Adam Back opposes Defiance 2X Short MSTR ETF, citing its potential negative impact due to high Bitcoin correlation. Back warns against risks in volatile trading environment and expresses doubts about effectiveness.
Xu LinCryptocurrencies face a potential short squeeze, with Bitcoin and Ethereum in focus. Bitcoin's liquidity pool at $49,281 raises concerns, while Ethereum eyes a short squeeze at $2,700. The market's unpredictability emphasizes the need for caution and understanding that outcomes can shift rapidly.
Cheng YuanBoth XRP and BNB Chain present short-squeeze possibilities, with XRP having lower liquidity and BNB being more likely to experience a short squeeze due to its higher available liquidity.
Cheng YuanOne Twitter user claimed that they are at “war” with the shorts while encouraging others to post more content about the short squeeze.
CointelegraphCEL price abruptly rallied 600%+ on June 14, but analysts say it’s likely due to an exchange glitch or a liquidation of short traders.
CointelegraphOn-chain data shows Bitcoin funding rates have sunk into deep negative values, something that could pave way for a short ...
BitcoinistBnkToTheFuture co-founder Simon Dixon proposed a recovery plan for Celsius, similar to the solution Bitfinex offered after the August 2016 bitcoin hack, allowing customers to compensate for their losses by restoring tokens tied to the platform.
CointelegraphBnkToTheFuture co-founder Simon Dixon has proposed a recovery plan similar to the solution offered to Bitfinex after its Bitcoin hack in August 2016 – allowing customers to be compensated for their losses through tokens tied to the platform’s recovery.
CointelegraphThe opening of the trading week had seen bitcoin surge again and had touched as high as $32,000, albeit briefly. ...
BitcoinistThe exchange-traded fund will be based on daily investment results corresponding to the inverse of the return of the CME Bitcoin Futures Contracts Index for a day.
Cointelegraph