Author: Charlotte

Key Takeaways: Grayscale signaled bitcoin may have bottomed as buyers return to breakeven levels. Markets show cost basis alignment, reinforcing a more stable bitcoin structure. Grayscale’s head of research says further gains could confirm early stages of a new bull cycle. Bitcoin Breakeven Levels Point to Stronger Positioning Digital asset manager Grayscale signaled a potential turning point in bitcoin markets on April 21, citing on-chain data that may indicate a durable bottom. The firm pointed to strengthening price performance and improved investor positioning as early signs of a shift toward bullish conditions. Grayscale Research stated on social media platform X:…

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I was on the way to Cecily Brown’s exhibition at the Serpentine last week when I heard that Kensington Gardens had been locked down. Word was that terrorist drones armed with ‘radioactive material’ were on course to blitz the Israeli embassy, presumably taking out a large part of west London with it. Scary though this was, it was also –  as far as I’m aware – a wholesale fiction: an elaborate psy-op some would-be jihadist had staged to convince us that, yes, it could happen here. That it didn’t, and probably couldn’t, was irrelevant; what struck me was the fact…

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With golf participation rates surging to record levels, Denver-based private equity firm KSL Capital Partners has an agreement to acquire Invited Clubs, the largest private golf course owner and operator in North America, according to an email to KSL investors reviewed by Forbes.The deal is valued at $2.6 billion and was expected to close in approximately 60 days, according to the email, which was sent on Friday.For Invited, which was previously known as ClubCorp and has 125 owned clubs in its portfolio, including PGA Tour tournament hosts TPC Craig Ranch in Texas and Firestone Country Club in Ohio, a sale…

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After undergraduates cemented their new course schedules by the end of add/drop period on Friday, the Economics Department yetagain leads the list of most popular courses — unusually accompanied by a one-time-only history course.Excluding laboratory courses that accompany other classes, Yale College’s three most popular courses are “Introductory Microeconomics,” “America at 250” and “Game Theory,” with enrollments of 529, 380 and 375 students, respectively.“It’s fun to teach these big classes. I get students from a wide variety of backgrounds and majors and schools, and these students are just great,” professor Benjamin Polak, who teaches “Game Theory,” wrote to the News.…

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Virtus expands its ETF lineup with an actively managed small- and mid-cap growth strategy focused on disruptive growth Virtus Investment Partners, Inc. (NYSE: VRTS) has expanded its offerings of distinctive, actively managed exchange-traded funds with the introduction of the Virtus Silvant Small/Mid Growth ETF (NYSE Arca: SSMG), managed by Silvant Capital Management LLC (“Silvant”). The newly launched fund is the 26th ETF offered through Virtus’ multi-manager ETF platform, Virtus ETF Solutions. The strategy of the Virtus Silvant Small/Mid Growth ETF is to generate capital appreciation by investing in approximately 70 to 90 equity securities of U.S. small- and mid-cap companies…

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In brief A top U.S. military official said the government runs a Bitcoin node to test cybersecurity uses of the network. Admiral Samuel Paparo said the military sees Bitcoin mainly as a tool to help secure networks. He also praised stablecoin legislation for helping ensure the global dominance of the U.S. dollar. A top military official told Congress Wednesday that the U.S. government currently runs a node on the Bitcoin network, to conduct tests related to network security.“We have a node on the Bitcoin network right now,” Admiral Samuel Paparo, commander of U.S. forces in the Pacific, told the House…

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The central government is exploring ways to mobilise funds from insurance companies and pension funds for infrastructure financing, with a dedicated panel constituted to examine mechanisms for deploying such long-term capital into large-scale projects, according to developments reported earlier this week. The initiative is aimed at increasing the participation of domestic institutional investors—particularly insurers and pension funds—in infrastructure financing, where projects typically require long-tenure funding aligned with asset lifecycles. A senior finance ministry official indicated that the focus is on strengthening the availability and deployment of “patient capital” to support infrastructure growth.The move comes at a time when India’s…

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