The Ohio Bitcoin Reserve Act seeks to incorporate bitcoin into the state’s financial reserves while diversifying its investment portfolio. Rep. Merrin Wants Bitcoin in Ohio’s State Treasury Ohio State Representative, Derek Merrin has introduced the Ohio Bitcoin Reserve Act, a legislative bill granting the state treasury the authority to invest in bitcoin (BTC). This bill […]
According to a report from Blockspace Media, there’s a new entity on the block that has quietly climbed to become the third-largest publicly listed mining firm in terms of hashrate. Stealth Hashrate: Cango’s Surprising Crypto Pivot There’s a publicly listed Chinese car company called Cango that has shifted gears from automotive financing and car trading […]
Bitcoin and ethereum exchange-traded funds (ETFs) had a smashing day on Tuesday, gobbling up a collective total of $ 638.69 million in positive inflows. $ 639M Inflows Propel Bitcoin and Ethereum Funds U.S. crypto ETFs were on fire Tuesday with spot BTC ETFs hauling in $ 493.95 million and the ETH ETFs …
Law enforcement’s swift action seized $ 900,000 in bitcoin from a Nigerian fraud scheme, and its soaring value may fully reimburse victims of a $ 1 million scam. Bitcoin Boom: Law Enforcement’s Quick Move Recovers Millions for Scam Victims The U.S. Attorney’s Office for the Western District of Washington announced on Monday that …
Pantera Capital founder Dan Morehead backs the U.S. proposal for a strategic bitcoin reserve, urging a pivot from gold to “digital gold” to secure financial leadership. Dan Morehead Champions US Bitcoin Reserve Proposal Dan Morehead, founder and managing partner of hedge fund and venture capital firm Pantera Capital, appeared on CNBC’s ‘Fast Money’ last week […]