JUST IN: 🇺🇸 Treasury Secretary Scott Bessent says the "Treasury is moving quickly to implement" the GENIUS Act 👀

"Beginning on January 18, 2027, the expected effective date of the GENIUS Act," 👀

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JUST IN: 🇺🇸 Public company Strive purchases 79 Bitcoin for $5 million! 🚀

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JUST IN: 🇺🇸 White House crypto meeting is positive for Bitcoin — Bitwise CIO Matt Hougan

"Outlook for the year-end is good."

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BREAKING: 🟠 Goldman Sachs BOUGHT $386M worth of Michael Saylor's Strategy shares.

Now holds $558M worth of $MSTR

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NEW: 🇺🇸 Harvard University reports owning $101.3M in BlackRocks Bitcoin ETF 🚀

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BREAKING: 🟠 $28B Schonfeld Advisors SOLD 20% of its Bitcoin ETF holdings in Q2.

Position drops to $384M

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MICHAEL SAYLOR: 🟠 "If we fix the credit, the equity premium should expand and that's good for the equity."

"The question is if the credit business is worth $100B or $1 trillion. If there's no credit business, it's worth zero."

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The US Treasury proposed new rules to implement the GENIUS Act, outlining when stablecoin issuers need a US license and when digital asset firms can offer or sell payment stablecoins to US users

The GENIUS Act framework will take effect on January 18, 2027, and public comments will be accepted for 60 days following its publication in the Federal Register.

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JUST IN: 🟠 $15 trillion BlackRock reports they're still bullish on Bitcoin despite the -50% decline from its all time high 👀

"bitcoin’s core investment case as an important emerging global monetary alternative and unique portfolio diversifier remains unchanged."

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JUST IN: 🟠 BlackRock says 1-2% Bitcoin exposure is ideal, core thesis intact.

🔸Expects TradFi correlation to trend lower.

🔸AI products now the biggest capital rival.

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JUST IN: 🇨🇳 Publicly traded Chinese company Zhibao Technology creates treasury Bitcoin reserve of 2,380 BTC 🚀

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JUST IN: 🇨🇦 $1.8 Trillion Royal Bank of Canada just disclosed that it bought 46,001 more shares ($4.45 million) of #Bitcoin treasury company Strategy $MSTR.

It now holds a total of 385,002 shares ($37.2 million). 13.5% stake increase by the largest Canadian bank.

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JUST IN: 🇺🇸 SEC Chairman says "As the Crypto Capital of the World, the U.S. must and will lead."

"With our new proposal, the SEC is taking the most historic step yet to modernize federal securities regulations for crypto assets." 👏

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