Bitcoin Recovery Looms as Trump Insider Closes Shorts
The “Trump insider whale” has closed $86.6M in Bitcoin shorts, securing a $2.38M profit, as optimism grows over U.S.-China economic talks; Bitcoin trades between $109K-$110K. #Update #Crypto $BTC
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The “Trump insider whale” has closed $86.6M in Bitcoin shorts, securing a $2.38M profit, as optimism grows over U.S.-China economic talks; Bitcoin trades between $109K-$110K. #Update #Crypto $BTC
@Hyperliquid Strategies has filed with the U.S. SEC to raise up to $1 billion via equity offering, aiming to strengthen its balance sheet and accumulate HYPE tokens. #Update #Crypto $HYPE
Ripple executive chairman Chris Larsen has realized $764 million in profit from XRP since 2018, moving 50 million XRP for an investment in Evernorth amid a significant price rally. #Update #Crypto $XRP
One of Trump’s advisers suggests the US Government shutdown may end this week, potentially allowing XRP ETF filings to proceed with SEC approval. #Update #Crypto $XRP
Senate Democrats and Republicans concluded meetings on the Crypto Market Structure Bill with industry leaders from @Coinbase and @Ripple, aiming for expedited progress before year-end. #Update #Crypto $XRP
@TRowePrice has filed for its first actively managed crypto ETF, targeting assets like $BTC and $ETH, with plans to outperform the FTSE Crypto U.S. Listed Index. #Update #Crypto $BTC $ETH
Hong Kong has approved its first Solana ETF, set to launch on October 27, while an analyst projects $SOL could reach $400. Investment products have seen $706M in inflows. #Update #Crypto $SOL
PumpFun on $SOL surpasses Four Meme as over $8M in capital flows back to Solana, marking a significant shift from the BSC meme season. User engagement remains strong across both platforms. #Update #Crypto $SOL
The “Trump insider whale” has increased its BTC short position by 200 BTC, totaling 900 BTC as U.S.-Australia trade tensions with China escalate. #Update #Crypto $BTC
@ProShares has filed for an ETF tracking the CoinDesk 20 Index, focusing on $BTC, $ETH, $XRP, and $SOL with a Cayman subsidiary for derivatives. This reflects rising institutional crypto demand. #Update #Crypto $BTC $ETH $XRP $SOL
Crypto and AI Czar @davidsacks47 will meet with Republican Senate Banking Committee members to advance the crypto market structure bill amid growing regulatory clarity demands. #Update #Crypto
@BlackRock has launched its first Bitcoin ETP on the London Stock Exchange, following the FCA’s lift of a four-year crypto ETP ban, enhancing access for UK retail investors. #Update #Crypto $BTC
Ethereum core developer Péter Szilágyi criticized founder Vitalik Buterin for excessive control, prompting Polygon CEO Sandeep Nailwal to call the ETH community a ‘shit show’; Buterin’s response aims at damage control. #Update #Crypto $ETH
@21Shares has filed for a Spot Dogecoin ETF with the SEC, awaiting management fee details. DOGE price surged 6% to $0.20 amid rising approval sentiment for crypto ETFs. #Update #Crypto $DOGE