So, Hoskinson is the tech wizard who kickstarted Cardano, and boy, he’s stirred up a storm in the blockchain tea room! After some buzz about the Canton Network, our boy Charles says legacy finance is catching up like…well, like grandma trying to text. Shocking, I know.
Volatility, once the market’s fiery mistress, has retreated into the shadows, leaving behind a silence so deafening it could rival a Russian winter. Analysts, those modern-day soothsayers, whisper of a bear phase, their voices trembling with the weight of their own predictions. Yet, beneath the surface of this apparent apathy, a drama unfolds-one that cannot be captured by price alone, much like the unspoken desires of a Chekhov play.
During the third quarter, a typically discreet act of stock trimming took place-like snipping a strand of hair just before a first date, hoping no one notices. This fund, which manages nearly $320 million in U.S. stocks, decided to unload almost 3% of its position in Perimeter Solutions, leaving behind a little over 1.5 million shares valued at about $35.24 million. This modest redistribution makes you wonder if they’re trying to dress their portfolio for a cocktail party rather than a fireworks show.
On November 14, 13D Management LLC, a New York-based fund with the dramatic flair of a soap opera antagonist, filed its quarterly report revealing it had exited its entire position in Riot Platforms. The move shaved $5.12 million off its portfolio-a tidy sum, though I’m told that’s only about 0.000000001% of the wealth accumulated by people who own private islands.
On November 14, the SEC released a document that might as well have been written in code for the uninitiated. 13D Management, that shadowy cabal of financial alchemists, revealed a new position in Viasat (VSAT 0.97%) during the third quarter. They own 267,000 shares, each one a bullet in the chamber of their portfolio’s roulette wheel. The fund’s total equity holdings? A tidy 18, as of September 30. A number that feels both precise and absurd, like the price of a loaf of bread in a world run by madmen.
Per the formal disclosure, Aristides Capital liquidated its entire holding of 28,467 IBB shares, an action reflective of an active reallocation rather than an accidental retreat. Based on the quarterly average price at the time, the sale signified a substantial move-entirely unwinding their exposure to a sector that, arguably, had already experienced a significant upswing. This signals a nuanced approach to risk management, if not outright skepticism about the sustainability of ongoing momentum.
The filing, dated November 13, reads as corporate romance novels often begin: with a sudden acquisition. Yet here, no damsel in distress, only a firm weathering a 20% decline while the S&P 500 basks in 15% growth. The market, that fickle bard, sings no ballads of Fluor’s $15.59 billion revenue or its $3.38 billion net income. Instead, it hums a dirge.
As the holiday season jingles along merrily, Mr. Hoskinson finds himself in the curious position of defending his honor against the slings and arrows of outrageous fortune-specifically, the wild claims that he had a hand in ADA’s staggering 80% nosedive over the past four years. It seems the man took to X on Christmas Day, not to don a Santa hat but to deliver a message of buoyancy for 2026, urging his fellow ADA aficionados not to toss their hats into the ring of despair just yet. 🎩
After a rather original drop, price rebound and headed towards the territory between the $0.115-$0.116 mark, at which point sellers’ pressure appeared. This zone was some sort of temporary resistance, and the rejection resulted in sideways movement. 🧠 It’s like trying to open a jar of pickles with a spoon made of jelly. You’re not gonna get anywhere.
The relentless bull rally that gold and silver are experiencing is raising concerns among financial analysts, who believe that something may have broken. A recession might be just around the corner, some analysts predict. Or perhaps they’ve just discovered the concept of “normal” and are now terrified. 🤯