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2021-06-24

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2021-06-23

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Bitcoin briefly crashed again, wiping out 2021 gains. Here's why.

2021-06-18

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2021-06-17

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HK tycoon's adviser slams Apple Daily arrests as 'blatant attack' on editorial

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17:16","market":"us","language":"en","title":"Bitcoin briefly crashed again, wiping out 2021 gains. Here's why.","url":"https://stock-news.laohu8.com/highlight/detail?id=1115716980","media":"USA Today","summary":"Cryptocurrencies gyrated sharply Tuesday, extending a recent run of wild swings.\nFor the first time ","content":"<p>Cryptocurrencies gyrated sharply Tuesday, extending a recent run of wild swings.</p>\n<p>For the first time since January, bitcoin — the world’s most popular digital coin — briefly dropped below $30,000, a key level that technical analysts monitor. It erased its gains for 2021 before recovering to trade at $32,481.93, according to CoinGecko, a crypto market data site.</p>\n<p>Bitcoin at one point shed more than 10% to trade as low as $29,154.73, losing more than half its value since hitting a record high in April. That's after a tremendous performance in 2020, with the digital currency surging more than 300%.</p>\n<p>Other cryptos joined the sell-off before paring losses, with ethereum, the second-biggest digital currency by market value, slumping more than 5%. Now it's ticked up 0.7% over the past 24 hours.</p>\n<p>The selling also spilled over to smaller coins like Dogecoin, a meme-inspired crypto that at one point tumbled more than 25% to erase all of its gains since April. It has since cut declines and is down 1% in the past day.</p>\n<p>Here’s what drove the latest sell-off:</p>\n<p><b>Will Dogecoin go up or bust?:</b>Here are 700 million reasons its bubble will burst.</p>\n<p><b>Bitcoin is up, then down:</b>But exactly how does it work?</p>\n<p>Why are cryptos falling?</p>\n<p>After topping $64,000 in April, bitcoin has struggled to reclaim its all-time highs since then following a series of events. It came under pressure in May after tech billionaire Elon Musk, who has driven traders into frenzies by mentioning cryptos at times, said Tesla will stop using Bitcoin as a form of payment over concerns of the cryptocurrency's impact on fossil fuels.</p>\n<p>Since then, cryptos have gyrated as coins such as ethereum typically to move in tandem with bitcoin.</p>\n<p>In early June, bitcoin fell further amid concerns of its use in the Colonial Pipeline ransomware attack.</p>\n<p>Bitcoin, for instance, briefly touched $40,000 last week and fell again Monday after China's central bank deepened a crackdown on cryptocurrencies. China's central bank said it ordered some banks and payment firms, including China Construction Bank and Alipay, to crack down further on cryptocurrency trading.</p>\n<p>Bitcoin shed more than 10% on Monday, its largest one-day drop in over a month.</p>\n<p>How much have Bitcoin, Ethereum and Dogecoin lost in value?</p>\n<p>With Tuesday’s losses, bitcoin has slid more than 50% from its all-time high above $64,000 in mid-April. To be sure, bitcoin is still up more than 200% over the past 12 months.</p>\n<p>Ethereum has shed nearly 57% from its all time high of $4,356.99 in May while Dogecoin has shed more than 70% since it touched a record of about 73 cents last month, according to CoinGecko.</p>\n<p>Is more pain to come?</p>\n<p>Cryptos could be poised for further declines based on a closely watched indicator, according to technical analysts.</p>\n<p>Over the weekend, bitcoin formed a death cross, a chart pattern that signals the potential for a major sell-off. Bitcoin’s average price over the past 50 days fell below its 200-day moving average, which means there could be more pressure on the digital coin.</p>\n<p>\"Long-term bitcoin bulls are getting nervous as a break of $30,000 could see a tremendous amount of momentum selling,\" Edward Moya, senior market analyst at foreign-exchange trading service OANDA, said in a recent note. \"Many traders have waited for one more push lower, which could see crypto traders wait for a plunge towards the $20,000-$25,000 area.\"</p>\n<p><b>Elon Musk, Snoops Dogg and Mark Cuban love Dogecoin. Should you?:</b>How to stay safe when investing in cryptocurrency</p>\n<p>Some analysts think the May sell-off in bitcoin weakened institutional demand, which is likely to keep prices under pressure in the near term.