Page 8 - Block Crypto News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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Short Change: There are parallels between the GameStop saga and Bitcoin, according to CNBC. Data from The Block Crypto indicates that hedge funds are short on the apex coin by over $1 billion.  The shorting picked up speed around October last year which coincides with the uptick in Bitcoin price. The cryptocurrency reached its all-time high of $41,941.56 on Jan. 8.  At the same time, retail interest in cryptocurrencies has remained strong, with Robinhood having to shut off some cryptocurrency trading features as DOGE soared. The brokerage also restricted buying of GameStop and other share...