Notorious short seller Hindenburg Research has targeted online used car retailer Carvana (CVNA), calling the company’s turnaround strategy a “mirage.” The report by Hindenburg Research, which has shorted Carvana stock, claims the company is engaged in accounting manipulation. Titled “Carvana: A Father-Son Accounting Grift For The Ages,” the report focuses on the practice of loan sales as …
Read More »US Investor Seller Pressure Drags Bitcoin Coinbase Premium Index to 12-Month Low: CryptoQuant
The positive seasonality known to affect the bitcoin market during the last quarters of every halving year is wearing off, as seen in BTC\’s price movements over the past two weeks. This trend is often driven by high demand from investors; however, recent data shows that these market participants have slowed down in their acquisition of BTC. The decline in …
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