</p>\n<p>\"There is little doubt that the boom and bust dynamics of the past weeks represent a setback to the institutional adoption of crypto markets and in particular of Bitcoin and Ethereum,” JPMorgan strategist Nikolaos Panigirtzoglou said in a report earlier this month.</p>\n<p>Still, some are using the recent decline in bitcoin as a buying opportunity. On Monday, MicroStrategy, enterprise software company, said it scooped up an additional $489 million worth of bitcoin, bringing its total holdings to 105,085 bitcoins.</p>\n<p>Are cryptos right for you?</p>\n<p>First-time investors should proceed with caution. Piling all of your nest egg into something as volatile as cryptocurrencies poses big risks to your retirement, experts say. Wealth managers and finance experts have long been skeptical of these speculative investments for amateur investors due to their extreme swings.</p>\n<p>In 2013, bitcoin began trading around $13 and spiked to more than $1,000 by December. In late 2017, the digital token surged to nearly $20,000, before crashing to almost $3,000 the following year. What followed was a dizzying rise to above $64,000 in April 2021.</p>\n<p>Dogecoin has seen similar booms and swoons. It has ridden a similar Reddit-driven wave as stocks like GameStop and AMC in recent months, accelerated by a series of tweets by Musk, who was pumping the cryptocurrency.</p>\n<p><b>Cryptos are now in 401(k)s:</b>Are they the right investment for your nest egg?</p>\n<p>Even with the latest declines, the sharp rise in the value of bitcoin earlier this year has some analysts worried about a potential bubble in the cryptocurrency market, with bitcoin's price – at one point – more than doubling since the start of 2021.</p>\n<p>About 81% of fund managers polled in a recent Bank of America survey in June said bitcoin was still a bubble. That’s up from about 75% of managers who said so in May.</p>\n<p>“While there's no guarantee that Bitcoin will recover this time, those who believe in its long-term future may well see this decline as an opportunity to invest more,” James Royal, analyst at Bankrate.com, said in a note.</p>\n<p>\"Cryptocurrency traders, especially individuals, need to know the risks of what they own,\" Royal added. \"In some cases, the risks could be a complete loss of their investment.”</p>","source":"lsy1624439865427","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin briefly crashed again, wiping out 2021 gains. 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Here's why.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 17:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.usatoday.com/story/money/markets/2021/06/22/bitcoin-price-update-ethereum-dogecoin-crashing-heres-why/5304172001/><strong>USA Today</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cryptocurrencies gyrated sharply Tuesday, extending a recent run of wild swings.\nFor the first time since January, bitcoin — the world’s most popular digital coin — briefly dropped below $30,000, a ...</p>\n\n<a href=\"https://www.usatoday.com/story/money/markets/2021/06/22/bitcoin-price-update-ethereum-dogecoin-crashing-heres-why/5304172001/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust","COIN":"Coinbase Global, Inc."},"source_url":"https://www.usatoday.com/story/money/markets/2021/06/22/bitcoin-price-update-ethereum-dogecoin-crashing-heres-why/5304172001/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115716980","content_text":"Cryptocurrencies gyrated sharply Tuesday, extending a recent run of wild swings.\nFor the first time since January, bitcoin — the world’s most popular digital coin — briefly dropped below $30,000, a key level that technical analysts monitor. It erased its gains for 2021 before recovering to trade at $32,481.93, according to CoinGecko, a crypto market data site.\nBitcoin at one point shed more than 10% to trade as low as $29,154.73, losing more than half its value since hitting a record high in April. That's after a tremendous performance in 2020, with the digital currency surging more than 300%.\nOther cryptos joined the sell-off before paring losses, with ethereum, the second-biggest digital currency by market value, slumping more than 5%. Now it's ticked up 0.7% over the past 24 hours.\nThe selling also spilled over to smaller coins like Dogecoin, a meme-inspired crypto that at one point tumbled more than 25% to erase all of its gains since April. It has since cut declines and is down 1% in the past day.\nHere’s what drove the latest sell-off:\nWill Dogecoin go up or bust?:Here are 700 million reasons its bubble will burst.\nBitcoin is up, then down:But exactly how does it work?\nWhy are cryptos falling?