Microsoft may be open to Ethereum ETF with staking, VanEck head of crypto research speculates
Dec 12, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Microsoft is potentially interested in exploring crypto investments like spot Ethereum ETFs with staking. Currently, US Ethereum ETFs lack staking features due to SEC regulatory concerns. Share this article Microsoft has rejected a Bitcoin investment proposal, but the company may be open to exploring other crypto investment opportunities. VanEck’s head of digital assets […]
Trump: ‘We’re going to do something great with crypto’ as he rings the NYSE bell
Dec 12, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Trump: ‘We’re going to do something great with crypto’ during NYSE bell-ringing. Trump claims US must double energy production to lead in AI during NYSE event. Share this article Donald Trump rang the opening bell at the New York Stock Exchange Thursday, celebrating his election victory and unveiling plans to cement the US’s […]
Avalanche secures $250M in funding round led by Galaxy Digital, Dragonfly, and ParaFi Capital
Dec 12, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Avalanche Foundation raised $250 million in a token sale led by Galaxy Digital, Dragonfly, and ParaFi Capital. Avalanche plans to launch ‘Avalanche9000’, reducing deployment costs with a subscription-based fee model. Share this article Avalanche Foundation has closed a $250 million funding round led by Galaxy Digital, Dragonfly, and ParaFi Capital, Forbes reported Thursday. […]
Australia’s big super fund allocates $27 million to Bitcoin: report
Dec 12, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways AMP allocated $27 million to Bitcoin, marking Australia’s first super fund investment in the digital asset. The Bitcoin investment aims to enhance returns and manage risk as part of AMP’s diversification strategy. Share this article AMP has become Australia’s first superannuation fund to invest in Bitcoin. The company confirmed Thursday it had allocated […]
Mt. Gox-linked wallet moves over 2,300 BTC as Bitcoin reclaims $100K
Dec 12, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Mt. Gox moved over 2,300 BTC to an unidentified wallet, marking another significant transfer this month. The transfers coincide with the Bitcoin price hitting $100,000, amid potential Federal Reserve policy changes. Share this article A wallet linked to the defunct crypto exchange Mt. Gox moved 2,324 Bitcoin worth $234 million to an unidentified […]
a16z crypto policy lead Brian Quintenz emerges as leading candidate for CFTC chair under Trump administration
Dec 11, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Brian Quintenz, linked with a16z crypto, is a leading contender for the CFTC chair position under Trump’s new administration. With Paul Atkins nominated to lead the SEC, it is anticipated that Trump’s transition team will soon announce their pick for the CFTC chair. Share this article President-elect Donald Trump’s transition team has wrapped […]
Vancouver approves motion to explore Bitcoin as a reserve asset
Dec 11, 2024
Jeremy Parkinson
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Key Takeaways The Vancouver City Council has approved a motion to make the city “Bitcoin-friendly.” Mayor Sim advocates for the adoption of Bitcoin as a means to protect the city’s purchasing power from inflationary pressures. Share this article Vancouver City Council has greenlit a proposal to explore the incorporation of Bitcoin into municipal financial operations, […]
Riot Platforms completes $525M offering to buy Bitcoin
Dec 11, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Riot Platforms raised $525 million to fund Bitcoin purchases and operations. Riot currently holds 12,000 Bitcoin, valued at approximately $1.2 billion. Share this article Riot Platforms, a leading Bitcoin mining company, has completed its $525 million senior note offering, according to a filing with the SEC. The private offering, initially announced earlier this […]
Vancouver City Council to discuss proposal exploring Bitcoin as a reserve asset today
Dec 11, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Vancouver city council is reviewing a proposal to explore Bitcoin as a reserve asset. The proposal aims to diversify the city’s financial reserves despite opposition citing Bitcoin’s volatility and legal restrictions. Share this article The Vancouver City Council will meet today to discuss numerous items, including a proposal from Mayor Ken Sim to […]
Google to launch advanced AI agents under its new Gemini 2.0 release
Dec 11, 2024
Jeremy Parkinson
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Key Takeaways Google launches advanced AI agents to lead the agentic era as part of its new Gemini 2.0 release. Google introduces Deep Research feature in Gemini 2.0, enabling advanced reasoning and report compilation for complex topics. Share this article Google has announced its plans to launch advanced AI agents under its new Gemini 2.0 […]