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Michigan State Retirement Fund Now Holds More Ethereum Than Bitcoin

The State of Michigan Retirement System (SMRS) has significantly increased its Ethereum (ETH) holdings, raising its investment to $10 million and surpassing its Bitcoin (BTC) allocation. This move makes Michigan…

Continue ReadingMichigan State Retirement Fund Now Holds More Ethereum Than Bitcoin

Mt. Gox Shifts $2B in BTC to New Accounts Amid Ongoing Debt Settlements

Defunct Bitcoin exchange Mt.Gox has moved 32,371 BTC worth an estimated $2.19 billion to three new addresses. Several on-chain transaction trackers caught the movement, including Spot On Chain and Arkham…

Continue ReadingMt. Gox Shifts $2B in BTC to New Accounts Amid Ongoing Debt Settlements

Santiment Sees Bullish Indicator as Non-Empty BTC Wallets Decline by Over 211K

Data from Santiment shows that there has been a significant drop in non-empty Bitcoin (BTC) wallets. The platform’s analysts have interpreted this as a sign of fear, uncertainty, and doubt…

Continue ReadingSantiment Sees Bullish Indicator as Non-Empty BTC Wallets Decline by Over 211K