🚨 Bitcoin’s Wobbly Waltz: Will It Curtsy to $37K? 👛
The wise analysts, ever vigilant, cast their gaze upon historical support levels, particularly those entwined with on-chain cost metrics. A most serious endeavor, indeed. 📈
The wise analysts, ever vigilant, cast their gaze upon historical support levels, particularly those entwined with on-chain cost metrics. A most serious endeavor, indeed. 📈
On the auspicious Thursday, Spark, with all the resolve of a heroine seeking adventure, allocated no less than $100 million of its stablecoin reserves to Superstate’s Crypto Carry Fund (USCC), a regulated basis-trading fund that, with all the subtlety of a fox in a henhouse, generates yield from price differentials between spot and futures markets. The fund, one imagines, is the hedge fund of the digital age, minus the smoking jackets and plus the blockchain. 🐾
The Darcy of Validators
In a move that could either signal a midlife crisis or a masterclass in portfolio yoga, Montreal’s Jarislowsky Fraser trimmed its Thomson Reuters (TRI 0.17%) position by 124,059 shares during Q3. The SEC got its fix via Form 13-F, and math wizards calculated the sale at roughly $22.8 million using that magic number: the average share price. For context, the fund still holds 2.9 million shares worth $448.3 million-enough to buy a small island and name it after their CFO.
Post-purchase, RDVY’s weight in the portfolio sits at 4.7%, trailing behind QQQ (7.3%), VOO (6.9%), and AAPL (5.9%). The ETF’s price, $67.00, has risen 11.9% year-over-year-impressive, if you ignore the S&P 500’s 15.18% surge. And yes, the dividend yield of 1.30% feels like a whisper in a world of shouting. But remember, history favors the patient. Or, as one monk once said: “Dividends are the slow drip that carves canyons.” 🏞️
The community is still sipping the Kool-Aid, with a market cap that says, “We believe!” and staked tokens piling up like leftovers at a potluck. But those whales? They’re the party poopers, selling off ADA like it’s last season’s fashion. 👎🐳
Ethereum’s triple bottom near $3,750-$3,800? How dramatic. Cue the 10% rebound in October-because nothing says “bullish” like a chart pattern playing hard to get. 🎭
The timing of these transactions, one might surmise, has inevitably prompted whispers of insider knowledge, as though she were a Bond villain with a penchant for blockchain. But let us not be too hasty to accuse her of sorcery; perhaps she simply possesses a sixth sense for market chaos-or a particularly persuasive parrot.
THE SEC FILINGS CAME IN LIKE A BULLET TO THE HEAD. JARISLOWSKY FRASER LTD. SLIPPED INTO RB GLOBAL DURING THE THIRD QUARTER, A 1.8-MILLION-SHARE STAKE THAT SOUNDS LIKE A BURGER MEAL FOR A HUNGRY FUND. THE AVERAGE PRICE? $100.58. THE FUND HADN’T OWNED A SINGLE SHARE LAST QUARTER. IT’S LIKE THEY WERE WAITING FOR THE RIGHT MOMENT TO PULL THE TRIGGER.
The filing, a parchment etched with the ink of quarterly averages, reveals a pattern: Cadinha’s stake in General Electric (GE +2.09%) swells to 97,280 shares, valued at $29.3 million. To the uninitiated, this is a ledger entry. To the connoisseur of markets, it is a reflection in a mirror that reflects no end. For what is a stock price if not the sum of all expectations, a recursive echo of supply and desire?