Bitcoin

During the 2024 Bitcoin Conference in Nashville, Tennessee, Jan van Eck, CEO of global asset manager and Bitcoin exchange-traded fund (ETF) issuer VanEck, made headlines with his revealing comments about his personal Bitcoin holdings. Van Eck Reveals Personal BTC Holdings During his appearance at the conference, Van Eck began by sharing his perspective on Bitcoin’s growth and evolution over time, likening it to a “teenager” that is not yet fully formed, as many investor classes have not yet joined the…

The post Bitcoin Bounces Back to $67,800: Bullish Signs and Trump’s Speech Fuel the Surge appeared first on Coinpedia Fintech News Bitcoin is back up to $67,800 and fighting the resistance after staying below the $65,000 zone. The lowest price point Bitcoin touched was $63,506.36 before it started riding back up. Let’s understand the reasons behind the rise of Bitcoin. Charts showing Bullish Signs The hourly chart shows small moving averages like 20 and 50 crossing over to the bigger…

The post Michigan’s Pension Fund Dives into Bitcoin: A Bold Move into the Crypto World appeared first on Coinpedia Fintech News The State of Michigan Retirement System has taken a pretty interesting step into the crypto world. On July 26, they filed a 13-F form with the United States Securities and Exchange Commission (SEC) and revealed they’ve bought 110,000 shares in the ARK 21Shares Bitcoin ETF (ARKB). This is worth around $6.6 million. It’s showing us how much institutional investors…

The approval of Bitcoin ETFs by the US Securities and Exchange Commission (SEC) in January 2023 has opened the floodgates for significant institutional investment in the newly approved market. However, US states are also rushing to capitalize on the success of these ETFs by allocating a portion of their pension funds to reap profits and diversify their investments. Wisconsin, Jersey City, Michigan Allocate Millions To Bitcoin ETFs The first state to take the plunge was Wisconsin, which in May 2023 allocated…

Crypto analyst RLinda has revealed that XRP is showing impressive strength despite the decline in Bitcoin and Ethereum’s price. She explained why XRP suddenly has such a bullish outlook, considering that the crypto token has underperformed since the start of the year.  XRP Is The “Strongest” In The Market RLinda mentioned in a post on TradingView that XRP is the strongest in the market. She noted that the crypto token has been holding quite well as traders and investors are…

Jersey City has announced that its municipal pension plan will invest in Bitcoin (BTC) through spot Bitcoin ETFs, in what is being called a symbolic moment for the cryptocurrency industry as it considers wider adoption.  Jersey City’s announcement comes after a similar announcement by the state of Wisconsin, which purchased nearly $100 million worth of BlackRock’s spot Bitcoin ETF.  Jersey City’s Spot Bitcoin ETF Plans  The decision to allocate a percentage of the city’s pension fund to purchase Bitcoin ETFs…

The latest events in the crypto world highlight major happenings like the anticipated Bitcoin 2024 conference and shifting market trends. Ethereum sees a significant rise in active addresses, suggesting heightened blockchain activity. Meanwhile, Ferrari shakes up the auto industry by introducing a new crypto payment option. Discover which coins are poised for growth in this article. The Trump Trade—Bitcoin Nears $68,000, Faces Selling Pressure Before former President Donald Trump’s appearance at the Bitcoin 2024 conference in Nashville, Bitcoin (BTC) peaked…

As the year 2024 approaches, the crypto market is set to witness new trends and influences, especially with the upcoming US presidential election. Attention is turning toward the potential rise of politicized memecoins, driven by high-profile political events. In this piece, we examine the coins that could surge following Trump's speech at the Bitcoin 2024 Conference. TRUMP (MAGA)  TRUMP (MAGA) is currently trading between $5.84 and $9.13, showing signs of weakened bullish momentum. The price has dipped 6.25% over the…

The post MAGA Team Revealed Faces Amidst Nashville Bitcoin Conference -Token Surged 18.31% appeared first on Coinpedia Fintech News The team behind one of the famous Donald themed tokens called MAGA revealed their faces during Bitcoin conference 2024 at Nashville. This is the first time some meme coin team has shown their faces to the world. Let’s explore what this means for the MAGA token and for the investors. Hidden faces behind meme coins There are hundreds of thousands of…