News United States Cryptocurrencies: (X) - Analyzing United States Steel Corporation's Short Interest
United States Steel Corporation's (NYSE:X) short percent of float has fallen 11.5% since its last report. The company recently reported that it has 39.72 million shares sold short, which is 15.39% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.3 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but...
News United States Cryptocurrencies: Bitcoin to the rescue: cryptocurrencies' role in Ukraine
Cryptocurrencies like Bitcoin have taken on an unprecedented role in the war in Ukraine, helping the government raise millions of dollars to fund its fight against the Russian invasion.
News United States Cryptocurrencies: Effects of cryptocurrencies on the global market!
Digital coins like bitcoins have become extremely popular because of the capability of decentralization. Apart from this, they also provide the users with outsized gains, which come with high ...
News United States Cryptocurrencies: How Cryptocurrencies could impact geopolitics and change the nature of money
Elon Musk and Mark Zuckerberg have both argued that digital currencies are better suited for a more multipolar world as they are free from the control of any individual nation. However, currently, the two biggest competing powers namely, America and China, are not trying to democratise the monetary system but instead, cement their own influence over it.
News United States Cryptocurrencies: Is Bitcoin Legal in the United States?
Bitcoin and other cryptocurrencies are regulated by an assortment of rules both at the federal and state level.
News United States Cryptocurrencies: Charity and Cryptocurrency: How Cryptocurrencies Can Replace Fiat Donations
Before the era of cryptocurrencies, fiat has always been the instrument of choice for charitable donations to different foundations and organizations. With the introduction of cryptocurrencies, one must wonder if cryptocurrencies might become the new fiat for these generous donations.
News United States Cryptocurrencies: China Banished Cryptocurrencies. Now, ‘Mining’ Is Even Dirtier.
New research shows that China’s Bitcoin ban has sent the process of creating new coins, known as mining, to countries where it uses far less renewable energy.
News United States Cryptocurrencies: Top 5 cryptocurrencies to watch in March 2022
The month of February in the cryptocurrency space has been a rollercoaster of events both in the micro and macro ...
News United States Cryptocurrencies: Cryptocurrencies rebound, with bitcoin rising as much as 14%, as Russian and Ukrainian buyers pile in
As the ruble crumbles, Russian buyers have flocked to bitcoin, while millions of dollars in crypto donations are going to Ukraine.
News United States Cryptocurrencies: While Some Currencies Depreciate in LatAm, Cryptocurrencies Gain Popularity
The use of cryptocurrencies has given greater financial security to users who live in countries where their currency is depreciating.
News United States Cryptocurrencies: Cryptocurrencies Are Facing an Absolute Ban in 9 Countries
China is not the only country with an outright ban on crypto, as eight other jurisdictions have also applied an absolute ban on digital currencies.
News United States Cryptocurrencies: How Cryptocurrencies Work (And Why They're So Popular)
A user-friendly primer on one of the internet's hottest and most confusing topics.