The Daily LEO #299: $1 Trillion Short Bets on US Stocks, Great Accumulation Race for BTC? SanR-LeoFinance Partnership & More

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Short Bets on US Stocks Hit $1 Trillion, Most Since April 2022

Short sellers are ramping up bets against US stocks even as paper losses on the positions surpass $100 billion.

Total US short interest, or the amount traders have spent betting against US equities, exceeded $1 trillion this month as ...


Bank of England hikes interest rates to 5%, stoking fears of a ‘mortgage bomb’

The Bank of England raised interest rates by half a percentage point Thursday, after data this week revealed surprisingly stubborn inflation. The move will pile pain on people with mortgages and put more downward pressure on house prices. The decision in favor of a 13th consecutive hike takes the main borrowing cost for commercial banks in the United Kingdom to 5%, the highest since April 2008 ...


US banks push back as regulators prepare international capital hikes

U.S. banks are pushing to soften a major regulatory proposal to hike bank capital requirements, worried it could prove too onerous, especially for lenders still reeling from the March banking crisis, according to six people briefed on the matter. Bank regulators led by the U.S. Federal Reserve are finalizing the proposal which would implement international capital standards ...



‘The Great Accumulation’ of Bitcoin has begun, says Gemini’s Winklevoss

Recently renewed optimism for an approved Bitcoin spot exchange-traded fund (ETF) is igniting “The Great Accumulation Race” for Bitcoin, according to industry pundits.

Over the past week, Fidelity, Invesco, Wisdom Tree and Valkyrie have followed investment giant BlackRock in applying for ...


Gods Unchained Hits Epic Games Store Ahead of Mobile Expansion

Digital card battler Gods Unchained, one of the longest-running NFT games on the market, is getting a fresh lease on life in 2023 with a slew of new planned features—and a potentially much broader audience thanks to its debut in the Epic Games Store ...


Bitcoin equities ETF hits Euronext Amsterdam stock exchange

The Netherlands has welcomed a new equity exchange-traded (ETF) fund that will give investors exposure to a basket of Bitcoin-related company stocks.

French investment firm Melanion Capital’s Bitcoin Equities ETF began trading on the Euronext Amsterdam Stock Exchange on June 22, introducing an equities-based approach to investing in the Bitcoin ecosystem.


Binance Continues Global Expansion With Regulated Kazakhstan Crypto Exchange

The pressure may be on the world’s largest crypto exchange, but Binance continues to expand operations into friendly jurisdictions. Kazakhstan is the latest location for a new regulated Binance crypto exchange.

Binance announced the launch of a regulated digital asset platform in Kazakhstan.



LeoFinance partners with SanR | Santiment's Trading Platform

With this partnership, LeoFinance aims to provide a tool for its userbase and Hivers to learn about the art of crypto trading. Users will now be able to practice trading without risking real money and they can track their trading decisions too which can be a great learning experience.


Introducing Hive Communities on LeoFinance | Want to Have Your Own Threads UI?

It's vision to become 'The Everything App for Web3 communities' made LeoFinance open up. It now has the Hive communities on the UI.

Discover how it begun, how things are evolving, shaping up and find out the whole new twist that may come soon. Will it drop the Finance from its name?


LeoFinance is a blockchain-based social media platform for Crypto & Finance content creators. Our tokenized app allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.

Subscribe to The Daily Leo and start being up to date with the crypto & finance world!

Posted Using LeoFinance Alpha



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25 comments
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Interesting highlights to read on. Thanks for sharing

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Thank you for your kind comment. Enjoy your day.

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Not much power behind stocks when the fed keeps broadcasting they will be raising rates this year lol. Like keep your mouth shut for a month or two FED!

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Haha yeah. It sucks that FED actions affect almost everything in the market. Will FED ever shut up? LOL!

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Writer knb ng daily leo sis? 😁..

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Bitcoin accumulation is a signal that now bull run is not far and and it's good for the cryptocurrency community.

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Hopefully the bull market is indeed not far away. It revives the spirit in the crypto community 😁

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Great news roundup. It is interesting to learnt about the ETF on Euronext. In the meantime Binance was not granted a license here in the Netherlands. They will close their “doors” to Dutch crypto traders.

Good initiative of LeoFinance and Sanr - that is great tool for newbies to learn and practice safely.

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Thank you. So how does it affect you if Binance can no longer operate there. Is there any other avenue where you can transact to buy or sell crypto?

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Yes luckily we have other exchanges but there is none like Binance as you know. We will have to adapt however. In addition to SEC Binance is also under investigation in France. hmmm

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That's good then, at least you have alternatives. Binance seems to be getting in hot water these days.

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Have you noticed all the crypto news are very positive and it's pumping the market. That the thing happen all the time. Firstly dump market➡️ create fear ➡️ panic selling ➡️investor accumulate more ➡️ bring positive news in market ➡️ pump the market high.

If it's the signal of next bull run then I am ready for it. I will try to make money for the life time in a single bull run😅.

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Obviously haha. We should have bought $PEPE 😂 But it's true. We just have to stay calm, buy while the market is sour and then sell when positivity is on its peak😅
!CTP

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We should have bought $PEPE 😂

Hehe. It's like a shit coin in my eyes 😅. I don't rake risk for such kind of project 😅..

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Yes and dump it the moment it shoot up 😂

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The way we are seeing how the fear was spread in the market some time ago and after that we are now seeing how the good news is coming into the market and the price is going up for the wise people. A hint is enough. Thanks for sharing this highlights.

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Yes. And we should have learned something from how the market behaves. Thank you too for your remarks. Only seeing this now.

!PIZZA

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