\nAfter topping $64,000 in April, bitcoin has struggled to reclaim its all-time highs since then following a series of events. It came under pressure in May after tech billionaire Elon Musk, who has driven traders into frenzies by mentioning cryptos at times, said Tesla will stop using Bitcoin as a form of payment over concerns of the cryptocurrency's impact on fossil fuels.\nSince then, cryptos have gyrated as coins such as ethereum typically to move in tandem with bitcoin.\nIn early June, bitcoin fell further amid concerns of its use in the Colonial Pipeline ransomware attack.\nBitcoin, for instance, briefly touched $40,000 last week and fell again Monday after China's central bank deepened a crackdown on cryptocurrencies. China's central bank said it ordered some banks and payment firms, including China Construction Bank and Alipay, to crack down further on cryptocurrency trading.\nBitcoin shed more than 10% on Monday, its largest one-day drop in over a month.\nHow much have Bitcoin, Ethereum and Dogecoin lost in value?\nWith Tuesday’s losses, bitcoin has slid more than 50% from its all-time high above $64,000 in mid-April. To be sure, bitcoin is still up more than 200% over the past 12 months.\nEthereum has shed nearly 57% from its all time high of $4,356.99 in May while Dogecoin has shed more than 70% since it touched a record of about 73 cents last month, according to CoinGecko.\nIs more pain to come?\nCryptos could be poised for further declines based on a closely watched indicator, according to technical analysts.\nOver the weekend, bitcoin formed a death cross, a chart pattern that signals the potential for a major sell-off. Bitcoin’s average price over the past 50 days fell below its 200-day moving average, which means there could be more pressure on the digital coin.\n\"Long-term bitcoin bulls are getting nervous as a break of $30,000 could see a tremendous amount of momentum selling,\" Edward Moya, senior market analyst at foreign-exchange trading service OANDA, said in a recent note. \"Many traders have waited for one more push lower, which could see crypto traders wait for a plunge towards the $20,000-$25,000 area.\"\nElon Musk, Snoops Dogg and Mark Cuban love Dogecoin. Should you?:How to stay safe when investing in cryptocurrency\nSome analysts think the May sell-off in bitcoin weakened institutional demand, which is likely to keep prices under pressure in the near term.\n\"There is little doubt that the boom and bust dynamics of the past weeks represent a setback to the institutional adoption of crypto markets and in particular of Bitcoin and Ethereum,” JPMorgan strategist Nikolaos Panigirtzoglou said in a report earlier this month.\nStill, some are using the recent decline in bitcoin as a buying opportunity. On Monday, MicroStrategy, enterprise software company, said it scooped up an additional $489 million worth of bitcoin, bringing its total holdings to 105,085 bitcoins.\nAre cryptos right for you?\nFirst-time investors should proceed with caution. Piling all of your nest egg into something as volatile as cryptocurrencies poses big risks to your retirement, experts say. Wealth managers and finance experts have long been skeptical of these speculative investments for amateur investors due to their extreme swings.\nIn 2013, bitcoin began trading around $13 and spiked to more than $1,000 by December. In late 2017, the digital token surged to nearly $20,000, before crashing to almost $3,000 the following year. What followed was a dizzying rise to above $64,000 in April 2021.\nDogecoin has seen similar booms and swoons. It has ridden a similar Reddit-driven wave as stocks like GameStop and AMC in recent months, accelerated by a series of tweets by Musk, who was pumping the cryptocurrency.\nCryptos are now in 401(k)s:Are they the right investment for your nest egg?\nEven with the latest declines, the sharp rise in the value of bitcoin earlier this year has some analysts worried about a potential bubble in the cryptocurrency market, with bitcoin's price – at one point – more than doubling since the start of 2021.\nAbout 81% of fund managers polled in a recent Bank of America survey in June said bitcoin was still a bubble. That’s up from about 75% of managers who said so in May.\n“While there's no guarantee that Bitcoin will recover this time, those who believe in its long-term future may well see this decline as an opportunity to invest more,” James Royal, analyst at Bankrate.com, said in a note.\n\"Cryptocurrency traders, especially individuals, need to know the risks of what they own,\" Royal added. \"In some cases, the risks could be a complete loss of their investment.