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🚨 BlackRock restricts withdrawals in $26B private credit fund
BlackRock limited withdrawals from its $26B HPS Corporate Lending Fund after investors requested $1.2B, about 9.3% of assets.
The fund paid $620M, but once it hit its 5% quarterly redemption cap, the rest of the requests were blocked. This mechanism is known as a redemption gate.
Private credit funds lend directly to companies at 8–12%, but these loans run 3–7 years and are not traded publicly. That creates a mismatch between liquid investor withdrawals and illiquid long-term loans.
The private credit market has grown to roughly $3
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JUST IN : 🇵🇰 Pakistan has passed the Virtual Assets Act 2026, creating the PVARA regulator to license crypto exchanges and custodians for the country’s 40 million crypto users.
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🇺🇸 JUST IN: 21Shares US launches a Polkadot ETF, $TDOT, giving investors exposure via banks and brokers.
DOT-1,96%
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🔥 NEW: Mastercard introduced “Verifiable Intent,” a new standards-based trust layer developed with Google to provide cryptographic proof of user authorization for AI-driven purchases.
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JUST IN: Bit Digital reports 155,434 $ETH holdings worth $305.4M, with 89% of its treasury staked.
ETH-5,32%
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JUST IN: 🇺🇸 California gas prices could surge above $8 per gallon, lawmakers and industry experts warn.
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11 Years Ago: The U.S. Sold 50,000 Bitcoin for Just $13.5 Million
On March 5, 2015, the U.S. Marshals Service auctioned 50,000 BTC seized from Silk Road at just $270 per Bitcoin.
Today, those same coins would be worth $3.60 Billion.
One of the biggest financial missed opportunities in government history.
But Everything Has Changed Now
In March 2025, President Trump signed an Executive Order creating a Strategic Bitcoin Reserve, treating BTC as a permanent national asset like gold.
→ U.S. government now holds an estimated 198,000 to 328,000 BTC
→ All seized Bitcoin goes directly into the Strate
BTC-4,39%
TRUMP-4,09%
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🔽 About $800B wiped from US stocks at the open
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JUST IN: Adam Back says Bitcoin parity with gold would put Bitcoin at $1.5 Million per coin.
"Bitcoin as an asset class has stood out from every other asset class for the last decade."
"It's really been an outlier if you can adapt to the volatility."
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JUST IN: Researchers warn 95% of Bitcoin nodes could be vulnerable to Underwater Cable Attack.
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JUST IN: Bitcoin Fintech Strike secures BitLicense to operate in New York, per report.
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JUST IN: According to report, long term Bitcoin holders buying again at a rate not seen since July 2025.
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Trump has canceled all peace talks and says the Iranian government must give up completely to end the war.
He plans to work with other countries to rebuild Iran and "Make Iran Great Again" once a new leader is in charge.
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JUST IN : 💰💰 Tether Invests In Utexo, Looking To Return To Native USDT Settlement On Bitcoin: Axios
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BREAKING: 🇺🇸 US oil prices surge above $86/barrel for the first time since April 2024.
Qatar is now warning that prices could hit $150/barrel.
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JUST IN: Slovak Developer embed 66KB image in $Bitcoin, challenging BIP - 110.
BTC-4,39%
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JUST IN: Blockstream CEO Adam Back predicts $bitcoin at $1.5M if it achieves Gold-level Valuation.
BTC-4,39%
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JUST IN: $Bitcoin relief rally hits wall as spot ETFs log $228M in outflows.
BTC-4,39%
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JUST IN: $DogeCoin Whales scoop 160M $DOGE, holdings hit 5-year high.
DOGE-2,65%
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JUST IN: SEC settles case against Justin Sun and TRON network.
TRX-0,19%
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