Bitcoin
The State of Michigan Retirement System tripled its Bitcoin ETF holdings during the second quarter, according to Cointelegraph. The pension fund now holds 300,000 shares of the ARK 21Shares Bitcoin ETF (ARKB), valued at $10.7 million as of June 30. This represents a substantial increase from the 100,
Bitcoin
The Trump administration released its comprehensive cryptocurrency policy report on Wednesday, outlining specific roles for federal regulators. According to Cointelegraph, the President's Working Group on Digital Assets proposed dividing responsibilities between the Securities and Exchange Commission and the Commodity Futures Trading Commission. The CFTC will gain authority over
Bitcoin
France's Rassemblement National party has drafted legislation to use surplus nuclear energy for Bitcoin mining operations. According to Cointelegraph, party leader Marine Le Pen now supports mining Bitcoin with idle nuclear electricity after previously calling for cryptocurrency bans. RN lawmaker Aurélien Lopez-Liguori spearheaded the proposal in the French
Bitcoin
Curve Finance founder Dr. Michael Egorov has introduced the Yield Basis protocol to address impermanent loss affecting Bitcoin and Ethereum liquidity providers. According to Cointelegraph, the new protocol uses compounding leverage to maintain positions overcollateralized by exactly 200% at all times through borrowed crvUSD. The protocol operates by keeping position
Bitcoin
Maelstrom Fund Chief Investment Officer Arthur Hayes has warned Bitcoin could retrace to $100,000 due to mounting macroeconomic pressures. According to Cointelegraph, Hayes sold over $13 million worth of cryptocurrency assets in anticipation of further market weakness. Hayes offloaded $8.32 million worth of Ethereum, $4.62 million of
Bitcoin
Bitcoin treasury company Strategy has expanded the scope of its STRC offering twice since issuing the corporate security on July 22. According to Cointelegraph, the company announced an at-the-market offering of up to $4.2 billion of its Variable Rate Series A Perpetual Stretch Preferred Stock on Thursday. STRC represents
Bitcoin
Solo Bitcoin miners continue winning full block rewards worth hundreds of thousands of dollars despite the network hashrate approaching record levels. According to Cointelegraph, a solo miner recently secured block 907,283 via the Solo CK pool and earned the full 3.125 BTC reward, worth over $372,000. The
Bitcoin
Bolivia's Central Bank signed a memorandum of understanding with El Salvador's National Commission of Digital Assets on Wednesday. According to Cointelegraph, Bolivia called cryptocurrency a "viable and reliable alternative" to traditional fiat currencies while finalizing the partnership agreement. The agreement between Central Bank of
Bitcoin
Corporate cryptocurrency treasury firms have accumulated approximately $100 billion worth of digital assets, according to Galaxy Research data released Thursday. The milestone reflects growing institutional confidence in digital currencies as legitimate reserve assets. Bitcoin treasury firms control the majority of these holdings, with over 791,662 BTC worth about $93
Bitcoin
Indonesia updated its cryptocurrency taxation policies through two new regulations issued Monday by the Ministry of Finance. According to Cointelegraph, regulations 50/2025 and 53/2025 change tax rates for different crypto activities effective August 1. The income tax on crypto asset sales through domestic exchanges increased from 0.1%
Bitcoin
Twenty One Capital is exploring a Bitcoin-backed USD lending program according to a Bloomberg report published Wednesday. Cointelegraph reports the crypto company recently acquired 5,800 Bitcoin from Tether, expanding its holdings to 43,500 BTC worth approximately $5.13 billion. The firm's spokesperson told Bloomberg that everything
Bitcoin
The National Bank of Ras Al Khaimah became the first conventional bank in the UAE to offer retail cryptocurrency trading services. Cointelegraph reported Tuesday that the government-owned institution launched a crypto brokerage service through its mobile banking application. The service allows customers to buy, sell and swap cryptocurrencies directly from
Bitcoin
Bitcoin early adopters are reducing their holdings as institutional adoption accelerates, according to crypto analyst Scott Melker. The analyst sparked heated community debate by claiming that longtime Bitcoin supporters have lost confidence in the cryptocurrency's direction. According to Cointelegraph, Melker stated that "many of the most ardent
Bitcoin
According to Cointelegraph, San Francisco-based lender Divine Research has issued approximately 30,000 unbacked short-term crypto loans since December 2024. The platform uses OpenAI CEO Sam Altman's iris-scanning World ID system to verify borrower identities and prevent multiple account creation after defaults. Divine offers loans under $1,000
Bitcoin
El Salvador's Bitcoin reserve has produced minimal benefits for the broader population despite the government's continued accumulation of the digital asset, according to Cointelegraph. Quentin Ehrenmann, general manager at My First Bitcoin, told Reuters that the country's loan agreement with the International Monetary Fund
Bitcoin
Tyler Winklevoss accused JPMorgan Chase of suspending Gemini's re-onboarding process this week after he publicly criticized the bank's new data access fees. According to Cointelegraph, the Gemini co-founder claimed the bank retaliated against his crypto exchange following his vocal opposition to JPMorgan's controversial billing