https://www.thestreet.com/crypto/bitcoin/palantir-to-start-accepting-bitcoin-and-on-balance-sheet

In response, Palantir's CFO, David Glazer, said "The short answer is yes. We're thinking about it and we've even discussed it internally. If you take a look at our balance sheet there's $2.3 billion in cash at quarter-end including $151 million in cash flow in Q1. So it's definitely on the table from a treasury perspective as well as other investments as we look across our business and beyond."

Glazer continued, saying "On the other side of that, in terms of accepting Bitcoin from our customers, we do accept it as a form of payment. We're open for business there."
 

GBTC has been trading at a discount for several months in the face of rising competition and the prospect of a bitcoin ETF being approved in the U.S. this year.

https://www.coindesk.com/digital-currency-group-ups-its-gbtc-share-purchases-to-750m-limit?jwsource=cl

1/10 the size of one bitcoin.

Coming May 3

https://www.cmegroup.com/trading/micro-bitcoin-futures.html#the-basics

The SEC is already reviewing three ETF applications.

https://www.coindesk.com/nyse-files-to-list-shares-of-valkyries-bitcoin-etf

The U.S. House of Representatives on Monday passed legislation that would allow banks to provide services to cannabis companies in states where it is legal, a step towards removing what analysts say is a barrier to development of a national industry.

MSOS alert.

https://finance.yahoo.com/news/u-house-representatives-approves-cannabis-234329462.html

Maybe good timing to pile-on some EU carbon emission...

President Biden and 40 leaders in the virtual summit this week 22-23 Apr.

https://www.state.gov/leaders-summit-on-climate/

310 Businesses and investors support U.S federal climate target in Open Letter to President Biden:

https://www.wemeanbusinesscoalition.org/press-release/businesses-investors-support-u-s-federal-climate-target-open-letter-president-biden/

Business signatories include: Apple, Coca-Cola, Facebook, GE, Google, Microsoft, Walmart and many more

If the first thing that you do when you wake up in the morning is to check the crypto market (before even going to the bathroom) then you probably felt the pain today.

Bitcoin price nose dive from 60K to 52K in 15 min during the Asian session, due to rumors that the U.S treasury is planning to charge several financial institutions for money laundering using cryptos.

If for example your money is 500K$ in cash and 500K$ in Bitcoin, your 1000K$ just become about 933K$. That's no a good way to start your day.

However if you are one of the few fortunate that look at your net worth in bitcoin base, you actually made money as you now hold 17.93 worth of bitcoins instead of 16.65 you had yesterday. That nosedive should make your feel great :)

But most of us can't look at it this way, so why not just see your net worth as 500K$ + 8.33BTC. That way your net worth volatility just went to zero and you can move on with your life...

As a summary, this reiterates that:  

• We are 100% committed to converting GBTC into an ETF, as well as bringing all of our other products through the full lifecycle of our business model, iterated below, when permissible.
• The timing will be driven by the regulatory environment.
• When GBTC converts to an ETF, shareholders of publicly-traded GBTC shares will not need to take action and the management fee will be reduced accordingly.

https://grayscaleinvest.medium.com/grayscales-intentions-for-a-bitcoin-etf-b11e4faf4c05

My understanding: that should close the GBTC discount.

Prime Brokers Pounded: Credit Suisse, Nomura Crash On Archegos Margin Call Shockwave

https://www.zerohedge.com/markets/archegos-fallout-nomura-crashes-after-reporting-record-2bn-loss-transactions-us-client

Goldman Sach’s U-turn on Archegos Capital’s Bill Hwang puts the Wall Street bank at the nexus of margin call mayhem in world markets

https://www.scmp.com/business/banking-finance/article/3127390/goldman-sachs-u-turn-archegos-capitals-bill-hwang-puts

Credit Suisse and Nomura warn of losses after Archegos-linked sell-off

https://www.ft.com/content/073509cd-fe45-44d2-afac-cace611b6900

Morgan Stanley and Goldman Sachs Group Inc., along with other major banks, forced the liquidation of more than $20 billion of holdings for Hwang’s New York-based Archegos Capital Management on Friday, according to people familiar with the transactions. Among the sales were shares of ViacomCBS Inc., GSX Techedu Inc., Farfetch Ltd. and Discovery Inc.

https://www.aljazeera.com/economy/2021/3/29/bb-tiger-cubs-stumble-leaves-banks-with-giant-trading-losses

https://www.cryptoglobe.com/latest/2021/03/elon-musk-you-can-now-buy-a-tesla-with-bitcoin/