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GameStop's Meme Stock Explodes Again After YouTuber Roaring Kitty Returns
13.5.2024
It’s been three years since GameStop’s stock originally exploded during the pandemic as big-time investors capitalized on an internet feud between deep-pocketed hedge funds and very online Redditors. Now the meme stock is back for round two after Roaring Kitty, AKA Deep Fucking Value, AKA Keith...
GameStop Wants You To Start Trading In Your Valuable Pokémon Cards
10.5.2024
The market for high-end collectibles like rare Pokémon cards has exploded in recent years, and GameStop seems to want a piece of it. The gaming retailer told some store managers this week that it would begin testing buying Professional Sports Authenticator (PSA) graded trading cards later this...
Bitcoin’s Rally to $62,000 Triggers $26.65 Million Short Squeeze in 4 Hours
3.5.2024
After reaching a low of $56,500 on April 30, bitcoin climbed to a peak of $62,109 by Friday, May 3, in response to the previous downturn. This uptick resulted in the liquidation of $26.65 million in bitcoin short positions within just four hours, and approximately 48,962 traders found their...
Financial Squeeze Tightens for Bitcoin Miners as Earnings Continue to Fall
28.4.2024
On Friday, Bitcoin’s hashprice was $56.95 per petahash per second (PH/s), but by Sunday, it had dropped to $51.66 per petahash. Over the last 100 blocks, bitcoin miners averaged about 3.55 BTC for each block they mined, indicating that bitcoin miners are receiving less than half a BTC...
Bitcoin miner profits get squeezed as hash price drops to lowest since October 2023
24.4.2024
After enjoying record profits during Bitcoin’s recent halving, miners now face a sharp decline in hash prices
Altcoins and Memecoins Poised for Short Squeeze Following BTC’s 4th Halving: QCP
23.4.2024
The completion of Bitcoin's fourth halving has left traders and investors speculating about the short-term market dynamics.
The post Altcoins and Memecoins Poised for Short Squeeze Following BTC’s 4th Halving: QCP appeared first on Cryptonews
Bitcoin Eyes $67K After Halving as Altcoins Primed for Short Squeeze, Hedge Fund Says
22.4.2024
Crypto-focused stocks also bounced higher, led by bitcoin miners Riot Platforms and Hut 8
Imminent BTC Supply Squeeze: Bybit Report Suggests Bitcoin Exchanges to Run Dry in 9 Months
16.4.2024
As the crypto landscape evolves, a significant tightening in bitcoin’s available supply on exchanges has emerged, hinting at just nine months of reserves left. Bybit’s latest halving report unveils the reasons behind this tightening grip, indicating a looming scarcity that could...
Crypto Stocks Like MicroStrategy, Coinbase Could Shoot Up if Short Sellers Exit
27.3.2024
MicroStrategy and Coinbase's stock prices could shoot up if short sellers bail out, according to a report by data analytics firm S3 Partners
Digital Game Sales Continue Continue Killing Off GameStop, Analyst Says
27.3.2024
Video game and nerd culture retailer GameStop appears to be floundering once more. According to a Reuters report, the company recently laid off an unspecified number of employees after reporting a decline in earnings in the fourth quarter as physical sales fall and digital purchases rise.Read more
Where's the squeeze, if more games 'succeed' on PC?
26.2.2024
Looking at Steam's 2023 numbers. Also: 'holding' players & lots of discovery news
Bitcoin Short Squeeze Wipes Out $89M as Price Surges to $52K; ETF Inflows Hit $4B
14.2.2024
The price of bitcoin soared past the $52K milestone on Wednesday, reaching $52,056 per unit on Bitstamp at 10:05 a.m. Eastern Time. Bitcoin’s meteoric rise over the past day triggered a wave of liquidated leveraged positions, wiping out $89.28 million in short positions. ‘Sustained...
Bitcoin institutional inflows top $1B in 2023 amid BTC supply squeeze
13.11.2023
Bitcoin and altcoins are beneficiaries of major inflows this year, while the question of a BTC supply squeeze remains
Bitcoin Hits 18-Month High as Market ‘Greed’ Takes Hold, Igniting Short Squeeze Frenzy
9.11.2023
The Crypto Fear and Greed Index (CFGI) currently reveals a mood of “greed” within the cryptocurrency market, scoring a 69 out of 100. As of November 9, 2023, at 5:20 a.m. Eastern Time, the price of bitcoin peaked above $37K — a peak not observed since the first week of...
Bitcoin 'Short Squeeze' Bumps Prices to Nearly $37K as Spot ETF Hopes Strengthen
9.11.2023
Over $62 million in bitcoin shorts were liquidated in the past 24 hours, contributing to higher prices
Bitcoin 'short squeeze' sends BTC price to $35.9K as OI stays elevated
8.11.2023
More than $15 billion in Bitcoin open interest reaches a predictable conclusion as shorts get squeezed and BTC price action targets $36,000
Are Rising Yields Putting the Squeeze on DeFi?
25.10.2023
In this week’s “Crypto Long & Short,” Todd Groth investigates the interplay between TradFi and DeFi yields and why comparisons across markets are often overly simplified apples vs oranges
U.S. Treasury Targets Gaza Crypto Business in Sanctions to Squeeze Hamas
18.10.2023
The Treasury Department issued a list of sanctions that included a business providing money transfers and digital assets exchange services in Gaza
Crypto Price Whipsaw Triggers $256M in Liquidation Losses
12.9.2023
This week’s quick plunge and rebound in cryptocurrency prices triggered $256 million in liquidation losses, Coinglass data shows
Bitcoin price must take $26K, trader says after ‘textbook short squeeze’
12.9.2023
Bitcoin shorts start to suffer thanks to a $1,000 BTC price relief rally, but key resistance remains in place