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07.06.26 - 16:30
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Short-Term Bitcoin Holders Are Realizing Their Largest Losses On Record; Most Oversold Since 2018 Collapse (ZeroHedge)
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Short-Term Bitcoin Holders Are Realizing Their Largest Losses On Record; Most Oversold Since 2018 Collapse
After this week's bloodbath...
Bitcoin is now flashing its most oversold signal since 2018, raising the odds of a relief rebound toward $70,000 in the coming weeks.
The extremely oversold reading followed a roughly 30% decline in BTC over the past month, as geopolitical risks, higher oil prices, fading hopes for a 2026 Federal Reserve rate cut, and panic over Strategy's latest Bitcoin sale weighed on sentiment.
In addition, there was some online chatter seems to speculate that retail investors may be selling crypto to chase the biggest IPO ever.
The Elon Musk-owned rockets, satellite and AI company SpaceX is selling up to 30% of its record $75 billion offering straight to retail investors through Robinhood, Fidelity and Charles Schwab, more than three times the slice a typical IPO sets aside for individuals.
The roadshow opened Thursday already oversubscribed, with more orders th...
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04.06.26 - 14:54
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While Executives Sell, This Billionaire-Backed Fund Is Quietly Accumulating Robinhood Stock (24/7 Wall St.)
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Meyer “Micky” Malka, a Robinhood (NASDAQ:HOOD) director and founder of fintech-focused Ribbit Capital, made an open-market purchase of 249,000 Class A shares on May 28, 2026, according to a Form 4 filing on June 1. The weighted-average price was $80.3944, with a fill range of $80.05 to $80.68, and the fund's stake rose to 3,493,427 ... While Executives Sell, This Billionaire-Backed Fund Is Quietly Accumulating Robinhood Stock...
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03.06.26 - 16:18
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Lassie Raises $35M Led by Andreessen Horowitz to Build AI for Small Businesses to Run Themselves (Business Wire)
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Founded by early Robinhood and Superhuman product managers, Lassie is working on autonomous systems that handle the busywork
Currently operating in 700+ small businesses across 49 states, providing business owners with over 250,000 hours of labor each yearSAN FRANCISCO, Calif.--(BUSINESS WIRE)--Lassie, the company building autonomous systems to run small businesses, announced it has raised $35 million in Series A financing, bringing its total capital raised to $47 million. The round was led by Andreessen Horowitz (a16z) with support from Night Capital, Rahul Vohra, founder and former CEO of Superhuman; Zach Perret, co-founder and CEO of Plaid; Taavet Hinrikus, co-founder and former CEO of Wise; Gokul Rajaram; and Brian Balfour, co-founder and CEO of Reforge.
AI can do a lot today. It writes software, passes bar exams, and generates realistic videos from simple prompts. But it can do so much more. It can help millions of small business owners by handling their busywork. Up until now, software has not remo...
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