Cointelegraph·
Galaxy Digital’s Alex Thorn says a $1.3 billion sale of BlackRock’s Bitcoin ETF was the largest he has seen on a dark pool, or private trading platform.
Read full articleThe sustained outflows from Bitcoin ETFs highlight shifting investor sentiment, potentially signaling broader market caution and volatility ahead. The post BlackRock clients sell $192.3M worth of Bitcoin as IBIT outflows extend to eight straight days appeared first on Crypto Briefing.
Billionaire hedge fund manager Paul Tudor Jones is pouring hundreds of millions of dollars into one giant media company and two US banks. New SEC filings show that the Tudor Investment Corporation has just reported acquiring 7.05 million shares of Warner Bros. Discovery (WBD) worth $193.7 million. The investment comes as Warner Bros. is undergoing […] The post Billionaire Paul Tudor Jones Pours $398,804,000 Into Three Assets, Fully Exits Goldman Sachs and BlackRock appeared first on The Daily Hodl.
Crypto firms, including Galaxy Digital, Gemini, Sharplink, and Bitmine Immersion Technologies, have appeared on FTSE Russell’s preliminary lists for possible inclusion in the Russell 3000 indexes, opening the door to automatic buying from index-linked funds and new institutional exposure. According…
Hong Kong's nuanced tax policy could position it as a leading hub for institutional crypto investment, intensifying regional competition. The post Hong Kong introduces 0% capital gains tax on Bitcoin, but the full picture is more nuanced appeared first on Crypto Briefing.
Bitmine and Galaxy Digital may also be eligible for the Russell 1000, an index tracking the largest 1,000 US companies that includes Nvidia, Microsoft and Apple.
Bitcoin’s price tumbled to nearly $75,000 earlier, marking a decline of about 2% for the day. The move was sudden, which raised more than a few eyebrows. Analysts have started speculating about what caused the cascading red candles, and many are pointing to the involvement of BlackRock’s spot BTC ETF, IBIT. Largest Dark Pool Block […]
Ran Neuner says Bitcoin’s chart structure is starting to resemble the breakdown pattern that preceded the 2022 capitulation, with one key difference: this time, he argues, Michael Saylor’s Strategy may be the market’s most important marginal buyer. Speaking with Scott Melker in a May 24 interview, Neuner said Bitcoin is sitting inside a “very scary structure,” pointing to what he described as a bear flag that has failed to resolve higher. His concern is not only technical. It is also tied to whether Strategy can keep raising capital through STRC, a preferred-stock instrument that Neuner believes has become central to Saylor’s ability to buy more Bitcoin. “If history repeats, right, then we should break down or could break down below this,” Neuner said, referring to Bitcoin’s current chart pattern. “I hate saying it because look, I don’t even want to admit it to myself, but I mean definitely it’s going down to the $40ks or $50ks if it happens.” The argument rests on a comparison with 20
