Texas reportedly kicks off state bitcoin reserve with $5 million IBIT purchase: ‘More wild stuff’
A $10M budget allocation for BTC was approved with the reported $5M trade representing the first step toward deploying those funds. Source link
Finance
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Arthur Hayes Predicts Bullish Bitcoin Recovery, Expects Traders To Maintain $80K Support
Advertisement     BitMEX co-founder Arthur Hayes has backed a steady market recovery after weeks in the doldrums. Bitcoin (BTC) led crypto assets gains this...
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Texas Buys $5 Million in Bitcoin in First State-Level Purchase of BlackRock’s Spot ETF
Texas has purchased $5 million of BlackRock’s iShares Bitcoin Trust (IBIT), becoming the first U.S. state to gain exposure to Bitcoin through a spot ETF...
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Kraken Rolls Out Cashback Card and Salary Deposit for Krak App
Kraken launches a cashback debit card and salary deposit, expanding wealth tools for its Krak app to rival traditional banks. Kraken has introduced major upgrades...
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Dogecoin Price Pops 3% As Grayscale’s GDOG ETF Debuts
Join Our Telegram channel to stay up to date on breaking news coverage The Dogecoin price has jumped 3% in the last 24 hours to...
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Is MicroStrategy’s Bitcoin Premium Over? Why mNAV Is Collapsing
MicroStrategy’s market premium over its Bitcoin holdings has narrowed to near parity, raising questions about the future of Michael Saylor’s levered Bitcoin model. The latest...
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ETH Slow Recovery Near $2,900 Shifts Market Interest to GeeFi (GEE), Presale Reports Over 6M Tokens Sold
Advertisement     Disclaimer: The below article is sponsored, and the views in it do not represent those of ZyCrypto. Readers should conduct independent research...
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ETF News: VanEck Abandons Staking Feature in Proposed BNB ETF
VanEck dropped staking plans for its proposed spot BNB ETF. This decision aims to boost regulatory approval chances, despite prior staking in a Solana product....
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Galaxy Digital To Offer Liquidity To Polymarket, Kalshi
Join Our Telegram channel to stay up to date on breaking news coverage Digital asset investment manager Galaxy Digital is in discussions to provide liquidity...
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From Platform to Ecosystem, SunPerp Rebrands as SunX
SunPerp rebrand launch was broadcast live on HTX. Justin Sun, Advisor to SunPerp and HTX attended the event and officially announced that SunPerp will rebrand...
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The Daily: Polymarket allowed to resume US operations, Grayscale and Franklin XRP ETFs each clock over $60M in debut inflows, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons. Source link
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Metaplanet Borrows Another $130 Million Against Its Bitcoin Stash To Load Up On More BTC
Advertisement     Tokyo Stock Exchange-listed Bitcoin treasury firm Metaplanet is buying more Bitcoin after securing a $130 million loan using its huge crypto holdings...
