News

Capula Investment Management’s $464M Bitcoin ETF Holdings Drop Amid Declining Prices

Capula Investment Management, a prominent London-based hedge fund, has reported owning $464 million in spot bitcoin ETFs issued by BlackRock and Fidelity. This filing, reflecting the firm’s holdings as of June 30, was submitted to the U.S. Securities and Exchange Commission. Current Valuation Due to the recent decline in Bitcoin prices, Capula’s position in these …

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Morgan Stanley HD

Morgan Stanley to Offer Bitcoin ETFs Through Financial Advisors

Morgan Stanley is set to become the first major Wall Street bank to allow its financial advisors to offer Bitcoin ETFs to certain eligible clients, starting next Wednesday. Expanding Bitcoin Access Starting next Wednesday, Morgan Stanley’s 15,000 financial advisors will be able to offer shares of two Bitcoin exchange-traded funds: BlackRock’s iShares Bitcoin Trust and …

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Grayscale Ethereum ETF $2B Outflows : Price in Danger

The recent performance of Ethereum has been a significant source of concern for investors, with the token persistently trending downwards. Despite the launch of spot ETH ETFs (exchange-traded funds) in the United States, Ethereum has shown no signs of relief. Instead, the underwhelming performance of these ETFs with Grayscale Ethereum ETF outflow might even be …

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Microstrategy Bitcoin Purchase

MicroStrategy’s $2 Billion Plan for Bitcoin Acquisition

MicroStrategy, a Virginia-based company known for its strong belief in Bitcoin, plans to sell up to $2 billion in shares. This move aims to further invest in Bitcoin and address other corporate needs, as disclosed in a recent regulatory filing with the US Securities and Exchange Commission (SEC). Strategic Bitcoin Purchase Plan MicroStrategy Eyes Massive …

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Kamala Harris Crypto

Kamala Harris Reps to Meet Crypto Industry Leaders Amid Efforts to Mend Relations

Kamala Harris representatives will reportedly host a meeting in Washington on Monday for cryptocurrency industry leaders. The event comes barely a week after the Bitcoin 2024 Conference in Nashville, suggesting an inclination to tap pro-crypto voters. Harris’ campaign is actively working to rebuild ties with the crypto industry, which has become a critical theme in …

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SAHM Indicator

SAHM Indicator above 0.5: Recession Incoming?

A significant recession warning is currently flashing across financial markets, impacting both the stock and crypto sectors. The SAHM Indicator, a crucial economic measure, has crossed above 0.5, signaling a potential recession in the United States. This indicator has a long history of accurately predicting recessions, with every instance since the 1960s leading to an …

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Trump Bitcoin Debt

Trump suggests Bitcoin plan to erase $35T debt

Former President Donald Trump proposed an unconventional idea with Bitcoin to address the U.S.’s $35 trillion national debt: using Bitcoin as a payment to China. He suggested this bold move during an interview with Fox News’s Maria Bartiromo, stating, “Crypto is a very interesting thing. It’s very high-level in certain ways, intellectually very high-level. But …

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