Short-bitcoin investment products saw inflows totalling $ 25.5 million.
CoinDesk
First Mover Asia: Cryptos’ Short Win Streak Ends as Investors Remain Cautious
ALSO: Shaurya Malwa writes that oversubscription of an initial exchange offering at Binance underscores investors continued interest in crypto and may offer hope for the industry’s rebound.
CoinDesk
Inverse Bitcoin ETF Sees 300% Increase In Short Interest
Bitcoin ETFs had been seeing a lot of interest since they were first given the green light by the Securities and Exchanges Commission (SEC) last year, and while some of them have waned, they still remain a good option for institutional investors wanting to bet on the digital asset but not hold any of it themselves. Following the success of the futures bitcoin ETFs have come the short bitcoin ETFs which have now begun to dominate the market.
Short The State: How Bitcoin Enables Jurisdictional Arbitrage
Bitcoin lets anyone live and thrive wherever they want, ending government monopoly on our jurisdictions.
This is an opinion editorial by Katie The Russian, CEO of Plan B Passport and co-host of the “The Bittersweet Podcast.”
Because you are born into a nonconsensual monopoly brought upon you by the government, you have no real options — no real choices to pick the services that you want to receive from the State, the taxes you are willing to pay for it or the regulatory environment under which you decide to operate.
ProShares To Release ETF That Allows Investors To Short Bitcoin
ProShares will release a new ETF allowing investors to short bitcoin during harsh market conditions enabling institutions to legally bet against the asset.
- Proshares ETFs will release a new product which will allow investors to short bitcoin.
- Proshares previously released the Proshares Bitcoin Strategy ETF that trades futures contracts as well.
- Bitcoin reached its all time high days after its original ETF was released as this short ETF releases amid harsh market conditions.
Proshares, a provider of exchange-traded-funds (ETFs), is set to release the Short Bitcoin Strategy ETF (NYSE: BITI) on June 21, which will allow investors to bet against bitcoin through the use of futures contracts.
First Short Bitcoin ETF to List on NYSE
Investment product provider ProShares will tomorrow list the U.S.’s first exchange-traded fund (ETF) allowing investors to bet against the price of bitcoin.
CoinDesk
Crypto Whale’s $200 Million Short Triggers 8.5% Bitcoin Price Plunge
On June 30, according to a cryptocurrency trader, a single investor on Bitfinex placed a 20,000 BTC short order, betting more than $ 200 million that the bitcoin price would go down in the near term. Overnight, the bitcoin price fell from $ 11,900 to $ 10,765 as the valuation of the crypto market dropped by well over […]
The post Crypto Whale’s $ 200 Million Short Triggers 8.5% Bitcoin Price Plunge appeared first on CCN Markets
Beyond Meat Stock Crushed It Yet Again Thanks to Hype & Short Squeeze
By CCN Markets: Beyond Meat was the biggest non-penny-stock market winner on Wednesday, soaring another 12.7% to $ 142 per share. Beyond Meat’s stock is now up 460% since its IPO. Why is Beyond Meat’s stock going bonkers, and is the company’s valuation fair at this price? There are two reasons behind this insane move. A Lot of Hype The stock market is presently at its third most expensive ever. When the stock market gets this frothy, IPOs and other speculative investments tend to attract a lot of hype and momentum investors. These investors piled into Beyond Meat’s stock when the
Bitcoin Price Analysis: Short Squeeze Imminent as Bearish Pressure Weakens
Summary:
- Following unconfirmed claims by the NYC Attorney General regarding Bitfinex and Tether’s insolvency, the bitcoin market had a knee jerk reaction that caused us to retest macro support. However, this pullback barely made a scratch on the market structure as we didn’t manage to break our trend of higher lows.
- The move was swift, but after a few days of sideways consolidation, the market is now seeing a retest of macro resistance in the $ 5,300 level. So far, the market has yet to reclaim the broken support, but the move is still fresh
Genesis Lends $425 Million of Crypto in Q1 – and Not Just to Short Sellers
Genesis Global Trading’s cryptocurrency lending arm continues to grow, even as the number of short sellers dwindles.
