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California’s $500 Billion Pension Fund Divided Over Bitcoin Investment

California's $500 Billion Pension Fund Divided Over Bitcoin Investment

Simply put CalPERS candidates have varied opinions on crypto investments, ranging from strong rejection to cautious analysis. The fund possesses 410,596 shares valued at $165.9 million, allowing for indirect Bitcoin exposure. One candidate indicates a willingness to keep the possibility of crypto investments on the table, while another emphasizes the potential of blockchain technology. During […]

US judge rules that Trump illegally cut over $2 billion in funds meant for Harvard

US judge rules that Trump illegally cut over $2 billion in funds meant for Harvard

Harvard Wins Legal Battle Against Trump Administration’s Funding Cut On Wednesday, a federal judge in Boston blocked the Trump administration’s efforts to terminate approximately $2.2 billion in research funding for Harvard University. US District Judge Alison D. Burrows dismissed claims from the Trump administration that Harvard was attempting to avoid federal funding due to allegations […]

Trump’s $2 Billion Harvard Funding Freeze Overturned by Judge Appointed by Obama

Trump's $2 Billion Harvard Funding Freeze Overturned by Judge Appointed by Obama

Judge Rules Against Trump Administration’s Funding Freeze on Harvard A federal judge recently determined that the Trump administration’s decision to block federal funds to Harvard was unconstitutional. The administration had removed over $2 billion from Ivy League schools, claiming they weren’t doing enough to combat anti-Semitism and were improperly employing racial preferences in their diversity […]

Zeldin and Trump Can Block $16 Billion in ‘Gold Bars’ for Climate Organization

Zeldin and Trump Can Block $16 Billion in 'Gold Bars' for Climate Organization

Federal Appeals Court Rules on EPA Funding A federal appeals court recently ruled 2-1, allowing EPA administrator Lee Zeldin the authority to withhold $16 billion in funds, referred to as “gold bars,” that were allocated by the Biden administration prior to his departure. This ruling from the U.S. Court of Appeals for the D.C. Circuit […]

BitMine Increases Ethereum Holdings to Over $8 Billion, Now Owning 1.5% of ETH Supply

BitMine Increases Ethereum Holdings to Over $8 Billion, Now Owning 1.5% of ETH Supply

Simply put Bitmine Immersion Technologies has acquired 153,000 Ethereum recently. The company now owns about 1.5% of the total Ethereum supply, with assets exceeding $8 billion. Tom Lee has commented that Ethereum is experiencing a significant transformation, likening it to a “1971 moment.” Bitmine Immersion Technologies has made a notable move by purchasing 153,000 Ethereum […]

Senate moves forward with $925 billion defense funding authorization bill

Senate moves forward with $925 billion defense funding authorization bill

Senate Approves Major Pentagon Funding Bill The Senate passed a substantial funding package for the Pentagon on Tuesday, marking the first significant legislation to come through since lawmakers returned in August. The National Defense Authorization Act (NDAA) for 2026 was advanced with a vote tally of 84-14, demonstrating a largely bipartisan agreement. This positions the […]

The Winklevoss Twins Are Considering a $2.22 Billion Crypto IPO

The Winklevoss Twins Are Considering a $2.22 Billion Crypto IPO

Winklevoss Twins Target $2.22 Billion IPO for Gemini The Winklevoss twins are setting their sights on a $2.22 billion initial public offering (IPO) for their cryptocurrency exchange, Gemini, as announced in a press release this Tuesday. Cryptocurrency has gained traction over the years, partly due to the lenient regulatory approach during the Trump administration. Now, […]

BitMine Increases Ethereum Holdings to Over $8 Billion, Now Controls 1.5% of ETH Supply

BitMine Increases Ethereum Holdings to Over $8 Billion, Now Controls 1.5% of ETH Supply

Bitmine Immersion Technologies Expands Ethereum Holdings Bitmine Immersion Technologies has made a significant investment, acquiring 153,000 Ethereum, aiming for a $655 million milestone. This move is part of their strategy to secure 5% of Ethereum’s total supply. Based in Las Vegas, Bitmine now possesses roughly 1.86 million Ethereum, valued at approximately $8.1 billion. The firm […]