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":375,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":168381297,"gmtCreate":1623950748119,"gmtModify":1703824564537,"author":{"id":"3570435164582461","authorId":"3570435164582461","name":"BlahBlah","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570435164582461","authorIdStr":"3570435164582461"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>[Miser]&nbsp;","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>[Miser]&nbsp;","text":"$Apple(AAPL)$[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/168381297","isVote":1,"tweetType":1,"viewCount":335,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161090232,"gmtCreate":1623895436926,"gmtModify":1703822844152,"author":{"id":"3570435164582461","authorId":"3570435164582461","name":"BlahBlah","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570435164582461","authorIdStr":"3570435164582461"},"themes":[],"htmlText":"[Smile]&nbsp;","listText":"[Smile]&nbsp;","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161090232","repostId":"2144719567","repostType":2,"repost":{"id":"2144719567","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1623894443,"share":"https://ttm.financial/m/news/2144719567?lang=&edition=fundamental","pubTime":"2021-06-17 09:47","market":"hk","language":"en","title":"HK tycoon's adviser slams Apple Daily arrests as 'blatant attack' on editorial","url":"https://stock-news.laohu8.com/highlight/detail?id=2144719567","media":"Reuters","summary":"HONG KONG, June 17 (Reuters) - An adviser to media tycoon Jimmy Lai said on Thursday the arrests of ","content":"<html><body><p>HONG KONG, June 17 (Reuters) - An adviser to media tycoon Jimmy Lai said on Thursday the arrests of five people at Hong Kong's Apple Daily newspaper was a \"blatant attack\" on the editorial team. </p><p>   Mark Simon told Reuters the arrests early on Thursday morning were aimed at the editorial side of the newspaper, not the business side. </p><p> (Reporting By Anne Marie Roantree; Editing by Muralikumar Anantharaman)</p><p>((annemarie.roantree@thomsonreuters.com; +852 97387151; Reuters Messaging: annemarie.roantree.thomsonreuters.com@reuters.net))</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>HK tycoon's adviser slams Apple Daily arrests as 'blatant attack' on editorial</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHK tycoon's adviser slams Apple Daily arrests as 'blatant attack' on editorial\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-17 09:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>HONG KONG, June 17 (Reuters) - An adviser to media tycoon Jimmy Lai said on Thursday the arrests of five people at Hong Kong's Apple Daily newspaper was a \"blatant attack\" on the editorial team. </p><p>   Mark Simon told Reuters the arrests early on Thursday morning were aimed at the editorial side of the newspaper, not the business side. </p><p> (Reporting By Anne Marie Roantree; Editing by Muralikumar Anantharaman)</p><p>((annemarie.roantree@thomsonreuters.com; +852 97387151; Reuters Messaging: annemarie.roantree.thomsonreuters.com@reuters.net))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09086":"华夏纳指-U","AAPL":"苹果","03086":"华夏纳指"},"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144719567","content_text":"HONG KONG, June 17 (Reuters) - An adviser to media tycoon Jimmy Lai said on Thursday the arrests of five people at Hong Kong's Apple Daily newspaper was a \"blatant attack\" on the editorial team.    Mark Simon told Reuters the arrests early on Thursday morning were aimed at the editorial side of the newspaper, not the business side.  (Reporting By Anne Marie Roantree; Editing by Muralikumar Anantharaman)((annemarie.roantree@thomsonreuters.com; +852 97387151; Reuters Messaging: annemarie.roantree.thomsonreuters.com@reuters.net))","news_type":1},"isVote":1,"tweetType":1,"viewCount":169,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":123726336,"gmtCreate":1624440166825,"gmtModify":1703836744852,"author":{"id":"3570435164582461","authorId":"3570435164582461","name":"BlahBlah","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570435164582461","authorIdStr":"3570435164582461"},"themes":[],"htmlText":"[Cry]&nbsp;","listText":"[Cry]&nbsp;","text":"[Cry]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/123726336","repostId":"1115716980","repostType":2,"repost":{"id":"1115716980","kind":"news","pubTimestamp":1624439805,"share":"https://ttm.financial/m/news/1115716980?lang=&edition=fundamental","pubTime":"2021-06-23 17:16","market":"us","language":"en","title":"Bitcoin briefly crashed again, wiping out 2021 gains. Here's why.","url":"https://stock-news.laohu8.com/highlight/detail?id=1115716980","media":"USA Today","summary":"Cryptocurrencies gyrated sharply Tuesday, extending a recent run of wild swings.