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2021-09-24

Banks do not like it. So they will persuade governemnt to control it. You see China and Korea, what they are doing

If Bitcoin Really Is Digital Gold, Then $500,000 Is the Next Stop

2021-05-19

Below 20k soon, hope not

Coinbase said it was investigating platform downtime

2021-05-19

May drop below 20K in the next few days

Dow drops 350 points, Nasdaq falls 1.7% as tech sell-off intensifies amid bitcoin’s slide

2021-05-17

This is a game, casino maybe

'Bitcoin is melting.' Here's what a 30% drop from highs in the crypto may say about stock-market risk sentiment

2021-05-11

Not time to load yet

Tesla Shares Plunge Over 7% After Company Reportedly Halts Plans To Expand In China

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So they will persuade governemnt to control it. You see China and Korea, what they are doing","listText":"Banks do not like it. So they will persuade governemnt to control it. You see China and Korea, what they are doing","text":"Banks do not like it. So they will persuade governemnt to control it. You see China and Korea, what they are doing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/861151449","repostId":"1199759162","repostType":4,"repost":{"id":"1199759162","kind":"news","pubTimestamp":1632454663,"share":"https://www.laohu8.com/m/news/1199759162?lang=&edition=full","pubTime":"2021-09-24 11:37","market":"us","language":"en","title":"If Bitcoin Really Is Digital Gold, Then $500,000 Is the Next Stop","url":"https://stock-news.laohu8.com/highlight/detail?id=1199759162","media":"investorplace","summary":"Everyone loves to throw out long-term price targets on Bitcoin.\nARK Invest fund manager Cathie Wood ","content":"<p>Everyone loves to throw out long-term price targets on&nbsp;<b><u>Bitcoin</u></b>.</p>\n<p>ARK Invest fund manager&nbsp;<b>Cathie Wood</b>&nbsp;last week reiterated her firm’s call for Bitcoin to trend toward $500,000 per coin over the next several years.&nbsp;<b>Tyler Winklevoss</b>&nbsp;of Facebook fame and big crypto enthusiast has also pounded on the table about a $500,000 long-term price target for Bitcoin.</p>\n<p>Meanwhile, the relatively conservative analyst team over at&nbsp;<b>JPMorgan</b>&nbsp;has set a theoretical long-term price target for BTC of $130,000. A leaked&nbsp;<b>Citibank</b>&nbsp;report shows that the analysts over there think that the price could climb toward $300,000. Billionaire&nbsp;<b>Tim Draper</b>&nbsp;has gone on record multiple times saying Bitcoin prices will eclipse $250,000 by the end of 2022.</p>\n<p>And, in the most bullish call of them all,&nbsp;<b>Anthony Pompliano</b>– co-founder and partner at Morgan Creek Digital Assets – has said Bitcoin prices could soar to $1 million per token in the long run.</p>\n<p>Big numbers. Yes. But can Bitcoin really soar toward $200,000? $300,000? Even $500,000 or higher in the long run?</p>\n<p>Our short answer:<b><i>Yes.</i></b></p>\n<p>And the reasoning is pretty simple. Bitcoin is the digital version of gold. The gold market is an $11 trillion market. If Bitcoin gets that big, you’re talking an $11 trillion market on 21 million tokens, which implies a price per token of about $500,000.</p>\n<p>That’s the back-of-the-envelope reasoning and math behind the $500,000 price target.</p>\n<p>Of course, that model rests on some major assumptions. One, Bitcoin is the digital version of gold, and two, the Bitcoin market will be as big as the gold market.</p>\n<p><u>We think both are fair assumptions</u>.</p>\n<p>The modern value of gold derives from&nbsp;<b><i>scarcity</i></b>. Sure, maybe once upon a time, gold was used to barter for goods or used to make swords and shields. Not too long ago, it was used in some semiconductor chips.</p>\n<p>But those days are gone. Today, gold is used for nothing. Its value is in the fact that it has finite supply and, therefore, is a good store of value.</p>\n<p>The same is true for Bitcoin. In fact, it’s even more true for Bitcoin. There are, by definition, only 21 million Bitcoins in the world. There will never be more than that. Meanwhile, in the gold market, more gold mining efforts can always be put online to increase supply as demand increases.</p>\n<p>In other words, Bitcoin has more scarcity than gold and, therefore, isn’t just the digital version of gold – it is a digital and superior version of gold.</p>\n<p>Meanwhile, Bitcoin is&nbsp;<b><i>digital</i></b>, while gold is&nbsp;<b><i>physical</i></b>, and the whole world is pivoting toward digitization these days. Media is digital. Shopping is digital. Entertainment is digital. Communications are digital. Work is digital. Health is digital. Everything is digital.</p>\n<p>In that world, money will inevitably become digital, too. Indeed, that’s already happening. Venmo. Cash App. PayPal. SoFi. All of these digital money apps are soaring in usage right now, while the volume of cash transactions is plummeting.</p>\n<p>Therefore, Bitcoin is gold made for the modern world. You can’t send gold through a social media platform, or a streaming service, or use it buy a good online.&nbsp;<b>But you can use Bitcoin for that.</b></p>\n<p>To that extent, it’s easy to see why folks will ditch their physical store of value (gold) for a digital store of value (Bitcoin) – and why the Bitcoin market will become as big as (if not bigger than) the gold market.</p>\n<p>All in all, we think the fundamental reasoning underlying the Bitcoin market supports that Bitcoin prices will trend towards $500,000 in the long run.</p>\n<p>How long will it take to get there? No one really knows. Our best guess is about 10 years – and if so, you’re talking about an asset that will increase 10X in value in 10 years.</p>\n<p><u>That’s an</u>&nbsp;<u><b><i>amazing</i></b></u>&nbsp;<u>return</u>.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>If Bitcoin Really Is Digital Gold, Then $500,000 Is the Next Stop</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIf Bitcoin Really Is Digital Gold, Then $500,000 Is the Next Stop\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-24 11:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/hypergrowthinvesting/2021/09/if-bitcoin-really-is-digital-gold-then-500000-is-the-next-stop/><strong>investorplace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Everyone loves to throw out long-term price targets on Bitcoin.