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Rep. Sheri Biggs Discloses $250,000 Bitcoin ETF Buy Amid Reserve Bill Push

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Sherri Biggs Bought BlackRock's IBIT Bitcoin ETF

Rep. Sheri Biggs (R-SC) disclosed a purchase of $100,001 to $250,000 in BlackRock’s iShares Bitcoin Trust ETF (IBIT) on March 4, made through her spouse’s professionally managed account at UBS Financial Services.

The filing, submitted to the House Clerk on April 16, landed within the STOCK Act’s 45-day reporting window. It arrives as the Senate weighs legislation that could turn the federal government into a large-scale Bitcoin (BTC) buyer.

Biggs Adds to Growing Bitcoin Position

The March trade marks at least the second six-figure IBIT purchase by the Biggs household. In July 2025, her husband acquired between $100,001 and $250,000 of the same ETF roughly one week before pro-crypto legislation passed the House.

Sherri Biggs Bought BlackRock's IBIT Bitcoin ETF
Sherri Biggs Bought BlackRock’s IBIT Bitcoin ETF. Source: Quiver Quantitative

That earlier transaction was disclosed months late, violating the STOCK Act’s 45-day rule and triggering a $200 penalty. Trackers noted IBIT gained about 12% in the three months following the buy.

The same April filing also listed two smaller purchases of Apollo Debt Solutions BDC and a sale of Oaktree Strategic Credit Fund holdings, signaling a broader portfolio shift toward crypto and debt exposure.

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Strategic Bitcoin Reserve Bill Looms in Senate

The timing draws additional scrutiny because S.954, the BITCOIN Act of 2025, remains before the Senate Banking Committee.

Introduced by Sen. Cynthia Lummis (R-WY), the bill would direct the Treasury to acquire one million BTC over five years and store them in a decentralized network of secure federal facilities with a 20-year minimum hold.

Related efforts continue to build momentum. The Mined in America Act, introduced March 30 by Sens.

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Cassidy and Lummis, would codify President Trump’s executive order establishing the reserve and let certified U.S. miners sell newly mined BTC directly to the Treasury.

If passed, these measures could make the federal government one of the largest holders of Bitcoin globally, a catalyst for assets like IBIT, which already manages roughly $55 billion and commands about 70% market share among U.S. spot Bitcoin ETFs.

Congressional members remain legally permitted to trade stocks and ETFs under current rules. However, repeated timing controversies have fueled bipartisan calls for a full trading ban.

The post Rep. Sheri Biggs Discloses $250,000 Bitcoin ETF Buy Amid Reserve Bill Push appeared first on BeInCrypto.

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White House Probes Mysterious Scientist Deaths

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White House Probes Mysterious Scientist Deaths

President Trump said Thursday the White House is investigating the deaths and disappearances of 10 scientists with ties to classified US defense, nuclear, and aerospace research, calling the pattern “pretty serious stuff” after leaving a meeting on the topic — as a lawmaker called for a formal FBI probe into what investigators have not yet confirmed is anything other than coincidence.

Summary

  • Trump told reporters on the White House lawn: “I hope it’s random, but we’re going to know in the next week and a half. Some of them were very important people.”
  • White House Press Secretary Karoline Leavitt said the Trump administration would “deem worth looking into” a cluster of cases involving scientists with access to classified nuclear and space material that has drawn growing public scrutiny since late 2024.
  • Investigators have found no evidence of a common thread linking the cases, and Harvard physicist Avi Loeb said the cases are probably unrelated because the individuals worked in different specialty areas.

The White House scientist investigation officially entered public view Thursday when President Trump acknowledged he had just left a meeting on the topic of 10 scientists who have died or disappeared since mid-2024, all of them tied to classified US defense, nuclear, or aerospace research.

“Pretty serious stuff,” Trump told reporters before boarding Marine One. “I hope it’s random, but we’re going to know in the next week and a half.” White House Press Secretary Karoline Leavitt this week called it “definitely something I think this government and administration would deem worth looking into,” according to Newsweek reporting. A lawmaker has separately called for the FBI to open a formal investigation.

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Five of the ten have died; five remain missing. Among the most prominent: retired Air Force Maj. Gen. William “Neil” McCasland, 68, who previously oversaw some of the military’s most advanced and highly classified research programs, disappeared from his Albuquerque home on February 27, 2026, leaving his phone and prescription glasses behind. Authorities have found no trace of him.

