XRP could be in for a major shake-up this year thanks to a wave of new ETFs hitting the market. Bitwise, Franklin Templeton, and other investment companies are gearing up to launch theirs soon, and Franklin Templeton’s ETF alone is projected to bring in $150-$250 million on the first day. Naturally, everyone’s wondering whether this…
Key Takeaways Alex Karp, CEO of Palantir Technologies, sold 585,000 shares for about $96 million. Karp co-founded Palantir and has overseen the company’s operations since its inception. Share this article Palantir Technologies CEO Alex Karp sold 585,000 shares valued at approximately $96 million on November 20, according to a new SEC filing. The data analytics…
The question on every investor’s mind right now is simple: if BTC USD keeps dropping, does Strategy get kicked out of major stock indices? With Bitcoin sliding from six-figure euphoria to the high-$80Ks, and Michael Saylor’s Bitcoin-heavy corporate strategy under pressure, the debate has exploded across financial media. And it’s a fair concern – MSTR…
This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail. Ethereum (ETH) Ethereum is down 15% this week as the bearish momentum intensifies. The price also lost support at $3,000 and is found just under $2,800 at the time of this post. If buyers don’t return soon to defend $2,800, then…
Bitcoin ETFs see $903M net outflow, price nosedives as Blackrock and Grayscale see major outflows. Summary U.S. Bitcoin ETFs saw $903M net outflows on Nov. 20, the second-highest since early 2024, dragging Ethereum ETFs after eight straight days of losses. BlackRock and Grayscale recorded the largest withdrawals as institutional investors took profits ahead of year-end,…
Key Takeaways The iShares Bitcoin Trust (IBIT) from BlackRock saw over $355 million exit the fund on Thursday. Flows into US spot Bitcoin ETFs turned negative again on Thursday, with most funds posting outflows. Share this article BlackRock’s iShares Bitcoin Trust (IBIT) recorded more than $355 million in net outflows on November 20, according to…
21Shares has launched a new leveraged ETF linked to Dogecoin, timed right alongside the finalization of its acquisition by FalconX. The move introduces a fresh way for traders to engage with one of crypto’s most well-known meme coins, while also marking a turning point for the companies involved. A Dogecoin ETF with Extra Heat The…
“I’d estimate a likely upside around $0.30 for November,” ChatGPT stated. While the cryptocurrency market has been quite shaky over the past week, Pi Network’s PI has posted a double-digit price increase. We turned to four of the most popular AI-powered chatbots to find out how high the valuation can soar before the end…
Bitmine continues its Ethereum buying spree while chairman Tom Lee warns that crypto markets are still struggling with weak market maker liquidity. Summary Bitmine’s latest ETH purchase strengthens its push to build one of the largest corporate crypto treasuries. The firm continues buying through OTC desks during market volatility, leaning on equity raises and staking…
Key Takeaways The unraveling of Strategy’s market premium is now putting the company at risk of being cut from major equity indices. JPMorgan analysts warned that as much as $2.8 billion could exit if MSCI excludes the stock, with billions more at stake across other index-linked funds. Share this article Strategy faces the risk of…
