BITI increased by 380% on day 2 after day 1 sluggish start
BITI, ProShares’ first short Bitcoin ETF, started slowly but quickly gained traction, increasing trading volume by 380 percent on day two. The ProShares Bitcoin Short Strategy Exchange-Traded Fund (BITI) only traded a meager 183,300 shares on June 21, less than 1% of the volume $BITO had at this time on Day One, according to ETF […]
Nexo Hires Citibank For Advice On Acquisitions Amid Market Crisis
Nexo plans to seek advice on acquisitions from struggling crypto firms even as it has 100% liquidity to meet its debt obligations. Nexo, a cryptocurrency lending platform, claims that its robust balance sheet allows it to ride to the rescue and offer liquidity during the current market upheaval by acquiring the assets of failing crypto […]
Latest Move In Twitter Deal Could Decide CEO’s Future In The Company
Following the approval of the merger agreement by board directors in Twitter, its CEO, Parag Agrawal might be in for an exit from the company. There is a new update following Twitter’s board of directors’ unanimous recommendation to shareholders to vote in support of Musk’s takeover offer. The board gave its approval for the merger […]
Polygon (MATIC) Increases Over 20% Amid Whale Accumulation
The increase in MATIC price is owed to huge whale accumulation and the attainment of the carbon neutrality milestone by Polygon. Polygon (MATIC) is making quiet moves while every focus is on Bitcoin. The MATIC price has increased by more than 20% in the last 24 hours. As of press time, MATIC was trading 21% […]
OSC Bans Kucoin, Approves Settlement Agreement With Bybit
Kucoin has been ordered by OSC to stop its crypto operations in Ontario, Canada immediately for not responding to the commission’s enforcement action which Bybit did. The Ontario Securities Commission (OSC) announced today the approval of a settlement agreement between the OSC and Bybit Fintech Limited. However, the commission received orders permanently barring Kucoin for […]