Zuckerberg Weighs Leaving California Over Proposed 5% Tax
A potential departure would put a high-profile test of how California’s proposed wealth tax could affect where billionaires live and do business.
Institutional crypto activity — corporate treasuries, custody mandates, pension and endowment moves, and bank involvement.
A potential departure would put a high-profile test of how California’s proposed wealth tax could affect where billionaires live and do business.
Their roughly $80K cost basis puts them above water, but limited buying is not yet reinforcing the price-to-equity feedback loop.
The disclosure signals continued corporate-treasury exposure, but does not establish whether Tesla bought or sold Bitcoin outside the quarter.
The result puts Meta’s quarterly revenue above expectations, making the scale of its business the key signal for investors tracking major technology companies.
JPMorgan Asset Management, which runs $4.8T in client money, now ranks Bitcoin ahead of stocks, gold, and real estate over the next decade, a dramatic pivot for a bank whose CEO once called the asset…
Saylor's core argument is structural: if holding financial assets disqualifies Strategy from MSCI indexes, the same logic should strip banks and insurers of their spots too.
The divergence between surging GPU rental rates and depressed compute equity valuations points to a market that may be systematically underpricing the infrastructure cost of the AI agent wave.
The consultation is preliminary, not a final rule, but it puts exchange financing terms and actual delivery at the center of how certain retail Bitcoin trades may be regulated.
The revised target marks a sharp shift in JPMorgan’s valuation of SpaceX, though the headline provides no detail on the assumptions behind the change.
Ethereum ETFs also recorded $384.13M in net outflows over 7 days, while Bitcoin ETFs remained positive across the same period.
The sale reversed a treasury strategy SkyAI reaffirmed days before its annual meeting, while a 9.99% shareholder is demanding answers and better tender-offer terms.
The service lets eligible investors move digital assets into Grayscale products without first selling for cash, connecting crypto holdings with traditional portfolio management.
Direct token contributions could ease custody and transaction burdens while bringing more digital-asset exposure into brokerage and retirement accounts.
A 5% shift in Sky and Ethena reserves could seed $600M of equity into 3x RWA strategies, but fixed borrowing costs are key to making the trade viable for institutions.
A daily close above $87K alongside ETF inflows would suggest buyers are absorbing the overhead supply.
ETF and treasury cost basis underpin the lower zone, while buyer break-even levels, sell orders and liquidation clusters converge overhead.
The move puts a sharp spotlight on investor demand for SpaceX exposure, though the seed gives no market venue or broader trading context.
The $25.3M transfer to Binance, OKX and Bybit puts potential selling pressure on SOL in focus.
The deal would bring regulated custody operations across five markets into the bank, while separating Zodia's software and professional services business.
K33 sees a potential volatility pickup ahead after Bitcoin's 28-day realized volatility fell to 1.2%, while spot ETF flows showed continued institutional demand.