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Meet Peter Thiel, the newest AI bear in town

The post Meet Peter Thiel, the newest AI bear in town appeared com. So there is a guy named Peter Andreas Thiel, and he is a bit of a legend in finance and tech. But tonight, we’re going to introduce him to you as the newest AI bear on the Street. When I first heard about Peter’s decision to dump the entirety of his Nvidia holdings, I instantly realized that it made sense. There was no confusion. This is a man who has been investing since the 90s and has seen more market cycles than this author has seen birthdays, yet he walked away from a company Wall Street, Silicon Valley, and Washington have all been worshipping all year, and the 13F filing showed he did it right after Nvidia crossed $5 trillion. Anyway, the 13F filing also showed Pete cutting Tesla by more than 76%, though the EV giant is still his biggest holding at the end of September, according to InsiderScore. The stock rallied by 40% in Q3, has dropped more than 7% so far this quarter, and is barely up 3% for the year. Yet, he kept over 20% of it anyway. Meanwhile, he added over $25 million in Microsoft and more than $20 million in Apple, which says a lot, because this man doesn’t usually hide inside megacaps unless he wants insulation. The funny part is that everyone acts surprised. But if you look at Peter’s history, you shouldn’t be. He has always cut when people get euphoric. And he has always bet where he believes power shifts next. Or where he plans to shift it behind the scenes, if you know what I mean. A look into Peter’s rewired portfolio Peter’s portfolio has always been weirdly fascinating. Since the 90s, the guy has loaded up on tech, crypto, recently healthcare, and almost nothing from Europe, which is quite.

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$642 Million in Bitcoin and Ethereum Moved in Minutes as BlackRock Extends Selling Streak

The post $642 Million com. With the crypto market consistently trading in deep reds and sparking fear that the market has already entered its bear phase, BlackRock has ignited more doubts with its recent move. On Monday, November 17, data from on-chain monitoring firm Lookonchain shows that the leading asset management firm made another major deposit of 4, 880 BTC and 54, 730 ETH into Coinbase Prime. Although the investment firm has not given any clarity about the motive behind such large moves, market watchers have speculated that it is an attempt to sell off its holdings. According to the data provided by the tracker, BlackRock has transferred Bitcoin and Ethereum worth a combined total of over $642 million into a wallet on Coinbase Prime, hinting at a potential sell-off attempt. Notably, the move is garnering more attention from market participants, as it has been observed that the once-aggressive Bitcoin and Ethereum accumulator has not made any notable crypto purchases in a while. Rather, BlackRock has only continued to move both assets in large quantities recently. Is BlackRock panick-selling? BlackRock’s latest crypto deposits, which appeared in multiple batches, have come at a time when market sentiment is shaky and price volatility is spiking across the board. Over the past weeks, Bitcoin and Ethereum have continued to face severe price corrections amid the broad crypto market downturn. You Might Also Like After seeing a slight resurgence last Monday, the assets have rapidly returned to deep red territory, and Bitcoin has been bleeding heavily, sliding far below the key $100,000 support level. While Bitcoin is currently hovering around $93,000, Ethereum has also had its share of high volatility, retesting the $3,100 level again. With BlackRock consistently offloading its assets at a time like this, analysts have expressed confidence that the move is beyond a mere ETF rebalancing. However, they.

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Cboe to Launch Bitcoin (BTC), Ether (ETH) ‘Perpetual-Style’ Crypto Futures on Dec. 15

The post Cboe to Launch Bitcoin and Ether Continuous Futures (PET) will list on the Cboe Futures Exchange, and are aimed at traders who want long-term crypto exposure without the hassle of rolling expiring futures contracts. Each will have a 10-year expiration at listing and be cash-settled, with daily funding adjustments to maintain alignment with spot prices. Cboe first announced the products in September, framing them as a response to the popularity of perpetual futures on offshore platforms. Perpetual futures, while first proposed in 1993, have found little traction in traditional finance (TradFi) while becoming popular in crypto circles because they allow traders hold leveraged crypto positions indefinitely. Cboe’s products, unlike their offshore counterparts, are designed to meet U. S. regulatory standards, with clearing handled through Cboe Clear U. S., a CFTC-regulated clearinghouse. “The structure of Cboe’s Continuous Futures is designed to enable streamlined and efficient portfolio and risk management, while providing investors a controlled way to gain some leveraged exposure to digital assets,” Rob Hocking, Cboe’s global head of derivatives, said in a statement. Instead of physical delivery, the contracts settle in cash. A daily funding amount similar to the interest payments used in perpetual futures will adjust open positions based on the Cboe Kaiko Real-Time Rate for bitcoin and ether. The products could appeal to hedge funds, asset managers and sophisticated retail traders who have been wary of using offshore crypto platforms due to regulatory uncertainty or counterparty risks. The contracts will also allow for shorting and margin trading, with potential cross-margining against other Cboe crypto futures like the Financially Settled Bitcoin (FBT) and.

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Wheat Bulls Rally on Monday

The wheat complex posted a rally across the three markets in Monday. Chicago SRW was up 17 cents in the front months on the day. KC HRW futures posted 13 to 14 cent gains at the close. MPLS spring wheat futures were 5 to 9 cents in the green. USDA.

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