A trader closed a 700 bitcoin short position at a $1.94 million loss, erasing $1.71 million in profits from 11 previous winning short trades. The loss was triggered by Bitcoin's price rising above $81,000, causing a short squeeze that forced leveraged short sellers to cover their positions. This event highlights the risks of increasing exposure after consecutive wins, especially in volatile crypto markets. Institutional buying and macro factors contributed to Bitcoin's price surge, which led to forced liquidations across exchanges.
During week 30 of 2026 (July 20-24), Sampo Oyj bought back a total of 1,352,794 of its A-shares at a weighted average price of €9.60 per share. This share buyback is part of a program authorized by the company's general meeting on April 22, 2026, wit...
Last week, major tech stocks like Alphabet and Tesla saw sharp declines due to their negative free cash flow, driven by massive capital expenditures on AI. This shift from earnings to free cash flow focus signals a market turning point and raises con...
Ether is driving gains in the cryptocurrency market while Bitcoin remains stable, acting as a defensive anchor. Market calm is attributed to easing U.S.-Iran tensions, a retreat in oil prices, and rising 10-year Treasury yields nearing 4.7%, which as...
Sweden's government unveiled a new Mineral Strategy emphasizing mining as key to national security and industrial strength. The plan includes reforms for faster, more predictable permitting processes, inspired by the EU's Critical Raw Materials Act, ...
Shiba Inu (SHIB) has surged nearly 22% over the past week, signaling renewed investor interest in this original meme coin. The SHIB team and crypto commentator David Gokhshtein highlight this rally as evidence that the OG meme coin culture is making ...
