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Brazil Bans Pension Funds From Cryptocurrency Investments
Brazil’s National Monetary Council (CMN) announced that it forbids closed pension funds from investing in cryptocurrencies like Bitcoin. These are funds that…
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MEMX Exchange Moves To List 21Shares XRP ETF
U.S. securities exchange, MEMX, requested the SEC’s approval to list ERP Exchange-Traded Fund (ETF) as a “Commodity-Based Trust,” a filing revealed. The…
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Bitcoin Giant MicroStrategy Buys Back Debt Amid Tax Uncertainty
MicroStrategy, the world’s largest corporate Bitcoin holder, announced the redemption of $1.05 billion in convertible senior notes due in 2027. This decision…
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Digital Currency Group To Pay $30M In SEC Settlement, Ex-Genesis CEO Fined
Digital Currency Group (DCG) and its former Genesis subsidiary are once again under the spotlight. A $38.5 million settlement with the U.S.…
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FTX Gears Up To Distribute $1.2 Billion To Creditors Post-Trump Inauguration
FTX, a former cryptocurrency exchange powerhouse, is reportedly preparing to distribute $1.2 billion to its creditors, industry insiders shared. This is a…
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North Dakota And New Hampshire Lead Push For State Bitcoin Reserves
The push for Bitcoin as a state-held reserve asset is gaining steam across the United States. New Hampshire and North Dakota are…
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MicroStrategy Plans $2 Billion Stock Offering For Bitcoin Acquisitions
MicroStrategy, already the largest corporate holder of Bitcoin, is planning a major move to deepen its cryptocurrency investment. The company is exploring…
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Hut 8 Exceeds $1B Bitcoin Holding With $100M Purchase
Hut 8, one of North America’s largest Bitcoin miners, has increased its Bitcoin reserves with a $100 million acquisition. The company purchased…
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MicroStrategy Joins Nasdaq-100 As Institutional Bitcoin Adoption Grows
Nasdaq-100 Index, which tracks the 100 largest non-financial companies on the Nasdaq Stock Market, will list Bitcoin-advocate MicroStrategy this month. Other firms…
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Riot Platforms Doubles Down On Bitcoin With $500 Million Purchase
Bitcoin mining giant Riot Platforms has expanded its crypto reserves, purchasing 5,117 BTC for $510 million. The acquisition follows Riot’s recent $525…