Raoul Pal believes institutions have finished taking profits as year winds up
Raoul Pal suggested that profit-taking by institutions was the likely reason for recent Bitcoin sell-offs but that the selling is likely done for now.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Raoul Pal suggested that profit-taking by institutions was the likely reason for recent Bitcoin sell-offs but that the selling is likely done for now.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Ethereum staking yield is losing to cash rates, so why are investors still lining up?
Put €10,000 into Ethereum staking at a 2.2% annual return and, if ETH's price stays unchanged, you'll earn about €220 over a year....
Circle Shareholder Sues Trump, Alleging Unconstitutional Profits From $2B UAE Crypto Deals
Bitcoin Magazine Circle Shareholder Sues Trump, Alleging Unconstitutional Profits From $2B UAE Crypto Deals A shareholder from one...
Centrifuge opens production tokenization infrastructure to institutions
Centrifuge's infrastructure could revolutionize asset management by simplifying blockchain fund tokenization, reducing costs, and...
Mark Zuckerberg Meta AI Predicts an Insane Run for BTC in Q4
Something potentially seismic could be approaching for Bitcoin by January 1, 2027. Mark Zuckerberg’s Meta AI predicts that if a fu...
Coinbase to suspend FORTH trading on November 23 as Ampleforth governance token winds down
Coinbase's suspension of FORTH trading highlights the challenges faced by governance tokens amid shifting exchange standards and m...
Market sees 3% chance of Bitcoin hitting record high this year
The low probability of Bitcoin reaching a new high this year reflects cautious market sentiment and highlights challenges in achie...