Bitcoin weak hands 'mostly gone' as BTC ignores Amazon, Meta stock dip
Huge tech stock losses, mostly occurring after the Wall Street close, fail to show up in Bitcoin price weakness. Bitcoin (BTC) is decoupling from big tech as disappointing earnings fail to spark any major BTC price losses.Economic data for Q3, 2022 saw heavy losses for some tech stocks, but BTC/USD avoided a chain reaction.Bitcoin hodlers shrug off Q3 tech resultsThe largest cryptocurrency shed around $800 over Oct. 27, or 3.8%, after hitting its highest levels in six weeks.At the time of writing, Bitcoin was still around $20,200, offering more consolidatory trading behavior than a major....
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The company’s financial statements showed a decline in operating revenue and income due to the crypto bear market. Japanese cryptocurrency exchange Coincheck has confirmed plans to pursue a public stock offering in the United States through Nasdaq — a move that would give the company access to the country’s lucrative capital markets. In documents filed with the U.S. Securities and Exchange Commission on Oct. 28, Coincheck’s majority owner, Monex Group, confirmed that it is proceeding with Nasdaq listing procedures through a merger with special purpose acquisition company (SPAC) Thunder....
Last week's rout in bitcoin market looks like "weak hands" selling out because bidders appeared to materialize whenever prices fell to $30K.
The host of Mad Money, Jim Cramer, has apologized to investors for being wrong about Facebook parent Meta Platforms after its stock plunged to a record low. “I made a mistake here. I was wrong,” he said emotionally after stating previously that Meta was a good investment. “I failed to help people. And I own that.” Jim Cramer’s Apology About Meta: ‘I Was Wrong’ The host of CNBC’s Mad Money show, Jim Cramer, apologized to investors Thursday for recommending Facebook parent Meta Platforms Inc. (Nasdaq: META) after the stock kept tanking....
Meta Platforms Inc., formerly Facebook, has filed five trademark applications for “Meta Pay.” The filings cover a wide range of cryptocurrency services. The company is renaming Facebook Pay to Meta Pay.
Trademark Applications for Meta Pay
Meta Platforms Inc., formerly Facebook, filed five trademark applications for “Meta Pay” with the United States Patent and Trademark Office (USPTO) last week.
Trademark attorney Josh Gerben tweeted explaining Wednesday that, in his opinion, Meta’s applications indicate the company is planning to....
What a week! The cryptosphere is buzzing. Did a single tweet from Elon Musk tanked Bitcoin’s price? Or did weak hands surrender their coins to strong hands at a discount? Even though Elon’s motives are in question, and probably have nothing to do with the environment, MicroStrategy’s CEO came to the rescue. In a recent […]