11/19/2024
- Institutional Investment Wave Begins in Bitcoin
Options trading on BlackRock’s Bitcoin spot ETF begins today on Nasdaq. Analysts at QCP Capital noted that this development could usher in a new wave of institutional investment for Bitcoin. The company emphasized that derivatives markets usually grow up to 10 to 20 times the market capitalization of the relevant asset, adding that this move has great potential for the market.
by Darkex Reseach – 1 min read
- Trump’s Bakkt Move Boosts Stocks
A report in the British media outlet Financial Times that Donald Trump’s media company will buy all the shares of the cryptocurrency exchange Bakkt led to a huge jump in the exchange’s shares. Bakkt shares gained 162% in just a few hours after the news, bringing new hope to the financially struggling exchange.
by Darkex Reseach – 1 min read
- Wall Street Giants Pivot to MicroStrategy Shares
With 330,000 Bitcoin reserves, MicroStrategy, the world’s largest Bitcoin investor, is attracting the attention of Wall Street giants. According to SEC data, the number of institutional investors holding MSTR shares increased from 667 to 738. Interestingly, Vanguard, which has distanced itself from Bitcoin and announced that it will not offer a Bitcoin spot ETF, is among these companies.
by Darkex Reseach – 1 min read
- Armstrong: Elon Musk’s $2 Trillion D.O.G.E Plan is a Big Opportunity
The Department of Government Efficiency (D.O.G.E.) initiative, which aims to reduce government spending in the US by $2 trillion, was launched under the leadership of SpaceX CEO Elon Musk and former presidential candidate Vivek Ramaswamy. This plan to downsize government bureaucracy has attracted a lot of attention in the crypto world. While the name of the plan and Musk’s connections to Dogecoin have created excitement, especially in the crypto community, there is ongoing debate about its potential impact.
by Darkex Reseach – 1 min read
- Valhalla Announcement by FLOKI
British pension specialist Cartwright led and brokered the first time a pension fund in the country has invested in Bitcoin. Instead of using an intermediary such as spot Bitcoin ETFs, the unnamed fund invested 3% of its total assets directly in BTC.
by Darkex Reseach – 2 min read
- Valhalla Announcement by FLOKI
FLOKI Inu, a meme coin project, has made its long-awaited announcement. The FLOKI team announced that it has launched an extensive marketing campaign for its PlayToEarn MMORPG game Valhalla in and around Delhi, the capital of India. However, this announcement did not have any
by Darkex Reseach – 1 min read
- Giant Bitcoin Purchase from MicroStrategy
MicroStrategy bought a total of 51,780 Bitcoin between November 11th and 17th. The company continued to aggressively accumulate Bitcoin this week after completing 27,000 Bitcoin purchases last week. With the new purchases, the average cost per Bitcoin was $88,627, totaling $4.6 billion.
by Darkex Reseach – 1 min read
- Trump Makes New Moves in Crypto Space: Bakkt Acquisition on the Agenda
Donald Trump, who is preparing to return to the White House in 2025, is expanding his ventures in the cryptocurrency sector. According to the Financial Times, Trump Media & Technology Group is in advanced negotiations to acquire cryptocurrency exchange Bakkt. This step is seen as part of Trump’s strategy to grow the “crypto business”.
by Darkex Reseach – 1 min read
- Bitcoin ETF Options List on Nasdaq
Nasdaq is preparing to list options on BlackRock’s Bitcoin exchange-traded fund. The move will allow investors to invest or manage their risk in Bitcoin through derivatives. This listing of Bitcoin ETF options could bring a new influx of liquidity to the cryptocurrency market.
by Darkex Reseach – 1 min read
- Semler Scientific Expands Bitcoin Strategy
Health technology company Semler Scientific bought 215 more Bitcoin between November 6 and 15, bringing its total reserves to 1,273 BTC. A total of $17.7 million was spent for this purchase. The company’s Bitcoin investment returned 37.3% during this period. Between October 1 and November 15, Bitcoin’s total return was recorded as 18.9%.
by Darkex Reseach – 1 min read
- USDT Inflow of 3.2 billion to Crypto Exchanges!
According to data from CryptoQuant, a total of $3.2 billion worth of USDT has entered centralized cryptocurrency exchanges since November 5. This is the largest inflow since November 2021. In the same period, trading volume increased by 55% to $2.4 trillion and the number of transactions increased by 46% to over 610 million. The total number of active addresses increased by 14% to 26.7 million. This data reveals the rapid increase in the use of stablecoins.
by Darkex Reseach – 2 min read
- SEC Chairman Gary Gensler Expected to Resign
Rumors that US Securities and Exchange Commission (SEC) Chairman Gary Gensler will resign are on the agenda in Washington. It is stated that the resignation may become official after Thanksgiving. This development may have great repercussions in the cryptocurrency market.
by Darkex Reseach – 1 min read
