NVIDIA (NVDA. O) extended its intraday decline to 15%.
Greeks.live analyst Adam posted on social media, "After the sharp drop in bitcoin price to $98,000, the group members are generally bearish in the short term, and most traders expect the price to fall further to the $9.4-9 6,000 range. For this trend, it is generally believed that it is related to macro factors, and the overall sell-off of Nvidia and US technology stocks is regarded as the trigger. Call-over 9.6-9 8,000 dollar put options are actively traded, and traders gradually build up defen...
SOL Global, a Canadian investment fund, announced that it has signed a binding letter of intent to sell SOL Global's unsecured convertible bonds with a principal amount of 10 million Canadian dollars. The bonds will be funded in the form of upfront payments of $2 million at closing and four additional upfront payments of $2 million every 60 days after closing. The letter of intent is a binding commitment to the buyer and the transaction is expected to be completed on or before January 30, 2025.
On January 27, court documents revealed that more than 20 Indian media groups, including Adani's NDTV and Ambani's Network18, said OpenAI had crawled their content without permission, claiming that OpenAI's actions posed a clear threat to the valuable copyrights of Indian digital media companies.
On Jan. 22, Lisa Kruse, commissioner of the North Dakota Department of Financial Institution Group, told members of the House Committee on Industry, Commerce and Labor that the state's residents filed 103 complaints of cryptocurrency scams with the FBI, resulting in a total of $6.50 million in losses in 2023. The FBI reported in September that Americans lost $5.60 billion to cryptocurrency fraud in 2023 and recorded 5,500 cases involving cryptocurrency ATMs with losses exceeding $189 million.
Canadian-listed company Sol Strategies (CSE: HODL) announced an update to the terms of its second private funding round, which will issue convertible bonds and target 2.50 million Canadian dollars. The company said that after the completion of this round of financing, the total private placement will reach 30 million Canadian dollars, and the proceeds will be used to increase SOL holdings and expand validator node operations.
According to Greeks.live macro analyst Adam in the X post, the community is cautiously optimistic about the market, but divided on the short-term trend, most traders see $10.8-11 million as a key resistance level. While there is general agreement on the uptrend, there is disagreement on whether to actively build long positions or wait for a pullback before increasing exposure.
Trump's tariff threat has heightened trade war fears, and Canada has started sending crude oil to the United States in large quantities to complete the deal before the tariffs are implemented. Click to view
President Trump said late Monday that he plans to impose a 25 percent tariff on products from Canada and Mexico starting Feb. 1, and possibly on most U.S. imports, while signing an executive order directing federal agencies to conduct a comprehensive review of U.S. trade policy by this spring. Trump told reporters in the Oval Office on Monday night that he was considering imposing tariffs on Mexican and Canadian products because the two countries allow "a lot of...
The dollar index DXY continued to decline, reaching 108, down 1.30% during the day.