infinityhedge

27 Jul 2024 22:27

Trump: On Day One I Will Fire Gary Gensler

infinityhedge

26 Jul 2024 16:46

Kamala Harris' team wants to take a position on crypto, source says, as outreach to the industry forges on: TheBlock

Source:

My impression is they get that this matters, They want to have positions on it...they're going to take their time.

infinityhedge

26 Jul 2024 14:46

U.S. PCE Jun:

MoM:
> Headline 0.1%, Exp. 0.1%, Prev. 0%
> Core: 0.2%, Exp. 0.2%, Prev. 0.1%

YoY:
> Headline 2.5%, Exp. 2.5%, Prev. 2.6%
> Core: 2.6%, Exp. 2.5%, Prev. 2.6%

infinityhedge

25 Jul 2024 21:35

Kamala Harris ready to debate Donald Trump on September 10, 2024.

infinityhedge

25 Jul 2024 17:56

A wallet linked to Ethereum Foundation (as per Arkham AI) moved 92K ETH after 7 years

infinityhedge

25 Jul 2024 14:31

> U.S GDP (QoQ) (Q2) ACTUAL: 2.8% VS 1.4% PREVIOUS; EST 2.0%

*U.S INITIAL JOBLESS CLAIMS ACTUAL: 235K VS 243K PREVIOUS; EST 238K
*U.S CONTINUING JOBLESS CLAIMS ACTUAL: 1851K VS 1867K PREVIOUS; EST 1868K

infinityhedge

23 Jul 2024 23:02

BlackRock's $500M Tokenized Fund Pitches for Ethena's RWA Investment Plan: Coindesk

infinityhedge

23 Jul 2024 22:07

Earnings 2Q:

GOOGLE:
> REV. $84.74B, EST. $84.37B
> AD REV. $64.62B, EST. $64.53B
> CLOUD REV. $10.35B, EST. $10.09B
> EPS $1.89, EST. $1.84

TESLA:
> REV. $25.50B, EST. $24.63B
> ADJ EPS 52C, EST. 60C
> OPER INCOME $1.61B, EST. $1.81B
> FREE CASH FLOW $1.34B, EST. $1.92B
> TESLA NET PROFIT DOWN 45%

infinityhedge

23 Jul 2024 19:58

Kamala Harris leads Donald Trump 44% to 42% in the national poll, a difference within the 3% point margin of error: Reuters/lpsos

> Harris and Trump were tied at 44% in a July 15-16 poll, and Trump led by 1% point in a July 1-2 poll, both within the same margin of error.

> Zerohedge on Reuters poll:
*Democrats surveyed: 426
*Republicans surveyed: 376
*As a reminder, this is why ALL Reuters/Ipsos polls in 2016 were wrong: they oversampled Democrats by 4-6%.

infinityhedge

23 Jul 2024 07:09

MtGox moved BTC
> 37K BTC to 15yPUC
> 5k BTC to 1JbezD (MtGox)

infinityhedge

22 Jul 2024 23:57

likely seed capital for Grayscale ETH Mini Trust, corresponds to ~10% of ETHE AUM: foobar

infinityhedge

22 Jul 2024 23:47

Grayscale deposited 292k ETH worth ~$1B to Coinbase Prime

infinityhedge

22 Jul 2024 19:23

Nancy Pelosi endorses Kamala Harris for president

> schumer, jeffries to endorse harris as soon as today: CNN

infinityhedge

22 Jul 2024 08:52

MtGox BTC: Bitstamp possibly next in line after Kraken's recent transfer: Report

> 40 min ago: MtGox made a test txn to a new address and to Bitstamp, hinting at possible payout.

infinityhedge

21 Jul 2024 20:15

Biden drops out of the presidential race and endorses Kamala Harris to replace him as nominee.

> Bill and Hillary Clinton endorse Kamala Harris.
> Kamala Harris Meme Coin Soars to ATH
> Obama says for now just want to express gratitude to Biden.
> Harris says she intends to win democratic nomination.

infinityhedge

27 Jul 2024 22:01

Donald Trump Bitcoin Conference Speech Started

https://www.youtube.com/watch?v=EiEIfBatnH8

infinityhedge

26 Jul 2024 15:21

BlackRock's Head of Digital Assets:

Client Interest: Our client base today, their interest overwhelmingly is in bitcoin first and then somewhat in ETH. There's definitely interest in ETH too, and there's very little interest today beyond those two.

ETF Holder Behavior: There has been a remarkable degree of long-term "buy and hold" behavior from ETF holders so far. IBIT has only had one day of negative flows in 6.5 months since launching in January. They expect this will change over time, and they'll likely see more negative flow days in the future as that would be natural.

