Key Takeaways NVIDIA director Mark A. Stevens sold 350,000 company shares at $176.39 each, totaling about $61.7 million. Stevens has sold over $400 million worth of NVIDIA stock in 2024. NVIDIA director Mark A. Stevens sold 350,000 shares at $176.39 each, according to an SEC filing disclosed today. The transaction, valued at approximately $61.7 million,
Circle stock remains in a deep bear market this month. The stock has crashed amid valuation and interest rate cut concerns. Tether is raising capital at a $500 billion valuation. Circle stock price remains under pressure this month as investors assess the impact of the Federal Reserve’s interest rate cuts that will impact its revenue.
The cryptocurrency landscape is rapidly evolving, attracting increasing interest from institutional players. A significant development in this space is the official launch of River Prime Vault, a groundbreaking investment product from stablecoin abstraction platform River (RIVER). This innovative offering is specifically designed to meet the sophisticated needs of institutional investors, promising a new era for
The Royal Government of Bhutan has moved another large batch of Bitcoin. They are continuing their pattern of active wallet management. On September 24, blockchain data showed the country’s state-owned investment arm. Druk Holding and Investments (DHI) transferred 419.5 BTC valued at $47.23 million to a new wallet. Despite this outflow, Bhutan still holds 9,232
Japanese investment firm Merchant Bankers (MBK Co.,Ltd) announced on September 22 a Bitcoin-based real estate settlement service intended to facilitate cross-border property payments for overseas investors. Trading resumed on September 24 after a national holiday, with the stock rising from ¥278 to a peak of ¥319 intraday before closing at ¥281, reflecting investor attention to
The world of digital assets is dynamic, but sometimes this dynamism can lead to concerning trends. Imagine discovering that a massive 80% of illegal foreign exchange transactions in a major economy like South Korea were driven by cryptocurrency activities. This isn’t just a hypothetical scenario; it’s the startling reality revealed over the last five years,
Binance founder Changpeng “CZ” Zhao has dismissed as false a Financial Times report claiming that his family office, YZi Labs, was considering raising capital from external investors. Zhao said in a social media post that the firm, valued at about $10 billion, remains a private vehicle for his wealth and has no plans to open
A massive $1.8 billion wave of liquidations is hitting Bitcoin traders, while gold trades near all-time highs. Summary Gold hits new highs as Bitcoin sees $1.8 billion in liquidations. Shawn Young, Chief Analyst at MEXC Research, notes that the recent selloff serves as a classic reminder of crypto’s structural fragility. In a comment for crypto.news,
BTC$112,598.58 remains stagnant in the $110,000 to $120,000 range, while gold and U.S. equities hover near all-time highs. According to Glassnode’s Accumulation Trend Score by cohort, selling pressure is evident across all wallet groups. This metric measures the relative strength of accumulation based on the size of entities and the volume of coins acquired over
Key metric tied to BlackRock’s Nasdaq-listed spot BTC$112,598.58 exchange-traded fund, IBIT, has been flashing warning signs for two straight months. IBIT’s one-year put-call skew, a measure of market sentiment or pessimism, flipped positive on July 25 and has remained comfortably above zero since then, according to data source Market Chameleon. That’s two straight months of