Crypto and Stocks News

Delta Air Lines Inc. (DAL) has seen business plunge over the past year due to the COVID-19 pandemic. With government regulations limiting travel and many potential fliers opting to stay home, demand for Delta's services plunged in early 2020 and has remained depressed through April of this year.1

The IPO of crypto exchange Coinbase on Wednesday has captivated fans of digital currency and investors as they speculate on the potential for a $100 billion valuation on the company.

GameStop (NYSE:GME) ended 2020 with $216 million in long-term debt. But under an early redemption notice announced yesterday, the video game retailer said it will be retiring the notes at the end of the month. That will leave GameStop debt-free and able to focus its resources on transforming into a primarily e-commerce driven retailer.

The process against Visa has not been officially disclosed by the authorities, but it would observe its practices in the debit market

Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that its revenue visibility has improved substantially in 2021 as a result of attaining purchase orders totaling more than 100,000 units of bitcoin mining

With Bitcoin blowing the 47.000$ and cryptocurrencies marketcap surpassing 1.3Trillion it is wise to say that investing in the hardware manufacturer of the bitcoin mining supercomputers is smart and more profitable investment short and long term!

The U.S. retail stock trading phenomenon driven by the WallStreetBets Reddit forum is fuelling a copycat trading boom in Europe, bank and brokerages said.

2021 started with an entirely new phenomenon in the trading world. In January, Redditors in a group called WallStreetBets took on the Wall Street elite and drove up share prices of companies that had fallen out of favor with corporate investors due to weak fundamentals.

Shares of video game retailer GameStop Corp have been on a wild ride. Analysts who cover the company, however, remain unmoved from their conviction that the stock still has much further to fall before it meets reality.

Tesla Inc (NASDAQ: TSLA) appears to be a step closer to bringing a more affordably-priced car to the Chinese market.

Reddit took out a five-second advertisement during Sunday’s Super Bowl that paid an ode to "underdogs," as highlighted during the GameStop Corp. (NYSE: GME) short squeeze saga.

The latest move in the GameStop (GME) roller coaster was a 19% jump in the shares in Friday’s session that wasn’t enough to prevent an 80% slide on the week. While the short squeeze in GameStop and other heavily-shorted names may be abating for now, the factors underlying the action aren’t going away anytime soon. That means regulators’ job is just beginning.

WoW what a wild ride for GameStop stock in the last month isn't it? Shares of the aging video game retailer shot up from less than $20 at the beginning of the year all the way to a peak of $483 on Jan. 28 thanks to a massive short squeeze organized on Reddit's WallStreetBets board. However, since that peak, the trade has quickly unraveled with GameStop shares closing at $92.41 on Feb. 3, wiping off more than 80% of its value from the top less than a week ago.

Activist short-seller Carson Block, the founder of Muddy Waters Research, argues that short-sellers have “been a gift to long buyers.”

Shares of GameStop and other companies caught in the recent social media-hyped trading frenzy rose on Friday, after online broker Robinhood lifted all the buying curbs imposed at the height of the battle between amateur investors and Wall Street hedge funds.

If you thought a new year meant leaving last year's volatility at the doorstep, think again. For more than two weeks, we've watched an all-out brawl ensue between retail investors and Wall Street's big money.

Zacks Value Trader is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life. To listen to the podcast, click here:

Shares of GameStop (NYSE:GME) soared as high as $483 last week. By midday on Tuesday, the stock price had fallen below $100 per share.

Eric Diaz, an operations manager in Tampa, Florida, remains committed to his GameStop shares even after their steep retreat from highs they hit last week. "It got personal," he said.

Robinhood Markets Inc. has removed limits on buying shares of GameStop Corp. and AMC Entertainment Holdings Inc., the two stocks at the center of the battle between Reddit-empowered retail traders and short-sellers.

Wizz Air vowed to use the coronavirus crisis to grab business from rivals including easyJet, as the no-frills airlines both posted sharp quarterly revenue declines.

Indonesia has received an investment proposal from U.S. electric vehicle (EV) maker Tesla, the country's deputy head for investment and mining coordination, Septian Hario Seto, told reporters on Friday.