\nARK Invest fund manager Cathie Wood last week reiterated her firm’s call for Bitcoin to trend toward $500,000 per coin over the next ...</p>\n\n<a href=\"https://investorplace.com/hypergrowthinvesting/2021/09/if-bitcoin-really-is-digital-gold-then-500000-is-the-next-stop/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://investorplace.com/hypergrowthinvesting/2021/09/if-bitcoin-really-is-digital-gold-then-500000-is-the-next-stop/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199759162","content_text":"Everyone loves to throw out long-term price targets on Bitcoin.\nARK Invest fund manager Cathie Wood last week reiterated her firm’s call for Bitcoin to trend toward $500,000 per coin over the next several years. Tyler Winklevoss of Facebook fame and big crypto enthusiast has also pounded on the table about a $500,000 long-term price target for Bitcoin.\nMeanwhile, the relatively conservative analyst team over at JPMorgan has set a theoretical long-term price target for BTC of $130,000. A leaked Citibank report shows that the analysts over there think that the price could climb toward $300,000. Billionaire Tim Draper has gone on record multiple times saying Bitcoin prices will eclipse $250,000 by the end of 2022.\nAnd, in the most bullish call of them all, Anthony Pompliano– co-founder and partner at Morgan Creek Digital Assets – has said Bitcoin prices could soar to $1 million per token in the long run.\nBig numbers. Yes. But can Bitcoin really soar toward $200,000? $300,000? Even $500,000 or higher in the long run?\nOur short answer:Yes.\nAnd the reasoning is pretty simple. Bitcoin is the digital version of gold. The gold market is an $11 trillion market. If Bitcoin gets that big, you’re talking an $11 trillion market on 21 million tokens, which implies a price per token of about $500,000.\nThat’s the back-of-the-envelope reasoning and math behind the $500,000 price target.\nOf course, that model rests on some major assumptions. One, Bitcoin is the digital version of gold, and two, the Bitcoin market will be as big as the gold market.\nWe think both are fair assumptions.\nThe modern value of gold derives from scarcity. Sure, maybe once upon a time, gold was used to barter for goods or used to make swords and shields. Not too long ago, it was used in some semiconductor chips.\nBut those days are gone. Today, gold is used for nothing. Its value is in the fact that it has finite supply and, therefore, is a good store of value.\nThe same is true for Bitcoin. In fact, it’s even more true for Bitcoin. There are, by definition, only 21 million Bitcoins in the world. There will never be more than that. Meanwhile, in the gold market, more gold mining efforts can always be put online to increase supply as demand increases.\nIn other words, Bitcoin has more scarcity than gold and, therefore, isn’t just the digital version of gold – it is a digital and superior version of gold.\nMeanwhile, Bitcoin is digital, while gold is physical, and the whole world is pivoting toward digitization these days. Media is digital. Shopping is digital. Entertainment is digital. Communications are digital. Work is digital. Health is digital. Everything is digital.\nIn that world, money will inevitably become digital, too. Indeed, that’s already happening. Venmo. Cash App. PayPal. SoFi. All of these digital money apps are soaring in usage right now, while the volume of cash transactions is plummeting.\nTherefore, Bitcoin is gold made for the modern world. You can’t send gold through a social media platform, or a streaming service, or use it buy a good online. But you can use Bitcoin for that.\nTo that extent, it’s easy to see why folks will ditch their physical store of value (gold) for a digital store of value (Bitcoin) – and why the Bitcoin market will become as big as (if not bigger than) the gold market.\nAll in all, we think the fundamental reasoning underlying the Bitcoin market supports that Bitcoin prices will trend towards $500,000 in the long run.\nHow long will it take to get there? No one really knows. Our best guess is about 10 years – and if so, you’re talking about an asset that will increase 10X in value in 10 years.\nThat’s an amazing return.","news_type":1},"isVote":1,"tweetType":1,"viewCount":404,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":197197140,"gmtCreate":1621432618080,"gmtModify":1634189201632,"author":{"id":"3575355151250207","authorId":"3575355151250207","name":"Murano","avatar":"https://static.tigerbbs.com/9bc5191a2d85b818277eaa73ce411079","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575355151250207","authorIdStr":"3575355151250207"},"themes":[],"htmlText":"Below 20k soon, hope not","listText":"Below 20k soon, hope not","text":"Below 20k soon, hope not","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/197197140","repostId":"1108295275","repostType":4,"repost":{"id":"1108295275","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1621430580,"share":"https://www.laohu8.com/m/news/1108295275?lang=&edition=full","pubTime":"2021-05-19 21:23","market":"fut","language":"en","title":"Coinbase said it was investigating platform downtime","url":"https://stock-news.laohu8.com/highlight/detail?id=1108295275","media":"Tiger Newspress","summary":"Coinbase said it was investigating platform downtime.Bitcoin tumbled 27% in the day, breaking the $3","content":"<p>Coinbase said it was investigating platform downtime.Bitcoin tumbled 27% in the day, breaking the $31000 mark;Coinbase plunged nearly 10% in premarket trading.</p><p>In addition,Binance, the trading platform, said it would suspend withdrawals from Ethereum and erc20.</p><p><img src=\"https://static.tigerbbs.com/90eac40f11bbb8e212cf9e2083c4788a\" tg-width=\"1302\" tg-height=\"663\" referrerpolicy=\"no-referrer\"></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Coinbase said it was investigating platform downtime</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCoinbase said it was investigating platform downtime\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-19 21:23</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Coinbase said it was investigating platform downtime.Bitcoin tumbled 27% in the day, breaking the $31000 mark;Coinbase plunged nearly 10% in premarket trading.