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  • eToro CEO: Bought 4,000 BTC at approximately $5 each between 2011 and 2012, and sold them when their value reached $50 million.
    eToro CEO Yoni Assia stated on @parisblockweek that eToro bought BTC at approximately $5 per BTC between 2011 and 2012, accumulating a total holding of 4,000 BTC, before selling the position when its value reached $50 million. (Cointelegraph)
    Bullish
    Bearish
  • Compass Announces Share Transfer Plan by Major Shareholder
    On April 15, Jin10 reported that Compass has announced a plan by its major shareholder, Guangzhou Zhanxin Communication Technology Co., Ltd., to transfer 24,391,677 shares, representing 4% of the company's total share capital, through an inquiry transfer method. According to Jin10, the transfer will not be conducted through centralized bidding or block trading, and the transferee will be institutional investors with the necessary capabilities. The allocated shares cannot be transferred within six months after acquisition. The minimum transfer price is set at no less than 70% of the average stock trading price over the 20 trading days preceding the subscription invitation. The seller stated that the funds from this transfer will be used to subscribe to the company's proposed non-public issuance of perpetual corporate bonds, repay stock pledge funds, and support the company's business development. This transfer will not result in a change of control for the company.
    Bullish
    Bearish
  • Pacific Investment Management CIO: Secondary Inflation Effects from Rising Oil Prices Unlikely to Manifest
    The Chief Investment Officer of Global Fixed Income at Pacific Investment Management Company has expressed skepticism regarding the emergence of secondary inflation effects due to soaring oil prices. According to Jin10, the CIO noted that while oil prices have surged, the anticipated inflationary impact may not materialize as expected. Additionally, the company plans to closely monitor the extent of any fiscal intervention measures that may be implemented.
    Bullish
    Bearish
  • Potential IPOs May Impact Bitcoin Liquidity
    SpaceX, OpenAI, and Anthropic are projected to require between $104 billion and $197 billion in IPO capital this year, according to BloFin Research. This substantial demand could create a short-term liquidity strain on Bitcoin and other risk assets. According to NS3.AI, Bitcoin might remain within a specific price range during peak issuance periods. However, it could potentially benefit if liquidity, post-lockup, is redirected into speculative assets.
    Bullish
    Bearish
  • TeraWulf's $900 Million Stock Offering Impacts Share Price
    TeraWulf has announced an upsized $900 million common stock offering to finance its planned data center campus in Hawesville, Kentucky. According to NS3.AI, the company's shares experienced a decline of approximately 6%, settling at $19.70 in pre-market trading following the pricing announcement. The net proceeds from this offering are intended to repay outstanding amounts under TeraWulf's bridge credit facility. The company anticipates first-quarter revenue to be between $30 million and $35 million, with an adjusted EBITDA of up to $3 million.
    Bullish
    Bearish
  • EU Antitrust Raids Target Nutella Maker Ferrero
    Ferrero, the renowned manufacturer of the popular chocolate-hazelnut spread Nutella, faced antitrust raids by the European Union this week. Bloomberg posted on X, highlighting the EU's ongoing efforts to investigate potential anti-competitive practices within the food industry. The raids are part of a broader initiative by the EU to ensure fair competition and prevent monopolistic behavior among major food producers. Ferrero, known for its iconic products, has been under scrutiny as regulators aim to maintain market balance and protect consumer interests. The company has yet to comment on the specifics of the investigation or its potential implications.
    Bullish
    Bearish
  • Iranian military responds to US naval blockade
    A spokesman for the central headquarters of the Iranian Armed Forces in Hatem-Anbia stated on the 15th that if the United States continues its maritime blockade, causing insecurity for Iranian merchant ships and oil tankers, then the Iranian armed forces will not allow any import or export activities to continue in the Persian Gulf, the Gulf of Oman, and the Red Sea. (Xinhua)
    Bullish
    Bearish
  • Trump Discusses Letter Exchange with Xi Amid Concerns Over Iran
    U.S. President Donald Trump revealed that he has exchanged letters with Chinese President Xi Jinping. Bloomberg posted on X that the correspondence appears to be driven by worries regarding China's potential provision of weapons to Iran. The exchange highlights ongoing geopolitical tensions and the complexities of international relations involving the U.S., China, and Iran.
    Bullish
    Bearish
  • The Iranian military warned the United States against continuing its naval blockade.
    According to market sources, the Iranian military warned the United States against continuing its maritime blockade, stating that a continued blockade would undermine the ceasefire. If the blockade continues, Iran will not allow the movement of goods into or out of the Gulf region.
    Bullish
    Bearish
  • Bitcoin Retail Demand May Rise with Larger Tax Refunds and New IRS Reporting Rules
    Larger tax refunds and new IRS cryptocurrency reporting rules could potentially boost Bitcoin retail demand during this tax season. According to NS3.AI, IRS data revealed that refunds totaled $241.7 billion by April 3. MarketWatch noted that the average refund amounted to approximately $3,521. The report also mentioned that slower filings were partly due to late-arriving forms and cryptocurrency paperwork.
    Bullish
    Bearish

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