Oil rose toward $60 a barrel on expectations OPEC+ is committed to restraining global supplies even as the demand outlook improves.

Alibaba Group Holding Ltd. drew robust orders for a $5 billion bond sale, demonstrating investor confidence in the e-commerce giant’s long-term prospects amid easing tensions with Chinese regulators.

A fight appears to be brewing on Reddit’s WallStreetBets forum, and it’s not over which stock is the next GameStop Corp.

Robinhood Markets Inc. has removed limits on buying shares of GameStop Corp. and AMC Entertainment Holdings Inc. -- stocks at the center of the battle between Reddit-empowered retail traders and short-sellers -- according to an update on the trading platform’s support page.

In his Hangzhou apartment in eastern China, Wen Hao had just finished his daily stockpicking video when he discovered he'd been barred from social media platform Toutiao, a day after inviting netizens to join his stock-recommending community.

Traders were once again blocked from buying shares of GameStop (NYSE:GME) and AMC Entertainment (NYSE:AMC), but this time, instead of Robinhood interfering with the ability to trade, it was Square's (NYSE:SQ) Cash App.

Nio Inc – ADR (NYSE: NIO) announced an expanded collaboration agreement with the municipal government of Hefei, China, where the automaker is headquartered.

NIO and the local government where the Chinese electric-vehicle maker is based signed an agreement Thursday that will cost NIO some money as early investors cash in. But cash out the door isn’t all that investors should be thinking about.

Treasury reasury Secretary Janet Yellen and other financial regulators will discuss market volatility stemming from short squeezes on GameStock stock and other Reddit-focused trades.

As the investing world (and the wider populace) continues to focus much of their attention on the GameStop (NYSE:GME) stock-trading frenzy, there's another stock also trading at highly volatile levels: AMC Entertainment (NYSE:AMC).

In another sign that crypto has become a mainstream investment, private equity veteran Glenn Hutchins, along with his son James Hutchins and partner Travis Scher, have launched a new venture capital crypto fund with a marquee list of investors including hedge fund billionaire Paul Tudor Jones, Raj and Indra Nooyi (the latter being the former CEO of PepsiCo) and James Todd Smith, better known as LL Cool J.

Engagement for video games trounces pretty much every other form of media. The interactive nature of games means they captivate a player's attention, and that's a big advantage in a world where competition for consumer eyeballs has never been more fierce.

GameStop Corp. shares fell for a third day in four as retail traders flocked to other corners of the stock market such as small drug developers

U.S. Treasury Secretary Janet Yellen said on Thursday that before she and financial market regulators took any action, they needed to "understand deeply" what happened in the trading frenzy involving GameStop Corp and other retail stocks in recent days.

During Tesla Inc's (NASDAQ: TSLA) battery day, CEO Elon Musk talked about a future $25,000 Tesla vehicle. The company aimed to have the lower cost vehicle available for purchase within the next three years using advances in battery manufacturing that would help lower costs.

A Hedge Fund Bet In Favor Of GameStop And Made Away With $700M In Reddit-Fueled Rally

Retail investors have dominated the markets in recent weeks—and aren’t likely to go away soon. That has a few implications for stocks.

U.S. Securities and Exchange Commission investigators are combing social media and message board posts for signs that fraud played a role in dizzying stock swings for GameStop Corp., AMC Entertainment Holdings Inc. and other companies, according to people familiar with the matter.

The biggest story in the financial markets so far this year has been the battle between so-called retail investors and Wall Street in the most shorted names. This battle has focused on one stock in particular, GameStop Corp. (NYSE:GME).

The rally in GameStop Corp. shares showed further signs of losing momentum on Wednesday as the stock halved earlier gains after news of a trio of executive hires, including the appointment of a chief technology officer.

The echo chamber is a bad place to be if you're an investor. Bulls who only see the positives are toast. Bears who only see the negatives are toast. Shares of GameStop (NYSE: GME) have been whipsawed these days, and with every move up or down, you're seeing the camp with the tailwind trying to slam-dunk on the other, and that's a big mistake.

The GameStop Corp. and AMC Entertainment Holdings Inc. retail frenzy was bigger than the market for West Texas Intermediate oil futures, on a notional dollar basis, RBC Capital Markets said.

