Private funds catering to accredited investors as well as family offices, hedge funds, and other entities, have seen one of the most active period in two years. While not yet quite near the frenzy see...
Tag: Trustnodes
Fidelity Buys $5 Million Ethereum – Trustnodes
Fidelity, one of the biggest asset manager in the world, has bought more than $5 million worth of eth for their client. Chris Tyrer, the Head of Fidelity Digital Asset Management, stated $5,018,184 wa...
Bitcoin Crosses $20,000 as Fed Pivot Speculation Intensifies – Trustnodes
Bitcoin is finally moving a little bit, just about crossing $20,000 and currently trading at about that level, while Europe’s STOXX has seen a 3.34% gain. The dollar strength index is down as well, as...
Stocks Jump 3% on Fed Emergency Meeting – Trustnodes
US stocks have unusually jumped by about 3%, far higher than futures suggested, as market turbulences in bonds appear to be spreading with Credit Suisse seeing a huge rise in credit default swap rates...
MKR Moves – Trustnodes
MakerDAO (MKR) is up by about 5% over the past 24 hours, more than bitcoin, eth, or indeed stocks, all of which are up by about 1%. Raising the question of whether defi is thinking of coming back to l...
55% of Family Offices Want More Crypto in Hong Kong and Singapore – Trustnodes
Wealthy families in Hong Kong and Singapore are looking to increase exposure to crypto according to Cerulli, a Boston based financial research company. As much as 55% of family offices in these two hu...
Kim Kardashian Fined $1.2 Million for EthereumMax Undisclosed Promo – Trustnodes
The socialite Kim Kardashian has agreed to pay $1.26 million to the Securities and Exchanges Commission (SEC) for “unlawfully touting crypto security.” SEC says Kardashian failed to disclose that she ...
Philippine Peso Hits New Low Against the Dollar, Stable in Bitcoin – Trustnodes
The peso in Philippines has fallen to a new all time low of 59 PHP to the dollar, down 20% from last year’s 47. In bitcoin however the peso has been trading at a somewhat stable price above one millio...
is the Bear Done? – Trustnodes
It’s the last Friday of the month, and of the third quarter. That means futures have expired earlier today, but quite unusually bitcoin didn’t care. Usually it falls on the expiry week, but while stoc...
Bitcoin and Bonds, Are They Getting Out of Hand? – Trustnodes
US and UK ten year bonds are back to 2007 levels, when the euphoria of the naughties boom led to proclamations of ‘no more boom and bust.’ Fed might not be done however with some suggesting they might...
Bitcoin Aloof While Nasdaq Dives – Trustnodes
Bitcoin is hardly moving even as Nasdaq saw a fall of 3.4%, with Dow down 2% while European stocks fell 2.25%. Bitcoin until recently responded to such moves, but a macro narrative change may be chang...
Bitcoin Steady Amid Fiat Volatility – Trustnodes
Bitcoin has been sidewaying for much of summer, with it currently trading at the same price as it did on June 18th. The currency has gone a bit up and a bit down, but it is generally flat even as nume...
Meme Coins Hedge Bitcoin Says Study – Trustnodes
Dogecoin, Shiba Inu, defi tokens and even metaverse tokens can be useful, a new study published in the Finance Research Letters says. “Portfolios of meme coins act as potential hedges for Bitcoin. How...
Assets Turn Red on Nord Stream Jitters – Trustnodes
Stocks in Europe and US, as well as bitcoin and ethereum, have suddenly turned red with bitcoin back to just below $19,000 after briefly crossing $20,000. The dollar strength index moreover has just c...
Bitcoin Adds $200 Million to its Supply More Than ETH – Trustnodes
Bitcoin has increased its supply by 11,085 BTC since the Merge upgrade on September 15th, worth $223 million. Ethereum in contrast has added only ◊8,374, worth $12 million, or just 0.21% of its total ...
