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Cango Stock Drops 20% After Bitcoin Miner Reports $81.6M Quarterly Loss
Cango shares fell more than 21% after the Bitcoin miner posted an $81.6 million second-quarter net loss, driven by machine-related charges.
Crypto Daily™
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Bitcoin Decouples From Nasdaq as Gold Correlation Climbs, Grayscale Finds
Grayscale says Bitcoin’s 90-day correlation with the Nasdaq 100 fell from above 60% to about 33%, weakening its risk-asset link. Bitcoin’s correlation with gold climbed from near zero to above 50% as investors focused more on scarcity and monetary risks. Rising U.S. debt, deficit...
Crypto Front News
Bitcoin Back Above $77,500 as XRP Leads Majors on Lower Fed Hike Odds
Bitcoin reclaimed the $77,500 level on Sept. 3, with XRP leading major tokens higher, as traders repriced Federal Reserve rate-hike odds down to 62%. Read original article on coinlive.me
CoinLive.me
Ripple XRP ETF Battle: How XRP Won September's First Fight
Ripple's XRP has taken the early lead in September's crypto ETF race, landing what reporting has framed as the first win of the month in the ongoing contest to bring spot altcoin funds to US markets. The article Ripple XRP ETF Battle: How XRP Won September's First Fight first fea...
TheCCPress
Micron (MU) Stock Drops 13% Despite Looming Memory Chip Price Surge
Micron (MU) stock falls 13% despite severe memory chip shortages. DRAM prices expected to jump 50% as Dell cites supply constraints. Earnings due Sept 30. The post Micron (MU) Stock Drops 13% Despite Looming Memory Chip Price Surge appeared first on Blockonomi.
Blockonomi
Faraday Future Intelligent Electric Inc. (FFAI) Stock: Drops as Company Cancels 21 Million Warrants
TLDR FFAI drops as Faraday Future cancels 21 million warrants tied to financing plans Faraday Future cuts dilution risk by cancelling more than 21 million warrants FFAI stock slips despite a major reduction in March financing dilution risks Faraday Future removes 57.48% of potent...
Blockonomi
FuelCell Energy, Inc. (FCEL) Stock: Drops as Q3 Losses Deepen Despite $3.6 Billion Backlog
TLDR FCEL drops 11.59% as Q3 revenue falls 29% despite total backlog reaching $3.6B FuelCell Energy posts deeper Q3 losses while total backlog expands to $3.6B FCEL slides pre-market as gross loss widens sharply in fiscal third quarter FuelCell Energy adds major data center deals...
Blockonomi
GitLab Inc. (GTLB) Stock: Drops as AI Demand Drives Record Bookings and Revenue Growth
TLDR GitLab shares jump 21% pre-market after revenue rises 21% to $286.3 million. Record bookings and net ARR growth above 40% strengthen GitLab’s Q2 performance. GitLab Orbit and Secrets Manager expand its platform for automated development. Non-GAAP operating income rises to $4...
Blockonomi
UBS Group (UBS) Stock: Drops as $6 Billion Tender Offer Targets Credit Suisse Notes
TLDR UBS stock drops as $6 billion tender offer targets legacy Credit Suisse notes UBS launches nine debt tenders as shares extend losses in pre-market trading UBS seeks to retire Credit Suisse notes through a tender plan worth $6 billion UBS sets September 10 deadline for nine t...
Blockonomi
Take-Two (TTWO) Stock Drops 7%: Smart Entry Point Ahead of GTA VI Release?
Take-Two (TTWO) stock declined 7% on GTA VI delay rumors. Analysts remain bullish with $297 price target, citing strong demand from 31M Netflix views. The post Take-Two (TTWO) Stock Drops 7%: Smart Entry Point Ahead of GTA VI Release? appeared first on Blockonomi.
Blockonomi

Bullish/Bearish Forum Sentiment

Indicates whether most users posting on a crypto’s stream over the last 24 hours are bearish or bullish.
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Message Board Activity

Measures the total amount of chatter on a stream over the last 24 hours.
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Discussion Diversity

Measures the number of unique accounts posting on a stream relative to the number of total messages on that stream.
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