</p><p>In addition,Binance, the trading platform, said it would suspend withdrawals from Ethereum and erc20.</p><p><img src=\"https://static.tigerbbs.com/90eac40f11bbb8e212cf9e2083c4788a\" tg-width=\"1302\" tg-height=\"663\" referrerpolicy=\"no-referrer\"></p><p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108295275","content_text":"Coinbase said it was investigating platform downtime.Bitcoin tumbled 27% in the day, breaking the $31000 mark;Coinbase plunged nearly 10% in premarket trading.In addition,Binance, the trading platform, said it would suspend withdrawals from Ethereum and erc20.","news_type":1},"isVote":1,"tweetType":1,"viewCount":355,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":197192396,"gmtCreate":1621432490015,"gmtModify":1634189203527,"author":{"id":"3575355151250207","authorId":"3575355151250207","name":"Murano","avatar":"https://static.tigerbbs.com/9bc5191a2d85b818277eaa73ce411079","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575355151250207","authorIdStr":"3575355151250207"},"themes":[],"htmlText":"May drop below 20K in the next few days","listText":"May drop below 20K in the next few days","text":"May drop below 20K in the next few days","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/197192396","repostId":"1123947989","repostType":4,"repost":{"id":"1123947989","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1621431112,"share":"https://www.laohu8.com/m/news/1123947989?lang=&edition=full","pubTime":"2021-05-19 21:31","market":"us","language":"en","title":"Dow drops 350 points, Nasdaq falls 1.7% as tech sell-off intensifies amid bitcoin’s slide","url":"https://stock-news.laohu8.com/highlight/detail?id=1123947989","media":"Tiger Newspress","summary":"U.S. stocks fell sharply on Wednesday as selling returned to the tech sector amid a plunge in crypto","content":"<p>U.S. stocks fell sharply on Wednesday as selling returned to the tech sector amid a plunge in cryptocurrencies.</p><p>The Dow Jones Industrial Average fell 351 points, while the S&amp;P 500 dropped 1.3%. The tech-heavy Nasdaq Composite slid 1.7% as Microsoft, Facebook, Alphabet and Apple all slid more than 1%</p><p><img src=\"https://static.tigerbbs.com/8278b9b021515b090ee2f54b00eb6633\" tg-width=\"1051\" tg-height=\"438\" referrerpolicy=\"no-referrer\"></p><p>Sentiment in the tech sector was dented by a drop in cryptocurrencies including bitcoin. The world's largest digital token&nbsp;fell below $40,000&nbsp;for the first time in 14 weeks and last traded around $36,060 apiece. At one point, the price was down 20% in the last 24 hours and it has fallen more than 30% in one week, according to Coinbase. On Tuesday, China warned financial institutions not to conduct crypto-related business, possibly sparking the sell-off.</p><p>Tesla, a big holder of bitcoin, declined 4%. Microstrategy, another company which bought a large amount of bitcoin for its corporate treasury, tanked by 5%. Coinbase, the newly public crypto exchange, fell 3%.</p><p>Growth stocks have come under pressure lately with the Nasdaq Composite falling nearly 5% in May as fears of inflation intensified. A sustained pickup in price pressures could unravel the Federal Reserve's accommodative policies, which could hurt technology companies that have relied for years on easy borrowing costs for superior growth.</p><p>Cathie Wood's flagship fund Ark Innovation ETF (ARKK) dropped more than 4%, bringing its 2021 losses to more than 15%.</p><p>The Fed publishes the minutes from its April meeting later Wednesday afternoon, which could add to angst about inflation. The Fed kept its easy policies that meeting, but acknowledged that inflation could rise in coming months. The central bank maintains that these price pressures will be transitory.</p><p>\"The major question for markets right now is whether the Fed is right and this increase in inflation is just temporary, because if inflation is not temporary, it could unleash a very painful period for virtually all investors,\" Tom Essaye, founder of Sevens Report, said in a note.</p><p>Helping the sentiment a bit on Wednesday was better-than-expected results from Target. Shares of the major retailer popped by 3.8% after it&nbsp;said sales surged 23% last quarter.</p><p>Major stock indexes are coming off back-to-back losses weighed by weakness in the technology sector. Soft housing data on Tuesday partly triggered the broad selling in the previous session.</p><p>“Late-day weakness in this sector is becoming commonplace adding to fears it could be headed for a longer and more pronounced period of consolidation than expected,” Jim Paulsen, chief investment strategist at the Leuthold Group, told CNBC.</p><p>“Investors will be scrutinizing the release of the latest Fed minutes for any subtle hints as to when some tapering actions may be forthcoming,” added Paulsen.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dow drops 350 points, Nasdaq falls 1.7% as tech sell-off intensifies amid bitcoin’s slide</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDow drops 350 points, Nasdaq falls 1.7% as tech sell-off intensifies amid bitcoin’s slide\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-19 21:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>U.S. stocks fell sharply on Wednesday as selling returned to the tech sector amid a plunge in cryptocurrencies.</p><p>The Dow Jones Industrial Average fell 351 points, while the S&amp;P 500 dropped 1.3%. The tech-heavy Nasdaq Composite slid 1.7% as Microsoft, Facebook, Alphabet and Apple all slid more than 1%</p><p><img src=\"https://static.tigerbbs.com/8278b9b021515b090ee2f54b00eb6633\" tg-width=\"1051\" tg-height=\"438\" referrerpolicy=\"no-referrer\"></p><p>Sentiment in the tech sector was dented by a drop in cryptocurrencies including bitcoin. The world's largest digital token&nbsp;fell below $40,000&nbsp;for the first time in 14 weeks and last traded around $36,060 apiece. At one point, the price was down 20% in the last 24 hours and it has fallen more than 30% in one week, according to Coinbase. On Tuesday, China warned financial institutions not to conduct crypto-related business, possibly sparking the sell-off.