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“# As Bitcoin price sees sub-$30K, do bears control the BTC market now? ” In the past 48 hours, Bitcoin has tested the $30,500 support level on two occasions. Historically, when a major support area is tested repeatedly, it often breaks. On the third retest on Jan. 27, Bitcoin broke below $30,000. However, $30,000 is…
“# Bitcoin price drops under $30K as ‘moment of truth’ arrives, says trader ” Bitcoin (BTC) retested the $30,000 support on Jan. 27 as a day of losses culminated in violation of the psychologically significant price level. BTC/USD 1-minute candle chart (Bitstamp). Source: Tradingview BTC price spooks amid GameStop row Data from Cointelegraph Markets and…
“#Walgreens stock jumps after Starbucks’ Roz Brewer tapped as CEO” Walgreens’ stock price got a boost Wednesday with Starbucks honcho Roz Brewer poised to take over as the pharmacy chain’s new CEO. Shares in the Illinois-based drugstore giant jumped 4.6 percent to $51.46 in premarket trading as of 8:25 a.m. a day after it announced…
“# FTX lists GameStop after Reddit-fueled 200% rally in two days ” Crypto exchange FTX has listed GameStop, the global videogames retail chain, after the stock became by far the most popular choice on Reddit’s infamous Wall Street Bets, a community dedicated to trading stock market options. The FTX listing on Wednesday morning allows crypto…
“# BTC price clings to $31K as Scaramucci says GameStop boom ‘good for Bitcoin’ ” Bitcoin (BTC) showed little signs of improvement on Jan. 27, but one major fund believes that it will benefit from new trends among investors. At the same time, all eyes have been on GameStop (GME) price volatility this week. By…
“# DeFi tokens bag double-digit gains as bears pin Bitcoin price below $33K ” Today Bitcoin (BTC) price continued to face selling pressure in the $32,500 to $33,000 resistance cluster and this led to a mild 3% to 5% pull back from most altcoins. Despite the recent revelation that BlackRock, the world’s largest asset manager,…
“#GameStop shares soar 93 percent as frenzy continues” Individual investors continued to pile into niche stock market plays on Tuesday, causing a scramble by short-seller funds to cover losing bets, with companies like GameStop skyrocketing 93 percent — the fourth straight day of increases — even as others caught up in the buying frenzy reversed…
“#Etsy stock surges after Elon Musk says he ‘kinda’ loves it” Etsy’s stock price soared early Tuesday after Elon Musk said he was a fan of the online craft marketplace. Shares in the Brooklyn-based company spiked within minutes of the billionaire Tesla chief’s early-morning Twitter post touting its quirky homemade goods. “I kinda love Etsy,”…
“# Reddit investing group triggers crypto-style 860% rally in GameStop stock ” Since Jan. 22 GameStop has been attracting a lot of attention from the mainstream news as the stock (GME) for the popular video game retailer rallied 860% from $17.40 on Jan. 4 to a high of $159.18 on Jan. 25. On Jan. 25…
“# ‘Spectacular bust’ for stocks: 5 things to watch in Bitcoin this week ” Bitcoin (BTC) starts a new week with $30,000 reconfirmed as support but also a fresh vote of no confidence from the mainstream. After a more or less steady weekend, the largest cryptocurrency remains firmly in its established trading corridor — between…