Fizzles

Consolidation Blues: Ethereum ETF Hype Fizzles, Market Direction Uncertain!

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In New York, the cryptocurrency market is experiencing a period of consolidation, with Ethereum showing signs of a slowdown amid excitement over potential ETFs. Analysts suggest that the overall sentiment and technical indicators point towards a phase of consolidation already in progress. Following a recent surge in the hype surrounding spot ETFs, Ethereum’s rally appears to be losing momentum, with a significant decrease from a 17% increase last week to less than 1% this week. …

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GameStop and AMC Continue Slide as Roaring Kitty Frenzy Fizzles – What’s Next for Retail Investors?

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Bengaluru, India – As the buzz surrounding the resurgence of “Roaring Kitty” diminishes, both GameStop and AMC are facing a rapid decline in premarket trading. The once-beloved retail giants have experienced a significant drop in share prices, leading to substantial losses for short sellers. GameStop shares plummeted by 14% to $34, while AMC saw a 12% decrease after an initial 88% gain. Despite the recent setbacks, data from J.P.Morgan revealed that GameStop and AMC remained …

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Meme Stock Frenzy Fizzles: GameStop and AMC Shares Plummet in PreMarket Trading!

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Chicago, Illinois – Shares of GameStop and AMC fell in premarket trading on Wednesday as the meme stock trading frenzy began to show signs of slowing down. GameStop, a brick-and-mortar video game retailer, saw a 13% drop in premarket trading, while AMC, a movie theatre chain, experienced a 12% decrease. Prior to this decline, GameStop and AMC had seen impressive gains of 179% and 135% respectively earlier in the week. The sell-off in AMC shares …

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