Bitcoin can help diversify the state’s portfolio, according to Patronis. The manager says that BTC is a refuge from the volatility of other larger assets. The head of the Florida governor’s finance office, Jimmy Patronis, proposed the use of bitcoin (BTC) as part of the state’s strategic reserve. In a letter to the State Board … Read more
Bitcoin (BTC) exchange-traded funds (ETFs) in the United States yesterday reported inflows of more than $870 million, the third highest figure since these financial instruments went on the market in January 2024. According to data from SosoValue, BlackRock’s iShares Bitcoin Trust (IBIT) had positive capital flows of more than 642 million dollarswhile the Fidelity Wise … Read more
26 Eurasian countries make up the SCO, including main members and partners. The Secretary General of the SCO said that they seek the formation of a new world order. The Shanghai Cooperation Organization (SCO) has decided to follow the path marked by the BRICS alliance, now that it has ten member countries, fourteen partners and … Read more
“We think we are doing the best we can,” Ardoino said. Tether would be under scrutiny by authorities in the US and other countries for compliance issues. Paolo Ardoino, the CEO of Tether Limited, the company that issues the USDT stablecoin, faced public and media scrutiny after the publication of an article in the Wall … Read more
It took the work of a group of bitcoiners to change the candidate’s opinion. The idea of raising millions of dollars in donations through cryptocurrencies seduced Trump. “I am not a supporter of Bitcoin or other cryptocurrencies, which are not money and whose value is very volatile and based on nothing,” said the presidential candidate … Read more
The US needs to cut interest rates “desperately”, analysts explain. Low interest rates stimulate investment in assets considered “risky.” The financial markets are closely following the excessive growth of the public debt of the United States, which already exceeds the barrier of 35 trillion dollars. Some analysts assure that the situation could worsen in the … Read more
Beyond the various economic calendar data expected for this week, there are three that could particularly have an impact on the financial markets. Of course, this includes the bitcoin (BTC) and cryptocurrency sector, so it should not be overlooked by its traders. On Thursday, October 31, The personal consumption expenditure (PCE) index of the main … Read more
This article was written by Iñaki Apezteguia. Apezteguia is a specialist in cryptocurrencies and fundamental market analysis. He is currently co-founder of Crossing Capitalcarrying out global representation and crypto research for operating strategy. With 7 years of experience in the sector, Iñaki is also editor of Inversor Global, the number 1 financial publication company in … Read more
Emory University, in Atlanta, United States, reported holding nearly 2.7 million shares of the Grayscale Bitcoin Mini Trust (ticker: BTC). This is one of two bitcoin ETFs issued by the company Grayscale. The fact is striking because could be the start of a growing trend if other universities followed in Emory’s footsteps. Although ETFs have … Read more
Tether, the issuing company of the USDT stablecoin, expanded its bitcoin (BTC) reserves after its latest purchase. According to its CEO, Paolo Ardoino, The firm has more than 82,454 BTC in its treasuriesvalued at 5 billion dollars. In this way, ranks as the third company with the most bitcoin between its stores of value behind … Read more