Celsius Token Up 65% as Traders Pull Short Squeeze

Key Takeaways Celsius’ CEL token has jumped 65% in the past 24 hours due to a combination of retail buying and short covering. The #CELShortSqueeze hashtag has helped fuel the rally by... Read more »

Social platform behind ‘retail short squeeze’ launches crypto trading

Investor-focused social media platform Stocktwits, which gained popularity during last year’s ‘retail short squeeze’ frenzy involving GameStop and AMCTheaters, rolled out its own crypto trading services on Thursday. Stocktwits has partnered with... Read more »

Bitcoin holds off on Santa rally as fund forecasts a new year ‘short squeeze’

Bitcoin (BTC) stayed rangebound after hitting ten-day highs on Dec. 22 amid fresh warnings over market “complacency.” BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView How about a new year squeeze? Data from... Read more »

Immersion Cooling Gets Attention From Miners Wanting to Squeeze More Power Out of Equipment

Bitcoin mining companies are now increasingly experimenting with immersion cooling, a form of cooling that allows them to get more hashpower out of existing miners. According to industry insiders, this cooling alternative... Read more »