</p><p>Tesla, a big holder of bitcoin, declined 4%. Microstrategy, another company which bought a large amount of bitcoin for its corporate treasury, tanked by 5%. Coinbase, the newly public crypto exchange, fell 3%.</p><p>Growth stocks have come under pressure lately with the Nasdaq Composite falling nearly 5% in May as fears of inflation intensified. A sustained pickup in price pressures could unravel the Federal Reserve's accommodative policies, which could hurt technology companies that have relied for years on easy borrowing costs for superior growth.</p><p>Cathie Wood's flagship fund Ark Innovation ETF (ARKK) dropped more than 4%, bringing its 2021 losses to more than 15%.</p><p>The Fed publishes the minutes from its April meeting later Wednesday afternoon, which could add to angst about inflation. The Fed kept its easy policies that meeting, but acknowledged that inflation could rise in coming months. The central bank maintains that these price pressures will be transitory.</p><p>\"The major question for markets right now is whether the Fed is right and this increase in inflation is just temporary, because if inflation is not temporary, it could unleash a very painful period for virtually all investors,\" Tom Essaye, founder of Sevens Report, said in a note.</p><p>Helping the sentiment a bit on Wednesday was better-than-expected results from Target. Shares of the major retailer popped by 3.8% after it&nbsp;said sales surged 23% last quarter.</p><p>Major stock indexes are coming off back-to-back losses weighed by weakness in the technology sector. Soft housing data on Tuesday partly triggered the broad selling in the previous session.</p><p>“Late-day weakness in this sector is becoming commonplace adding to fears it could be headed for a longer and more pronounced period of consolidation than expected,” Jim Paulsen, chief investment strategist at the Leuthold Group, told CNBC.</p><p>“Investors will be scrutinizing the release of the latest Fed minutes for any subtle hints as to when some tapering actions may be forthcoming,” added Paulsen.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","MSFT":"微软","TSLA":"特斯拉",".SPX":"S&P 500 Index","AAPL":"苹果",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123947989","content_text":"U.S. stocks fell sharply on Wednesday as selling returned to the tech sector amid a plunge in cryptocurrencies.The Dow Jones Industrial Average fell 351 points, while the S&P 500 dropped 1.3%. The tech-heavy Nasdaq Composite slid 1.7% as Microsoft, Facebook, Alphabet and Apple all slid more than 1%Sentiment in the tech sector was dented by a drop in cryptocurrencies including bitcoin. The world's largest digital token fell below $40,000 for the first time in 14 weeks and last traded around $36,060 apiece. At one point, the price was down 20% in the last 24 hours and it has fallen more than 30% in one week, according to Coinbase. On Tuesday, China warned financial institutions not to conduct crypto-related business, possibly sparking the sell-off.Tesla, a big holder of bitcoin, declined 4%. Microstrategy, another company which bought a large amount of bitcoin for its corporate treasury, tanked by 5%. Coinbase, the newly public crypto exchange, fell 3%.Growth stocks have come under pressure lately with the Nasdaq Composite falling nearly 5% in May as fears of inflation intensified. A sustained pickup in price pressures could unravel the Federal Reserve's accommodative policies, which could hurt technology companies that have relied for years on easy borrowing costs for superior growth.Cathie Wood's flagship fund Ark Innovation ETF (ARKK) dropped more than 4%, bringing its 2021 losses to more than 15%.The Fed publishes the minutes from its April meeting later Wednesday afternoon, which could add to angst about inflation. The Fed kept its easy policies that meeting, but acknowledged that inflation could rise in coming months. The central bank maintains that these price pressures will be transitory.\"The major question for markets right now is whether the Fed is right and this increase in inflation is just temporary, because if inflation is not temporary, it could unleash a very painful period for virtually all investors,\" Tom Essaye, founder of Sevens Report, said in a note.Helping the sentiment a bit on Wednesday was better-than-expected results from Target. Shares of the major retailer popped by 3.8% after it said sales surged 23% last quarter.Major stock indexes are coming off back-to-back losses weighed by weakness in the technology sector. Soft housing data on Tuesday partly triggered the broad selling in the previous session.“Late-day weakness in this sector is becoming commonplace adding to fears it could be headed for a longer and more pronounced period of consolidation than expected,” Jim Paulsen, chief investment strategist at the Leuthold Group, told CNBC.“Investors will be scrutinizing the release of the latest Fed minutes for any subtle hints as to when some tapering actions may be forthcoming,” added Paulsen.","news_type":1},"isVote":1,"tweetType":1,"viewCount":274,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":195952809,"gmtCreate":1621252431001,"gmtModify":1634193042486,"author":{"id":"3575355151250207","authorId":"3575355151250207","name":"Murano","avatar":"https://static.tigerbbs.com/9bc5191a2d85b818277eaa73ce411079","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575355151250207","authorIdStr":"3575355151250207"},"themes":[],"htmlText":"This is a game, casino maybe","listText":"This is a game, casino maybe","text":"This is a game, casino maybe","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/195952809","repostId":"2136980120","repostType":4,"repost":{"id":"2136980120","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1621218420,"share":"https://www.laohu8.com/m/news/2136980120?lang=&edition=full","pubTime":"2021-05-17 10:27","market":"us","language":"en","title":"'Bitcoin is melting.' Here's what a 30% drop from highs in the crypto may say about stock-market risk sentiment","url":"https://stock-news.laohu8.com/highlight/detail?id=2136980120","media":"Dow Jones","summary":"What does a weekend meltdown in bitcoin prices portend for U.S. stocks?Bitcoin  is supposed to be an asset that isn't highly correlated with equity markets, or any other traditional asset for that matter, but some analysts have pointed out that the cryptocurrency has traded in closer step with parts of the market amid the recent turbulence in equities as investors attempt to assess the most effective strategies for playing an economy recovering from the worst pandemic in more than a century.In a","content":"<p>What does a weekend meltdown in bitcoin prices portend for U.S. stocks?