The US stock market seems to be reviving after a period of intense sell-off, courtesy of the Federal Reserve. GameStop (GME) popped more than 4% today, extending their winning streak to four straight days.
Bitcoin falls below $96K, dragging down MicroStrategy and Coinbase. Traders brace for volatility as ETF outflows and derivatives expirations pressure prices.
KULR Technology Group, Inc (NYSE:KULR) announced that it has completed the purchase of 217.18 Bitcoin (CRYPTO: BTC) for approximately $21 million, at an average price of $96,556.53 per BTC. The purchase follows the company’s announcement on December 4 of its Bitcoin Treasury strategy,
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Bitcoin has continued to see a lot of noise near the $100,000 level, as the volume would of course be an issue this time of year. The market will be one that continues to find buyers on dips though, so I do favor the upside,
A federal judge denied BiT Global’s request for a temporary restraining order, allowing Coinbase to delist WBTC, or Wrapped Bitcoin.
Brian Armstrong, the Coinbase boss, already cleared an extra $129 million in personal stock sales over the pre-election price, and his stake in the company is up over $2 billion.
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A California federal judge has ruled in favour of Coinbase, allowing it to proceed with the planned delisting of Wrapped Bitcoin (WBTC).
KULR Technology Group, Inc. (NYSE American: KULR), an energy management platform, has purchased 217.18 Bitcoin for approximately $21 million.
Futures tied to the Dow Jones Industrial Average and S&P 500 were down 0.3% in recent trading, while those linked to the Nasdaq slipped 0.4%. The major indexes rose on Monday and Tuesday ahead of yesterday's Christmas break, a positive start to the Santa Clause rally that investors hope for, as the U.S. market rebounded from last week's downturn .
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