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The Brooks School Tech Policy Institute (BTPI) at Cornell University has launched a $1 million research project to explore the relationship between Bitcoin and financial freedom in authoritarian countries. Led by BTPI Director Sarah Kreps, the research aims to understand how individuals use Bitcoin and stablecoins for financial security in
The Senate has passed legislation H.J.Res. 109 to overturn the SEC's Staff Accounting Bulletin (SAB) No. 121, which prevents highly regulated financial firms from custodying Bitcoin and cryptocurrencies. The vote was 60 to 38, showing bipartisan support. The resolution, which already passed the House, aims to
Recent 13F SEC filings have unveiled that several major U.S. financial institutions are committing significant funds to Bitcoin through spot ETFs. These filings, which disclose the holdings of institutional investors with over $100 million allocated, have drawn considerable attention. Following the SEC's approval of several spot Bitcoin
Bitcoin • Markets • May 17, 2024Recent 13F SEC filings have unveiled that several major U.S. financial institutions are committing significant funds to Bitcoin through spot ETFs. These filings, which disclose the holdings of institutional investors with over $100 million allocated, have drawn considerable attention. Following the SEC's approval of several spot Bitcoin
Bitcoin • Markets • May 17, 2024The Brooks School Tech Policy Institute (BTPI) at Cornell University has launched a $1 million research project to explore the relationship between Bitcoin and financial freedom in authoritarian countries. Led by BTPI Director Sarah Kreps, the research aims to understand how individuals use Bitcoin and stablecoins for financial security in
Bitcoin • Economy • May 17, 2024The Senate has passed legislation H.J.Res. 109 to overturn the SEC's Staff Accounting Bulletin (SAB) No. 121, which prevents highly regulated financial firms from custodying Bitcoin and cryptocurrencies. The vote was 60 to 38, showing bipartisan support. The resolution, which already passed the House, aims to
Bitcoin • Politics • May 16, 2024According to a Financial Times report, The Chicago Mercantile Exchange (CME), the world's largest futures exchange, plans to offer spot Bitcoin trading on its platform. This initiative would provide hedge funds and institutional traders with a regulated venue for Bitcoin trading. CME is already a leader in Bitcoin
Bitcoin • Business • May 16, 2024Millennium Management, an investment management company, has disclosed holdings of nearly $2 billion in spot Bitcoin ETFs through an SEC 13F-HR institutional investment manager holdings report filed today. This disclosure highlights the growing interest and investment in Bitcoin ETFs by major institutional players. The firm reported owning a combined total
Bitcoin • Business • May 16, 2024Vanguard, one of the world's largest investment firms, has appointed Salim Ramji as its new CEO. Ramji previously led BlackRock's ETF business and was instrumental in launching its spot Bitcoin ETF, IBIT, in January. Ramji will replace Vanguard's outgoing CEO, Tim Buckley, who has
News • Bitcoin • May 15, 2024El Salvador has mined nearly 474 Bitcoin, valued at approximately $29 million, since September 2021 using geothermal energy from the Tecapa volcano, according to official data. This brings the country's total Bitcoin holdings to 5,750 Bitcoin, worth over $360 million. The geothermal energy mining operation is a
News • Bitcoin • May 15, 2024The State of Wisconsin Investment Board (SWIB) has disclosed significant investments in Bitcoin Exchange-Traded Funds (ETFs) through a recent filing with the Securities and Exchange Commission (SEC). According to the filing, SWIB holds nearly $100 million worth of BlackRock's spot Bitcoin ETF (IBIT). This disclosure positions SWIB as
News • Bitcoin • May 14, 2024