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A short-selling campaign targeting Wall Street's "tax avoidance business" is now aimed at a multi-billion dollar asset management giant. According to a recent letter to investors obtained by Bloomberg

A short-selling campaign targeting Wall Street's "tax avoidance business" is now aimed at a multi-billion dollar asset management giant.

According to a recent letter to investors obtained by Bloomberg, short-selling firm Orso Partners has established a short position in Affiliated Managers Group (AMG). AMG is an investment firm managing $813 billion, and its holdings include AQR Capital Management, founded by Cliff Asness.

Orso's logic is straightforward: AQR's core growth engine in recent years-its tax optimization strategy-is facing a direct threat from tightening regulations. Once regulations are implemented, AMG's profits will be the first to be affected.

Following the report, AMG's stock price fell as much as 1.7% to $294.28 that day, completely erasing its earlier 2.9% intraday gain.

How large is this "tax avoidance business"?

The continuous rise in US stocks over the past few years has allowed wealthy investors to accumulate substantial taxable gains. Wall Street subsequently saw the emergence of products called "tax-aware long-short strategies," specifically designed to help high-net-worth clients legally reduce their tax burden.

The operational logic is not complex: hold profitable stocks long-term to defer tax payments, while actively selling losing stocks to "reap the losses," using the losses to offset other gains, thereby reducing the current tax bill

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In a recent response on X, Ripple CTO emeritus David Schwartz shares an XRP transaction hash, alongside which he wrote, "XRP sent," causing attention on X. Advertisement The transaction details provid

'30 XRP Sent': Ripple CTO Emeritus Fulfills XRP Offer

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure XRP price had begun crashing after hitting a cycle peak of $3.6 back in July 2025. Since then, the d

Analyst Reveals Why He Doesn’t See XRP Price Crashing Below $1

Bitcoin Up 2 Weeks: Beginning or End?HTX Community Spring Creation ContestDaily $5000U Airdrop Rain: Claim Yours Now!In Trump news today, President Trump criticized Pope Leo XIV as “WEAK on Crime, and

Daily $5000U Airdrop Rain: Claim Yours Now!

In Trump news today, President Trump criticized Pope Leo XIV as “WEAK on Crime, and terrible for Foreign Policy” in a social media post that escalated a days-long public feud with the first American pope, who has repeatedly condemned the US-Israel war on Iran and called Trump’s pre-strike threat to wipe out Iranian civilization “truly unacceptable.” Summary Trump also claimed Pope Leo supports Iran having nuclear weapons, a claim the pope did not make, and said he did not want “a Pope who criticizes the President of the United States,” adding that Leo had not been on anyone’s list to become pope before the conclave. Pope Leo fired back from aboard a plane to Algeria: “I have no fear of the Trump administration or speaking out loudly about the message of the Gospel,” and vowed to continue calling for peace regardless of White House pressure. The confrontation has drawn rebukes from European leaders including Italian Prime Minister Giorgia Meloni, a Trump ally, who said it is “right and normal” for the pope to call for peace and condemned Trump’s remarks as unacceptable. Trump news today centers on the most pronounced public rupture between a US president and a sitting pope in modern history, one that began with Leo’s Palm Sunday call for peace during the Iran war and escalated through the week into direct personal attacks exchanged via social media post and press conference. Leo, born in Chicago and elected in April 2025, has been increasingly direct since the US and Israel launched the Iran campaign. He condemned Trump’s pre-strike rhetoric as attacks against civilian populations that violate international law, urged Americans to contact their congressional representatives, and on Palm Sunday said: “Jesus is the king of peace, who rejects war, whom no one can use to justify war.” Trump and Defense Secretary Pete Hegseth have both invoked God to 

In Trump news today, President Trump criticized Po

Bitcoin Up 2 Weeks: Beginning or End?HTX Community Spring Creation ContestDaily $5000U Airdrop Rain: Claim Yours Now!The US government has moved around $606,000 worth of BTC to a Coinbase Prime wallet

The US government has moved around $606,000 worth of BTC to a Coinbase Prime wallet, research from on-chain intelligence portal Arkham shows. While the value of the cryptocurrency involved was minuscule compared to the overall stash in the government wallets, the origin of these BTC can be traced back to the Bitfinex hack of 2016. The move is raising questions about whether this is a test run to transfer these BTC to institutional wallets, signaling the end of this nearly decade-long high-profile hack.The cryptocurrency exchange witnessed one of the largest cyber attacks in the history of the digital currency market, with users losing 119,754 BTC in total. Ilya Lichtenstein exploited a vulnerability in Bitfinex’s multi-signature withdrawal system, authorizing over 2,000 fraudulent transactions, and was able to steal a huge amount from the exchange’s wallets.American authorities recovered roughly 94,000 BTC from the hackers, and the stash has been sitting in government wallets ever since. It is worth a whopping $7.1 billion based on the cryptocurrency’s latest valuation. Ten years ago, it was worth just $71 million. Arkham tweeted:Lichtenstein and his wife, Heather Morgan, were both co-accused in this case and were arrested in 2022 under money laundering charges. Both received multi-year sentences after pleading guilty.While Arkham didn’t exactly say that the US government was dumping its multi-billion-dollar stash, Twitterati were quick to criticize Arkham’s choice of words, which may not be the case.One user replied:Another quipped:The truth is that there is a court-mandated restitution process in which the US government is obliged to return the BTC directly to the affected exchange, rather than liquidating it first and then paying it back.The US Department of Justice (DoJ) has been actively moving the seized Bitcoin to institutional wallets (s

The US government has moved around $606,000 worth

Bitcoin Up 2 Weeks: Beginning or End?HTX Community Spring Creation ContestClaim1,200 USDT in the Monthly Creation ChallengeThe BCMI Shows Bitcoin May Be Near a Historical Pivot Zone The BCMI indicates

The BCMI Shows Bitcoin May Be Near a Historical Pivot Zone

The BCMI indicates that Bitcoin may now be close to a region that often translates to deep undervaluation.

