Japan’s $1.5 Trillion Pension Fund To Assess Bitcoin For Diversification

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Japan’s $1.5 Trillion Pension Fund To Assess Bitcoin For Diversification

[ad_1] The Government Pension Investment Fund (GPIF) of Japan, the world’s largest pension fund with assets totaling $1.5 trillion, has officially announced its initiative to explore diversification opportunities that include Bitcoin, alongside traditional investments such as gold and more unconventional assets like forests and farmland. This exploration marks a monumental potential pivot in the investment … Read more

Bitcoin Virtual Machine Will Soon Let Users Create AI Models on Bitcoin Network

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Bitcoin Virtual Machine Will Soon Let Users Create AI Models on Bitcoin Network

[ad_1] Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, … Read more

FTX Users Describe 'Emotional Toll' From Bankruptcy in Letters to Judge Ahead of Sam Bankman-Fried's Sentencing

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FTX Users Describe 'Emotional Toll' From Bankruptcy in Letters to Judge Ahead of Sam Bankman-Fried's Sentencing

[ad_1] Some of these victim impact statements also appear to follow a form letter format, with recipients substituting their account values at the time of bankruptcy, the value as of when the letters were filed and the loss amounts. Many of the letters, both the templated versions and others, emphasized the loss of value from … Read more

Ethereum Price Extends Losses, Can Bears Send ETH To $3,200?

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Ethereum Price Extends Losses, Can Bears Send ETH To $3,200?

[ad_1] Ethereum price extended its decline below $3,500. ETH is showing a few bearish signs and there could be a drop toward the $3,200 support zone. Ethereum started a downside correction below the $3,550 zone. The price is trading below $3,550 and the 100-hourly Simple Moving Average. There is a major bearish trend line forming … Read more

Ether.fi $210M Airdrop Sparks Market Turbulence, ETHFI Value Drops By 35%

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Ether.fi $210M Airdrop Sparks Market Turbulence, ETHFI Value Drops By 35%

[ad_1] ETHFI, the governance token of the decentralized liquid staking protocol Ether.fi, debuted for $4.13 following its distribution through its airdrop on March 18.  However, since the $210 million airdrop, the value of ETHFI has experienced a significant decline, plummeting over 35% to its current trading price of $3.05, according to CoinGecko data. ETHFI Airdrop … Read more