Trading


Markets

Meme Sector Sees Sharp Sell-off as GameStop Losses Extend to 60%

A Solana meme parody of the actual company was down 25% in the past 24 hours, with steep losses across other meme tokens that tended to move in tandem with GameStop.

(H. Armstrong Roberts/ClassicStock/Getty Images)

Markets

Bitcoin Bags $2B Inflows, Ether Sees Highest Institutional Buying Since March

One trader expects ETH prices to hit $10,000 in 2024, a nearly 200% increase from current levels of $3,600.

(engin akyurt/Unsplash)

Markets

RoaringKitty a GameStop Billionaire by Friday? Crypto Traders Are Placing 50% Odds

A new market on betting application Polymarket has seen over $120,000 in trader placed on Keith Gill making ten figures on his GameStop equity and options holdings.

Keith Gill, a.k.a Roaring Kitty, returned to Youtube (Youtube)

Markets

Bitcoin Bets Hit Peak of $37B as ETF Inflows Set New Record

The long-short ratio is starting to tilt in favor of bulls since Wednesday, data indicates, as some traders expect bitcoin to set fresh all-time highs in the coming weeks.

(16:9 CROP) Mountain peak (violetta/Pixabay)

Markets

Bitcoin Could Hit $150K by 2024-End on Hopes of Donald Trump Being Re-Elected: Standard Chartered

Favorable payroll data could open the way to $80,000 per bitcoin by end-June, Standard Chartered’s Geoffrey Kendrick said in a Thursday note.

Trump poster for 2024 election. (Jon Tyson/Unsplash)

Markets

Meme Coin Institutional Holdings Surged Since January, Led by DOGE, SHIB, PEPE

Institutional investors on crypto exchange Bybit increased meme coin allocations to a high of $300 million in April from $63 million at the start of the year.

DOGE Meme shiba inu (Atsuko Sato)

Finance

Robinhood to Buy Crypto Exchange Bitstamp in Effort to Expand Outside the U.S.

The all-cash deal is valued at $200 million and is expected to close in the first half of 2025.

Johann Kerbrat (on left), GM of Robinhood Crypto (Shutterstock/CoinDesk)

Markets

BNB Chain Ecosystem Heats Up as Token Hits Lifetime High Above $710

Trading volumes of ecosystem tokens more than doubled in the past 24 hours, with meme coin FLOKI leading gains among larger tokens.

Bitcoin could hit a new record high in two months. (Kurt Cotoaga/Unsplash)

Markets

Bitcoin Crosses $71K as BTC ETFs See $880M Inflows in Best Day Since March

This marked the best day of inflows since March and the second-highest overall since 11 bitcoin ETFs went live in January.

(Giovanni Calia/Unsplash)

Finance

DWF Labs to Purchase $12M FLOKI From Project Treasury, Open Market

Floki is gearing up to introduce newer products in the coming months, including the Valhalla metaverse game on its mainnet.

(Christal Yuen/Unsplash)