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“# Social platform behind ‘retail short squeeze’ launches crypto trading ” Investor-focused social media platform Stocktwits, which gained popularity during last year’s “retail short squeeze” frenzy involving GameStop and AMC Theaters, rolled out its own crypto trading services on Thursday. Stocktwits has partnered with FTX.US to carry out its crypto trading services and is set…
“# Rise of Web3: Metaverse tokens surge as Meta’s share price plunges ” Meta Platforms, the parent company of Facebook, saw the largest single-day slide in market value for a U.S. company ever with a 26% fall in share prices on Thursday after the tech giant revealed disappointing earnings and a decline in daily active…
“# Bitcoin bounces at $36.6K as Meta adds 20% losses to US tech stock rout ” Bitcoin (BTC) recovered above $37,000 on Feb. 3 after a stocks rout took the wind out of bulls’ latest attempt to crack $40,000 resistance. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Extraordinary moves” for stocks Data from Cointelegraph Markets…
“# BTC price dives with stocks as fresh sell-off sees PayPal shed nearly 25% ” Bitcoin (BTC) fell on the Wall Street open on Feb. 2 as another tech stock rout panicked traders. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin: “Macro FUD is driving all” Data from Cointelegraph Markets Pro and TradingView tracked BTC/USD as…
“#Alphabet shares surge as Google posts strong holiday sales” Google parent Alphabet Inc beat fourth-quarter sales expectations on Tuesday as the search giant’s internet advertising, cloud computing and hardware businesses benefited from holiday shopping, sending shares up more than 7% in after-hours trading. The results were the latest to signal that the global trend toward a more digital…
“#Apple stock soars over 6% after iPhone maker teases metaverse” Apple shares rose over 6% Friday after the iPhone maker reported blockbuster results and teased its metaverse ambitions, holding out against a rout in technology and growth stocks from the start of this year. If gains hold, the iPhone maker’s stock is set to snap an…
“# Bitcoin ‘Doji’ points to bullish reversal scenario as BTC holds $36K support ” It is not too late for Bitcoin (BTC) to reclaim its bullish bias as it halfway paints an indecisive ‘Doji’ candle on the weekly chart. In detail, Bitcoin’s price correction this week to below $33,000 had it form a lower wick,…
“# House members call for an end to lawmakers trading stocks — is crypto next? ” Congresspeople currently HODLing or actively trading in crypto may have to stop doing so while in office if recent pushes to ban lawmakers from investing in stocks gain enough support. In a Monday letter addressed to Speaker Nancy Pelosi…
“#Nasdaq falls for fourth straight day as Netflix plunges 22%” Wall Street’s main indexes fell on Friday, with the Nasdaq set for its fourth straight day of declines after a weak forecast from Netflix sent its shares along with other streaming companies spiraling lower. Netflix plunged 21.6% after missing market forecast for new subscribers at the end of last…
“# Bitcoin will emerge stronger after stocks dip ‘10%–20%’ — Bloomberg analyst ” Bitcoin (BTC) will soon no longer be a risk asset, and investors should brace for a fresh price correction, says one of Bloomberg’s best-known analysts. In an appearance on the Wolf Of All Streets podcast on Jan. 18, Mike McGlone, senior commodity…