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Bitcoin bulls aim for $55K+ as short-term seller supply dwindles – Cointelegraph

Bitcoin (BTC) price has risen 21% in the past seven days, reaching $52,000 for the first time since December 2021. The main reason for the price spike was increased inflows into spot Bitcoin exchange-traded funds (ETFs), which reached an all-time high. Traders speculate that over-the-counter (OTC) desks are depleting the coin’s reserves and turning to […]

Soho House says it may go private after short seller says it’s not profitable

Soho House may take its members’ club private after short sellers doubled after the listed company declared it would not make a profit. A review released Wednesday by Glasshouse Research compared Soho House to the now-defunct WeWork. The report puts a zero price target on the New York-based company, which has more than 40 locations […]