Adoption Stage: The Bitcoin ETF has been highly successful, but it's still early days, especially for institutional and wealth advisory adoption.. Most wealth advisory platforms are still at the 'unsolicited' stage for Bitcoin ETFs, with 'solicited' status likely to come later this year or beyond.

Allocation: Independent advisors allocating to Bitcoin ETFs are typically doing so in the 2-3% range.

Bitcoin's Unique Position: BlackRock views Bitcoin not as a simple 'risk-on' asset, but as an asset with unique fundamental drivers and potential as a flight-to-safety asset.

ETH ETF Demand: expect ETH ETF demand to be about 20%-25% of Bitcoin ETF demand in the long term.

Bitcoin's Correlation: There's one macro risk factor where bitcoin is highly exposed and highly correlated to so called risk assets. And that is that bitcoin is massively short real interest rates.

Future Outlook: I don't think we're going to see a long list of crypto ETF's. If you think of bitcoin today, 55% of the market cap ETH at 18%, the next plausible investable assets, like 3%. There's just nothing close to being at that threshold of track record and maturity, liquidity, et cetera, that bitcoin, and to a lesser extent eth have.

infinityhedge

26 Jul 2024 01:33

BlackRock's Head of Digital Assets said that Despite the launch of spot ETH ETFs this week, it’s unlikely to open the door to funds that track other crypto assets like SOL, etc: TheBlock

https://x.com/infinityhedge07/status/1816567507496391132

infinityhedge

25 Jul 2024 20:12

OpenAI is testing SearchGPT, AI-powered search engine.

> OpenAI finally coming for Google and Perplexity

infinityhedge

25 Jul 2024 16:03

VanEck's Bitcoin Price Scenario by 2050: report: July 24, 2024

2050 Price Targets:
Base case: $2.9M
Bear case: $130k
Bull case: $52M

infinityhedge

24 Jul 2024 22:28

S&P 500 streak without a 2% drop finally ended today after 356 days (longest streak since 2007) as it dropped 2.5%.

infinityhedge

23 Jul 2024 22:51

Bitcoin Conference Organizers are in talks with Kamala Harris team for her to speak at the event.

infinityhedge

23 Jul 2024 20:20

Spot ETH ETFs hits $1B in trading volume:

Grayscale (ETHE): $350M
Fidelity (FETH): $290M
BlackRock (ETHA): $176M
Bitwise (ETHW): $142M
Franklin (EZET): $46M
VanEck (ETHV): $45M
Grayscale Mini (ETH): $43M
Invesco Galaxy (QETH): $11M
21Shares (CETH): $10M

> Spot BTC ETFs did $4.6B in Volume on day one.

infinityhedge

23 Jul 2024 08:37

MtGox move $150M to Bitstamp: 9 minutes ago

infinityhedge

23 Jul 2024 00:22

BlackRock: "Our clients are increasingly interested in gaining exposure to digital assets through exchange-traded products (ETPs) which provide convenient access, liquidity and transparency".

“Ethereum’s appeal lies in its decentralized nature and its potential to drive digital transformation in finance and other industries.”

infinityhedge

22 Jul 2024 23:52

Now Coinbase sending grayscale ETH to different wallets in batches of 15k ETH

infinityhedge

22 Jul 2024 23:16

Spot Ethereum ETFs get final sign off to begin trading Tuesday: TheBlock

infinityhedge

22 Jul 2024 14:53

The Week Ahead: July
Olympics: July 26 to August 11

Macro:
> Earnings: Tesla and Google on 23
> BoC Interest Rate Decision on 24
> U.S. GDP & Jobless Claims on 25
> U.S. PCE on 26

Crypto:
> Spot ETH ETFs are expected to be approved for trading on 23
> Russia plans vote on law allowing crypto for international trade payments on 23
> Asia’s First Inverse Bitcoin ETF by CSOP will list on Hong Kong Stock Exchange on 23
> Avail Mainnet on 23
> Illuvium official game launch on 25
> Bitcoin 2024 Event: Nashville July 25-27: Donald Trump Keynote at 8:30AM-9AM UTC on 27

Unlocks:
> $ALT: 42%: $105M on 25

Rumors:
> Trump might announce Bitcoin as a strategic reserve asset at Bitcoin Conference
> Musk might attend Bitcoin conference
> XRP-SEC settlement rumours based on SEC Closed-door meeting set for July 25.

*More info/charts in comments 👇

infinityhedge

21 Jul 2024 21:35

Musk updated his 𝕏 (Twitter) profile picture to laser eyes.

infinityhedge

21 Jul 2024 20:11

ready for this ? Biden out