</p><p>Bitcoin  is supposed to be an asset that isn't highly correlated with equity markets, or any other traditional asset for that matter, but some analysts have pointed out that the cryptocurrency has traded in closer step with parts of the market amid the recent turbulence in equities as investors attempt to assess the most effective strategies for playing an economy recovering from the worst pandemic in more than a century.</p><p>In a blog post on Sunday,  Mott Capital's Michael Kramer said that bitcoin's recent breakdown could signal that risk appetite on Wall Street is in transition -- presumably in a bearish direction.</p><p>\"Bitcoin is telling us the risk sentiment of the market overall is shifting, and we care about bitcoin because we care about risk sentiment,\" Kramer wrote.</p><p>Bitcoin prices are down 28% from a peak at $64,829.14 in mid-April, and Sunday's trade was choppy for the world's most prominent crypto after a tweet from digital-asset bull and Tesla Inc. <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> CEO Elon Musk was interpreted as a threat to unload the $1.5 billion investment in bitcoin .</p><p>Kramer made the case that the bullish sentiment that has been a recent feature of markets -- even amid last week's bout of volatility -- could be downshifting, and that <a href=\"https://laohu8.com/S/AONE\">one</a> aspect of the market that may be moving the most closely in line with bitcoin prices is small-capitalization stocks, like those in the Russell 2000 index .</p><p>The Russell 2000 closed Friday notching its largest weekly percentage decline since March 26, off 2.1%. It was a bruising week for stock s, generally, even if equities enjoyed a solid rally to end the five-day trading period that had been marked by unease about inflation in the middle of the week. The Dow Jones Industrial Average , S&amp;P 500  and the technology-laden Nasdaq Composite Index  all logged their steepest weekly losses since Feb. 26 and the Nasdaq also booked its lengthiest weekly losing streak, four straight, since Aug. 23, 2019.</p><p>Kramer said \"bitcoin is melting,\" and added that it is possible that the asset may have further room to fall.</p><p>A few technical analysts see bitcoin potentially hitting $42,000. Katie Stockton, market technician and founder of Fairlead Strategies, said that support sits around that area for the coin, which touched a weekend nadir of just above $43,800.</p><p>So what does that all mean for stocks? It's hard to say.</p><p>Futures for the Dow , S&amp;P 500 index  and the Nasdaq-100  were all trading modestly lower Sunday night.</p><p>Some analysts see stocks headed higher to end 2021, bitcoin moves notwithstanding.</p><p>Tom Lee, founder of Fundstrat Global Advisors, is forecasting the S&amp;P 500 to rise another 7% to 8% from current levels and he is maintaining his target for the broad-market benchmark at 4,400.</p><p>Lee said that markets attempt to \"crash\" last week failed, and he saw parallels between last year's slump and this current period, which he blamed, at least partly, on readjustments tied to taxes, the deadlines for which were extended to May 17.</p><p>\"In other words, the market could not muster enough panic to push further downside,\" wrote Lee.</p><p>\"Instead, we saw a strong rally in the second half of the week. We believe this rally will carry over into this week. In fact, we think that stocks are still on track to make new highs before June 30th,\" he forecast.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>'Bitcoin is melting.' Here's what a 30% drop from highs in the crypto may say about stock-market risk sentiment</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n'Bitcoin is melting.' Here's what a 30% drop from highs in the crypto may say about stock-market risk sentiment\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-05-17 10:27</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>What does a weekend meltdown in bitcoin prices portend for U.S. stocks?</p><p>Bitcoin  is supposed to be an asset that isn't highly correlated with equity markets, or any other traditional asset for that matter, but some analysts have pointed out that the cryptocurrency has traded in closer step with parts of the market amid the recent turbulence in equities as investors attempt to assess the most effective strategies for playing an economy recovering from the worst pandemic in more than a century.</p><p>In a blog post on Sunday,  Mott Capital's Michael Kramer said that bitcoin's recent breakdown could signal that risk appetite on Wall Street is in transition -- presumably in a bearish direction.</p><p>\"Bitcoin is telling us the risk sentiment of the market overall is shifting, and we care about bitcoin because we care about risk sentiment,\" Kramer wrote.</p><p>Bitcoin prices are down 28% from a peak at $64,829.14 in mid-April, and Sunday's trade was choppy for the world's most prominent crypto after a tweet from digital-asset bull and Tesla Inc. <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> CEO Elon Musk was interpreted as a threat to unload the $1.5 billion investment in bitcoin .</p><p>Kramer made the case that the bullish sentiment that has been a recent feature of markets -- even amid last week's bout of volatility -- could be downshifting, and that <a href=\"https://laohu8.com/S/AONE\">one</a> aspect of the market that may be moving the most closely in line with bitcoin prices is small-capitalization stocks, like those in the Russell 2000 index .</p><p>The Russell 2000 closed Friday notching its largest weekly percentage decline since March 26, off 2.1%. It was a bruising week for stock s, generally, even if equities enjoyed a solid rally to end the five-day trading period that had been marked by unease about inflation in the middle of the week. The Dow Jones Industrial Average , S&amp;P 500  and the technology-laden Nasdaq Composite Index  all logged their steepest weekly losses since Feb. 26 and the Nasdaq also booked its lengthiest weekly losing streak, four straight, since Aug. 23, 2019.