Tag: short squeeze

Sep 24 2022

Crypto Crash Imminent, How Traders Are Protecting Themselves

Sep 24 2022 Published at Coingape under tags  crypto crash news short squeeze

The cryptocurrency market continues to stay sluggish due to the hawkish stance of the Federal Reserve. Bitcoin continues to be stuck in the $18K-$19K range. According to Jason Goepfert, a major crypto influencer, the retail traders are expecting a full-on crypto crash. According to Goepfert, the retail investors spent close... Read more

Aug 10 2022

A Twitter-Driven Short Squeeze Propels Celsius’ CEL Token

CEL holders are attempting to fight off short positions and pull off a short squeeze. The token has rallied to $1.89 at the publishing, spiking noticeably over the past few days. A Canadian regulator is also reportedly investigating the company. There is more drama ensuing regarding Celsius Network as holders are fighting against short positions. At the same time, Canadian regulators have also...

Jul 18 2022

Breaking: Celsius Discloses Restructuring Plan, Options To Recover Funds

Jul 18 2022 Published at Coingape under tags  celsius network defi news news short squeeze

Crypto lender Celsius Network filed for bankruptcy on July 13, exactly a month after stopping withdrawals and transfers from accounts. As part of the bankruptcy court hearing, Celsius today disclosed its financial overview and restructuring plan to Judge Martin Glenn of the U.S. Bankruptcy Court for the Southern District of New York. Restructuring plans reveals...

Jul 14 2022

CEL Holders Make Desperate Attempt To Recover Funds Through Short Squeeze

Jul 14 2022 Published at Coingape under tags  celsius network defi news news short squeeze

Beleaguered crypto lender Celsius has left its customers or depositors in limbo as it files for Chapter 11 bankruptcy in New York. Users plan a community-led "CEL Short Squeeze" to recover their money as they believe the crypto lender may not resume withdrawals. A short squeeze refers to intentionally creating a sharp rally fueled by...

Jul 11 2022

Breaking: Celsius Withdraws All wBTC From Aave Amid CEL Short Squeeze

Jul 11 2022 Published at Coingape under tags  celsius network news short squeeze

Celsius has withdrawn all wBTC collateral from the Aave wallet and has only a few wBTC left in the Compound wallet. Moreover, the crypto lender has paid off another 40 million in USDC for its Aave loan, making a total of 60 million in USDC repayment today. In addition, the crypto lender has also paid...

Jun 24 2022

Growth Deceleration And The Dollar Wrecking Ball

June data for the United States and the eurozone show economic contraction underway and that the worst is yet to come. What does it mean for bitcoin?...

Jun 21 2022

Celsius Token Up 65% as Traders Pull Short Squeeze

Jun 21 2022 Published at Crypto Briefing under tags  celsius markets short squeeze

The crypto lender Celsius CEL token has become the target of a retail-driven short squeeze. #CELShortSqueeze Mania Hits the Market The CEL token is going parabolic. Days after experiencing a...

Jun 06 2022

Ethereum Short Squeeze: Bitfinex Sees $670 Mln Bloodbath After This

Ethereum (ETH) tracked a broader recovery in the crypto market, jumping over 5% in the past 24 hours as sentiment improved. The token was last trading at $1,882.80, according to data from...

Jun 02 2022

Surge In Bitcoin Open Interest Suggests A Short Squeeze Was Behind Late May Rally

The opening of the trading week had seen bitcoin surge again and had touched as high as $32,000, albeit briefly. This recovery had taken the market by surprise given that indicators were pointing toward more bearish trends. Nevertheless, the recovery was a welcome sight as it put bitcoin on a track to end its red streak. The reason behind this rally remains shrouded...

Aug 02 2021

COC#3: Squeezed Supply, Shorts and Bitcoin Lemonade

This third edition of Cycling On-Chain takes a closer look at bitcoin’s ongoing supply squeeze and recent short squeeze.Cycling On-Chain #3: LemonadeDilution-proof, August 1, 2021Cycling On-Chain is a monthly column that uses on-chain and price-related data to better understand recent market movements and estimate where we are in bitcoin’s larger market cycle. After providing a...

Jul 27 2021

Bitcoin Price Surges On Massive Short Squeeze

The bitcoin price surged to $40,000 on Sunday, but what was the reason for the move and why was it so explosive?The below is a recent edition of the Deep Dive, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now.The...

Jan 29 2021

wNews: Reddit Communities and The Future of Bitcoin

This week's edition of wNews unpacks how Redditors managed to bankrupt a hedge fund and inflict serious losses to others. The mechanics of a Robinhood- fueled short squeeze has made headlines globally....

Why the GameStop Insanity Is So Similar to Crypto

Sam Bankman-Fried, CEO and founder of FTX, describes what happened between the Subreddit Wall Street Bets and hedge funds around the stock of GameStop this week. In this episode, he covers: what happened with the stock of video game retailer GameStop this week...

Jan 27 2021

GameStop’s Short Squeeze Is Far More Than Just Retail Noise

Mainstream media has written off GameStop's (GME) short-squeeze as a win for small guys against Wall Street. Nevertheless, the incident hints at an underlying macro shift in global economics in which Bitcoin and crypto markets become much more relevant. Historical Short Squeeze of GameStop A short- squeeze is a rare event that causes an avalanche movement in an asset's price, usually opposite to the...

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