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Author: James Wilson
Wisconsin more than doubled its Bitcoin exposure in three months, while Abu Dhabi’s sovereign wealth fund publicly disclosed its Bitcoin purchase. The State of Wisconsin Investment Board acquired an additional 3.1 million shares of BlackRock’s iShares Bitcoin (BTC) Trust in Q4 2024, according to a 13F filing with the Securities and Exchange Commission Last year, Wisconsin became the first sovereign fund to gain exposure to Bitcoin ETFs. Initially, the board purchased nearly 95,000 IBIT shares and also invested in the Grayscale Bitcoin ETF. By August, Wisconsin had increased its holdings to approximately 2.9 million shares. As of the latest filing,…
Inversion Capital, led by angel investor Santiago Roel Santos, is launching a custom Layer 1 blockchain on Avalanche to bring businesses onchain. Inversion will use the new blockchain to execute a private equity strategy — acquiring traditional businesses and integrating them with blockchain technology. This is comparable to private equity firm KKR’s financial engineering approach — but with crypto engineering. Inversion’s approach to crypto adoption differs from traditional methods. Instead of convincing businesses to adopt blockchain, Inversion will buy companies and integrate blockchain into their operations, according to a note shared with crypto.news The company plans to use blockchain to…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Meme coins rise in politics, but CAR coin’s controversy raises doubts. XYZ, a sports-themed coin, stands out with real promise. Meme coins are storming the political scene, with new tokens popping up like mushrooms after the rain, riding the wave of TRUMP coin’s success. But are they really trustworthy? Where there is hype, there is risk. Take the Central African Republic Meme (CAR), a crypto project launched by the government of the Central African Republic and promoted by President…
Pudgy Penguins token is showing signs of bottoming out after crashing nearly 90% from its all-time high. Pudgy Penguins (PENGU) price rose to $0.011 on Friday, up by almost 20% from its all-time low. The token’s rebound comes as third-party data shows a sharp decline in Pudgy Penguins sales due to waning demand. According to CryptoSlam, sales have plummeted 55% in the past seven days to $5.1 million. The number of transactions fell 45% to 186, while the number of buyers dropped to just 97. Sales have also declined over the past 30 days, falling 57% to $44 million. During…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Pepe Ascension is shaking up the meme coin space with Ethereum Layer 2 speed, unique branding, and real utility. Meme coins are a dime a dozen, and the market is flooded with a new variety of mischievous-looking animated characters every few days. Trump on Wheels? Cat with Bag? That’s just a regular Tuesday in the crypto world. But most of these meme projects have little to no utility and tend to fade into obscurity after their 15 minutes of…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Crypto buzzes as a new digital asset emerges, sparking excitement for potential gains in the bullish market. Crypto enthusiasts are buzzing with excitement as they search for the next big opportunity. Following last year’s phenomenal rise of some unexpected coins, a new contender is emerging on the scene. With the current bullish market climate, anticipation is building around this fresh digital asset that promises remarkable gains. Stay tuned to discover if this coin could be the next crypto jackpot.…
Georgia State Senator Greg Dolezal has introduced Senate Bill 178, which aims to permit the state treasurer to invest in Bitcoin. The bill, co-sponsored by Senators Brandon Beach and Clint Dixon, has been added to the Senate Hopper for consideration. If passed, this legislation would authorize Georgia’s state treasurer to include Bitcoin (BTC) in the state’s investment portfolio. This move reflects a growing interest among U.S. states in exploring digital assets as part of their financial strategies. As of now, Senate Bill 178 awaits further discussion and approval within Georgia’s legislative process. Its progress will be closely watched by those…
In the Feb. 6 episode of the Lunaticoin podcast, the third richest businessman in Mexico Ricardo Salinas criticized Europe for leaning towards Central Bank Digital Currencies and having weak investment vitality. During the podcast episode, Grupo Salinas, founder and author of the book The Bitcoin Enlightenment: Ending the Fiat Dark Age, Ricardo Salinas, compared Europe to a museum, saying that nothing happens there and it has a weak investment climate. He criticized European regulators for preparing to enforce CBDCs on residents, whom he compared to animals kept in the cages of the zoo. Salinas said that the way out for them is…
A former Near Protocol employee had an awkward moment on a public call when he accidentally shared his screen, revealing some NSFW images—and it just so happened to line up with a little price bump for the NEAR token. Andrew Krynin, ex-business development manager, was on a livestream with Near contributor Cameron Dennis when two suggestive pics popped up for everyone to see. Viewers got a glimpse of his laptop files, and clips of the mishap quickly made the rounds on X. Near Protocol (NEAR) responded with a formal apology, saying they take “full responsibility,” and removed the video shortly…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solana meme coins are gaining traction among big investors, with some showing explosive growth potential. Here are three tokens catching the spotlight. A new wave of meme coins on the Solana network is drawing attention from major investors. These tokens show signs of skyrocketing in value, capturing the interest of those looking for huge returns. Discover three Solana-based memecoins that are becoming favorites among big holders and could be poised for explosive growth. DOGEN explodes: Is this the next…