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“# Security tokenization may be the next big use case for blockchain tech ” Is tokenization of securities the way of the future? In an interview with Raiffeisen Bank International, the bankers leading its blockchain research hub stated that indeed, by 2030, most securities will have been tokenized. To gain a deeper understanding of how…
“# AMC ‘meme stock’ frenzy may spill over to crypto as Bitcoin metric nears buy zone ” Bitcoin (BTC) is slowly but surely preparing to flash “buy,” a key indicator suggests as a trading frenzy reignites memories of the GameStop debacle. In its latest report on June 3, Stack Funds highlighted the Puell Multiple nearing…
“#AMC files to sell 11.5M shares, but investors may lose money” Cinema chain AMC Entertainment announced Thursday that it plans to sell 11.5 million new shares amid a roller-coaster rally that’s sent its stock soaring — but the company also warned investors that they could lose all their money. “Under the circumstances, we caution you…
“#AMC stock nearly doubles — but hedge fund has ‘no regrets’ about selling” Shares of AMC Entertainment nearly doubled on Wednesday — but Mudrick Capital, which liquidated a $230 million position in the movie exhibitor a day earlier, isn’t eating its heart out, sources told The Post. Even as the stock doubled to $62.55 —…
“# Investors cautiously re-enter crypto funds while ETH vehicles show strength ” A new report from analytics firm Coinshares shows that while the market dip may not have ended, prices are now at levels where stock market investors are once again showing signs of interest in digital asset funds. A report published yesterday from Coinshares…
“#AMC stock surges as hedge fund buys — then sells — $230M stake” Suspense, mystery, intrigue — the latest AMC drama has a plot twist not even the movie theater company saw coming. AMC Entertainment announced Tuesday it will raise $230.5 million by selling 8.5 million shares to hedge fund Mudrick Capital, saying it plans…
“# Polkadot ETP hits Swedish stock market ” The mainstream financial world has taken notable strides to incorporate various crypto assets. A new exchange-traded product (ETP) for Polkadot (DOT) recently surfaced on a mainstream exchange in Sweden. The Nordic Growth Market now hosts buying and selling for the DOT ETP, officially labeled as the “VALOUR…
“#‘Meme’ mob behind Gamestop frenzy may imperil soaring AMC” Adam Aron says he wants to increase his Twitter following to include about 1,000 more professed small-investor shareholders of the company he runs, AMC Entertainment. His goal is to better “understand this phenomenon that has changed who owns AMC.” But based on the type of AMC…
“#AMC shares soar on ‘meme stock’ rally, price doubles in a week” Shares of AMC Entertainment capped a wild week of trading with a roller-coaster Friday that saw the shares surge as much as 38 percent in early trades before settling to end the day off 2 percent. Despite Friday’s thud, the stock finished the…
“#Gates Foundation sold $1B in stock before divorce announcement” The trust of the Bill & Melinda Gates Foundation sold off $1.4 billion in stock in the first quarter of 2021, raking in a huge profit months before the billionaire couple announced their divorce. The foundation’s trust, one of the largest in the world, revealed in…