Betting Against Bitcoin? Short Sellers Stake $11 Billion Against Crypto-Linked Stock Rise

Despite the bullish momentum witnessed in the cryptocurrency market, fueled by a significant uptick in Bitcoin’s price, skepticism among short sellers persists, and billions of dollars have been wagered on the downturn of cryptocurrency-linked stocks.

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Crypto Custodian Bakkt Running On Fumes: Will They Find Funding Or Collapse?

Digital asset platform Bakkt finds itself struggling to stay afloat with dwindling cash reserves. The company’s recent filing with the U.S. Securities and Exchange Commission (SEC) paints a worrying picture, raising concerns about its long-term viability.

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