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Gemini Settles CFTC Case with $5 Million Agreement Over Misleading Statements

Gemini Trust Co. agrees to a $5 million settlement with the CFTC, resolving allegations of misleading statements during its bid for a Bitcoin futures contract. CFTC: Background of the Case The Commodity Futures Trading Commission (CFTC) has resolved its lawsuit against Gemini Trust Co., a cryptocurrency exchange founded by Cameron and Tyler Winklevoss. Bloomberg reported…

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Michael Saylor Open to Crypto Advisory Role Under Trump Administration

Michael Saylor expresses openness to joining a potential Trump administration in a crypto advisory role, signaling his readiness to shape U.S. digital asset policy. Michael Saylor, Executive Chairman and co-founder of Microstrategy, has expressed openness to serving in a crypto advisory capacity in a potential Trump administration. However, Saylor refrained from confirming whether he has…

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Chilean Lawmakers Advocate for Strategic Bitcoin Reserve Amid Growing Global Interest

Chilean lawmakers push for a Strategic Bitcoin Reserve, gaining support from international experts. Learn how Chile plans to integrate Bitcoin into its economy despite Central Bank skepticism. Push for Bitcoin Reserve Gains Momentum in Chile Chilean lawmakers are working on legislation to create a Strategic Bitcoin Reserve (SBR), according to Andrés Villagrán, a nation-state mining…

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KULR BTC Yield Reports Expansion of Bitcoin Holdings to $42M

Discover KULR's strategic $42M Bitcoin Treasury expansion and its innovative BTC Yield metric, offering insights into shareholder value growth. KULR Technology Group, Inc. (NYSE American: KULR) has announced a significant expansion of its Bitcoin Treasury holdings, increasing its investment to $42 million. This move aligns with the company's December 2024 strategy to allocate up to…

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MicroStrategy Boosts Bitcoin Reserves After Buying 1,070 BTC Amid $101K Price Surge

Key Takeaways: MicroStrategy acquired 1,070 BTC for $101 million, raising its total holdings to 447,470 BTC. The purchase, at an average price of $94,004 per bitcoin, aligns with its strategy to expand reserves amid rising institutional adoption. MicroStrategy’s BTC holdings, valued at $27.9 billion, highlight its role as a leader in corporate cryptocurrency investment. MicroStrategy…

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