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From @theallinpod episode of this week: @DavidSacks: Tether will have 3 years to move onshore under this act, but the bottom line is they will have to operate in the united states. Stable coin issuers canโt pass interest to holdersโa compromise for the banks. Maybe that changes one day. @Chamath: "You know the Tether's founder is Italian."
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What a CRYPTO MONDAY: 1. @Strategy (MicroStrategy) Bought 10,100 BTC 2. @Metaplanet_JP bought 1,112 BTC for $117.2 million 3. @CoinSharesCo files its S-1 application for a Spot SOL ETF. 4. Crypto group TRON @trondao to go public 5. Truth Social files for TRUTH SOCIAL BITCOIN AND ETHEREUM ETF
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1H AFTER ISRAEL STRIKE IN IRAN > Nasdaq -1.9% > Bitcoin -2.5%, 103,000 > Gold +1.1%, to $3,422
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BlackRock is into crypto concept Real World Assets (RWA) and aims to be the leader. Its total crypto AUM : $79.5B (As of today: IBIT $72B, ETHA $4.5B, BUIDL: $2.9B) Also manages $35B worth of Circle Reserve Fund
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Investment Memos Today from Jeffrey Gundlach @DLineCap
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