\nFor the first time ","content":"<p>Cryptocurrencies gyrated sharply Tuesday, extending a recent run of wild swings.</p>\n<p>For the first time since January, bitcoin — the world’s most popular digital coin — briefly dropped below $30,000, a key level that technical analysts monitor. It erased its gains for 2021 before recovering to trade at $32,481.93, according to CoinGecko, a crypto market data site.</p>\n<p>Bitcoin at one point shed more than 10% to trade as low as $29,154.73, losing more than half its value since hitting a record high in April. That's after a tremendous performance in 2020, with the digital currency surging more than 300%.</p>\n<p>Other cryptos joined the sell-off before paring losses, with ethereum, the second-biggest digital currency by market value, slumping more than 5%. Now it's ticked up 0.7% over the past 24 hours.</p>\n<p>The selling also spilled over to smaller coins like Dogecoin, a meme-inspired crypto that at one point tumbled more than 25% to erase all of its gains since April. It has since cut declines and is down 1% in the past day.</p>\n<p>Here’s what drove the latest sell-off:</p>\n<p><b>Will Dogecoin go up or bust?:</b>Here are 700 million reasons its bubble will burst.</p>\n<p><b>Bitcoin is up, then down:</b>But exactly how does it work?</p>\n<p>Why are cryptos falling?</p>\n<p>After topping $64,000 in April, bitcoin has struggled to reclaim its all-time highs since then following a series of events. It came under pressure in May after tech billionaire Elon Musk, who has driven traders into frenzies by mentioning cryptos at times, said Tesla will stop using Bitcoin as a form of payment over concerns of the cryptocurrency's impact on fossil fuels.</p>\n<p>Since then, cryptos have gyrated as coins such as ethereum typically to move in tandem with bitcoin.</p>\n<p>In early June, bitcoin fell further amid concerns of its use in the Colonial Pipeline ransomware attack.</p>\n<p>Bitcoin, for instance, briefly touched $40,000 last week and fell again Monday after China's central bank deepened a crackdown on cryptocurrencies. China's central bank said it ordered some banks and payment firms, including China Construction Bank and Alipay, to crack down further on cryptocurrency trading.</p>\n<p>Bitcoin shed more than 10% on Monday, its largest one-day drop in over a month.</p>\n<p>How much have Bitcoin, Ethereum and Dogecoin lost in value?</p>\n<p>With Tuesday’s losses, bitcoin has slid more than 50% from its all-time high above $64,000 in mid-April. To be sure, bitcoin is still up more than 200% over the past 12 months.</p>\n<p>Ethereum has shed nearly 57% from its all time high of $4,356.99 in May while Dogecoin has shed more than 70% since it touched a record of about 73 cents last month, according to CoinGecko.</p>\n<p>Is more pain to come?</p>\n<p>Cryptos could be poised for further declines based on a closely watched indicator, according to technical analysts.</p>\n<p>Over the weekend, bitcoin formed a death cross, a chart pattern that signals the potential for a major sell-off. Bitcoin’s average price over the past 50 days fell below its 200-day moving average, which means there could be more pressure on the digital coin.</p>\n<p>\"Long-term bitcoin bulls are getting nervous as a break of $30,000 could see a tremendous amount of momentum selling,\" Edward Moya, senior market analyst at foreign-exchange trading service OANDA, said in a recent note. \"Many traders have waited for one more push lower, which could see crypto traders wait for a plunge towards the $20,000-$25,000 area.\"</p>\n<p><b>Elon Musk, Snoops Dogg and Mark Cuban love Dogecoin. Should you?:</b>How to stay safe when investing in cryptocurrency</p>\n<p>Some analysts think the May sell-off in bitcoin weakened institutional demand, which is likely to keep prices under pressure in the near term.</p>\n<p>\"There is little doubt that the boom and bust dynamics of the past weeks represent a setback to the institutional adoption of crypto markets and in particular of Bitcoin and Ethereum,” JPMorgan strategist Nikolaos Panigirtzoglou said in a report earlier this month.</p>\n<p>Still, some are using the recent decline in bitcoin as a buying opportunity. On Monday, MicroStrategy, enterprise software company, said it scooped up an additional $489 million worth of bitcoin, bringing its total holdings to 105,085 bitcoins.</p>\n<p>Are cryptos right for you?</p>\n<p>First-time investors should proceed with caution. Piling all of your nest egg into something as volatile as cryptocurrencies poses big risks to your retirement, experts say. Wealth managers and finance experts have long been skeptical of these speculative investments for amateur investors due to their extreme swings.