(Bloomberg) -- On the surface, it looks like the GameStop Corp. uproar pitting Reddit day traders against giant hedge funds is going global.New accounts at Tiger Brokers in Singapore surged last week. In the U.K., Trading 212 is the most downloaded app in the country, while in Korea, GameStop is among the top 10 most-held foreign shares.Yet even as the hype spreads, the equity trading revolution playing out in the U.S. is unlikely to be matched anytime soon in Asia and Europe. Tighter restrictions on short selling, limited options trading and higher taxes and fees will keep it a U.S. game for now.

On Tuesday, we highlighted the performance of stocks favored by retail traders over the last year. These returns suggest the current rally from the March 2020 lows has been a golden age of retail traders sticking it to hedge funds. A popular subplot of the recent fervor around GameStop (GME) and other heavily-shorted stocks is that these trades are a way for David to take on Goliath.

I know a lot of you are looking for confirmation that you should still hold, the truth is that may or may not be in your best interest. Only you can decide will all the information you have what’s best. Don’t listen to random people online.

GameStop Corp. shares continued their rapid fall back toward earth on Wednesday, with last week’s massive peak becoming a distant memory.

Google co-founder Sergey Brin is setting up a family office in Singapore to help manage his wealth.

Hedge funds, small investors and stockbrokers are bracing for tougher U.S. markets regulation, with officials expected to meet this week to assess the fallout from a social media-driven trading frenzy that has roiled stocks and silver prices.

Amazon (AMZN) founder and CEO Jeff Bezos is a once in a generation inventor that has fundamentally changed how humans buy stuff and interact with the internet.

Hedge funds, small investors and stockbrokers are bracing for tougher U.S. markets regulation, with officials expected to meet this week to assess the fallout from a social media-driven market frenzy that has roiled stocks and silver prices.

Warren Buffett would not have been surprised to learn that the short sellers who bet on GME’s decline lost billions in the first month of 2021.

Stock futures rose as the overnight session kicked off on Tuesday, extending earlier gains.

Barstool Sports founder Dave Portnoy blamed stock-trading app Robinhood for the roughly $700,000 he lost trading in the Gamestop stock frenzy, as Redditors’ dream of taking meme stocks “to the moon” unravels and shares in the games retailer and others went tumbling on Tuesday.

Steve Cohen’s Point72 Asset Management has opened to new cash and raised more than $1.5 billion in commitments in a matter of days, according to people familiar with the matter

The price of silver returned to a sharp correction today, as small investors took a step back by abandoning the precious metal, thus accelerating its fall from the eight-year high found at Monday's meeting, amid the frenzy caused by the investment communities.

Amazon (AMZN) said Tuesday that Jeff Bezos, the company’s founder and CEO, would be stepping down from his role in the third quarter of 2021.

Gigafactory Berlin-Brandenburg will be the most advanced high-volume electric vehicle production plant in the world. Starting with Model Y production at launch, we will establish original vehicle design and engineering for worldwide markets out of Germany.

The latest prototype of SpaceX’s next-generation Starship rocket launched successfully on Tuesday but exploded on impact during an attempted landing after the company’s latest development test flight.

The American aircraft manufacturer Boeing fears more than a third of the orders for its 777X high-capacity aircraft due to further development delays. The group calculated the volume of its orders on Monday on only 191 machines of this type, 38 percent less than stated on the group's website. As the first delivery of the model has been postponed until the end of 2023, some customers may cancel their orders.

The Reddit online forum that fired up a global trading frenzy was in a more sober mood on Tuesday, with many retail investors begging others to "buy the dip" as their favourite stocks plunged.

After absorbing a $20 billion hit, bears appear to have started covering their GameStop Corp. positions in earnest as the stock plunges.

After yesterday's tortured 30% selloff in GameStop, now there is a lot of speculation about what is going to happen today and what the real short interest is of NYSE:GME and other notable names.

Following significant events surrounding Ripple, as well as delisting of the asset across our multiple liquidity providers, PrimeXBT will remove and cease trading of the following trading pairs on Wednesday, February 10th, 2020 at 15:00 (UTC):

Believes that GameStop will go up to $1000 or at least to $700. According to Roncancion the GameStop drama is quite similar to last year's Tesla short squeeze.

