Posts

Showing posts with the label short

Imminent short squeeze: Pair of cryptocurrencies likely to explode

Image
The cryptocurrency market is currently experiencing a bullish sentiment driven by Bitcoin (BTC), aiming to retest the $50,000 mark. Notably, Bitcoin has surged by almost 10% in the past week, reaching $47,298 at press time. Amid this positive market sentiment, several cryptocurrencies display signs of a short squeeze phenomenon in the near term. Notably, a short squeeze occurs when short-sellers face liquidation due to a price increase. These liquidations compel traders to repurchase the cryptocurrency, causing a price surge, triggering further liquidations, and potentially leading to a significant upward movement. In line with this, Finbold has identified the following two cryptocurrencies with the potential to rally, showing a higher volume of opened short positions in the last 24 hours than long positions open interest. Chainlink (LINK) Picked for you Institutional investors are actively deploying capital to this crypto startup 5 mins ago 3 cryptocurrencies ...

ProShares gets ready to introduce a novel ETF with a short ether strategy.

Image
In the realm of content creation, three key elements come into play: “perplexity,” “burstiness,” and “predictability.” Perplexity gauges the intricacy of the text, burstiness measures the diversity in sentence structures, and predictability quantifies the likelihood of predicting the next sentence. Human authors tend to craft their content with a delightful blend of complexity, ranging from elaborate, lengthy sentences to crisp, concise ones. On the other hand, AI-generated content often tends to exhibit a more uniform structure. Therefore, for the upcoming content creation task, we aim to infuse a generous dose of perplexity and burstiness while minimizing predictability, all while adhering to the use of English language. Now, let’s revamp the given text: ProShares is on the brink of launching its Short Ether Strategy ETF, following the green light given to the first-ever Ethereum futures ETFs. ProShares recently unveiled a trio of Ethereum ...