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GameStop stocks hit restrictions on NYSE after short volume rockets 234%

GameStop stocks hit restrictions on NYSE after short volume rockets 234%

The New York Inventory Alternate (NYSE) has imposed a Brief Sale Restriction (SSR) on GameStop after quantity spiked to ranges paying homage to GameStop’s well-known 2021 brief squeeze. GameStop (GME) brief gross sales quantity — the whole variety of shares offered brief inside a selected timeframe — rose 234% over 24 hours, reaching 30.85 million … Read more

EU watchdog wants insurers’ crypto holdings 100% covered, citing volatility

EU watchdog wants insurers’ crypto holdings 100% covered, citing volatility

The European Union’s insurance coverage authority has proposed a blanket rule that might mandate insurance coverage companies to keep up capital equal to the worth of their crypto holdings as a part of a measure to mitigate dangers for policyholders. The brand new proposal — made by the European Insurance coverage and Occupational Pensions Authority … Read more

‘Our GPUs are melting’ — OpenAI puts limiter in after Ghibli-tsunami

‘Our GPUs are melting’ — OpenAI puts limiter in after Ghibli-tsunami

ChatGPT creators OpenAI have launched charge limits after a viral social media development that noticed practically all the pieces “Ghiblifyied” — changed into AI artwork within the type of the well-known Japanese animation studio.  OpenAI CEO Sam Altman was one of many first to participate within the development, posting a portrait of himself generated by … Read more

Getting crypto out of the ‘AOL era’ — Sandeep Nailwal

Getting crypto out of the ‘AOL era’ — Sandeep Nailwal

The present state of crypto is akin to the web’s “America On-line” (AOL) period through the late Nineties, when the consumer expertise was clunky, technical, featured restricted use instances, and moved at dial-up speeds, in accordance with Polygon co-founder Sandeep Nailwal. In an interview with Cointelegraph, Nailwal recognized a number of key areas of improvement … Read more

$16.5B in Bitcoin options expire on Friday — Will BTC price soar above $90K?

.5B in Bitcoin options expire on Friday — Will BTC price soar above K?

Bitcoin (BTC) traders are getting ready for the record-breaking $16.5 billion month-to-month choices expiry on March 28. Nonetheless, the precise market impression is anticipated to be extra restricted, as BTC’s drop beneath $90,000 caught traders off guard and invalidated many bullish positions.  This shift offers Bitcoin bears an important alternative to flee a possible $3 … Read more

Bitcoin price rally stalls as gold nears record $3.1K

Bitcoin price rally stalls as gold nears record .1K

Bitcoin (BTC) confronted combined forces on March 27 as a mix of recent US commerce tariffs and macroeconomic information weighed on danger property. BTC/USD 1-hour chart. Supply: Cointelegraph/TradingView Gold leaves Bitcoin within the mud amid tariff woes Information from Cointelegraph Markets Professional and TradingView confirmed BTC value volatility returning on the Wall Avenue open. BTC/USD … Read more