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Houston Firefighter’s Pension Fund Bought $25M Worth of Bitcoin and Ethereum

The Houston Firefighters Relief and Retirement Fund (HFRRF) has hopped on the cryptocurrency bandwagon by making a $25 million investment in BTC and ETH. The allocation became possible through a…

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Mt. Gox Creditors Could Receive Billions in BTC as Latest Rehabilitation Plan Gets Approval

The trustee responsible for handling the Mt. Gox hack and the victims’ claims has updated that the rehabilitation plan was approved by the majority of creditors. Consequently, the creditors could…

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I Feel Underinvested in Bitcoin: PayPal Co-Founder Peter Thiel Says

The German-American billionaire entrepreneur – Peter Thiel – praised bitcoin’s recent surge to an all-time high price. According to him, this rise shows that the major financial institutions are struggling…

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7x April’s ATH: Bitcoin Transactional Volume Reaches $700 Billion in a Week

There’s been plenty of comaparisons of Bitcoin’s price action now and in April when the cryptocurrency reached its previous all-time high. Research firm IntoTheBlock now points out a staggering difference in Bitcoin’s…

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JPMorgan: Inflation Hedge Narrative Propelled Bitcoin’s Price to ATH

Strategists at the financial institution JPMorgan Chase & Co. argued that the reason behind BTC’s all-time high price is not the launch of the ProShares Bitcoin Strategy ETF. Instead, concerns…

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$2.2T Asset Manager Pimco Is Starting to Trade in Cryptocurrencies, Said CIO

Pimco – a global investment management firm – recently confirmed that it is slowly increasing its cryptocurrency exposure. Chief Investment Officer Daniel Ivascyn said some of the company’s hedge funds…

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