Tag: Theories

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Fact or Fiction? Theories Littered Across Social Media About Blackrock’s Alleged Bitcoin Buying Spree

September 3, 2023

This past week, the U.S. Securities and Exchange Commission (SEC) delayed seven spot bitcoin exchange-traded funds (ETFs), including Blackrock’s proposed Ishares Bitcoin Trust. Alongside this news, Into The Block metrics indicate that from August 13 to the 31st, large BTC holders dubbed ‘whales’ increased their caches by $1.5 billion. Amidst the price consolidation and accumulation,…
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Altcoins Feel the Heat: Crypto Market Theories Run Wild, While Proponents Seek Guidance 

June 11, 2023

Amid the recent crackdown on two of the world’s largest crypto exchanges, cryptocurrency enthusiasts have been buzzing with discussions on various theories and investment strategies. While some have opted to sell their holdings in the face of uncertainty, others have taken a different approach. Rather than focusing on short-term gains, some crypto proponents are playing…
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Sam Bankman-Fried’s weird, cryptic tweets attract even wilder theories

November 15, 2022

A series of strange tweets by former FTX CEO Sam Bankman-Fried caused widespread speculation on Twitter, but he claims he’s “improvising” and “making it up as I go.” Sam Bankman-Fried, the founder and former CEO of the now-bankrupt cryptocurrency exchange FTX created a strange Twitter thread starting on Nov. 14 attracting the attention and speculation…
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Report: Billion-Dollar Hedge Fund Fir Tree Eyes Shorting the Stablecoin Tether

March 12, 2022

The hedge fund Fir Tree Capital Management’s investors claim it has developed a method to short the stablecoin tether. A report notes that “clients of the firm” said the potential to reap big rewards from shorting the world’s largest stablecoin is great. Investors Say Hedge Fund Devised a Method to Short Tether, Fir Tree Bets…
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