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Massachusetts to Hold Hearing to Consider Bitcoin Reserve Bill – AabeyLLC Crypto
A committee in the legislature of the US state of Massachusetts is scheduled to hear discussions about a Bitcoin strategic reserve bill first introduced in February. In a Friday update to a bill “relative to a Bitcoin strategic reserve” introduced by Republican state Senator Peter Durant, Massachusetts’ Joint Revenue Committee will hold a hearing to…
Institutional Inflows to Bitcoin ETFs Show Promising Indicator, Says Coinbase Report
Coinbase has reported that updated 2Q 2024 13-F filings indicate a notable increase in institutional inflows into U.S. spot Bitcoin ETFs, which the company views as a “promising indicator” for the Bitcoin market. The 13-F filings, released on August 14, reveal that institutional ownership of these ETFs grew from 21.4% to 24.0% between Q1 and Q2 of…
Bitcoin ETF Inflows Surge: BlackRock IBIT Fuels Massive $678M Gain
The world of cryptocurrency investment is constantly buzzing, and recent data from the US spot Bitcoin ETFs has certainly grabbed attention. On May 2nd, these investment vehicles witnessed a significant net inflow, indicating renewed investor interest. This development is particularly noteworthy as it marks a positive shift following periods of volatility in the crypto market….
Bitcoin Spikes as Fed Skips Rate Cut—No ‘Hurry’ Despite Trump Demand – Decrypt
The Federal Reserve left its benchmark interest rate unchanged Wednesday, hitting the pause button on its easing campaign after delivering three interest rate cuts in a row. And Bitcoin appeared to fall sharply at first before spiking to a three-day high. The decision, which was widely expected among Fed futures traders, kept the federal funds…
Riot Platforms (RIOT) Launches $525 Million Convertible Notes Offering
Darius Baruo Dec 10, 2024 06:18 Riot Platforms announces a $525 million offering of 0.75% convertible senior notes due 2030, aimed at bolstering Bitcoin acquisitions and general corporate purposes. Riot Platforms, Inc. (NASDAQ: RIOT), a major player in the Bitcoin mining sector, has unveiled the pricing for…
Solana Futures Volume Surges 252% In July; Remittix ICO Soars Past $18M Raised As Listing Announcements Near
Futures traders notably increased trading in Solana (SOL) during July, exploding futures trading volume by 252%. Meanwhile, an otherwise quieter but no less formidable competitor is gaining traction among early adopters — Remittix (RTX), a payments-focused protocol already having surpassed $18 million raised. This new utility token is gaining traction heading into its listing cycle….
