In a tweet that’s more dramatic than a Mel Brooks monologue, Bird proclaimed this week as XRP’s moment of truth. Every time the Russell 2000 hits an ATH, XRP supposedly throws a party. 🎉 But let’s not forget the macro data dropping this week-CPI, PPI, and all that jazz. It’s like adding a clown car to a tightrope act: chaotic but entertaining! 🤡
Amidst this theatrical performance, behold! Bitcoin, the darling of the digital age, has decided to don its finest attire, ascending gracefully past $94,000-an impressive feat for a currency that often behaves like a capricious diva. 💃
The 21Shares Bitcoin Gold ETP [BOLD], launched on the London Stock Exchange on 13 January, offers investors a “regulated” way to own both Bitcoin and physical gold. Regulated, of course, meaning someone somewhere filled out a form. 📄
At the time of writing, it was trading at $0.975. A daily session close below the $1 mark would not be a good sign for the bulls in the short term. A veritable catastrophe, one might say. 🧠
Let’s break it down. They sold 120,000 shares, which is like throwing a party and everyone’s invited. The post-sale holdings? A mere 25,076 shares. That’s a drop from 145,076-like going from a full tank to a near-empty one. But hey, they still have 360,000 options left. So, maybe they’re just getting started. Or maybe they’re just hedging their bets. Who knows?
Reports say the launch took place in Times Square, a stage fit for a sermon and a sales pitch at once, with Adams framing the token as a tool to support education and combat antisemitism and anti-American sentiment. The token rests on the Solana blockchain, as declared at launch, like an emblem pressed into the cold iron of the city. 🤖🗽
The fund, Syquant Capital, moved quietly, like a man slipping into a crowded room. Their purchase, detailed in a filing with the SEC, was not a mere transaction but a statement. They had seen something in Chart Industries, a flicker of potential in a world where most things burn out quickly. The shares they took were not just numbers on a screen but a gamble on the future-a future that might not arrive.
Data from S&P Global Market Intelligence reveals that the stock, once languishing in the shadows for the better part of the first half of the year, experienced a remarkable renaissance, captivating investors with newfound optimism.
Apparently, this blank-check brouhaha is all about expanding their empire in the public markets, targeting the crypto darlings of the digital asset world. How très chic! 💼🤑
21Shares, alongside ByteTree Asset Management, has crafted this marvel with the enthusiasm of a man who’s convinced he’s discovered a new continent – only to realize it’s just a landfill. The monthly rebalancing? A delicate dance between two assets that exist to haunt your portfolio. As one might say, “Equal risk contribution” – a poetic way of admitting neither knows what it’s doing.