Bitcoin has rebounded from its April 12 low of $70,500 to trade at $77,982, marking a 10% recovery. Amid the recent price action, Woominkyu, a verified analyst at CryptoQuant, pointed out that the Bitcoin Combined Market Index (BCMI) shows Bitcoin may be testing a historical pivot zone.

Key Points

The BCMI suggests Bitcoin may be retesting a historical pivot zone.

This index sits between 0.2 and 0.3, placing Bitcoin within a historically undervalued range.

The BCMI Shows Bitcoin May Be Near a Historical Pi

Bitcoin Up 2 Weeks: Beginning or End?HTX Community Spring Creation Contest Blockchain Forum 2026, Moscow XRP rebounds from $1.4 – Can bulls push toward $1.67 next? $XRP is starting to regain strength 

XRP rebounds from $1.4 – Can bulls push toward $1.67 next?

$XRP is starting to regain strength after holding firm at a critical demand zone near $1.4. The reaction from that level was not weak or hesitant.

Price bounced with intent, and since then, momentum has been building in a way that suggests buyers are stepping back in with confidence.

Demand zone shifts short-term bias

The $1.4 zone has now proven to be more than just temporary support. It acted as a base, and the rebound from it has shifted the short-term structure back in favor of buyers.

However, the path to test higher points of interest is not completely open. The market is now approaching a layered resistance area that could slow things down.

The supply zone between $1.5 and $1.6 stands as the immediate barrier. It is a zone where sellers previously stepped in, and it is likely to attract attention again.

$1.67 liquidity level remains the key target

Beyond the current supply zone, the larger objective sits around $1.67. This level represents both a prior high and a clear liquidity target.

Markets tend to gravitate toward such levels, especially when momentum is already building. A liquidity cluster worth 4.66 million at the 1.66 resistance level underlines the price level as a key target for Ripple buyers.

Still, reaching that level will depend on how price behaves within the $1.5–$1.6 range. A clean push through could open the path toward $1.67. A rejection, on the other hand, may lead to a pause or brief consolidation.



XRP rebounds from $1.4 – Can bulls push toward $1.

Bitcoin Up 2 Weeks: Beginning or End?HTX Community Spring Creation ContestDaily $5000U Airdrop Rain: Claim Yours Now!President Donald Trump announced Friday that his administration's review of classif

President Donald Trump announced Friday that his administration's review of classified UFO-related materials has uncovered a number of "interesting" documents, with the first batch expected to be made public very soon. Speaking at a Turning Point USA event, Trump told supporters, "We found many very interesting documents, I must say, and the first releases will begin very, very soon so you can go out and see if that phenomena is correct."The announcement has reignited widespread public curiosity surrounding unidentified aerial phenomena (UAP) and the possibility of extraterrestrial life. Trump's disclosure comes after he signed a directive in February ordering federal agencies to begin declassifying and releasing government files related to UFOs, UAPs, and potential alien activity — a move driven by growing public demand for transparency on the subject.The push for disclosure was further fueled by comments made by former President Barack Obama, who acknowledged during a podcast interview that unidentified flying objects are "real." Trump accused Obama of improperly sharing classified information through those remarks, which ultimately accelerated the current administration's efforts to bring these long-hidden government records into the public domain.The upcoming release of UFO files is expected to draw enormous attention from both mainstream audiences and dedicated UFO researchers who have long called on the government to be more open about what it knows. While the exact contents of the documents remain unknown, Trump's characterization of them as "interesting" has only deepened speculation about what the files might reveal.With the first wave of declassified UAP records set to drop imminently, the world will soon have access to information that has been shrouded in government secrecy for decades. This marks a significant step toward greater tr

President Donald Trump announced Friday that his a

On April 18, Iranian Vice President Aref stated that all of Trump's policies are filled with delusions and contradictory rhetoric, and the various tweets he has released are worthless. However, our re

Iranian Vice President: Trump's Policies Are Filled with Delusions and Contradictory Rhetoric

WL: Ethereum L2/Sidechain

Bitcoin Up 2 Weeks: Beginning or End?HTX Community Spring Creation ContestDaily $5000U Airdrop Rain: Claim Yours Now! Zondacrypto under fire as Poland's prime minister links exchange to legislative in

Zondacrypto under fire as Poland's prime minister links exchange to legislative interference
Polish cryptocurrency exchange Zondacrypto's problems just keep mounting.

Already under fire following reports of frozen or delayed customer withdrawals, the company on Friday drew the ire of Prime Minister Donald Tusk, who told parliament the company had sponsored some politicians who opposed crypto market regulation.




Zondacrypto under fire as Poland's prime minister

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