Grayscale Investments adjusts its fund portfolios, allocating 90% of its Digital Large Cap Fund to Bitcoin and Ethereum. Quarterly rebalancing impacts DeFi and AI funds, introducing Curve and Livepeer while removing Avalanche and Synthetix. Grayscale ETFs continue to face substantial outflows.
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Category: Bitcoin
U.S. Entities Hold 65% More Bitcoin Reserves Than Non-U.S. Entities
U.S.-based entities now control 65% more Bitcoin reserves than their non-U.S. counterparts, according to data from CryptoQuant.
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Oklahoma Senator Pushes Bill to Allow For Bitcoin for Wages and Payments
Oklahoma Senator Dusty Deevers has introduced the Bitcoin Freedom Act (SB325), aiming to integrate Bitcoin into the state’s economy.
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Why Did Bitcoin Suddenly Crash? Key Factors Behind the BTC Plunge
Bitcoin drops to $94,835 as U.S. economic data sparks bearish sentiment. Key levels to watch: support at $92,500, resistance at $96,080.
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Bitcoin Breaks Below $97K with $555M Liquidated as US Economic Indicators Strengthen
Bitcoin fell below $97,000 on Tuesday as strong US economic data fueled concerns about delayed Fed policy easing.
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Nation States Risk More by Ignoring Bitcoin Than Allocating It: Fidelity
Fidelity warns that avoiding Bitcoin poses greater risks for nations, urging deliberate adoption as 2025 could see increased acceptance.
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Bitcoin Slips Below $97K: Is the Bull Run Losing Steam?
Bitcoin drops below $97,200, signaling bearish momentum. Explore key levels, institutional trends, and regulatory developments shaping BTC’s outlook.
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Exec Declares Bitcoin the Most Reliable Money Ever – $1 Million BTC Possible?
Bitcoin reclaims investor confidence with $19T in 2024 transactions. Explore BTC milestones, predictions, and the 2025 technical outlook for crypto enthusiasts.
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Czech Republic Central Bank Explores Bitcoin as Reserve Asset
Governor Aleš Michl of the Czech National Bank considers Bitcoin as a potential reserve asset to diversify the bank’s portfolio. While Bitcoin’s volatility raises questions, the bank focuses on increasing gold holdings, signaling cautious steps toward integrating cryptocurrency into financial strategies.
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Bitcoin Miners Raise Billions to Tackle Rising Energy Costs: Report
Bitcoin miners in the US raised $3.7B to address rising energy costs and operational challenges. With record-high hash rates, growing AI energy competition, and global expansion efforts, companies are diversifying to remain competitive.
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