Bitcoin
El Salvador's Legislative Assembly has approved sweeping Investment Banking Law that allows private investment banks to hold Bitcoin and other digital assets on their balance sheets. According to Cointelegraph, the law was passed on Thursday and classifies investment banks under different regulations than commercial banks. Investment banks operating
Bitcoin
Strategy executive chairman Michael Saylor expressed no concern about growing institutional interest in Ethereum and other cryptocurrencies. The Bitcoin advocate maintained his commitment to the digital asset during a Bloomberg interview Friday. "I think there is an explosion of innovation across the entire crypto economy," Saylor stated. He
Bitcoin
Harvard Management Company disclosed a $116 million investment in BlackRock's iShares Bitcoin ETF. According to Cointelegraph, the university's endowment fund held 1.9 million shares of the Bitcoin ETF as of June 30. The position ranks as Harvard's fifth-largest equity holding after Microsoft, Amazon,
Bitcoin
World Liberty Financial is exploring plans to establish a publicly traded company that would hold its WLFI tokens, targeting approximately $1.5 billion in fundraising. According to Cointelegraph, the Trump family-backed crypto venture has approached major technology and cryptocurrency investors for the initiative. The deal structure remains under development, but
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Bitcoin layer-2 network Build on Bitcoin (BOB) has secured $21 million in strategic funding rounds since December 2024. According to Cointelegraph, the company raised $9.5 million in its latest strategic round. Castle Island Ventures led the funding alongside new investors including Anchorage, Amber Group, and sats Ventures. Many existing
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Bitcoin miner CleanSpark reported its strongest quarterly performance on record Thursday, posting revenue of $198.6 million for its third fiscal quarter ending June 30. According to Cointelegraph, the revenue represents a 91% increase compared to $104 million in the same period last year. The Las Vegas-based company beat analyst
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London-listed technology firm Satsuma Technology secured £163.66 million ($217.6 million) in gross proceeds from its second convertible loan note round. The funding round closed on July 28 and exceeded its minimum $129 million target by more than 63%. Cointelegraph reports that nearly $125 million of the total was
Bitcoin
Japanese financial giant SBI Holdings announced plans to launch the country's first dual-asset cryptocurrency exchange-traded fund offering exposure to both Bitcoin and XRP. According to Cointelegraph, the company outlined two crypto-based ETF products in its earnings report Thursday. The first proposal combines Bitcoin and XRP in a single
Bitcoin
Brazil's Chamber of Deputies will hold its first public hearing on August 20, 2025, to examine creating a national Bitcoin reserve. According to Cointelegraph, at least six institutions will participate in the discussion, including the Central Bank of Brazil, the Ministry of Finance, crypto advocacy groups, and representatives
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,
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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
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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
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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
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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
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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