</p>\n<p>In 2013, bitcoin began trading around $13 and spiked to more than $1,000 by December. In late 2017, the digital token surged to nearly $20,000, before crashing to almost $3,000 the following year. What followed was a dizzying rise to above $64,000 in April 2021.</p>\n<p>Dogecoin has seen similar booms and swoons. It has ridden a similar Reddit-driven wave as stocks like GameStop and AMC in recent months, accelerated by a series of tweets by Musk, who was pumping the cryptocurrency.</p>\n<p><b>Cryptos are now in 401(k)s:</b>Are they the right investment for your nest egg?</p>\n<p>Even with the latest declines, the sharp rise in the value of bitcoin earlier this year has some analysts worried about a potential bubble in the cryptocurrency market, with bitcoin's price – at one point – more than doubling since the start of 2021.</p>\n<p>About 81% of fund managers polled in a recent Bank of America survey in June said bitcoin was still a bubble. That’s up from about 75% of managers who said so in May.</p>\n<p>“While there's no guarantee that Bitcoin will recover this time, those who believe in its long-term future may well see this decline as an opportunity to invest more,” James Royal, analyst at Bankrate.com, said in a note.</p>\n<p>\"Cryptocurrency traders, especially individuals, need to know the risks of what they own,\" Royal added. \"In some cases, the risks could be a complete loss of their investment.”</p>","source":"lsy1624439865427","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin briefly crashed again, wiping out 2021 gains. Here's why.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin briefly crashed again, wiping out 2021 gains. Here's why.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 17:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.usatoday.com/story/money/markets/2021/06/22/bitcoin-price-update-ethereum-dogecoin-crashing-heres-why/5304172001/><strong>USA Today</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cryptocurrencies gyrated sharply Tuesday, extending a recent run of wild swings.\nFor the first time since January, bitcoin — the world’s most popular digital coin — briefly dropped below $30,000, a ...</p>\n\n<a href=\"https://www.usatoday.com/story/money/markets/2021/06/22/bitcoin-price-update-ethereum-dogecoin-crashing-heres-why/5304172001/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust","COIN":"Coinbase Global, Inc."},"source_url":"https://www.usatoday.com/story/money/markets/2021/06/22/bitcoin-price-update-ethereum-dogecoin-crashing-heres-why/5304172001/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115716980","content_text":"Cryptocurrencies gyrated sharply Tuesday, extending a recent run of wild swings.\nFor the first time since January, bitcoin — the world’s most popular digital coin — briefly dropped below $30,000, a key level that technical analysts monitor. It erased its gains for 2021 before recovering to trade at $32,481.93, according to CoinGecko, a crypto market data site.\nBitcoin at one point shed more than 10% to trade as low as $29,154.73, losing more than half its value since hitting a record high in April. That's after a tremendous performance in 2020, with the digital currency surging more than 300%.\nOther cryptos joined the sell-off before paring losses, with ethereum, the second-biggest digital currency by market value, slumping more than 5%. Now it's ticked up 0.7% over the past 24 hours.\nThe selling also spilled over to smaller coins like Dogecoin, a meme-inspired crypto that at one point tumbled more than 25% to erase all of its gains since April. It has since cut declines and is down 1% in the past day.\nHere’s what drove the latest sell-off:\nWill Dogecoin go up or bust?:Here are 700 million reasons its bubble will burst.\nBitcoin is up, then down:But exactly how does it work?\nWhy are cryptos falling?\nAfter topping $64,000 in April, bitcoin has struggled to reclaim its all-time highs since then following a series of events. It came under pressure in May after tech billionaire Elon Musk, who has driven traders into frenzies by mentioning cryptos at times, said Tesla will stop using Bitcoin as a form of payment over concerns of the cryptocurrency's impact on fossil fuels.\nSince then, cryptos have gyrated as coins such as ethereum typically to move in tandem with bitcoin.\nIn early June, bitcoin fell further amid concerns of its use in the Colonial Pipeline ransomware attack.\nBitcoin, for instance, briefly touched $40,000 last week and fell again Monday after China's central bank deepened a crackdown on cryptocurrencies. China's central bank said it ordered some banks and payment firms, including China Construction Bank and Alipay, to crack down further on cryptocurrency trading.