Michigan Retirement System Invests $6.59M in Ark Invest’s Bitcoin Fund

July 27, 2024 Bitcoin.com

Ark Invest

According to the latest U.S. Securities and Exchange Commission (SEC) 13-F filing from Ark Invest’s and 21shares’ ARKB fund, the State of Michigan Retirement System (SMRS) acquired approximately $6.59 million in ARKB shares. This news follows an announcement by Steven Fulop, the mayor of Jersey City, New Jersey, that the city’s pension fund will invest […]

Low-Cap Altcoin Surges by More Than 27% This Week Amid New Involvement in CBDC Project

Spot Ethereum ETFs Set to Launch: Blackrock Highlights Rising Demand for Digital Asset ETFs

July 23, 2024 Bitcoin.com

asset managers

Spot ethereum exchange-traded funds (ETFs) are set to debut on Tuesday, July 23, 2024, following approval from the U.S. Securities and Exchange Commission (SEC). Blackrock, the world’s largest asset manager, announced that its Ishares Ethereum Trust ETF (ETHA) will commence trading on Nasdaq on Tuesday, featuring a one-year fee waiver of 0.12% for the first […]

Michigan Retirement System Invests $6.59M in Ark Invest’s Bitcoin Fund

Grayscale Sets Record Date for Ethereum Mini Trust Distribution

July 10, 2024 Bitcoin.com

bitcoin.com

Grayscale Investments has announced a record date of July 18, 2024, for the initial distribution of shares in the newly formed Grayscale Ethereum Mini Trust. The distribution will be allocated to shareholders of the existing Grayscale Ethereum Trust on a 1:1 basis. Grayscale Prepares for July 18 Distribution of Ethereum Mini Trust Shares Grayscale, known […]

Michigan Retirement System Invests $6.59M in Ark Invest’s Bitcoin Fund

Peter Schiff Foresees ‘Explosive’ Growth in Silver Price

July 9, 2024 Bitcoin.com

Bank of America

Economist and gold advocate Peter Schiff has urged investors to buy silver, highlighting its strong performance and potential for significant gains. “Silver is really strong,” he stressed, emphasizing: “An explosive move higher seems likely soon.” Schiff and several other experts see silver as a promising investment amid economic uncertainties. Peter Schiff Recommends Investing in Silver […]

Michigan Retirement System Invests $6.59M in Ark Invest’s Bitcoin Fund

Celebrity crypto tokens will ‘absolutely’ catch SEC’s eye — Lawyers

July 8, 2024 Coin Telegraph

Caitlyn Jenner

Celebrities who have brazenly shilled their memecoins on X in recent months run a high risk of attracting the attention of the SEC and class-action lawsuits.

Celebrities who have recently created and promoted memecoins on Solana could be breaking securities laws and “will absolutely catch the attention” of the United States securities regulator, according to lawyers.

US-based public figures, including Caitlyn Jenner, Iggy Azalea (real name Amethyst Kelly), Jason Derulo (real name Jason Desrouleaux) and many others, have launched and promoted crypto tokens using their likeness since late May.

“Nothing gets the SEC to act faster than shilling a memecoin,” Creo Legal founding director David Chung told Cointelegraph.

Michigan Retirement System Invests $6.59M in Ark Invest’s Bitcoin Fund

$207 Million Invested in AI, Crypto and Blockchain Startups in 96 Hours

July 4, 2024 Bitcoin.com

artificial intelligence

Based on data from the past four days, 14 distinct artificial intelligence (AI), cryptocurrency and blockchain startups and projects secured approximately $207.28 million in investor funding. The leading entity for July is Sentient, an open-source AI platform, which garnered $85 million from Founders Fund, Framework Ventures, and Pantera Capital. Four-Day Funding Frenzy In the initial […]

Michigan Retirement System Invests $6.59M in Ark Invest’s Bitcoin Fund

Ethereum (ETH) Products See Largest Institutional Outflows Since August 2022: CoinShares

July 1, 2024 The Daily Hodl

crypto

Digital assets manager CoinShares says that institutional crypto products sustained outflows last week for the third week in a row. In its latest Digital Asset Fund Flows report, CoinShares says digital asset investment products suffered $30 million in outflows last week. “Digital asset investment products saw a third consecutive week of outflows totaling US$30m, with last […]

The post Ethereum (ETH) Products See Largest Institutional Outflows Since August 2022: CoinShares appeared first on The Daily Hodl.

Michigan Retirement System Invests $6.59M in Ark Invest’s Bitcoin Fund

Week of Woe: Major Crypto Assets Suffer, Some AI Coins Buck Trend

June 24, 2024 Bitcoin.com

AI coins

Over the past week, bitcoin has slid 6.6% while ethereum has lost 5.5% against the U.S. dollar, but a large handful of alternative digital assets saw much bigger losses this past week. The meme coin dogwifhat (WIF) was the week’s biggest loser shedding 31.2% while notcoin (NOT) lost 24.3% this week. Cryptocurrency Meltdown: Broad Losses […]

Michigan Retirement System Invests $6.59M in Ark Invest’s Bitcoin Fund

Exploring Crypto’s Most Expensive Assets: The 5, 4, and 3-Digit Clubs

June 23, 2024 Bitcoin.com

bitcoin.com

Throughout bitcoin’s history, the leading crypto asset has traded at five digits per unit for over 28% of its time. In 2022 and 2022, bitcoin (BTC) and yearn finance (YFI) were the only two tokens trading in the five-digit range; however, currently, only bitcoin maintains that status. The following is an overview of the most […]

Michigan Retirement System Invests $6.59M in Ark Invest’s Bitcoin Fund

Crypto Sector Secures $317M in Venture Capital Deals in Early June

June 17, 2024 Bitcoin.com

Crypto Sector Secures 7M in Venture Capital Deals in Early June

bitcoin.com

With the first half of June concluded, there have been 37 venture capital deals and fundraising events in the crypto sector. Collectively, these investments totaled $317.87 million, with Avail, a modular blockchain project, leading the pack with $43 million. 37 Crypto Startups and Projects Gather $317 Million Crypto investments are ongoing, and in the last […]

Investment

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