Institutional investors are wary of altcoins and prefer holding Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH). According to crypto exchange Bybit, Institutional Investors (INS) increased their Bitcoin holdings during the first three quarters of 2023. In September alone, a staggering 50% of INS's asset portfolio was allocated to Bitcoin. This shift aligns with the positive […]
A closely followed pseudonymous analyst outlined a potential path for Bitcoin (CRYPTO: BTC) to reach $83,000 and setting a short-term target for Ethereum (CRYPTO: ETH) at $2,500. What Happened: An analyst known as Rager expects a speculative surge in Bitcoin's price leading up to the much-anticipated ETF approval, predicting a rise to $48,000 by mid-January. However, […]
Citigroup's (NYSE:C) short percent of float has risen 32.06% since its last report. The company recently reported that it has 33.07 million shares sold short, which is 1.73% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.83 days to cover their short positions on average. […]
Allstate's (NYSE:ALL) short percent of float has fallen 14.58% since its last report. The company recently reported that it has 3.19 million shares sold short, which is 1.23% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.0 days to cover their short positions on average. […]