\nBitcoin shed more than 10% on Monday, its largest one-day drop in over a month.\nHow much have Bitcoin, Ethereum and Dogecoin lost in value?\nWith Tuesday’s losses, bitcoin has slid more than 50% from its all-time high above $64,000 in mid-April. To be sure, bitcoin is still up more than 200% over the past 12 months.\nEthereum has shed nearly 57% from its all time high of $4,356.99 in May while Dogecoin has shed more than 70% since it touched a record of about 73 cents last month, according to CoinGecko.\nIs more pain to come?\nCryptos could be poised for further declines based on a closely watched indicator, according to technical analysts.\nOver the weekend, bitcoin formed a death cross, a chart pattern that signals the potential for a major sell-off. Bitcoin’s average price over the past 50 days fell below its 200-day moving average, which means there could be more pressure on the digital coin.\n\"Long-term bitcoin bulls are getting nervous as a break of $30,000 could see a tremendous amount of momentum selling,\" Edward Moya, senior market analyst at foreign-exchange trading service OANDA, said in a recent note. \"Many traders have waited for one more push lower, which could see crypto traders wait for a plunge towards the $20,000-$25,000 area.\"\nElon Musk, Snoops Dogg and Mark Cuban love Dogecoin. Should you?:How to stay safe when investing in cryptocurrency\nSome analysts think the May sell-off in bitcoin weakened institutional demand, which is likely to keep prices under pressure in the near term.\n\"There is little doubt that the boom and bust dynamics of the past weeks represent a setback to the institutional adoption of crypto markets and in particular of Bitcoin and Ethereum,” JPMorgan strategist Nikolaos Panigirtzoglou said in a report earlier this month.\nStill, some are using the recent decline in bitcoin as a buying opportunity. On Monday, MicroStrategy, enterprise software company, said it scooped up an additional $489 million worth of bitcoin, bringing its total holdings to 105,085 bitcoins.\nAre cryptos right for you?\nFirst-time investors should proceed with caution. Piling all of your nest egg into something as volatile as cryptocurrencies poses big risks to your retirement, experts say. Wealth managers and finance experts have long been skeptical of these speculative investments for amateur investors due to their extreme swings.\nIn 2013, bitcoin began trading around $13 and spiked to more than $1,000 by December. In late 2017, the digital token surged to nearly $20,000, before crashing to almost $3,000 the following year. What followed was a dizzying rise to above $64,000 in April 2021.\nDogecoin has seen similar booms and swoons. It has ridden a similar Reddit-driven wave as stocks like GameStop and AMC in recent months, accelerated by a series of tweets by Musk, who was pumping the cryptocurrency.\nCryptos are now in 401(k)s:Are they the right investment for your nest egg?\nEven with the latest declines, the sharp rise in the value of bitcoin earlier this year has some analysts worried about a potential bubble in the cryptocurrency market, with bitcoin's price – at one point – more than doubling since the start of 2021.\nAbout 81% of fund managers polled in a recent Bank of America survey in June said bitcoin was still a bubble. That’s up from about 75% of managers who said so in May.\n“While there's no guarantee that Bitcoin will recover this time, those who believe in its long-term future may well see this decline as an opportunity to invest more,” James Royal, analyst at Bankrate.com, said in a note.\n\"Cryptocurrency traders, especially individuals, need to know the risks of what they own,\" Royal added. \"In some cases, the risks could be a complete loss of their investment.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":375,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":128852194,"gmtCreate":1624511242918,"gmtModify":1703838880294,"author":{"id":"3570435164582461","authorId":"3570435164582461","name":"BlahBlah","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570435164582461","authorIdStr":"3570435164582461"},"themes":[],"htmlText":"[Smile]&nbsp;","listText":"[Smile]&nbsp;","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/128852194","repostId":"2145012223","repostType":4,"repost":{"id":"2145012223","kind":"news","pubTimestamp":1624509615,"share":"https://ttm.financial/m/news/2145012223?lang=&edition=fundamental","pubTime":"2021-06-24 12:40","market":"hk","language":"en","title":"China Evergrande arranges funds of US$1.75 billion to repay offshore bonds","url":"https://stock-news.laohu8.com/highlight/detail?id=2145012223","media":"CNA","summary":"HONG KONG:     China's most indebted property developer said it had arranged its own funds of HKUS$13.6 billion (US$1.75 billion) to repay bonds due on Monday, as well as to pay interest on all other dollar bonds.