Bitcoin Fund Launches as Brazil Embraces Crypto
Brazil eases crypto rules for banks; Colombian pension fund plans Bitcoin product; @Revolut seeks Peru banking license. #Update #Crypto $BTC
Brazil eases crypto rules for banks; Colombian pension fund plans Bitcoin product; @Revolut seeks Peru banking license. #Update #Crypto $BTC
Colombia’s AFP Protección plans to launch a Bitcoin investment fund for qualified investors, following Skandia’s similar move. The fund aims to diversify portfolios without altering core pension investments. #Update #Crypto $BTC
@GameStop transferred 4,710 BTC, valued at $420 million, to Coinbase Prime, raising speculation of a potential exit from its bitcoin position amid market pressures. #Update #Crypto $BTC
Bitwise launched the Bitwise Proficio Currency Debasement ETF (NYSE: BPRO) offering Bitcoin and gold exposure amid fiat currency debasement concerns. #Update #Finance
Bitcoin’s price hovers around $90,000 as miners show recovery signs, with the Miner Financial Health Index indicating potential stability. #Update #Crypto $BTC
ZBD secures $40M Series C led by Blockstream Capital to expand bitcoin payment rails for gaming. #Update #Fintech
Bitcoin nodes signaling support for Bitcoin Improvement Proposal 110 (BIP-110) reached 2.38%, with 583 out of 24,481 nodes participating, amid ongoing debates over transaction data limits. #Update #Crypto $BTC
Coinbase establishes an independent advisory board to address quantum computing risks to blockchain security, reflecting growing pressure for post-quantum standards. #Update #Crypto $BTC
A large investor moved $1.53M in $USDC to buy $XAUT, impacting Bitcoin prices, which dipped slightly. The investor still holds $1.44M in $USDC for potential further purchases. #Update #Crypto $BTC
@Bitfarms pivots from bitcoin mining to AI HPC, shedding Latam sites for a North American energy footprint. Will this strategic shift succeed? #Update #Tech
William Panzera sentenced to 12 years for using Bitcoin in a fentanyl trafficking network importing over a metric ton of drugs from China. #Breaking #Legal
Ark Investment Management files with SEC for a futures-based crypto ETF led by $BTC, $ETH, and $XRP, offering diversified exposure without direct token ownership. #Update #Crypto $BTC
US-based spot Bitcoin ETFs see $1.72B in outflows over five days amid declining market sentiment, with Bitcoin priced at $89,160 and the Crypto Fear & Greed Index indicating “Extreme Fear.” #Update #Crypto $BTC
Robert Kiyosaki predicts silver will hit $200 as he buys more $BTC, citing U.S. debt and dollar erosion as key factors driving investors to hard assets. Crypto $BTC