</p><p>Kramer said \"bitcoin is melting,\" and added that it is possible that the asset may have further room to fall.</p><p>A few technical analysts see bitcoin potentially hitting $42,000. Katie Stockton, market technician and founder of Fairlead Strategies, said that support sits around that area for the coin, which touched a weekend nadir of just above $43,800.</p><p>So what does that all mean for stocks? It's hard to say.</p><p>Futures for the Dow , S&amp;P 500 index  and the Nasdaq-100  were all trading modestly lower Sunday night.</p><p>Some analysts see stocks headed higher to end 2021, bitcoin moves notwithstanding.</p><p>Tom Lee, founder of Fundstrat Global Advisors, is forecasting the S&amp;P 500 to rise another 7% to 8% from current levels and he is maintaining his target for the broad-market benchmark at 4,400.</p><p>Lee said that markets attempt to \"crash\" last week failed, and he saw parallels between last year's slump and this current period, which he blamed, at least partly, on readjustments tied to taxes, the deadlines for which were extended to May 17.</p><p>\"In other words, the market could not muster enough panic to push further downside,\" wrote Lee.</p><p>\"Instead, we saw a strong rally in the second half of the week. We believe this rally will carry over into this week. In fact, we think that stocks are still on track to make new highs before June 30th,\" he forecast.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","UPRO":"三倍做多标普500ETF",".SPX":"S&P 500 Index","OEX":"标普100","SPXU":"三倍做空标普500ETF","SDS":"两倍做空标普500ETF","OEF":"标普100指数ETF-iShares","SSO":"两倍做多标普500ETF","SH":"标普500反向ETF","IVV":"标普500指数ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2136980120","content_text":"What does a weekend meltdown in bitcoin prices portend for U.S. stocks?Bitcoin  is supposed to be an asset that isn't highly correlated with equity markets, or any other traditional asset for that matter, but some analysts have pointed out that the cryptocurrency has traded in closer step with parts of the market amid the recent turbulence in equities as investors attempt to assess the most effective strategies for playing an economy recovering from the worst pandemic in more than a century.In a blog post on Sunday,  Mott Capital's Michael Kramer said that bitcoin's recent breakdown could signal that risk appetite on Wall Street is in transition -- presumably in a bearish direction.\"Bitcoin is telling us the risk sentiment of the market overall is shifting, and we care about bitcoin because we care about risk sentiment,\" Kramer wrote.Bitcoin prices are down 28% from a peak at $64,829.14 in mid-April, and Sunday's trade was choppy for the world's most prominent crypto after a tweet from digital-asset bull and Tesla Inc. $(TSLA)$ CEO Elon Musk was interpreted as a threat to unload the $1.5 billion investment in bitcoin .Kramer made the case that the bullish sentiment that has been a recent feature of markets -- even amid last week's bout of volatility -- could be downshifting, and that one aspect of the market that may be moving the most closely in line with bitcoin prices is small-capitalization stocks, like those in the Russell 2000 index .The Russell 2000 closed Friday notching its largest weekly percentage decline since March 26, off 2.1%. It was a bruising week for stock s, generally, even if equities enjoyed a solid rally to end the five-day trading period that had been marked by unease about inflation in the middle of the week. The Dow Jones Industrial Average , S&P 500  and the technology-laden Nasdaq Composite Index  all logged their steepest weekly losses since Feb. 26 and the Nasdaq also booked its lengthiest weekly losing streak, four straight, since Aug. 23, 2019.Kramer said \"bitcoin is melting,\" and added that it is possible that the asset may have further room to fall.A few technical analysts see bitcoin potentially hitting $42,000. Katie Stockton, market technician and founder of Fairlead Strategies, said that support sits around that area for the coin, which touched a weekend nadir of just above $43,800.So what does that all mean for stocks? It's hard to say.Futures for the Dow , S&P 500 index  and the Nasdaq-100  were all trading modestly lower Sunday night.Some analysts see stocks headed higher to end 2021, bitcoin moves notwithstanding.Tom Lee, founder of Fundstrat Global Advisors, is forecasting the S&P 500 to rise another 7% to 8% from current levels and he is maintaining his target for the broad-market benchmark at 4,400.Lee said that markets attempt to \"crash\" last week failed, and he saw parallels between last year's slump and this current period, which he blamed, at least partly, on readjustments tied to taxes, the deadlines for which were extended to May 17.\"In other words, the market could not muster enough panic to push further downside,\" wrote Lee.\"Instead, we saw a strong rally in the second half of the week. We believe this rally will carry over into this week. In fact, we think that stocks are still on track to make new highs before June 30th,\" he forecast.","news_type":1},"isVote":1,"tweetType":1,"viewCount":265,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":199718103,"gmtCreate":1620733797102,"gmtModify":1634196759927,"author":{"id":"3575355151250207","authorId":"3575355151250207","name":"Murano","avatar":"https://static.tigerbbs.com/9bc5191a2d85b818277eaa73ce411079","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575355151250207","authorIdStr":"3575355151250207"},"themes":[],"htmlText":"Not time to load yet&nbsp;","listText":"Not time to load yet&nbsp;","text":"Not time to load yet","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/199718103","repostId":"1127282510","repostType":4,"repost":{"id":"1127282510","kind":"news","pubTimestamp":1620733191,"share":"https://www.laohu8.com/m/news/1127282510?lang=&edition=full","pubTime":"2021-05-11 19:39","market":"us","language":"en","title":"Tesla Shares Plunge Over 7% After Company Reportedly Halts Plans To Expand In China","url":"https://stock-news.laohu8.com/highlight/detail?id=1127282510","media":"zerohedge","summary":"It's amazing how natural market forces can take a hold of companies when market makers aren't consta","content":"<p>It's amazing how natural market forces can take a hold of companies when market makers aren't constantly scrambling to hedge against massive purchases of deep out of the money call options.