The price of Bitcoin (BTC) dropped below $9,000 from $9,660 within seven hours. The 7% plunge comes as $55 million worth of long futures contracts were liquidated on BitMEX. Four factors are likely behind the sudden decline in the price of the top cr...
Shares in Grayscale’s Ethereum Investment Trust (ETHE) have crashed by 50% in just four days on the secondary, over-the-counter (OTC) markets. With each share representing 0.094 Ether (ETH), the sharp retracement has seen the price premium on the tru...
© Reuters. FILE PHOTO: The historic headquarters of German pharmaceutical and chemical maker Bayer AG is pictured in Leverkusen By Tina Bellon (Reuters) – Seeking to forestall further claims, Bayer AG (DE:) is taking a risky bet that an independent s...
Photo source: Polyus; image made by Author There are three things you can watch forever: fire burning, water falling, and Polyus (OTCPK:OPYGY) recognizing paper losses because of its faulty hedging strategy. The company persistently hedges against th...
Wells Fargo anticipates U.S. corporate pensions will move $35 billion into fixed income. Analysts believe this may cause a sharp sell-off in the stock market and given the correlation between Bitcoin and stocks, this could leave BTC vulnerable for a...
Telegram, a major privacy-focused messaging app, has suffered a data leak that exposed some personal data of its users on the darknet. A database containing the personal data of millions of Telegram users has been posted on a darknet forum. The issue...
© Reuters. Traders exit the 11 Wall St. door of the NYSE in New York By Medha Singh and Devik Jain (Reuters) – Wall Street’s three major indexes tumbled on Wednesday as investors weighed the risk to domestic economy from rising coronavirus cases and...
Jay Hao, the CEO of crypto exchange OKEx, suggested that a second United States stimulus plan could result in Bitcoin’s (BTC) price growing further. In a LinkedIn post on Monday, Hao explained that after the first $2.2 trillion stimulus bill was sign...
Welcome to the third and final part of the article series where I review both companies I bought during the pandemic, as well as perhaps more importantly, companies I failed to buy during the Pandemic. Instances such as these are opportunities to lea...
Bitcoin (BTC) miners may have started selling coins once more as data shows two mining pools release over 7,000 BTC in a single day. The figures, from on-chain monitoring resource CryptoQuant, came hours before BTC/USD abruptly fell back to $9,500 on...
