According to OKG Research, there are currently 21 states in the United States that have proposed bills related to the Strategic Bitcoin Reserve (SBR). Among them, Utah, Oklahoma and Arizona have made the fastest progress. Utah is expected to become the first state to implement the SBR. Its bitcoin reserve bill has been voted by the House Economic Development Committee on January 28 and is currently awaiting consideration by the Senate. If passed, it will take effect as soon as May 7 this year. I...
According to Cointelegraph, a total of 27 states in the United States have proposed bitcoin and digital asset bills.
In a bill introduced on Friday by Senator Joe Gruters, Republican of Florida, that would allow the state to invest in bitcoin and other cryptocurrencies, the senator proposed allowing Florida's chief financial officer to use public funds "to invest in bitcoin and other digital assets for a purpose", according to documents. Last October, Florida Chief Financial Officer Jimmy Patronis...
The Cboe BZX exchange filed a 19b-4 filing on behalf of Bitwise, 21Shares, WisdomTree, and Canary Capital to list and trade spot exchange-traded products tracking XRP, the fourth largest cryptocurrency by market cap. The 19b-4 petition is the second part of a two-step process for filing a cryptocurrency ETF application with the Securities Exchange Commission. Once approved by the Securities Exchange Commission, the application will be published in the Federal Register, initiating the agency's ap...
According to BitcoinMagazine, Indiana Rep. Jake Teshka has introduced legislation that would allow pension funds to purchase bitcoin ETFs.
According to Bloomberg, Perplexity AI, a technology company backed by Bezos and Nvidia, filed for a merger with TikTok U.S. operations to dodge the impending shutdown. TikTok's Chinese parent company, ByteDance, was ordered by the United States to sell or close by Sunday. The deal will allow ByteDance investors, including heavyweights such as Sequoia Capital and SoftBank, to keep their shares.
Cleveland Fed President Mark Hammarck dissented at the third Fed meeting, where she only participated in decision-making. She opposed the idea that interest rates had to be cut due to market expectations at the time, and said her objection was supported by Powell and other colleagues. Click to view > >
According to The Data Nerd, Wintermute raised 10 million ARBs (~ $7.61 million) and 2 million OPs (~ $3.74 million) from Binance 5 hours ago. Currently, its wallet holds 17.20 million ARBs (~ $13.13 million) and 2.055 million OPs (~ $3.86 million).
According to on-chain analyst Ember monitoring, the whale that bought 2.2165 trillion MOG on the chain after raising 1,805.9 ETH (6.02 million USD) from Bitget transferred the last 950.50 billion MOG (2.19 million USD) into Bitget 7 hours ago. It bought at an average price of 0.0000027 USD on the chain and then transferred to Bitget at an average price of 0.0000024 USD, losing 660,000 USD.
According to on-chain data analyst Ember, the whale that bought 2.2165 trillion MOG on the chain after raising 1,805.9 ETH (worth $6.02 million) from Bitget also transferred the last 950.50 billion MOG (worth $2.19 million) to Bitget 7 hours ago. He bought on-chain at an average price of $0.0000027 and transferred to Bitget at an average price of $0.0000024, losing $660,000.