</p><p>On that note, Tesla shares are getting pasted to the tune of another 6% on Tuesday in the pre-market session, following through on yesterday's nearly 5% plunge and helping drag down S&amp;P futures 0.7% heading into the cash open. Nasdaq futures are down 1.3% at the same time, setting up what could be an ugly follow through for the likes of Tesla uber-bull Cathie Wood's ARK Innovation ETF heading into mid-week.</p><p><img src=\"https://static.tigerbbs.com/56ef35274e8219eefa39cbc406e38bf8\" tg-width=\"1280\" tg-height=\"732\" referrerpolicy=\"no-referrer\"></p><p>The plunge in shares is being attributed to the overall slump in tech stocks, but also on a Bloomberg report that Tesla had halted its plans to buy new land in Shanghai&nbsp;<i>and</i>that sales in China have fallen.</p><p>The company reportedly halted plans to buy land to expand its manufacturing facility and turn it into a worldwide export hub due to \"trade tensions\" between the U.S. and China. The company currently uses its China facility to export to Europe, \"Tesla now intends to limit the proportion of China output,\"Reuters reported.</p><p>But we can't help but notice: there have been \"trade tensions\" between the U.S. and China throughout the last few years anyway. Could it be that halting the expansion of the facility was a result of growing tensions between China and&nbsp;<i>Tesla,</i>and not China and the U.S.?</p><p>Recall, just days ago,we highlightedyet another deadly crash involving a Tesla - this one in China. And the country's state-run Global Times was quick to shame the automaker as a result. It&nbsp;published a horrifying image of a Tesla vehicle rear-ending a truck in Shaoguan, South China's Guangdong Province on Friday, \"killing the electric car's driver on the spot.\"</p><p>Tesla's image is deteriorating in China as state media continue to publicize braking failures. The risk here is Musk's Chinese fairy tale could eventually come to an end. In late April, we noted that Chinese state media&nbsp;suggested that the automaker's sales could be \"doomed.\"</p><p>Regardless, as&nbsp;his stock was plunging due to this growing tension with China, it was clear that Elon Musk was focusing on all the right things. He took to Twitter on Tuesday morning and asked whether or not Tesla should accept Dogecoin:</p><p><img src=\"https://static.tigerbbs.com/41b9cac07e15da2b88b8afba233789e9\" tg-width=\"515\" tg-height=\"560\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/9b4976d0596be5a38b141a119614e5c8\" tg-width=\"786\" tg-height=\"494\"><img src=\"https://static.tigerbbs.com/2f74fad1e75e8c88d323e105a094be76\" tg-width=\"310\" tg-height=\"244\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Shares Plunge Over 7% After Company Reportedly Halts Plans To Expand In China</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Shares Plunge Over 7% After Company Reportedly Halts Plans To Expand In China\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-11 19:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/tesla-shares-plunge-after-company-reportedly-halts-plans-expand-shanghai-gigafactory?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It's amazing how natural market forces can take a hold of companies when market makers aren't constantly scrambling to hedge against massive purchases of deep out of the money call options.On that ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/tesla-shares-plunge-after-company-reportedly-halts-plans-expand-shanghai-gigafactory?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.zerohedge.com/markets/tesla-shares-plunge-after-company-reportedly-halts-plans-expand-shanghai-gigafactory?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127282510","content_text":"It's amazing how natural market forces can take a hold of companies when market makers aren't constantly scrambling to hedge against massive purchases of deep out of the money call options.On that note, Tesla shares are getting pasted to the tune of another 6% on Tuesday in the pre-market session, following through on yesterday's nearly 5% plunge and helping drag down S&P futures 0.7% heading into the cash open. Nasdaq futures are down 1.3% at the same time, setting up what could be an ugly follow through for the likes of Tesla uber-bull Cathie Wood's ARK Innovation ETF heading into mid-week.The plunge in shares is being attributed to the overall slump in tech stocks, but also on a Bloomberg report that Tesla had halted its plans to buy new land in Shanghai andthat sales in China have fallen.The company reportedly halted plans to buy land to expand its manufacturing facility and turn it into a worldwide export hub due to \"trade tensions\" between the U.S. and China. The company currently uses its China facility to export to Europe, \"Tesla now intends to limit the proportion of China output,\"Reuters reported.But we can't help but notice: there have been \"trade tensions\" between the U.S. and China throughout the last few years anyway. Could it be that halting the expansion of the facility was a result of growing tensions between China and Tesla,and not China and the U.S.?Recall, just days ago,we highlightedyet another deadly crash involving a Tesla - this one in China. And the country's state-run Global Times was quick to shame the automaker as a result. It published a horrifying image of a Tesla vehicle rear-ending a truck in Shaoguan, South China's Guangdong Province on Friday, \"killing the electric car's driver on the spot.\"Tesla's image is deteriorating in China as state media continue to publicize braking failures. The risk here is Musk's Chinese fairy tale could eventually come to an end. In late April, we noted that Chinese state media suggested that the automaker's sales could be \"doomed.