Institutional investors sold $414 million in crypto assets, led by $445 million outflows from the US. Ethereum saw $222 million outflows, while Bitcoin had $194 million but remains positive year-to-date. #Update #Crypto $ETH (-8) ↘
Morgan Stanley’s Bitcoin ETF, with ticker $MSBT, is poised for launch soon, featuring a low fee of 0.14%, undercutting BlackRock’s 0.25% charge. #Update #Crypto $BTC
Billionaire investor Jeffrey Gundlach warns of a necessary stock market correction, favoring commodities like gold for long-term investment opportunities, citing current levels as attractive for addition. #Update #Crypto $GOLD
Billionaire investor Seth Klarman’s Baupost Group invests $600M in Amazon, Molina Healthcare, and Grupo Aeroméxico while reducing stakes in Alphabet and CRH PLC. #Update #Stocks $AMZN
A crypto strategist warns that a Bitcoin bull run is unlikely soon, predicting bearish pressure from the S&P 500 could trigger a sell-off in $BTC as it remains a risk-on asset. #Update #Crypto $BTC (-8) ↘
@EssenMedical agrees to pay $4M to settle a class action lawsuit over a data breach affecting 907,782 patients. Class members can claim up to $5,000 for losses. #Update #Legal
Irish authorities accessed 500 Bitcoin worth $35.5M, previously locked due to lost private keys, linked to drug trafficker Clifton Collins. The Criminal Assets Bureau, aided by Europol, made this significant recovery. #Breaking #Legal $BTC (-8) ↘
@Coinbase adds Perle (PRL) to its listing roadmap for spot trading, allowing users to generate deposit addresses; trading launch contingent on market-making support and technical infrastructure. #Update #Crypto $PRL
@Tether engages a Big Four accounting firm for an independent audit of its USDT stablecoin reserves, valued over $184 billion, aiming to enhance trust and transparency in financial operations #Breaking #Crypto $USDT (-8) ↘
Goldman Sachs’ John Storey remains bullish on European financials and asset-heavy sectors amid market resilience despite volatility. Investors should monitor geopolitical conflicts and U.S. labor data for potential impacts. #Update #Crypto $MATIC
@BlackRock CEO Larry Fink envisions tokenization as a key to democratizing investing, aiming to expand access to markets and enhance efficiency, with $150B in digital assets under management. #Update #Crypto $BTC
Bitcoin ($BTC) surged over 4% to $71,000 as President Trump announced a five-day military strike delay against Iran following productive talks, despite Iranian officials denying negotiations. #Update #Crypto $BTC (+6) ↗
Market strategist Tom Lee maintains his year-end S&P 500 target of 7,700 despite recent geopolitical turmoil, noting historical trends where markets bottom early during conflicts. The S&P 500 is currently at 6,579.75, down 4.06% year-to-date. #Update #Crypto $SPY (-8) ↘
Institutional inflows into cryptocurrencies slowed, totaling $230 million, with $219 million in Bitcoin. Ethereum saw $27.5 million in outflows, while the U.S. led regional inflows at $153 million. #Update #Crypto $BTC (-2) ↘
