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“#Are stock ‘cultists’ pumping AMC shares?” AMC Theatres, the teetering movie-theater chain with a stock that trades like a FAANG, was supposed to skyrocket even further last week on a breakout quarter — igniting a “short squeeze” that would crush company naysayers. That was the word on social media and promoted by the stock’s ardent,…
“#Crypto market passes $3 trillion in value as bitcoin surges” The total value of the cryptocurrency market shot past $3 trillion Monday morning as the price of bitcoin and other major cryptos rose in a bull market. The sector’s overall market cap rose by about 3.6 percent in the past 24 hours, pushing it above…
“#Kroger dismisses announcement that it will accept Bitcoin Cash” A press release stating that Kroger will begin accepting Bitcoin Cash in its stores was fake, the grocer says. The press release appeared on the company’s investor relations page on Friday morning and on a global newswire for press releases — and was picked up by…
“#Saudis, UAE roll out red carpet for crypto as US gives a cold shoulder” Saudi Arabia and the UAE are rolling out a red carpet of light-touch digital currency regulation, according to US market players — setting up a contrast to the US, where officials are falling all over themselves to set crypto rules. Financial…
“#I lost out on $6M fortune by selling Dogecoin a day too early” A trader has been left gutted after he lost out on a $6million fortune by selling Dogecoin a day too early. The mystery trader has explained how he managed to make over $2 million profit on Shiba Inu and Dogecoin but admitted…
“#Decentraland’s MANA virtual reality cryptocurrency soars following Facebook’s rebrand” MANA-mania sweeps the worldwide cryptocurrency market, on the heels of Facebook’s “Meta” rebrand. The price of Decentraland’s MANA — a decentralized 3D virtual reality platform supported by the Ethereum blockchain — soared to a high of $4.33 at 6:30 p.m. Saturday evening, a 164 percent gain…
“#Bitcoin tumbles amid filing for ETF that would bet against it” The price of bitcoin fell Wednesday morning amid a filing for a new exchange traded fund that will bet against the price of the cryptocurrency. Bitcoin was down almost 7 percent at $58,475 per coin Wednesday morning, down more than 12 percent from its…
“#Why Facebook whistleblower and her ‘crypto friends’ moved to Puerto Rico” When Facebook whistleblower Frances Haugen isn’t flying around the world urging lawmakers to regulate her ex-employer, she’s apparently living off little-taxed cryptocurrency profits in her new home of Puerto Rico. “For the foreseeable future, I’m fine, because I did buy crypto at the right…
“#What is the metaverse? Meaning explained” The concept of the metaverse is quickly becoming a buzzword in technology and business which is being embraced by Facebook. But what does it mean? Here we explain. What is the metaverse? Metaverse is a broad term. It generally refers to shared virtual world environments which people can access…
“#Martin Shkreli’s Wu-Tang album sold to crypto buyers for $4M” A group of crypto enthusiasts who go by the name “PleasrDAO” bought convicted “Pharma bro” Martin Shkreli‘s Wu-Tang album for $4 million. The single copy of “Once Upon a Time in Shaolin” was the only one ever made, and was initially bought by the business…