Connect with us

The Latest

Mainstream Media and Wall Street Push Bitcoin Short

Spread the love

Can HODL fight off massive hedge fund shorts on Bitcoin?

Published

on

Spread the love

The mainstream media and wall street appear to be manipulating the market and public opinion in an attempt to short #Bitcoin. In a string of media articles released on Monday, Bitcoin was attacked as the next bubble as hedge funds are ramping up their short positions.

CME Bitcoin future shorts have reached a record high as hedge funds have poured in more than $1 billion. Hedge funds have been rapidly increasing their bitcoin short positions, betting the coin will go down since October.

Though there are some significant differences between the Bitcoin shorts and Gamestop shorts. Bitcoin has a 1% short interest, $GME had a 140% short interest and Bitcoin has a market cap of approximately $625 billion compared to $GME market cap of $12 billion. Most of the Bitcoin shorts are done with futures/CFDs that could maybe be canceled.

This may end up as another disaster for shorting hedge funds as Bitcoin appears to have the wind to it’s back as even Elon Musk said on Monday, “I should have bought [bitcoin] eight years ago … I do at this point think bitcoin is a good thing. I am a supporter.”

-----------------------------------------------------------------------------------

In the age of mass Silicon Valley censorship It is crucial that we stay in touch.

I need you to sign up for our free newsletter here.

Follow Hidden Americans Podcast here.

7 Comments

7 Comments

  1. A Random Commenter

    February 1, 2021 at 4:03 pm

    What happened to good ol’ RSS or alternatives to the media platforms?

  2. A Random Commenter

    February 1, 2021 at 4:07 pm

    On the actual topic at hand, if I was a person hedging Bitcoin, where would those futures be bought and sold? Are they on the same market like NASDAQ, or NYSE? Seems like the article is pushing that BitCoin would be a worthwhile ROI.

  3. froleprotrem

    February 6, 2021 at 3:06 pm

    hey there and thank you for your information – I have definitely picked up something new from right here. I did however expertise several technical issues using this web site, as I experienced to reload the web site many times previous to I could get it to load properly. I had been wondering if your hosting is OK? Not that I am complaining, but sluggish loading instances times will very frequently affect your placement in google and could damage your high-quality score if ads and marketing with Adwords. Well I’m adding this RSS to my e-mail and can look out for a lot more of your respective exciting content. Ensure that you update this again soon..

  4. zortilo nrel

    February 7, 2021 at 12:56 am

    Hmm it seems like your site ate my first comment (it was extremely long) so I guess I’ll just sum it up what I wrote and say, I’m thoroughly enjoying your blog. I too am an aspiring blog writer but I’m still new to the whole thing. Do you have any helpful hints for novice blog writers? I’d certainly appreciate it.

  5. Dr. Gőz Péter ügyvéd Debrecen

    February 9, 2021 at 9:50 am

    I’m really loving the theme/design of your website. Do you ever run into any browser compatibility problems? A number of my blog visitors have complained about my site not operating correctly in Explorer but looks great in Safari. Do you have any tips to help fix this issue?

  6. vreyro linomit

    February 26, 2021 at 2:29 am

    I’m not sure where you’re getting your info, but great topic. I needs to spend some time learning much more or understanding more. Thanks for wonderful info I was looking for this info for my mission.

  7. blog

    March 2, 2021 at 11:13 am

    Greetings! This is my first visit to your blog! We are a team of volunteers and starting a new project in a community in the same niche. Your blog provided us beneficial information to work on. You have done a wonderful job!

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending

Copyright © 2020 Hidden Americans