Crypto Stock Short Sellers Have Lost $2.6 Billion Since Bitcoin Bull Run Began
Short sellers are playing with fire and getting burned as Bitcoin's boom boosts crypto stocks. Experts say it's about to get worse.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Binance Hack: CZ Fires Back at Elon Musk, Cites $1B SpaceX Stake as Coinbase Offers Security Support
The dispute unfolded as Binance worked to contain the October 29 attack, freeze affected assets, and reassure customers that their...
Wall Street analysts urge investors to buy crypto stocks after $6.3 billion Binance hack
Analysts at Cantor Fitzgerald, TD Cowen and Compass Point say the $6.3 billion Binance hack is unlikely to derail the crypto marke...
Mike Flaum: MSTR Performance “Massively” to the Upside During Next BTC Bull Run
▶Bitcoin Magazine Mike Flaum: MSTR Performance “Massively” to the Upside During Next BTC Bull Run Mike Flaum, CEO of Log Scale Inv...
Doomberg: US Treasury Sanctions are “Wildly Bullish” for Bitcoin & Gold
▶Bitcoin Magazine Doomberg: US Treasury Sanctions are “Wildly Bullish” for Bitcoin & Gold What happens to reserve assets when you’...
Strategy Sold 5,552 Bitcoin and Bought 7,218 in Q3 as a $20.9 Billion Markup Drove Profit
Strategy reported $20.91 billion of operating income for the third quarter on Thursday, all of it from a $20.91 billion gain on di...
Binance hackers deploy never-seen-before laundering tactics to conceal $6.3 billion theft
Hackers behind Binance's $6.3 billion breach are using previously unseen laundering tactics while rapidly converting stolen assets...