\n\nThe funds are to be remitted into the bond repayment account, the company said on ...","content":"<p>HONG KONG: China's most indebted property developer said it had arranged its own funds of HKUS$13.6 billion (US$1.75 billion) to repay bonds due on Monday, as well as to pay interest on all other dollar bonds.</p>\n<p>The funds are to be remitted into the bond repayment account, the company said on Thursday, adding that it has no further bonds due before next March, whether onshore or off.</p>\n<p>On Monday, Reuters reported that Evergrande had planned to repay its US$1.5 billion offshore bond maturing on June 28 this week, ahead of schedule.</p>\n<p>Some of the bonds of Evergrande and its subsidiaries have been sold off in recent weeks, as investor concerns have grown over its ability to make timely payments.</p>\n<p>Shares of Hong Kong-listed Evergrande rose 1.15&nbsp;percent in Thursday's morning session, versus a gain of 0.1per cent gain in the benchmark. It had plunged 18per cent in the past month to its lowest since March 2020.</p>","source":"can_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China Evergrande arranges funds of US$1.75 billion to repay offshore bonds</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina Evergrande arranges funds of US$1.75 billion to repay offshore bonds\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-24 12:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.channelnewsasia.com/news/business/china-evergrande-arranges-funds-of-us-1-75-billion-to-repay-offshore-bonds-15081734><strong>CNA</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>HONG KONG: China's most indebted property developer said it had arranged its own funds of HKUS$13.6 billion (US$1.75 billion) to repay bonds due on Monday, as well as to pay interest on all other ...</p>\n\n<a href=\"https://www.channelnewsasia.com/news/business/china-evergrande-arranges-funds-of-us-1-75-billion-to-repay-offshore-bonds-15081734\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"03333":"中国恒大"},"source_url":"https://www.channelnewsasia.com/news/business/china-evergrande-arranges-funds-of-us-1-75-billion-to-repay-offshore-bonds-15081734","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145012223","content_text":"HONG KONG: China's most indebted property developer said it had arranged its own funds of HKUS$13.6 billion (US$1.75 billion) to repay bonds due on Monday, as well as to pay interest on all other dollar bonds.\nThe funds are to be remitted into the bond repayment account, the company said on Thursday, adding that it has no further bonds due before next March, whether onshore or off.\nOn Monday, Reuters reported that Evergrande had planned to repay its US$1.5 billion offshore bond maturing on June 28 this week, ahead of schedule.\nSome of the bonds of Evergrande and its subsidiaries have been sold off in recent weeks, as investor concerns have grown over its ability to make timely payments.\nShares of Hong Kong-listed Evergrande rose 1.15 percent in Thursday's morning session, versus a gain of 0.1per cent gain in the benchmark. It had plunged 18per cent in the past month to its lowest since March 2020.","news_type":1},"isVote":1,"tweetType":1,"viewCount":144,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161090232,"gmtCreate":1623895436926,"gmtModify":1703822844152,"author":{"id":"3570435164582461","authorId":"3570435164582461","name":"BlahBlah","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570435164582461","authorIdStr":"3570435164582461"},"themes":[],"htmlText":"[Smile]&nbsp;","listText":"[Smile]&nbsp;","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161090232","repostId":"2144719567","repostType":2,"isVote":1,"tweetType":1,"viewCount":169,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":168381297,"gmtCreate":1623950748119,"gmtModify":1703824564537,"author":{"id":"3570435164582461","authorId":"3570435164582461","name":"BlahBlah","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570435164582461","authorIdStr":"3570435164582461"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>[Miser]&nbsp;","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>[Miser]&nbsp;","text":"$Apple(AAPL)$[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/168381297","isVote":1,"tweetType":1,"viewCount":335,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}