If you’re not up to speed with the craziness, a group of people on Reddit have been short squeezing Gamestop. A CNET video explaination here:

GME (GameStop Corp) is a US videogame retailer company. They sell "physical" video games CD/DVD/BlueRay/Cartridges for consoles and PC. They're also well positioned in the used marked.

One of our main values here at BullsInvest is promoting responsible trading. We want you to be smart about your trading decisions, reduce risk and hopefully, turn steady profits over time.

The largest by market cap digital cryptocurrency has quadrupled in price over the 12 month period through Jan 17. Bitcoin is up with the amazing 9310% over the last five years. The only asset that blows most of all other equity investments out of the water, in terms of the total return.

Back in 2011, George Mandrik began cleaning houses and selling baklava for Bitcoin.

Lloyd Blankfein thinks that government regulators are arming themselves to deal with Bitcoin.

Since we live in a period in which the price of some tradable assets shows a trend that tends to be defined as a speculative bubble, today we dedicate a few paragraphs to one of these phenomena: the share prices of the $GME (GameStop Corp New) company. Which, for the moment, is more of a non-stop, and we will see who will remain in the hands of the match.

Cathie Wood ARK's Investments Management CEO said she believes that more companies will load their balance sheets up with bitcoin.

Bitcoin dropped below 29.000$, pushing week's losses briefly over 18% amid profit-taking push.

UBS Wealth strategists are warning new investors in the cryptocurrency market with "Be prepared to lose ALL your money".

Since the end of December, and even a little prior to that, Bitcoin has been on a tear away as its price ticked off major milestones along the way. Crossing the $20,000 barrier seemed to unleash the coin’s potential as it rose in price to all time highs of $42,000.

The big US banks are emerging from the tail to the protagonists of the stock market, recovering from the lows led by the pandemic crisis, as investors expect a large increase in fiscal spending in 2021.

Cinema revenue in Japan skyrocketed to record highs in 2020, despite the coronavirus pandemic.

Following the $ 20,000 mark, bitcoin set a new record today, with the largest of the digital currencies surpassing the $ 23,000 barrier for the first time. Despite the impressive profits, analysts and market players predict room for even greater profits.

As you know already the 2020 and 2021 are breakout years for Bitcoin. In 2020 there was wave of interest from institutions and mainstream investors which pushed the digital currency price from $7100 to $28900 on 31 of December with up to $39000 in early days of January 2021. The innovative cryptocurrency, which is maintained by a decentralized swarm of crypto miners, has a long volatility history. Most financial experts expect some big retrenchment of that rally in some point.

Following an interesting question of one BullsInvest member, I wanted to clarify why the value of the US Dollar (USD - $) has been on a downtrend for months and why it keeps dropping.

Twetch is a leading consumer-facing Bitcoin app. If you are not on Twetch already you will want to sign up as soon as possible, there is no other social media that rewards its users with bitcoin for their posting activity!

The Nexus Mutual attacker has laundered $2.7 million of the $8 million that they stole from the Nexus Mutual founder on December 14th. According to the blockchain analytics firm Scorechain, the attacker has cashed out roughly 35% of the funds that they stole and has been liquidating the funds by way of decentralized exchanges.

These two zeros trigger Bitcoiners when mentioned: The zero in zero sat/byte and the zero in zero satoshi transactions. Lots of zeros here, don't worry we will go through it right away. If you believe that BSV ( Bitcoin SV) can only be used for satoshis transactions from somewhere to somewhere else while paying with satoshis you are wrong.

Dear Bulls, though lot of companies are losing some of their market value on short term during this market selloff, some company's future remains strong and this is great opportunity to buy these businesses at a discount.

ForkLog Hub resident Pavel Gromov, also known as the “Chief by crypto”, tells about the PlusToken pyramid laundering scheme and the impact of massive sales on the price of the first cryptocurrency. In the light of the current collapse and movements on PlusToken wallets, the topic is extremely relevant.

