Institutional interest for Bitcoin and other digital assets has been apparent in previous years. Yet industry experts believe that investors are taking a newfound interest in Bitcoin (BTC) following the approval of 11 US spot Bitcoin exchange-traded funds (ETFs). David Lawant, Head of Research at FalconX – an institutional crypto brokerage – told Cryptonews that...
In a series of transactions, Michael J. Arougheti, the Co-Founder, CEO, and President of Ares Management Corp (NYSE:ARES), has sold a significant portion of his holdings in the company. According to recent filings, Arougheti sold shares worth over $5.2 million, with prices ranging from $130.1 to $132.81. The sales occurred on March 18 and 19,...
Andorra received IMF guidance on recording and tracking Bitcoin transactions on March 13, following an official request for technical assistance from the European nation. IMF’s Charge to Andorra on Bitcoin Transactions In September 2023, the IMF conducted a technical assistance (TA) visit to Andorra – a country bordering France and Spain. The visit sought to...
In a recent transaction, Jason Adair, the Chief Business Officer of Liquidia Corp (NASDAQ:LQDA), sold a total of 4,657 shares of the company\'s common stock. The sales occurred on March 18, 2024, with prices ranging from $15.5 to $15.82 per share, resulting in a total transaction value exceeding $73,000. Adair\'s sales were part of a...
Longtime Bitcoin critic Peter Schiff admitted on March 13 that he regrets not investing in Bitcoin when he was first introduced to it in 2010. The American stockbroker, known for advocating for gold investments, had previously mocked Bitcoin as a “pure Ponzi scheme.” During a televised debate, Schiff said that his net worth could have...
Ares Management Corp (NYSE:ARES) Co-Founder David B. Kaplan has sold a significant portion of his holdings in the company, according to the latest regulatory filings. Over the course of several days, Kaplan disposed of shares in a series of transactions totaling over $10.35 million. The sales, which took place between March 15 and March 19,...
JPMorgan analysts remain bearish on Bitcoin’s near-term future, believing the asset’s current rally is attributable to retail and speculative institutions. Both groups, the bank claimed on March 14, have joined momentum traders like commodity trading advisors in burrowing money into both gold and bitcoin futures. JPMorgan’s Bitcoin Analysis The bank’s analysis is a countertheory to...
In a recent move, Bennett Rosenthal, the Co-Founder and Chairman of the Private Equity Group at Ares Management Corp (NYSE:ARES), has sold shares totaling over $10 million. This sale was conducted through a series of transactions with prices ranging from $130.08 to $134.22. The series of sales, which took place between March 15 and March...
The price of the leading cryptocurrency Bitcoin faced a deep correction from its all-time highs during early Asian hours on Friday. Bitcoin is trading below $68,000, nearly 7.5% down in the last 24 hours. The price correction triggered massive liquidations as the entire network saw over $657 million positions liquidated in the last 24 hrs....
Crypto users can pay Bitcoin to subscribe and watch movies, says streaming platform Movies Plus. In an announcement on Wednesday, the free movie streaming app Movies Plus said that it has become the “first streaming platform to accept Bitcoin.” BREAKING 🚨 Movies Plus becomes the first streaming platform to accept Bitcoin! You can now pay...