In a landmark move for institutional cryptocurrency adoption, the Alberta Investment Management Corporation (AIMCo) has acquired $219 million worth of MicroStrategy (MSTR) stock. This purchase, reported by Wu Blockchain, represents the Canadian sovereign wealth fund’s first direct exposure to a Bitcoin-linked asset. With $142 billion in assets under management, AIMCo’s decision signals a significant shift
Bitcoin’s April rebound is now facing a two-front macro test. The official Treasury curve for Apr. 29 placed the 10-year yield at 4.42%, the 30-year at 4.98%, and the 5-year at 4.05%. Today, market charts show the same pressure zone, with the 10-year near 4.40%, the 30-year near 5%, the 5-year near 4.04%, and WTI
Anchorage Digital, the U.S’ first federally chartered crypto bank, has tapped M0 as its core technology provider, a move designed to turn the custodian into a primary engine for institutions looking to mint and manage regulated stablecoins. San Francisico-based Anchorage seeks to expand its issuance platform through M0, and opens the door to a broad
Last night, the Fed kept interest rates unchanged at 3.5%-3.75%, as expected. As inflation concerns increase due to rising energy prices, the Fed is adopting a “wait-and-see” approach in its current policy stance. At this point, Fed Chairman Jerome Powell has indicated that they are ready to take steps towards raising or lowering interest rates.
Bitcoin is testing short-term resistance near $77,279 while traders also watch the monthly close above $74,434. A breakout could support another move toward $80,000, but a weak close would keep pressure on the downside. Bitcoin Tests Micro Resistance as $BTC Watches $77,279 Breakout Level Bitcoin is trading near $76,513 on the 30-minute chart after bouncing
While Representative Nancy Pelosi has historically been the most scrutinized trader in Congress, Congressman Gil Cisneros – or his investment manager – has been working hard to take the lead since 2019. Specifically, the Democrat from California has disclosed more than 2,300 equity buys and sales across his two terms in office: one between 2019
Quantra, a renowned Web3 infrastructure entity for RWA tokenization, has partnered with SumPlus, a financial infrastructure firm for AI agents. The partnership aims to fortify the infrastructure for RWAs and the Web3 sector with the AI integration. As Quantra revealed in its official social media announcement, the move merges the strengths of both entities at
Tron verifies $9.4M in $USDT for crypto real estate payments through a groundbreaking joint campaign with RealOpen, a platform that enables property purchases using digital currencies. This verification marks a significant milestone in the integration of blockchain technology into traditional real estate markets. Tron verifies $USDT for real estate: How the campaign works The Tron
Bitcoin price started a fresh decline below the $76,500 zone. $BTC is consolidating and might struggle to stay above the $75,000 support. Bitcoin failed to stay above $76,500 and extended losses. The price is trading below $76,200 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $77,200
The Bitcoin price is currently sitting on a key support trendline that could determine its next major move. According to a crypto analyst, a breakout from this level could lead to two possible scenarios. On the bullish side, the cryptocurrency could extend its recent price recovery and push higher. However, in a bearish scenario, the