Strategy’s rough performance this year has led some investors to question whether the company’s bold Bitcoin approach is losing steam. A closer look at its long-term track record shows the company still holding strong gains on its Bitcoin portfolio. Google Finance figures show Strategy’s stock has dropped nearly 60% over the past twelve months and…
The U.S. Commodity Futures Trading Commission (CFTC) is exploring a proposal that would allow tokenized assets—including popular stablecoins—to be used as collateral in regulated derivatives markets. Acting Chair Caroline Pham announced the initiative on Tuesday, inviting public feedback until October 20. “The public has spoken: tokenized markets are here, and they are the future,” Pham…
The El Salvador Bitcoin Office celebrated “Bitcoin Day” this Sunday, marking the fourth anniversary of the Bitcoin legal tender law taking effect in September 2021. In a post on X, the office noted key milestones achieved over the past years. The country’s Bitcoin strategic reserve now holds 6,313 BTC, valued at over $702 million at…
Harvard Management Company, the steward of Harvard University’s $53.2-billion endowment, has disclosed a substantial investment in BlackRock’s iShares Bitcoin ETF, signaling growing institutional interest in digital assets. According to a Friday filing with the U.S. Securities and Exchange Commission (SEC), Harvard held roughly 1.9 million shares of the ETF as of June 30, 2024, valued…
The political divide in the US Congress over digital assets is growing sharper as top Democrats push back against Republican efforts to advance three crypto-related bills this week. House Financial Services Committee ranking member Maxine Waters and digital assets subcommittee ranking member Stephen Lynch announced on Friday that they would lead Democrats in opposing what…