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“Bed Bath & Beyond exec Gustavo Arnal faced $1.2B suit before suicide” A Bed Bath & Beyond exec was facing a $1.2 billion “pump-and-dump” stock-fraud suit when he apparently leaped to his death from his swank 18th-floor apartment in Lower Manhattan last week. Gustavo Arnal, who was the chief financial officer of BBB, is among…
” Bitcoin’s in a bear market, but there are plenty of good reasons to keep investing “ Let’s rewind the tape to the end of 2021 when Bitcoin (BTC) was trading near $47,000, which at the time was 32% lower than the all-time high. During that time, the tech-heavy Nasdaq stock market index held 15,650…
” Bitcoin holds $20K, but analysts say BTC open interest leaves room for ‘more deleveraging’ “ Bitcoin (BTC) price continues to struggle at $20,000 and repeat dips under this level have led some analysts to project deeper downside in the short-term. Earlier in the week, independent market analyst Philip Swift tweeted that the Crypto Fear…
” US dollar hits new 20-year high — 5 things to know in Bitcoin this week “ Bitcoin (BTC) heads into the first week of September on a rocky road downhill after United States markets’ Jackson Hole rout. After the U.S. Federal Reserve reinforced hawkish comments on the inflation outlook, risk assets sold off across…
” Low cap crypto is like penny stocks, says Wolf of Wall Street “ Former stockbroker Jordan Belfort, known colloquially as the “Wolf of Wall Street” has likened low market cap crypto assets to penny stocks due to their extreme price volatility. Penny stocks refer to highly speculative shares priced under $1 from small and…
” US stocks lose $1.25T in a day — more than entire crypto market cap “ Bitcoin (BTC) and altcoins lost big on Aug. 26 after the United States Federal Reserve delivered hawkish remarks on economic policy. Across the board, risk assets took a major hit — U.S. equities shed around $1.25 trillion in a single…
” Hawkish Fed comments and Bitcoin derivatives data point to further BTC downside “ A $750 pump on Aug. 26 took Bitcoin (BTC) from $21,120 to $21,870 in less than two hours. However, the movement was completely erased after comments from U.S. Federal Reserve Chair Jerome Powell reiterated the bank’s commitment to contain inflation by…
” Here’s why holding $20.8K will be critical in this week’s $1B Bitcoin options expiry “ Bitcoin (BTC) experienced a 16.5% correction between Aug. 15 and Aug. 19 as it tested the $20,800 support. While the drop is startling, in reality, a $4,050 price difference is relatively insignificant, especially when one accounts for Bitcoin’s 72%…
” A bullish Bitcoin trend reversal is a far-fetched idea, but this metric is screaming ‘buy’ “ Bitcoin (BTC) price remains pinned below $22,000 as the lingering impact of the Aug. 19 sell-off at $25,200 continues to be felt across the market. According to analysts from on-chain monitoring resource Glassnode, BTC’s tap at the $25,000…
” Robinhood lands steep 60% discount on $170M exchange acquisition: Report “ Stock and crypto investment platform Robinhood has reportedly scored a 58% cut on its $170 million offer to buy crypto exchange Ziglu due to adverse market conditions. The initial offer from Robinhood came in April, however according to various reports online around Aug.17,…