Sellers

Short Sellers Jump on Crypto Stocks Despite Steep Cost of Wagers

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(Bloomberg) — Short sellers have pounced on crypto-focused equities as the digital-assets space crumbles in the wake of FTX’s public implosion. They’re paying a steep price to place those wagers. Most Read from Bloomberg Crypto stocks are nearly three times more shorted than the average share, even as short sellers are paying almost eleven times … Read more

Homebuyers and sellers have never been this ‘pessimistic’ as mortgage rates creep above 7% — here’s what the experts say about the chances of a crash or rebound

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Homebuyers and sellers have never been this ‘pessimistic’ as mortgage rates creep above 7% — here’s what the experts say about the chances of a crash or rebound Mortgage rates inched over 7% again following last week’s rate hike by the Federal Reserve — and both buyers and sellers are stalling amid economic volatility. “The … Read more

Bitcoin bulls face $21K sellers as BTC price wipes out Fed FOMC losses

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Bitcoin (BTC) headed toward $21,000 on Nov. 4 as bulls attempted to reclaim lost ground. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it rose overnight to put in new daily highs of $20,683 on Bitstamp. $21,000 sell wall proves ugly While so far a lower … Read more

Sharp Bitcoin price move expected as volatility hangs at record lows and sellers are ‘exhausted’

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Bitcoin’s (BTC) lack of volatility has been the dominant discussion point among traders for the past two weeks and the current sideways trading within the $18,000 to $25,000 range has been in effect for 126 days. A majority of traders agree that a significant price move is imminent, but exactly what are they basing this … Read more

‘We’re seeing buyers backing out’: This dramatic chart reveals U-turn in the housing market as sellers slash home prices

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Here’s a chart that speaks a thousand words about the state of the real-estate market right now. The chart above, part of a new report by real-estate brokerage Redfin RDFN, -7.03% on the property market, reveals how home sellers are adjusting to the new normal of 7% mortgage rates. The chart says that 7.9% of … Read more

Uniswap Sellers Stop But RSI Develops Bearish Divergence

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Cryptocurrencies have been suffering higher volatility since the bear took control. For example, the fledgling crypto coin Bitcoin price plummeted to a low of $18,363 on Oct 13 and then reversed to $19,354 today. Unlike the other top coins creeping, Uniswap’s native token, UNI, marks higher gains. Although its price touched $5.50 when BTC plummeted … Read more

Ethereum Price at Make-or-Break Levels, Rally Remains Attractive To Sellers

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Ethereum declined below the $1,350 support against the US Dollar. ETH could start a steady increase if there is a clear above the $1,350 resistance. Ethereum started a fresh decline after it failed to clear the $1,385 resistance zone. The price is now trading below $1,350 and the 100 hourly simple moving average. There was … Read more

Short Sellers Back Off Bearish Stock Bets After $59 Billion Loss

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(Bloomberg) — A counterintuitive trend is emerging in this volatile stock market: Short interest is declining anew as investors cash out of the market. Most Read from Bloomberg Short positions have fallen by $12 billion in the third quarter for the Russell 3000 after traders incurred mark-to-market losses of about $59 billion, according to Ihor … Read more

As mortgage rates enter the ‘red zone,’ homebuyers find they can’t quite bully sellers hard enough to compensate

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As mortgage rates enter the ‘red zone,’ homebuyers find they can’t quite bully sellers hard enough to compensate The average interest rate on America’s most popular home loan hit a 14-year high this week, pricing out even more would-be buyers amid a double whammy of high home prices and surging borrowing costs. “The monthly payment … Read more