The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have released a joint statement on trading of certain spot crypto asset products such a bitcoin. The joint statement clarifies staff’s views that SEC and CFTC registered exchanges are not prohibited from facilitating the trading of certain spot commodity products. “Today’s […]
El Salvador announced via The Bitcoin Office on X the country has moved its bitcoin into multiply wallets holding up to 500 BTC each. The move comes from concerns on quantum computers’ potential ability to crack SHA-256 encryption, the encryption standard bitcoin uses to secure wallets. El Salvador believes breaking up their bitcoin reserve into […]
Bitcoin’s price dropped by $4K in mere minutes after reports of a Bitcoin Whale dumping 24K bitcoin on Sunday. The 15 minute red candle is one of the biggest seen in recent months. Some are speculating market manipulation to cause bad sentiment in bitcoin. Bitcoin’s price recovered quickly, bouncing back above $113,000. A whale selling […]
The California State Teachers’ Retirement System (CalSTRS) has invested $34.9 million in MicroStrategy (MSTR), adding 25,346 shares to their portfolio. The investment in MSTR exposes CalSTRS indirectly to bitcoin due to Strategy becoming the first and largest bitcoin treasury company, which holds 629,376 BTC. CalSTRS is the 3rd largest pension fund in the United States. […]
Winklevoss Twins Tyler and Cameron, founders of Gemini exchange, have announced they have donated $21 million in bitcoin (188.4547 BTC) to the Digital Freedom Fund PAC. Gemini recently filed for IPO. Tyler Winklevoss commented on X, “The mission of the [Freedom Fund PAC] is to help realize President Trump’s vision of making America the crypto […]
The Bitcoin ethos was abuzz today about a recent comment made by United Stated Treasury Secretary Scott Bessent on FOX Business. Sec. Bessent stated, “We are not going to be buying