CoinDesk
Bitcoin Price Analysis: Slow Grind Could Lead to Short Squeeze
Last Friday, we discussed a macro resistance level bitcoin would likely test. The level was tested three times prior and immediately rejected. Now, for the fourth time, we find ourselves situated above the level as we wait to see if our support holds:
Figure 1: BTC-USD, Daily Candles, Fourth Test of Macro Resistance
Apple Earnings: Profits Slip, iPhone Sales Fall Way Short of Estimates
Apple’s fiscal Q1 revenue and profits fell, marking the first time the company had to report such dismal numbers for this particular quarter in more than 10 years. The culprits behind the declines were slowing iPhone sales and China’s economic downturn. Apple CEO Tim Cook talking about China on the company earnings call moments ago. Here's what he said: pic.twitter.com/Vt5GSABwB4 — CNBC's Fast Money (@CNBCFastMoney) January 29, 2019 The tech giant’s earnings per share and revenue did beat analyst estimates. This was despite iPhone sales coming in lower than estimates. Apple had warned investors about the expected lower sales at the
‘If Humanity Was The Market, You Would Go Short Now’: Legendary Investor Pledges $1 Billion to Fight Climate Change
Stock market investment veteran and co-founder of $ 70 billion fund Mayo Van Otterloo, Jeremy Grantham, has pledged to spend 98 percent of his net worth – approximately $ 1 billion – on what he sees as a race against the ticking time bomb of humanity’s fragile deal with the environment. Bloomberg reports that through his foundation, Grantham and
The post ‘If Humanity Was The Market, You Would Go Short Now’: Legendary Investor Pledges $ 1 Billion to Fight Climate Change appeared first on CCN
As Dow Jones Rallies, Trading Bots Tell Investors to Short Everything
The Dow Jones Industrial Average is rebounding, but computer trading bots are alerting investors to short everything. Trading Bots Suspicious of Dow Winning Streak According to quantitative investment firm AlphaSimplex, algorithmic trading bots suggest shorting three major asset classes: stocks, currencies, and commodities. “Pretty much any way you run the models, you end up net short
The post As Dow Jones Rallies, Trading Bots Tell Investors to Short Everything appeared first on CCN
Former IMF Economist Mark Dow Closes $14K BTC Short
Mark Dow, a hedge fund manager and former International Monetary Fund economist, has publicly announced that he has closed his BTC short position. Based on his blog, it appears that Dow likely entered the trade when BTC was trading at around $ 14,000.
Also Read: Canadian Crypto Exchange Coinsquare Now in 25 European Countries
Mark Down Closes Out BTC Short
Earlier this week, Mark Dow took to Twitter to announced that he had closed his BTC short position in its entirety, posting: “Today I say goodbye to the bitcoin short. Sad!”
Hedge Fund Manager Who Called the Market Top Closes Out His Bitcoin Short
Mark Dow, a former International Monetary Fund economist who manages a family office in southern California, has finally closed a short position he opened against Bitcoin (BTC) at the height of the market last December, shortly after Bitcoin futures began trading. In a recent tweet, Dow put it simply, “Today I say goodbye to the bitcoin short. Sad!” […]
SludgeFeed
Massive Ethereum (ETH) Short Liquidated as the Crypto Market Moves Higher
The cryptocurrency market moved higher on Monday, with Bitcoin (BTC) and most major altcoins gaining more than 10% during the day. In recent weeks, many crypto bears have been doubling down on their short positions predicting new lows, similar to when bullish investors take out long positions when the market is trading near all-time highs. However, according […]
SludgeFeed
StayBit is Beta Testing P2P Payment System for Short Term Rentals
This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned
The post StayBit is Beta Testing P2P Payment System for Short Term Rentals appeared first on CCN
Bitcoin Cash (BCH) Short Interest Hits an All-Time High as the Fork Approaches
The Bitcoin Cash (BCH) short interest on Bitfinex has surged more than 300% in November to an all-time high leading up to the November 15 hard fork. According to data from TradingView, the short contracts total 104,531 BCH, equalling $ 54,704,208 at current prices. This is a significant hike from the roughly 25,000 BCH sold short on […]
SludgeFeed
Bitcoin (BTC) Likely To Retrace Short Term, Big Picture Remains Intact
Bitcoin (BTC) is expected to retrace after a prolonged rally since the beginning of this month. The 4H chart for BTC/USD shows that the price has entered a rising wedge. We can see that the price has already faced rejection three times at the top of the wedge and is now preparing for a fall. RSI has also entered overbought levels short term and is thus expected to correct in the near future. This should not come as alarming news for investors expecting a reversal. The big picture is still very much intact and Bitcoin (BTC) is starting to begin a new cycle. However, we believe that we may see some downside before sustained long term upside.