The latest data from the Chicago Mercantile Exchange (CME) reveals that hedge funds are twice more short than long on bitcoin futures. There were 7,991 shorts contracts by hedge funds as of this Tuesday according to the Commodities Futures Exchanges Commission (CFTC) which finalized the data on Friday. Each contract is worth the equivalent of five bitcoins, meaning they are […]
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Bitcoin is up by more than 10% today to above $38,000 at some point from $32,000 yesterday. Unfiltered volumes have ballooned to near $120 billion while credible volumes have jumped to $27 billion, a trippling. That last red candle is the precise moment Dow opened, which went down 1.2% before currently recovering to -0.43%. The instant bitcoin move at market […]
Read moreShares of Annovis Bio Inc. (ANVS) have gained an impressive 76% from their 52-week low of $2.42, recorded last March, and trade around $10. This clinical-stage company developing novel treatments for Alzheimer’s disease (AD), Parkinson’s and other neurodegenerative diseases, made its debut on the NYSE American Exchange on January 29, 2020, by setting a public offering at $6.00 per share. […]
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Bittrex Global, a subsidiary of the US based Bittrex crypto exchange, has announced they are listing any stock restricted by Robinhood, including GME, AMC, NOK, BB and the iShares Silver Trust (SLV). “Bittrex Global will continue to list additional stocks as other firms announce a delisting from their platforms,” they said. The Bermmuda based exchange has the German regulated CM-Equity […]
Read moreU.S.-based cryptocurrency exchange Coinbase Global, Inc. announced plans to become a publicly-traded company later this year by pursuing a proposed direct listing of its Class A common stock. Coinbase, one of the world’s largest cryptocurrency exchanges, had previously announced in mid-December that it had confidentially submitted a draft registration statement on Form S-1 with the U.S. Securities and Exchange Commission. […]
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Quick take: Anthony Pompliano sees Tesla and SpaceX adding Bitcoin to their balance sheet This comes after Elon Musk changed his Twitter bio to simply read ‘Bitcoin’ Bitcoin has since rallied from the $32k price area to around $38k Back in late December, Michael Saylor had suggested that Elon convert Tesla’s balance sheet to Bitcoin Popular Bitcoin bull and crypto […]
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Elon Musk has changed its Twitter bio to one word: Bitcoin. The billionaire entrepreneur, whose opinion of the benchmark cryptocurrency has juggled between skepticism and praise, appeared to have taken a definite stance about it. In a tweet that followed shortly after the bio update, Mr. Musk said that “in retrospect, it was inevitable.” That was enough for Bitcoin bulls […]
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The recent 92.7% upsurge in GameStop’s (NYSE: GME) stock has been making rounds in the fintech community, and as expected the Bitcoiners didn’t fail to chime in. The rally began on Tuesday when Redditors from the r/WallStreetBets Reddit community ignited a campaign that sent the stock to the rooftop. Elon Musk who later joined in the conversation caused stock prices […]
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Ray Dalio, founder of Bridgewater Associates which has $150 billion in assets under management, has become one of the most high profile financier to u-turn on bitcoin. “I believe Bitcoin is one hell of an invention. To have invented a new type of money via a system that is programmed into a computer and that has worked for around 10 […]
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