Fidelity’s Wise Origin Buys $60 Million Bitcoin – Trustnodes
The Wise Origin Bitcoin Index Fund has bought $62.84 million worth of bitcoin according to a filing with the Securities and Exchanges Commission. The fund launched recently with this being one of thei...
Are China’s Banks Too Big to Bail? – Trustnodes
Chinese banks have grown to become the biggest in the world, with the Industrial and Commercial Bank of China having $5.8 trillion in assets under management. That’s far more than the biggest non-Chin...
Gas Crashes Below $7 as the Dollar Reaches New High – Trustnodes
The price of natural gas is now down more than 30% from its peak of $10 in August to $6.68 as of writing, falling another 2% this Monday. A tour by the German chancellor Olaf Scholz of the Gulf countr...
Italy on the Verge of Electing a Pro-Russia Anti-EU Government – Trustnodes
Italy not so bella anymore, with a once fast growing country now shrinking amid political turmoil that is set to have a government with an anti-EU party, a pro-Russia party, and a man some blamed for ...
Russian Oil Sanctions Back on the Table Amid Protests in Moscow and Rumors of One Million to be Mobelized – Trustnodes
Europe is moving to put a price cap on Russian oil amid protests in Moscow against the war while rumors are now circulating Russia’s president Vladimir Putin has ordered the mobilization of one millio...
Stocks Green, Bitcoin Up, as Powell Takes Back Seat – Trustnodes
Stocks have chilled out for today, up a bit in all indexes following a re-pricing regarding expectations of a further 0.75% interest rate hike. Since then however there have been suggestions Jerome Po...
We Will Stand with Ukraine Says Biden – Trustnodes
The United States president Joe Biden has stated America will stand with Ukraine, period. “We will stand in solidarity with Ukraine, we will stand against Russia’s aggression, period,” Biden said whil...
Russian Stocks Edge New Low as Putin Tries Surge – Trustnodes
Russia has stepped back from becoming the first great power since the end of the second world war to mobilize, with their president Vladimir Putin ordering what they say is a partial-mobilization, but...
48 European Leaders to Meet in Prague – Trustnodes
Brits, Turks, Azeri and Armeni, Georgians and Swiss, even Albanians, are to meet at the Prague Castle in two weeks for the launch of the European Political Community. That’s alongside Germany, France,...
SEC Proposes Centralizing the $24 Trillion US Treasuries Market – Trustnodes
The Securities and Exchanges Commission (SEC) has put forward a proposal to incentivize the trading of US Treasuries, a market estimated at $24 trillion, through a clearing house. “These rules would r...
Bitcoin Hits Fire Sale as Crypto Merges with Macro – Trustnodes
Bitcoin is on fire sale on the ten year old rainbow chart, a measure that tries to ascertain whether bitcoin’s price is overvalued or undervalued based on halvings. It last reached this level only two...
Coinbase and Lido Dominate Ethereum Staking – Trustnodes
There’s a new guard on the block, and it is different from the old guard as ethereum’s merge to full Proof of Stake has changed the actors at the center of network security. While previously Ethermine...
Putin, the Way Out – Trustnodes
Russia had it all. A G8 member, booming trade relations with Europe, a re-stored civil service, a rising tech center, and overall a European nation, peaceful under democracy. Then, Vladimir Putin just...
Taking Bitcoin Out of Football Politics – Trustnodes
Bitcoin for the first time has become part of national election politics, ouch, as an openly pro-bitcoiner of the center-right now officially leads the Opposition party in Canada, with the leader of t...
Powell, the Man with the Tricks – Trustnodes
Jerome Powell, the chairman of Federal Reserve Banks, apparently has not been quite nimble for much of this year, as he said he would, following instead a pretty regimented and strict plan, ignoring t...
Are Banks Getting a Bit Greedy? – Trustnodes
Nasdaq has suddenly plunged 3.4% even though inflation slowed down for the second consecutive month, with banks and their analysts selling this as terrible news in any event because it did not fall to...