Delaware Life Insurance Company is adding limited Bitcoin-linked exposure to its retirement annuity portfolio through an index developed by BlackRock. The insurer will offer an index that blends US stocks with a small, risk-managed allocation to Bitcoin (BTC). The Bitcoin exposure comes through BlackRock’s iShares Bitcoin Trust ETF, meaning investors do not hold Bitcoin directly.…
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Bitcoin (BTC) has struggled to regain momentum after the price dipped below $90,000 on Tuesday, with multiple analysts pointing to continued selling pressure in the short term. Key takeaways: New BTC whales with a holding period of less than 155 days now control more realized capital than the “OG” long-term holders. Whale-dominated exchange inflows signal…
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The preliminary injunction against the predictions market platform came at the request of Massachusetts Attorney General Andrea Joy Campbell. Prediction markets platform Kalshi could face legal complications operating in the US state of Massachusetts after a judge reportedly ruled that residents could not use the website for sports betting. According to a Tuesday Reuters report,…
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Michael Selig named two people as senior advisers, one of whom helped with a law firm‘s letter that led to an SEC no-action letter on crypto custodians. Michael Selig, chair of the US Commodity Futures Trading Commission (CFTC), announced the appointment of a senior adviser with experience in litigating crypto and blockchain cases. In a…
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Bitcoin sellers entered at the Wall Street open to drive BTC price action below $90,000, but a six-figure price target stayed in play. Bitcoin (BTC) narrowly avoided major losses at Tuesday’s Wall Street open as US markets reacted to EU trade-war fears. Key points: US markets offer their first reactions to the EU trade war…
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Strategy acquired 22,305 BTC last week at about $95,284 per coin, lifting its holdings to 709,715 BTC. Michael Saylor’s Strategy, the world’s largest public Bitcoin holder, blasted past 700,000 BTC in holdings with its latest large-scale purchase. Strategy bought 22,305 Bitcoin (BTC) for $2.13 billion last week, according to a US Securities and Exchange Commission…
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On Jan. 16, Pennsylvania-based lender Newrez announced plans to accept certain cryptocurrency holdings when considering mortgage applications. The change, which the company said will take effect in February, will apply to loans for homes, refinancing and other investment properties. For Newrez, the plan comes on the tailwinds of directions from the US Federal Housing Finance…
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South Korea’s financial regulators are reviewing a long-standing practice that effectively ties each cryptocurrency exchange to a single banking partner, as part of a broader examination of competition in the country’s crypto market, according to local media. Business outlet, the Herald Economy, citing government officials familiar with inter-agency discussions, said a review effort is being…
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Concerns over insider trading on prediction markets have intensified after a series of high-profile bets on geopolitical events, prompting fresh questions over whether it’s even feasible to curb such practices in the growing industry sector. Preventing insider trading is realistically possible only on prediction markets applying Know Your Customer (KYC) measures, according to Austin Weiler,…
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Bitcoin’s (BTC) leading indicators flashed buy signals as bulls fought to keep the price above $90,000. Key takeaways: Bitcoin Hash Ribbons flashed a “buy” signal amid miner capitulation recovery, an occurrence that has historically preceded strong rallies. The Fear and Greed Index’s “golden cross” signals improving market sentiment and a potential BTC rally ahead. Bitcoin…
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