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Tag Archives: SHORT

Coinbase Offers a Short List of Five Tokens to Be Added Soon

Coinbase remains one of the more popular cryptocurrency exchanges in the world, despite not having offered support for very many currencies over the years. The company is now “exploring” adding several additional currencies, although the list includes some rather interesting names. Coinbase Makes Another Move For Coinbase, it is evident that adding additional cryptocurrencies, assets, and tokens will keep its business ...

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Steve Eisman of ‘The Big Short’ Slams Cryptocurrency

Steve Eisman, the money manager who found fame after he successfully managed to make millions shorting subprime mortgages ten years ago, has spoken out against cryptocurrencies. Earlier today at the CFA Institute’s yearly conference, Eisman addressed a sizeable audience questioning the need for the existence of digital currencies. Eisman: “I Don’t Know What I’m Looking At” During his presentation, Eisman ...

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Bill Gates Would Love To Short Bitcoin, so Why Doesn’t He?

Join our community of 10 000 traders on Hacked.com for just $39 per month. Billionaire Bill Gates is a notorious bitcoin skeptic who says he would bet against it if he could because he believes cryptocurrencies are worthless investments that people profit from by pawning their holdings off to a “greater fool” than themselves. Bitcoin a ‘Greater Fool Theory’ Investment ...

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I’d Short ‘Crazier, Speculative’ Bitcoin If I Could

Microsoft founder Bill Gates issued critical comments about Bitcoin May 7, telling CNBC it was a “greater fool” investment and he “would short it if he could.” In comments during the network’s Squawk Box segment, Gates, who in February claimed cryptocurrencies had “caused deaths in a fairly direct way,” nonetheless did not discount the idea of engaging with it himself. ...

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Short Seller Bets Against Square’s BTC Play

Join our community of 10 000 traders on Hacked.com for just $39 per month. Square shares took a brief hit Monday after noted short seller Andrew Left of Citron Research said interest over its recently introduced bitcoin trading product was exaggerated, according to CNBC. The app lets customers trade BTC from their mobile payment app almost instantaneously, which is an ...

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Short Squeeze Catapults Price of Bitcoin Past $7,600 – The Merkle

Just hours after short positions on Bitcoin eclipsed longs, and as BTC shorts volume reached an all-time high, Bitcoin saw an explosion, appreciating over US$900 in under an hour, a growth of 13%. Since the pump, global cryptocurrency markets have risen over 10%, to just under US$300 billion. Speculators overwhelmingly agree that the cause for such a price movement was ...

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