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Search Results for: liquidation

Bitcoin Faces Severe Selling Pressure as Downtrend Intensifies

Bitcoin is still under severe selling pressure after the approval of the Bitcoin ETF. Over the last several hours, the price of Bitcoin has fallen by 8%. Since the U.S. SEC authorized eleven spot Bitcoin ETFs on January 10, the price of Bitcoin (BTC) has been falling, which has surprised

January 13, 2024 2 mins read

Bitcoin Stabilizes Above $45,500 Amidst SEC’s Twitter Hack Chaos

The crypto community is eagerly waiting for the SEC to announce its verdict on the spot Bitcoin ETF. Today, January 10, is the last day for the SEC to decide whether to accept or reject the ARK 21Shares Bitcoin ETF (ARKB). According to industry experts, the 11 spot Bitcoin ETFs’

January 10, 2024 2 mins read

Ault Alliance Returns to Treasury Common and Preferred Stock, Enhancing Financial Stability

LAS VEGAS–(BUSINESS WIRE)–$AGREE #24_percent_of_Series_D_Preferred_returned—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced that it has returned to treasury 101,362 shares of its 13% Series D cumulative redeemable perpetual preferred stock, which have a stated value of $2.5 million (the “Preferred Shares”) and

January 9, 2024 4 mins read

Ault Alliance Announces Postponement of Commencement of Exchange Offer of Common Stock for Series D Preferred Shares

LAS VEGAS–(BUSINESS WIRE)–$AGREE #2023_Annual_Meeting_of_Stockholders—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“we,” “us,” “our,” “Ault Alliance,” or the “Company”), today announced its postponement of the commencement of its planned exchange offer (the “Offer”) to accept for cancellation a minimum of 20 million shares of the Company’s common stock

January 6, 2024 5 mins read

Shiba Inu Burn Rate Surges 3900% Amidst Market Turmoil

The burn rate for the cryptocurrency Shiba Inu (SHIB) has increased notably, rising by 3,963% within the last 24 hours. This surge reflects the burning of 1.22 million SHIB tokens, impacting the coin’s circulating supply which now stands at 581.01 trillion tokens. While the overall cryptocurrency market is experiencing a

January 4, 2024 2 mins read

Shiba Inu (SHIB) Faces Turbulence as Market Bloodbath Unfolds

The Shiba Inu token (SHIB) has experienced a significant setback, plunging to a new monthly low and shedding 10% in the past two hours. The SHIB price now stands at $0.00000963 per token, failing to gain any traction amidst a broader crypto market bloodbath that has seen losses totaling $500

January 3, 2024 2 mins read

Matrixport’s Prediction on Spot Bitcoin ETF Approval Causes Havoc

Matrixport, a platform that specializes in financial services for the cryptocurrency industry, recently shocked the community with a wild prediction about the price of Bitcoin and the SEC’s position on the highly anticipated Bitcoin Spot ETF ruling. Moreover, their most recent report indicates that all Bitcoin spot ETFs are expected

January 3, 2024 2 mins read

$73.2M in Bitcoin Short Positions Liquidated as Market Turns Positive

As optimism grows that the U.S.-based spot bitcoin ETFs will soon get regulatory clearance, the price of bitcoin momentarily climbed above $45,500 in the last 24 hours. Centralized exchanges saw a large liquidation of short positions due to the recent price surge. The bulk of the more than $81 million

January 2, 2024 2 mins read

Ault Alliance Provides Additional Information on Exchange Offer of Common Stock for Series D Preferred Shares at an Effective Price of $0.25 per Share of Common Stock Exchanged

LAS VEGAS–(BUSINESS WIRE)–$AGREE #100_common_share_increments_exchanged—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“we,” “us,” “our,” “Ault Alliance,” or the “Company”), today provided further information on its planned exchange offer (the “Offer”) to accept for cancellation a minimum of 20 million shares of the Company’s common stock (“Common Stock”) and

December 21, 2023 7 mins read

Ethereum Battles for Stability: Can Bulls Turn the Tides?

Ethereum, the second-largest cryptocurrency, has experienced high price volatility and remained under bearish control for over three days. However, today marks a potential recovery as ETH surged by 3% in the past 24 hours, paralleling the global market cap’s 4% surge within the same timeframe. ETH hit a two-week low

December 19, 2023 2 mins read