BullsInvest.com - Ethereum cryptocurrency price fell below $ 198.29 on Wednesday. During the day, Ethereum cryptocurrency was trading at 198.29 at 10:04 (07:04 GMT) according to the Investing.com index, dropping 1.11%. This was the largest currency depreciation since March 11th.

The price of Cardano cryptocurrency has fallen below the level of $ 0.041230 on Tuesday. During the day, Cardano cryptocurrency was trading at 0.041230 at 20:01 (17:01 GMT) according to the Investing.com index, dropping 2.12%. This was the largest currency depreciation since March 5.

Amsterdam Stock Exchange trader Michael van der Poppe said the recovery to $ 8,200- $ 8,500 would be short-lived and identified key support levels.

The price of the leading cryptocurrency Bitcoin fell below the level of $ 7.833.7 on Tuesday. During the day, the Bitcoin cryptocurrency was trading at 7.833.7 at 20:04 (17:04 GMT) according to the Investing.com index, dropping 0.51%. This was the largest currency depreciation since March 6.

Who didn't know that the end of CB is near? We have to admit that this is out of our predictions for "good" news for 2020. Well, Crypto Bridge is finally closing the doors!

The price of the first cryptocurrency began to decline a few hours ago. At the moment it is at the level of $ 8882

Joel Birch, founder of the Lunar crypto-investment platform, believes that at the moment it is the best time to buy bitcoin.

Bitcoin unexpectedly took off at around 18:40 Moscow time at $ 700, rising from $ 7,700 to $ 8,400, although it started the day near $ 7,400.

According to the COT (Commitments of Traders) reports provided by the Commodity Futures Trading Commission (CFTC) - for the week ending last Tuesday:

Bitcoin to become more affordable and cheaper for Russian investors. BullsInvest found out that one of the largest cryptocurrencies exchange Binance will beggin accepting payments in Rusian Ruble.

Bitcoin started the week with a positive move. At the time of writing the news, cryptocurrency is trading at $ 8,248, which is equivalent to a daily growth of 3.42%. All assets from the top 10 CoinMarketCap resource capitalization ratings, with the exception of the Tether stablecoin, are growing in value.

The Wall Street Cheat Sheet information resource is known for its popular chart, reflecting the emotions and moods of traders who own one or another asset - for example, Ethereum (ETH). The graph shows the change in these emotions depending on the market cycle, at its peaks and downturns.

This week, on three-day bitcoin charts, the 100- and 200-period MAs formed the bull cross for the first time in three years. The bulls so far have not been able to take advantage of the situation and organize a breakthrough:

Every 210 thousand new blocks in the Bitcoin network, a significant event occurs - halving. It means that the reward to the miner for each block mined is halved.

Touching a maximum of $ 13,764 on June 26, Bitcoin switched to range trading inside the top-down wedge. Initially, the movements of the token were volatile, but recently, the amplitude of the oscillations has significantly narrowed. Over the past 22 days, BTC has not gone beyond the 10% channel of $ 7800- $ 8700.

Recently, bitcoin has been giving significant bearish signals - the price cannot firmly settle above the $ 8,000 level. Despite this, recently launched BTC futures on the Binance site showed record trading volumes this week.

CoinShares, a digital asset management company, jointly with Blockchain, a cryptocurrency wallet provider and precious metals dealer MKS, has launched a network for trading gold-backed tokens based on the Bitcoin blockchain

If everything is so good, then why is the price of Bitcoin completely unresponsive: trading volumes are falling,..

Bitcoin fell 2.4% on Tuesday, dropping below the 20-day daily moving average (20-DMA), which is now at $ 8220.

Gabor Gurbaks, director of strategic digital asset management at VanEck, an investment company in New York, said why his organization is of the opinion that buying Bitcoin is the right investment step.

The International Chamber of Commerce approved the decision of the Association of Singapore Courts to start transferring the registration of water transport to the blockchain.

The eToro social trading and investment platform today announced the launch of eToroX at Paris Cryptocurrency Week, according to Finovate's Julie Muhn.

FXCM Group has launched a basket of five cryptocurrencies: Bitcoin, XRP, Litecoin, Bitcoin Cash, and Ethereum. Now, retail investors will be able to make money on digital assets, while they do not have to constantly monitor markets and worry about volatility