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BUSINESS

$5.1 Billion Pension Fund CIO Joins Non-profit Organization Focused on Bitcoin Adoption

Nik -
Ajit Singh joins the Proof of Workforce Foundation's mission of promoting Bitcoin adoption to workforce organizations.
BUSINESS

$1.5 Trillion Wall Street Giant Morgan Stanley Buys Bitcoin ETF Exposure

Vivek Sen -
$1.5 trillion AUM financial giant Morgan Stanley discloses $270 million investment in spot Bitcoin ETFs, positioning itself among major institutional holders.
LEGAL

Senate Passes Bill to Overturn SEC Rule on Bitcoin And Crypto Custody, Biden Threatens Veto

Nik -
The bill now heads to the President's desk.
BUSINESS

CME Exchange to Launch Bitcoin Trading for Hedge Funds and Institutions

Vivek Sen -
CME plans to launch spot bitcoin trading, opening the door for major hedge funds and institutional traders to access a regulated marketplace.
MARKETS

$2 Billion In Spot Bitcoin ETFs: Millennium Management Reveals Investment In SEC Filing

Nik -
The investment management company reported owning over $800 million of BlackRock's Bitcoin ETF alone.
BUSINESS

Creator of the Bitcoin ASIC Says Next Wave of Mining Efficiency is Coming

Spencer Nichols -
Canaan (CAN) Inc CEO Nangeng Zhang shares his outlook on the future of bitcoin mining efficiency, chip design and opportunities in artificial intelligence.
MARKETS

Volcano Bitcoin Mining Gives El Salvador $29 Million Boost

Vivek Sen -
El Salvador taps volcano geothermal energy to mine 474 bitcoins worth $29 million, showcasing renewable Bitcoin mining possibilities.
BUSINESS

Ex-BlackRock Bitcoin ETF Lead Appointed New Vanguard CEO

Vivek Sen -
Vanguard names former BlackRock crypto ETF lead as new CEO, sparking speculation of a pivot towards embracing bitcoin products after years of opposition.
MARKETS

Wisconsin Investment Board Becomes First State Pension To Buy Spot Bitcoin ETFs, Holds Over $162 Million

Nik -
SWIB announced in a new SEC filing that it invested in BlackRock and Grayscale's Bitcoin ETF.
BUSINESS

Tornado Cash Developer Sentenced to 5 Years in Prison for Writing Crypto Software

Vivek Sen -
Tornado Cash developer Alexey Pertsev sentenced to 5+ years in prison for alleged money laundering.
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