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Although Jim Cramer is urging Robinhood investors to trim some of their positions, he also advises that they still retain a sizable stake in the company.CNBC’s Jim Cramer has asked Robinhood (NASDAQ: HOOD) shareholders to reduce how much of the trading app’s shares they hold since HOOD has become a
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Payments behemoth PayPal is expanding their crypto personnel. The company is reportedly hiring over 100 crypto-related employees as consumer crypto demand continues to grow. Over the past week, PayPal has been in continued conversations around growing it’s crypto services. A Lot Of Shoes To Fill While a majority of the job listings
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Ethereum fees surged to record highs amid the recent crypto downturn, with users paying more than 2,000 gwei to execute transactions at its peak.Digital asset research firm, Delphi Digital, noted gas prices oscillated between 1,500 and 1,700 gwei for approximately one hour as DeFi liquidations drove “gas wars amongst liquidators
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Bitcoin Futures contract has at this time revealed a differing behavior between Hedge Funds and Institutional Investors in a scenario that seems to stir market analysts amusements.Per the data published by the Chicago Mercantile Exchange (CME), Institutional investors are embracing the Long Bitcoin Futures contract while the Hedge Funds are
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October has barely started and the price action in the crypto markets has been both exciting and worrisome. Bitcoin (BTC) has seen a strong $10.9K rejection and a quick $10.2K bottom over the past week.The whipsaw price action has been the norm over the past three weeks and is quite
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Ether option contracts listed on Deribit, the largest crypto options exchange, are more popular than ever. Source
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The leader in blockchain news, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source
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The funds likely boosted short positions to take advantage of attractive "cash and carry" yields. Source
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On June 16, 2020, Bitmex researchers published a report that noted bitcoin mining rig manufacturers have consolidated a great deal and in the future, Bitmex researchers predict that “only 2 to 3 players will survive into the longer term.” There’s still a number of SHA256 mining rig manufacturers today,
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