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Senator Bill Hagerty is pushing for the U.S. to establish a Strategic Bitcoin Reserve, highlighting its alignment with principles of freedom and liberty

(Bloomberg) -- Australian pension and wealth firm AMP Ltd. has become one of the nation’s first large retirement managers to invest in cryptocurrency products, allocating about A$27 million ($17.2 million) to Bitcoin futures. The fund “took the plunge and made a modest allocation to bitcoin” earlier this year, AMP Senior Portfolio Manager Steve Flegg said in a LinkedIn post this week. A spokesperson for AMP said the investment was in Bitcoin futures, adding that there are no plans to increase th

A new report says investing more than 2% sharply increases risk.

Among the many seeing notable improvements in price were Chainlink (CRYPTO: LINK), with a rise of almost 21% from 4 p.m. ET. More than a few investors, it seems, continue to believe there's more upside with other coins and tokens. Meanwhile, president-elect Donald Trump provided his latest signal that the incoming administration would be relatively crypto-friendly.

Ethereum remained the blockchain with the most devs, and the overall population of software builders in crypto was flat, the VC firm said in its annual survey.

Altcoins as a group outperformed bitcoin, with AVAX and LINK leading sector gains.

Bitcoin's decentralized technology is changing finance, enabling AI transactions, and creating limitless economic possibilities.