Block reports market-beating results for its fiscal second quarter. It attributed nearly half of its quarterly revenue to Bitcoin sales. Shares of the fintech still ended nearly 15% down on Friday. Block Inc ended nearly 15% down on Friday even though it reported market-beating results for its second financial quarter. Bitcoin made up half of
The crypto market is down today, paring Ethereum’s post-Shapella rally with the total cryptocurrency market capitalization losing nearly 4% in 24 hours. Right as some analysts thought that Bitcoin (BTC) was on the cusp of confirming a new bull market, the cryptocurrency market took a downturn amid regulatory uncertainty and signs of weakening macroeconomic conditions. Crypto
Bitcoin’s bull market is likely to start earlier than expected due to anticipation of the BTC halving and favorable macroeconomic conditions, according to Mark Yusko, founder and CEO of Morgan Creek Capital Management. The next crypto bull market will start sooner than most people think, according to Mark Yusko, the founder and CEO of Morgan
Eight individuals promoted deceptive demand for stocks via Twitter, Discord and YouTube to sell their shares at a high point. The United States Securities Exchange Commission (SEC) filed a claim against eight individuals associated with Atlas Trading, a Discord-based forum. The forum’s co-founders, affiliated podcasters and Youtubers are being alleged of stock manipulation. The claim was filed
A report from S3 Partners noted that crypto stocks with the highest short interest include Coinbase, Marathon Digital and MicroStrategy. Short-sellers have made a killing on various sectors of the U.S. stock market this year, but no other sector “held a candle” to the blockchain industry, with crypto company short-sellers profits up 126% in 2022,…
Bitcoin traders say the bottom is in, but it’s important to also consider BTC’s correlation to equities markets. Bitcoin (BTC) price traded down 23% in the eight days following its failure to break the $45,000 resistance on Feb. 16. The $34,300 bottom on Feb. 24 happened right after the Russian-Ukraine conflict escalated, triggering a sharp…
At the beginning of 2021, a trend ignited by the creators of the Reddit forum r/wallstreetbets caused the whole world to focus on retail traders in the stock market purchasing so-called dead stocks like AMC, GME, and others. The hype behind the Wallstreetbets group has fizzled in the last few months, but a group that…
The stock exchange is one of the most famous investing ways to become a millionaire. The stock exchange is not of a single type but it includes different variations. For example, there are different categories for the indexes and you can invest according to your budget and according to your desired index. If you are …
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