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“Lyft and Uber tank after Post report on hiring freeze at Lyft” Lyft shares tumbled in pre-market trading on Wednesday following The Post’s report that it had implemented a hiring freeze — and Uber wasn’t spared from the pain. Shares of Lyft were down 3.2% while Uber had fallen 1.2% about an hour before the…
” ‘The bond market bubble has burst’ — 5 things to know in Bitcoin this week “ Bitcoin (BTC) starts a new week staring down a wild macro environment after sealing its lowest weekly close in nearly two years. As risk assets across the global economy take a hammering and the U.S. dollar surges, the…
” Why is the crypto market down today? “ Crypto prices keep falling, but why? This year’s market crash has turned most winning portfolios into net losers, and new investors are probably losing hope in Bitcoin (BTC). Investors know that cryptocurrencies exhibit higher than average volatility, but this year’s drawdown has been extreme. After hitting…
“Mark Zuckerberg’s net worth slashed by more than half this year” Mark Zuckerberg’s net worth has been slashed by more than half this year, ousting him from the top ranks of the world’s richest as his company Meta struggles through an identity crisis, according to updated calculations. Zuckerberg, 38, has lost a whopping $71 billion…
” Bitcoin price threatens $19.6K as Ray Dalio predicts 30% stocks crash “ Bitcoin (BTC) attempted to violate local lows on Sep. 16 as the latest cross-crypto downtrend intensified. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView No relief for BTC bulls post Merge Data from Cointelegraph Markets Pro and TradingView showed BTC/USD approaching $19,600 at…
” Bitcoin margin long-to-short ratio at Bitfinex reach the highest level ever “ Sept. 12 will leave a mark that will probably stick for quite a while. Traders at the Bitfinex exchange vastly reduced their leveraged bearish Bitcoin (BTC) bets and the absence of demand for shorts could have been caused by the expectation of…
” Hot CPI report puts a dent in Bitcoin and Ethereum rally, stocks also lose ground “ Crypto and stock markets are feeling the pain after the Sept. 13 inflation report printed an unexpectedly hot figure that showed headline inflation rising by 0.1% month-over-month. Even with gas prices falling to multi-month lows and a cooling…
” MicroStrategy to reinvest $500M stock sales into Bitcoin: SEC filing “ MicroStrategy, the largest institutional Bitcoin (BTC) buyer, entered an agreement with two agents — Cowen and Company and BTIG — to sell its aggregated class A common stock worth $500,000,000, reveals Securities and Exchange Commission (SEC) filing. MicroStrategy, co-founded by Bitcoin bull Michael…
” 3 reasons why Bitcoin traders should be bullish on BTC “ Bitcoin (BTC) has been in a rut, and BTC’s price is likely to stay in its current downtrend. But like I mentioned last week, when nobody is talking about Bitcoin, that’s usually the best time to be buying Bitcoin. In the last week,…
” Will Bitcoin’s rally sustain? DXY, SPX, GC and WTI could have the answer “ Federal Reserve Chairman Jerome Powell said in a question and answer session hosted by the Cato Institute on Sept. 8 that the central bank will continue to hike rates until inflation is under control. However, these comments did not rattle…