Month: November 2024

Michigan Pension Fund Invests $10M In Ethereum ETFs, Exceeds Bitcoin Holdings

The Michigan State Pension Fund has invested $10 million in Grayscale’s Ethereum ETFs (NYSE:ETHE), making it one of the top holders of the product. What Happened: According to an SEC filing, this investment surpasses Michigan’s $7 million allocation in Bitcoin (CRYPTO: BTC) ETFs, marking a notable shift in institutional...
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Bitcoin Can Ignore The Presidential Election As Noise, Says Arthur Hayes

BitMEX co-founder Arthur Hayes opined that the upcoming presidential election is just a distraction from Bitcoin‘s (CRYPTO: BTC) long-term bullish trend. What Happened: Cited by pseudonymous trader ‘Arndxt’ on X on Monday, Hayes predicts that a wave of liquidity from global central banks to fuel the next surge in...
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Anthony Scaramucci Predicts U.S. Will Tackle Debt Crisis, Bitcoin Value Will Triple and Reveals Which Candidate Has A Stronger Economic Plan

Anthony Scaramucci, SkyBridge Capital’s founder and a well-known voice in financial circles, has a bold perspective on the U.S. debt landscape and Bitcoin’s potential trajectory.  As the nation heads toward a pivotal election on Nov. 5, discussions around debt sustainability and economic strategies have intensified. The U.S. budget deficit...
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Donald Trump’s Latest Polymarket Whale Could Win Almost $10 Million

A new whale trader has become Donald Trump’s biggest shareholder in Polymarket’s 2024 presidential election winner market. What Happened: Data from Lookonchain revealed the whale, known as “zxgngl,” withdrawing 2.36 million (CRYPTO: USDC) from Binance to place a fresh bet on Trump’s victory on Monday morning. Since Oct. 11,...
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