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(Photo by H. Armstrong Roberts/ClassicStock)
Markets
Trading
Meme Sector Sees Sharp Sell-off as GameStop Losses Extend to 60%
A Solana meme parody of the actual company was down 25% in the past 24 hours, with steep losses across other meme tokens that tended to move in tandem with GameStop.
(Photo by H. Armstrong Roberts/ClassicStock)
By Shaurya Malwa
Jun 11, 2024 at 7:06 a.m. UTC
Jun 11, 2024
TradingInvestingMarkets
(engin akyurt/Unsplash)
Markets
Trading
Bitcoin Bags $2B Inflows, Ether Sees Highest Institutional Buying Since March
One trader expects ETH prices to hit $10,000 in 2024, a nearly 200% increase from current levels of $3,600.
(engin akyurt/Unsplash)
By Shaurya Malwa
Jun 10, 2024 at 9:28 a.m. UTC
Jun 10, 2024
TradingInvestingMarkets
(16:9 CROP) Bull and Bear (Rawpixel)
Markets
Trading
Bitcoin Sees Profit-Taking Around $70K Amid ‘Stubbornly Bullish’ Sentiment
On-chain data shows over 50% of Bitcoin supply remains inactive, a sign of strong long-term conviction in the asset.
(16:9 CROP) Bull and Bear (Rawpixel)
By Shaurya Malwa
Jun 4, 2024 at 6:27 a.m. UTC
Jun 4, 2024
TradingMarketsInvestingBitcoinEther
(John Smith/VIEWpress)
Markets
Trading
GameStop Stock, Meme Tokens Surge as User ‘DeepFu*kingValue’ Returns to Reddit
Keith Gill posted his GameStop options positions on the r/superstonks subreddit in early Asian hours Monday.
(John Smith/VIEWpress)
By Shaurya Malwa
Jun 3, 2024 at 11:20 a.m. UTC
Jun 3, 2024
TradingInvestingMarketsKeith gill
(Hans-Jurgen Mager/Unsplash)
Markets
Trading
Bitcoin Traders Warn of Pullback as U.S. Inflation Data Looms; Dogecoin Leads Majors Slide
Crypto markets are expected to remain shaky ahead of Friday’s U.S. inflation report, one trading desk said.
(Hans-Jurgen Mager/Unsplash)
By Shaurya Malwa
May 30, 2024 at 10:58 a.m. UTC
May 30, 2024
TradingInvestingMarkets
BlackRock headquarters (Shutterstock)
Markets
Trading
BlackRock Amends Ethereum ETF Application; Bloomberg’s Balchunas Sees ETF Going Live By June
A 'Seed Capital Investor' has purchased 400,000 shares of the proposed filing, BlackRock revealed in its document.
BlackRock headquarters (Shutterstock)
By Shaurya Malwa
May 30, 2024 at 6:43 a.m. UTC
May 30, 2024
TradingInvestingMarkets
(nosheep/Pixabay)
Markets
Trading
Bitcoin, Ether Prices Ease as SHIB Drives Gains in Meme Tokens
A rally in meme tokens such as dogecoin and shiba inu is primarily driven by Asian traders in response to bullish sentiment around ether exchange-traded funds (ETFs), one trad...
(nosheep/Pixabay)
By Shaurya Malwa
May 29, 2024 at 10:34 a.m. UTC
May 29, 2024
TradingInvestingMarkets
Bull Market (Kameleon007/Getty Images)
Markets
Trading
Bitcoin Traders Expect Prices to Hit $74K Highs as Selling Pressure Eases
One trading desk has seen an uptick in call buying activity with targets of as high as $120,000 for December 2024.
Bull Market (Kameleon007/Getty Images)
By Shaurya Malwa
May 16, 2024 at 9:25 a.m. UTC
May 16, 2024
TradingInvestingMarkets
A pedestrian passes a sign outside the building which houses the Chicago Mercantile Exchange (Scott Olson/Getty Images)
Markets
Trading
CME Looks to Take On Binance and Coinbase, Could Launch Spot Bitcoin Trading: Report
The CME is already the top bitcoin futures exchange by open interest, while the offshore, non-regulated Binance dominates the spot market.
A pedestrian passes a sign outside the building which houses the Chicago Mercantile Exchange (Scott Olson/Getty Images)
By Shaurya MalwaOmkar Godbole
May 16, 2024 at 7:04 a.m. UTC
May 16, 2024
TradingInvestingMarketsCMEBinanceCoinbase
GameStop sign on GameStop at 6th Avenue on March 23, 2021 in New York. (John Smith/VIEWpress)
Markets
Trading
Solana Meme Coins, GameStop Stock Rocket as 'Roaring Kitty' Returns on X
In addition to common stocks, opportunistic crypto developers issued scores of meme coins on various blockchains to capitalize on the hype.
GameStop sign on GameStop at 6th Avenue on March 23, 2021 in New York. (John Smith/VIEWpress)
By Shaurya Malwa
May 13, 2024 at 12:50 p.m. UTC
May 13, 2024
TradingInvestingMarkets