Galaxy to Launch $100M Hedge Fund to Trade Crypto Upside and Downside

Mike Novogratz’s digital asset firm Galaxy is preparing to launch a $100 million hedge fund aimed at profiting from both rising and falling crypto prices. The fund is set to launch in the first quarter and will be structured to take long and short positions across digital assets and traditional equities tied to financial infrastructure, the Financial Times reported on Wednesday. Up to 30% of the fund’s capital will be allocated directly to crypto tokens, with the remainder deployed into financial services stocks expected to be shaped by digital asset…

COIN Crushes Earnings: Key Levels & Options to Track Ahead

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io After Coinbase (COIN) rallied Friday off a strong earnings beat, Rick Ducat takes a closer look into the stock’s year-to-date outperformance and comparisons between the SPX and Bitcoin. He takes investors through his technical analysis which shows a compressing pattern and the bullish traction he sees in the options front. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter – Download the iOS app – Download the Amazon Fire Tv App – Watch…

Trove’s New Token Craters 95%, Sparking Investor Revolt

Trove Markets’ new token collapsed almost immediately after trading began, wiping out the vast majority of early gains and leaving many backers angry and confused. The drop was brutal. Traders who bought early watched their holdings shrink by about 95% in a matter of hours. Token Price Plunges After Launch Initial prices implied a market value near $20 million. Based on reports, the token fell to roughly $0.0008 per unit, trimming the market cap to below $1–2 million. Some wallets unloaded huge chunks of coins right after the token generation…

Bhutan to Strengthen Blockchain Role as New Sei Validator

The Kingdom of Bhutan is set to deploy and run a Sei Network validator in Q1, the latest addition to the country’s digital transformation push.  The validator will be spun up in a collaboration between the Sei Development Foundation and Druk Holding and Investments (DHI) technology division — the primary sovereign wealth fund and holding company of Bhutan. Phuntsho Namgay, the head of DHI’s department of Innovation and technology, said the wealth fund plans to continue exploring other opportunities with the Sei Development Foundation as part of its digital transformation…

XRP Holders Will Be Very Wealthy… Nothing Can Stop What’s Coming! They’ve Planned This For YEARS!!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 🚨🔥 GET THE WELCOME BONUS TOOBIT: New users will receive a 50 USDT Bonus after register & deposit at least $10 USDT Deposit 150,000 USDT/XRP/ ANY COIN = $30,000 Trial Funds Deposit 80,000 USDT/XRP/ ANY COIN = $16,000 Trial Funds Deposit 30,000 USDT/XRP/ ANY COIN = $6,000 Trial Funds Deposit 10,000 USDT/XRP/ ANY COIN = $2,000 Trial Funds Deposit 3,000 USDT/XRP/ ANY COIN = $600 Trial Funds Deposit 600 USDT/XRP/ ANY COIN= $120 Trial Funds 🔥Deposit Reward Bitunix: Deposit $2000 & get…

Chainlink Drops To $12.50, But Largest Whales Are Accumulating

On-chain data shows the largest of Chainlink whales have been accumulating recently even as the cryptocurrency’s price has slipped below $13.00. Top 100 Chainlink Whales Have Been Expanding Their Supply In a new post on X, on-chain analytics firm Santiment has talked about the latest trend in the holdings of the 100 largest addresses present on the Chainlink network. This category of holders naturally includes the large whales, investors who carry sums significant enough to have some influence on the blockchain. As such, their combined supply can be worth keeping…

Grayscale Files To Convert NEAR Protocol Trust Into Spot ETF

Crypto asset manager Grayscale has filed with the US Securities and Exchange Commission to convert its NEAR Protocol Trust to an exchange-traded fund. Grayscale filed a preliminary prospectus on Tuesday for the Grayscale NEAR Trust, a security that offers shares representing fractional ownership in NEAR Protocol tokens (NEAR).  The company intends to convert the existing Trust into an ETF to be listed on the New York Stock Exchange Arca.  The move follows Grayscale’s established pattern of launching products as private trusts, moving them to OTC markets, and eventually converting them…

Dogecoin (DOGE) Rebound Looks Fragile With Multiple Hurdles Ahead

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

What Led To The Bitcoin Crash & What Investors Should Do Next I Bitcoin Crash Explained

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin Crash News | Here’s the real reason why Bitcoin crashed. Watch the complete video if you are an investor and want to know what you can do next. #bitcoin #cryptocurrency #crypto For more videos subscribe to our channel: Visit NDTV Profit for more news: Don’t enter the stock market unaware. Read all Research Reports here: Follow NDTV Profit here Twitter: , LinkedIn: Instagram: Facebook: ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Bitcoin IFP Hints At Potential Turnaround: What It Means

Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started…