at least 1,000 bitcoin in their corporate treasuries,” Bitwise…
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Today at the Bitcoin Policy Institute’s “Bitcoin for America” summit in Washington DC, U.S. Senator from Wyoming Cynthia Lummis announced that she is going to reintroduce her strategic Bitcoin reserve legislation in the Senate today. “I am so pleased to announce that today I will be reintroducing The Bitcoin Act,” Senator Lummis stated. “And I’ll…
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A man who has refused to hand over almost 120 Bitcoin, currently worth $9.7 million, to the U.S. government has been found in contempt of court. The judge has warned he will be fined $10,000 a day until the funds are transferred. Court filings accuse Juan Carlos Reynoso of “flagrantly violating” a warrant issued by…
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One of the foremost projects aiming to increase the speed of the Ethereum network is ramping up its work on the world’s original blockchain: Bitcoin. Ethereum layer-2 Starknet, in partnership with BTC wallet Xverse, is aiming to deliver a “full DeFi experience to Bitcoin users.” Xverse said it will “achieve Bitcoin’s DeFi take-off moment,” through…
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Bitcoin (BTC) held by Mt. Gox, the defunct crypto exchange that imploded in 2014, was on the move again on Tuesday following last week’s maneuver, a potential sign of resuming creditors payout after distributing crypto assets worth billions last year. A Bitcoin address linked to Mt. Gox transferred 11,834 BTC, worth about $930 million, to…
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Amid all the turbulence on the crypto market recently, many digital asset enthusiasts are keeping their eyes on the bigger picture. For example, Anthony Scaramucci sees Bitcoin (BTC) reaching $200,000 by year-end. Bitcoin’s price action has been anything but dull as another wild 24-hour cycle brought traders on a roller coaster ride, with the leading cryptocurrency plunging…
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Investment banking firm Cantor Fitzgerald has selected Anchorage Digital and Copper as its Bitcoin custodians and collateral managers as it launches its new digital asset financing business targeting institutional investors. In a March 11 announcement, Cantor Fitzgerald said it is rolling out its Bitcoin (BTC) financing business with $2 billion in initial capital to help…
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Key Takeaways Senator Cynthia Lummis will announce developments on the US strategic Bitcoin reserve. President Trump signed an executive order for a Strategic Bitcoin Reserve managing seized assets. Share this article Senator Cynthia Lummis reintroduced the BITCOIN Act today while attending a Bitcoin-focused conference hosted by the Bitcoin Policy Institute. The event also featured Michael…