In a world where the stock market is as unpredictable as a British summer, Montreal-based Formula Growth disclosed a new position in Galaxy Digital on November 13. They acquired 139,195 shares, a sum worth roughly $4.71 million. This is not a casual stroll through the financial park but a calculated step into the unknown, much like choosing a restaurant based solely on the color of its napkins.
Picture this: X erupts into a Bitcoin drama so wild, even Shakespeare would ask for a refund. Fundstrat’s co-founder, Tom Lee, had to step in like a bouncer at a crypto casino, shouting, “It’s not a fight-it’s a dance!” 🕺
They’re both low-cost, both U.S. tech, but one holds 70 names, the other 294. The giant, XLK, has three big names-Nvidia, Apple, Microsoft-eating up a third of its assets. The smaller, FTEC, spreads its bets wider, though many of its holdings are tiny. So it goes.
On November 13, the SEC received a filing that might have been mistaken for a medieval scroll. Portolan, with the audacity of a scribe in a monastery, acquired 2.4 million shares of DBRG, swelling its stake to $63.98 million. A feast of capital, yet one wonders if the feast is prepared for a banquet or a funeral.
Transaction value calculated using the SEC’s special fairy dust formula; post-transaction value based on market goblins’ closing chants.
Ah, Brazil! Land of samba, football, and now… sensible crypto investing? 🕺⚽ Yes, you heard it right! The young’uns (Gen Z, if you must be fancy) are ditching the rollercoaster of volatile tokens for the snug embrace of stablecoins. According to Mercado Bitcoin, these under-24 whiz kids are the fastest-growing gang in the crypto circus, up 56% in 2025. Who said the youth are reckless? They’re more like the Grand High Wizard of financial prudence! 🧙♂️✨
Recently, Binance Futures has reported a remarkable 12% spike in open interest for ETHUSDT contracts over the past day. This surge, akin to the revival of a long-dormant flame, signals a burgeoning interest among market participants. Meanwhile, the funding rates for ETH perpetual contracts have settled around a mild 0.01%, whispering sweet nothings of reduced liquidation risks into the ears of hopeful traders.
And who’s to blame? Not just the small fry, mind you. The whales-those big fish in the crypto sea-have been dumping their cargo, sending the price into a tailspin. 🦈💸 Spot market activity shows these leviathans aren’t just splashing around; they’re diving headfirst into the sell side. Retail panic? Pshaw! This is a full-blown whale migration to safer waters.
According to Kratter, Bitcoin beats gold at its own game. Why? Let’s break it down: scarcity, portability, verifiability, divisibility… and also, it doesn’t require a forklift to move. Gold’s supply has been creeping up by 1-2% annually for centuries, which sounds innocent until you realize it’s doubling every 47 years. That’s like your ex’s Instagram followers-slowly, but inexorably. 😬
The fund’s divestment of 246,414 shares of Shift4 Payments (FOUR 0.56%) during the third quarter corresponded to a $28.52 million decline in position value compared to the prior reporting period. Post-transaction, Portolan held 188,761 shares valued at $14.61 million.