⚡️ ETFS: BlackRock’s IBIT led November’s Bitcoin ETF bleed, driving $2.47B in outflows on its own. https://t.co/h3EaiP2uWX ...

WuBlockchain Weekly: Qiao Wang Warns of Potential 50% Market Drawdown, Vitalik Flags Quantum & Institutional Risks, $1B ETH DAT Halted, First Bitcoin-Backed Municipal Bond Approved in U.S., BlackRock Registers Staked ETH ETF, OCC Clarifies Banks Can Hold Crypto for Network Fees, and More https://t.co/v2TI5Y01Vg ...

BlackRock just deposited another 4,198 $BTC($348M) and 43,237 $ETH($117M) to #CoinbasePrime.https://t.co/qmuDIrPHc6 https://t.co/OUTkPTcGJj ...

Core Insights - Billionaire hedge fund managers are seen as some of the most successful investors, but their investment moves can be difficult to analyze due to delayed public disclosures [1][2] - Retail investors are advised to conduct their own research rather than blindly following billionaire investments, although multiple billionaires investing in a stock can indicate bullish sentiment [3] Hedge Fund Investments - Hedge funds typically have a short investment horizon of 12 to 18 months, which may not align with long-term value [2] - Billionaires are currently investing in a BlackRock exchange-traded fund (ETF), which analysts believe has significant growth potential [3] Bitcoin Market Dynamics - Bitcoin has experienced high volatility influenced by interest rates, the Federal Reserve's balance sheet, and economic expectations, yet many investors maintain a long-term bullish outlook [4] - The iShares Bitcoin Trust ETF (IBIT) is highlighted as a primary vehicle for gaining exposure to Bitcoin, being the largest spot Bitcoin ETF by assets [5][6] Institutional Interest in Bitcoin - Several hedge funds have increased their stakes in IBIT, with Coatue Management increasing its position by 135% and Schonfeld Strategic Advisors by 20% in the third quarter [9] - Price targets for Bitcoin vary, with notable figures such as $150,000 by year-end and $1 million over the next four to eight years being set by various analysts [9][11] Price Target Predictions - Analysts have set ambitious price targets for Bitcoin, with some predicting $180,000 and $200,000 by year-end [11] - The growing perception of Bitcoin as "digital gold" suggests it could serve as a diversification tool for long-term investors [10]

Bitwise Europe research head André Dragosch said Bitcoin’s potential max-pain zone likely lies near $84,000, the average cost of BlackRock’s IBIT, or around $73,000, MicroStrategy’s cost basis. He noted that reaching either level could mark a cycle “clear-out” and potentially the final bottom. https://t.co/dvVgV75NLP ...

Core Insights - HelloTrade, a blockchain-powered trading platform founded by former BlackRock crypto directors, has successfully closed a $4.6 million seed round led by Dragonfly Capital, indicating strong market potential and the founders' proven track record [1] - The platform aims to democratize access to global capital markets by allowing users to gain leveraged exposure to stocks, ETFs, commodities, and crypto without the usual barriers [4][5] Company Overview - HelloTrade is built on MegaETH, enabling users to trade with the speed of traditional brokerage platforms while processing over 100,000 transactions per second [4] - The founders, Kevin Tang and Wyatt Raich, have extensive backgrounds in finance and technology, having previously worked at BlackRock's digital assets division [8] Market Opportunity - The platform addresses long-standing barriers in capital markets, such as geography, high capital requirements, and complex systems, which have limited access for both retail and professional investors [3] - HelloTrade's approach is inspired by the transformation of access to digital assets through crypto derivatives, aiming to apply similar principles to traditional equities [5] Advisory Support - The company is backed by a strong advisory team, including notable figures from various sectors, enhancing its credibility and potential for success [6]

Daily News 🗞 | November 21• Abu Dhabi Investment Council triples stake in Bitcoin ETF in Q3• BlackRock is working on a new staked Ethereum trust ETF• Crypto and tech stocks climb on Nvidia’s blowout Q3 earnings• Cathie Wood’s ARK loads up on Circle, BitMine, Bullish as crypto stocks slide• India launches rupee-pegged digital asset Arc with Polygon and Anq#CryptoNews #PoloniexNEWS ...

Core Points - BlackRock has announced shareholder approval for the reorganization of certain municipal closed-end funds (CEFs) into fewer acquiring funds, which is expected to be completed by February 2026 [1][2][5] Group 1: Reorganization Details - Eight municipal CEFs will be reorganized into four acquiring funds, specifically: - BlackRock Municipal Advantage Trust (BTA) will merge into BlackRock MuniAssets Fund, Inc. (MUA) - BlackRock California Municipal Income Trust (BFZ) will merge into BlackRock MuniHoldings California Quality Fund, Inc. (MUC) - BlackRock New York Municipal Income Trust (BNY) and BlackRock MuniHoldings New York Quality Fund, Inc. (MHN) will merge into BlackRock MuniYield New York Quality Fund, Inc. (MYN) - BlackRock MuniHoldings Quality Fund II, Inc. (MUE), BlackRock Municipal Income Trust (BFK), BlackRock Municipal Income Quality Trust (BYM), and BlackRock Municipal Income Trust II (BLE) will merge into BlackRock MuniHoldings Fund, Inc. (MHD) [2][5] - The reorganizations are expected to be non-taxable events and will be based on the relative net asset values of each Fund's common shares at the time of the reorganization [2][5] Group 2: Company Overview - BlackRock aims to enhance financial well-being for investors by providing financial technology and investment solutions, helping millions build savings for their future [3] Group 3: Fund Updates - BlackRock will provide monthly updates on the performance and other data for the Funds on its website, ensuring investors have access to relevant information [4]

solana added $634m in rwa tvl this year to $807m total. blackrock's buidl fund grew 768% quarter over quarter. circle minted $6.75b usdc in october alone. paypal's pyusd crossed $1b. all this happened at sol $134 after shitters died. infrastructure gets built in bear markets ...

⚡️ INSIGHT: Analysts say Bitcoin is nearing its “max pain” range of $84K–$73K, tied to BlackRock’s IBIT and Strategy cost bases, framing the slump as a deep discount zone. https://t.co/YZ3Ial8dhX ...