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” Bitcoin whale holdings at 7-month highs despite warnings of BTC price crash to $20K “ Bitcoin (BTC) prices could drop by 20% in the next few months, but that has not deterred its richest investors from stacking. The amount of Bitcoin held by “unique entities” with a balance of at least 1,000 BTC, or…
“Elon Musk offloads 4.4 million Tesla shares after Twitter buyout” Elon Musk sold 4.4 million Tesla shares this week after his $44 billion acquisition of Twitter, according to new Securities and Exchange Commission filings. The sales, made Tuesday and Wednesday, were worth a total of $3.99 billion, Bloomberg reported. After the filings were made public…
“Dow jumps over 600 points on rebound in tech stocks” Stocks rallied on Wall Street Thursday as technology companies clawed back some of the ground they had lost recently. The Dow Jones Industrial Average rose 614 points, or 1.85%, to 33,916.39, and the Nasdaq climbed 3%, or 382.60, to 12,871.53. The S&P 500 rose 2.5%….
“Elon Musk’s Twitter stock buy faces FTC probe: report” Elon Musk reportedly faces a Federal Trade Commission probe into whether he violated federal disclosure rules while amassing an approximately 9% stake in Twitter – a move that preceded his blockbuster $44 billion takeover of the social media giant. The feds are examining whether Musk erred…
” Robinhood axes almost 1 in 10 staff members as stock hits all-time low “ Popular retail trading platform Robinhood has fired 9% of its workforce amid a firesale of its stock that has seen HOOD plunge to all-time lows. In the past 30 days alone, HOOD has tanked roughly 38% to sit at $9.99…
” Failure to launch: Australia’s first 3 crypto ETFs all miss launch day “ The launch of Australia’s first three Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETF) scheduled for today, has been delayed as a result of further “checks” needing to be completed. The exchange listing the Bitcoin Spot ETF from Cosmos Asset Management,…
“US stocks fall as Microsoft, Google kick off key tech earnings” US stocks were pounded in midday trading Tuesday — with heavy losses in the tech-heavy Nasdaq index – as investors braced for key earnings from Google parent Alphabet and Microsoft later in the afternoon. The tech giants are set to disclose quarterly results against…
” Bitcoin vs BTC miner stocks: Bitfarms mining chief explains key differences “ Amid Bitcoin (BTC) mining stocks like Hut 8 Mining touching multi-month lows, a major industry executive has outlined key differences between BTC investment and investing in BTC-linked stocks. Ben Gagnon, chief mining officer (CMO) at the major Bitcoin mining company Bitfarms, believes…
“US stocks slide as economic worries mount ahead of crucial tech earnings” US stocks sold off in early trading on Monday in a sign of mounting investor anxiety as Wall Street enters a week of crucial earnings reports from major tech firms. The Dow Jones Industrial Average fell more than 230 points, or about 0.7%,…
” ‘Something sure feels like it’s about to break’ — 5 things to know in Bitcoin this week “ Bitcoin (BTC) starts a new week in an uncertain place facing uncertain times — is $40,000 now resistance? The largest cryptocurrency has just closed a fourth red weekly candle in a row, something that has not…