Big shorters are betting $6.9B against MicroStrategy stocks

June 6, 2024
The Last Cryptocurency
Cointelegraph Feed
Cointelegraph Feed

Short-sellers have wavered this year as MTSR skyrocketed 469% over the past six months, though a few major institutions are holding out hope for a correction.

In this week’s nonfungible token (NFT) newsletter, read about OpenSea and its commitment to the Ethereum Merge. Check out a project that aims to introduce Web3 to the opera scene and how ENS domains surpassed Bored Apes in trading volume. In other news, learn about how the NFT giveaway of Rug Pull Finder was exploited.…

Syntropy (NOIA) price rallies 65% after announcing SpaceX partnership

Syntrophy price lifted off after the satellite internet-focused project announced a partnership with Elon Musk's SpaceX. 4299 Total views 21 Total shares In the frenzy of a bull market where new projects are popping up daily and social media users scour their feeds to try and catch the next moon coin before it pumps and…

Pantera Capital, Coinbase Back Crypto Startup Staked in $4.5 Million Round

Major crypto investment firm Pantera Capital has lead a seed funding round for crypto staking startup, Staked, the company announced in a blog post Jan. 31.The startup, which targets institutional investors of proof-of-stake cryptocurrencies, announced that it raised $4.5 million in the investment round. According to the post, in addition to Pantera Capital, major firms…

Kraken reiterates tentative plans for direct listing next year

A direct listing is a more likely route for the digital currency exchange, CEO Jesse Powell says. His comments echo previous statements delivered to Cointelegraph. 783 Total views 9 Total shares Kraken, one of the world’s largest cryptocurrency exchanges, has tentative plans to go public next year, according to CEO Jesse Powell.Powell appeared on a…

Tether: Challenging the USD’s Hegemony, Championing CBDC and Beyond

In 2008, a momentous occasion took place with the release of the Bitcoin (BTC) white paper. With author Satoshi Nakamoto explicitly calling for the deconstruction of financial intermediaries, regulators around the world were put on alert, particularly as Wall Street faced one of its biggest crises since the 1930s. While Bitcoin’s lack of a stable…

Iranians Still Profiting From Bitcoin Mining Despite Market Crash and US Sanctions

Iranians are turning to Bitcoin (BTC) mining due to economic difficulties caused by sanctions by the United States, International affairs think tank Atlantic Council reported Dec. 17.Despite the recent crash in crypto markets and fluctuations in the national rial currency caused by recently reinforced U.S. sanctions, Iranian people are still reportedly managing to gain profits…

Liverpool Aims to Become ‘World’s First Climate-Positive City’ Using Blockchain Tech

The Liverpool City Council (LCC) announced it will be using blockchain tech to mitigate the city’s climate impact, local news outlet edie.net reported July 19. A tweet from the LCC explains that the effort to reduce the city’s climate impact is a bid to become the “world’s first climate-positive city by 2020.” The LCC will…

SEC crypto trading roundtable to include crypto giants Uniswap, Coinbase

The US Securities and Exchange Commission has released the list of executives from US crypto and finance giants that will take part in a roundtable discussion on crypto trading regulation. On April 7, the regulator said its upcoming April 11 roundtable will discuss how it should handle crypto trading rules, calling it “Between a Block

Key Bitcoin price metric shows pro traders are nervous about $19K BTC

This week Bitcoin (BTC) price rallied to a new 3 year high at $18,965, leading investors to believe a new all-time high above $20,000 is on the cards. While these are exciting times, data does show that some professional investors feel antsy about the price at these levels and the absence of retail FOMO has some…

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