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Blount Charleston

Chip leadership shift reveals tech cycle peak – crypto correlation divergence due

Blount Charleston5 days ago5 min read

Chip Leadership Shift Signals Tech Peak: Bitcoin Correlation With Chips Diverges Bitcoin’s 30-day rolling correlation with the iShares Semiconductor ETF (SOXX) has dropped to 0.27, a…

Ark Invest buys $51 million in SpaceX stock

Blount Charleston1 week ago6 min read

Ark Invest Buys $51 Million in SpaceX Stock as Cathie Wood Deepens Dip Position Ark Invest, led by Cathie Wood, purchased approximately $51 million in SpaceX…

Bitcoin whale transfers $188 million after seven-year dormancy

Blount Charleston2 weeks ago5 min read

Bitcoin Whale Transfers $188 Million After Seven-Year Dormancy, Sparking Market Watch A dormant Bitcoin address moved 2,931 BTC, valued at approximately $188 million, to a new…

FIFA 2029 Club World Cup in Qatar spurs sports tokenization interest

Blount Charleston2 weeks ago7 min read

FIFA 2029 Club World Cup Bid in Qatar Ignites Sports Tokenization Race Qatar’s formal interest in hosting the 2029 FIFA Club World Cup in December has…

EDX $76M Series C closing amid ETF slowdown – market structure inflows diverge from price action

Blount Charleston2 weeks ago6 min read

EDX Markets Closes $76M Series C Led by SBI Holdings as Institutional Infrastructure Expands EDX Markets has successfully closed a $76 million Series C funding round…

Defendant moves to dismiss lawsuit for 39,069 Bitcoin wallets

Blount Charleston3 weeks ago8 min read

Defendant Moves to Dismiss $234B Lawsuit Over 39,069 Bitcoin Wallets A pseudonymous defendant known as “John Doe 33” has filed a motion to dismiss a New…

Unified ledger plans reveal institutions positioning for control of tokenized rails

Blount Charleston3 weeks ago7 min read

BIS Unified Ledger Plans Reveal Institutions Positioning for Tokenized Rails Global financial institutions are actively restructuring their infrastructure to secure control over emerging tokenized settlement rails,…

SpaceX Nasdaq-100 inclusion hype ignores treasury auction schedule – liquidity diversion risk

Blount Charleston4 weeks ago9 min read

SpaceX Nasdaq-100 Hype Ignores Treasury Auction Schedule: Liquidity Diversion Risk SpaceX’s imminent inclusion in the Nasdaq-100 index is generating billions in passive inflows, yet market participants…

Magic Internet Money’s peg collapse exposes overleveraged degen positions as whales still buying governance

Blount Charleston4 weeks ago7 min read

MIM Depeg Exposes Overleveraged Positions While Whales Buy Governance Magic Internet Money (MIM), the algorithmic stablecoin of the Abracadabra DeFi protocol, has collapsed 50% below its…

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