Caltech astrophysicist Carl Grillmair, 67, who worked on the Hubble and Spitzer space telescopes, was shot and killed outside his California home on February 16, 2026. A 29-year-old suspect was arrested and charged with murder. MIT plasma physicist Nuno Loureiro, 47, director of the university’s Plasma Science and Fusion Center, was shot at his Brookline, Massachusetts home in December 2025 and died from his injuries. Jason Thomas, 45, a Novartis pharmaceutical researcher, went missing in December 2025 and was found dead in a Massachusetts lake in March 2026 after investigators said no foul play was suspected.

Monica Reza, 60, a director at NASA’s Jet Propulsion Laboratory, has been missing since June 2025 after vanishing on a well-traveled California hiking trail.

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What Authorities Have Found and Have Not Found

No federal agency has publicly confirmed an active investigation linking the cases. Former FBI Assistant Director Chris Swecker told NewsNation he believed the bureau was probably reviewing the cases, adding: “These are classified matters. We shouldn’t be hearing about them if they are investigating.”

Authorities have noted that each case is distinct: some are confirmed homicides with unrelated suspects, some are disappearances with no established cause, and some appear accidental. Avi Loeb of Harvard said he does not believe the cases are related because the individuals worked in different scientific disciplines and there is no established technical link.

The overlap in timing and profession, however, and the access these individuals had to nuclear weapons programs, advanced aerospace systems, and other sensitive areas, has fueled questions across government and intelligence circles that the White House cannot credibly ignore in public.

For the crypto sector, the pattern has a specific relevance: researchers at Lawrence Berkeley National Laboratory, one of the institutions named in connection with these cases, are early adopters of NVIDIA Ising, the new quantum AI toolkit launched this week. Advances in quantum computing research — and the security of the people advancing it — directly intersect with the quantum threat timeline that determines when cryptographic systems securing Bitcoin and other blockchain infrastructure become vulnerable.

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Bitcoin Tops $77K as Iran Declares Strait of Hormuz Open

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Bitcoin Tops $77K as Iran Declares Strait of Hormuz Open

Update (4.17.26 6:43 PM UTC): This article has been updated to reflect updated BTC prices and rally data.

Iran’s foreign minister said Friday that the Strait of Hormuz is open to commercial vessel traffic for the remainder of the current ceasefire, prompting quick market reactions.

“In line with the ceasefire in Lebanon, the passage for all commercial vessels through Strait of Hormuz is declared completely open for the remaining period of ceasefire,” said Iranian Foreign Minister Seyed Abbas Araghchi in a Friday X post.

Source: Seyed Abbas Araghchi

US President Donald Trump confirmed the opening of the passage in a Friday post on Truth Social.

Bitcoin (BTC) surged past $77,000 on Friday following the news, rising by over 3.7% in 24 hours and a weekly recovery of about 5%, according to data from CoinMarketCap and TradingView.

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Brent crude oil futures sank to around $85 per barrel, falling 10% on the news, according to Tradingeconomics data.

Easing geopolitical tensions may bring more risk appetite among crypto investors. However, the two-week ceasefire between the US, Israel and Iran is set to expire on April 22, with the threat of renewed escalation continuing to weigh on market sentiment.

Investors who sold assets in March are now “rushing back into the market” while risk appetite is returning amid the signs of geopolitical deescalation, according to a Friday X post from The Kobeissi Letter, adding that the S&P 500 index added $7 trillion over the past three weeks.

Related: Tom Lee says ‘mini crypto winter’ is over, sees Ether above $60K

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Axios says US weighs broader Iran deal

Adding to the positive news, Axios reported Friday that US officials were discussing a proposal to release as much as $20 billion in frozen Iranian funds in exchange for Iran giving up its stockpile of enriched uranium.

Axios said the proposal was part of a three-page framework being discussed as part of efforts to end the war.

Trust Social Post. Source: US President Donald Trump

Still, the US naval blockade will remain in “full force and effect” until the US’ transaction with Iran is “100% complete,” wrote President Trump in a Friday Truth Social post, adding that “most of the points are already negotiated.”

Magazine: Bitcoin may take 7 years to upgrade to post-quantum — BIP-360 co-author