\"Regardless, as his stock was plunging due to this growing tension with China, it was clear that Elon Musk was focusing on all the right things. He took to Twitter on Tuesday morning and asked whether or not Tesla should accept Dogecoin:","news_type":1},"isVote":1,"tweetType":1,"viewCount":308,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":861151449,"gmtCreate":1632473779481,"gmtModify":1632720482122,"author":{"id":"3575355151250207","authorId":"3575355151250207","name":"Murano","avatar":"https://static.tigerbbs.com/9bc5191a2d85b818277eaa73ce411079","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575355151250207","idStr":"3575355151250207"},"themes":[],"htmlText":"Banks do not like it. So they will persuade governemnt to control it. You see China and Korea, what they are doing","listText":"Banks do not like it. So they will persuade governemnt to control it. You see China and Korea, what they are doing","text":"Banks do not like it. So they will persuade governemnt to control it. You see China and Korea, what they are doing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/861151449","repostId":"1199759162","repostType":4,"repost":{"id":"1199759162","kind":"news","pubTimestamp":1632454663,"share":"https://www.laohu8.com/m/news/1199759162?lang=&edition=full","pubTime":"2021-09-24 11:37","market":"us","language":"en","title":"If Bitcoin Really Is Digital Gold, Then $500,000 Is the Next Stop","url":"https://stock-news.laohu8.com/highlight/detail?id=1199759162","media":"investorplace","summary":"Everyone loves to throw out long-term price targets on Bitcoin.\nARK Invest fund manager Cathie Wood ","content":"<p>Everyone loves to throw out long-term price targets on&nbsp;<b><u>Bitcoin</u></b>.</p>\n<p>ARK Invest fund manager&nbsp;<b>Cathie Wood</b>&nbsp;last week reiterated her firm’s call for Bitcoin to trend toward $500,000 per coin over the next several years.&nbsp;<b>Tyler Winklevoss</b>&nbsp;of Facebook fame and big crypto enthusiast has also pounded on the table about a $500,000 long-term price target for Bitcoin.</p>\n<p>Meanwhile, the relatively conservative analyst team over at&nbsp;<b>JPMorgan</b>&nbsp;has set a theoretical long-term price target for BTC of $130,000. A leaked&nbsp;<b>Citibank</b>&nbsp;report shows that the analysts over there think that the price could climb toward $300,000. Billionaire&nbsp;<b>Tim Draper</b>&nbsp;has gone on record multiple times saying Bitcoin prices will eclipse $250,000 by the end of 2022.</p>\n<p>And, in the most bullish call of them all,&nbsp;<b>Anthony Pompliano</b>– co-founder and partner at Morgan Creek Digital Assets – has said Bitcoin prices could soar to $1 million per token in the long run.</p>\n<p>Big numbers. Yes. But can Bitcoin really soar toward $200,000? $300,000? Even $500,000 or higher in the long run?</p>\n<p>Our short answer:<b><i>Yes.</i></b></p>\n<p>And the reasoning is pretty simple. Bitcoin is the digital version of gold. The gold market is an $11 trillion market. If Bitcoin gets that big, you’re talking an $11 trillion market on 21 million tokens, which implies a price per token of about $500,000.</p>\n<p>That’s the back-of-the-envelope reasoning and math behind the $500,000 price target.</p>\n<p>Of course, that model rests on some major assumptions. One, Bitcoin is the digital version of gold, and two, the Bitcoin market will be as big as the gold market.</p>\n<p><u>We think both are fair assumptions</u>.</p>\n<p>The modern value of gold derives from&nbsp;<b><i>scarcity</i></b>. Sure, maybe once upon a time, gold was used to barter for goods or used to make swords and shields. Not too long ago, it was used in some semiconductor chips.</p>\n<p>But those days are gone. Today, gold is used for nothing. Its value is in the fact that it has finite supply and, therefore, is a good store of value.</p>\n<p>The same is true for Bitcoin. In fact, it’s even more true for Bitcoin. There are, by definition, only 21 million Bitcoins in the world. There will never be more than that. Meanwhile, in the gold market, more gold mining efforts can always be put online to increase supply as demand increases.</p>\n<p>In other words, Bitcoin has more scarcity than gold and, therefore, isn’t just the digital version of gold – it is a digital and superior version of gold.</p>\n<p>Meanwhile, Bitcoin is&nbsp;<b><i>digital</i></b>, while gold is&nbsp;<b><i>physical</i></b>, and the whole world is pivoting toward digitization these days. Media is digital. Shopping is digital. Entertainment is digital. Communications are digital. Work is digital. Health is digital. Everything is digital.</p>\n<p>In that world, money will inevitably become digital, too. Indeed, that’s already happening. Venmo. Cash App. PayPal. SoFi. All of these digital money apps are soaring in usage right now, while the volume of cash transactions is plummeting.</p>\n<p>Therefore, Bitcoin is gold made for the modern world. You can’t send gold through a social media platform, or a streaming service, or use it buy a good online.&nbsp;<b>But you can use Bitcoin for that.</b></p>\n<p>To that extent, it’s easy to see why folks will ditch their physical store of value (gold) for a digital store of value (Bitcoin) – and why the Bitcoin market will become as big as (if not bigger than) the gold market.</p>\n<p>All in all, we think the fundamental reasoning underlying the Bitcoin market supports that Bitcoin prices will trend towards $500,000 in the long run.</p>\n<p>How long will it take to get there? No one really knows. Our best guess is about 10 years – and if so, you’re talking about an asset that will increase 10X in value in 10 years.</p>\n<p><u>That’s an</u>&nbsp;<u><b><i>amazing</i></b></u>&nbsp;<u>return</u>.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>If Bitcoin Really Is Digital Gold, Then $500,000 Is the Next Stop</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIf Bitcoin Really Is Digital Gold, Then $500,000 Is the Next Stop\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-24 11:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/hypergrowthinvesting/2021/09/if-bitcoin-really-is-digital-gold-then-500000-is-the-next-stop/><strong>investorplace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Everyone loves to throw out long-term price targets on Bitcoin.\nARK Invest fund manager Cathie Wood last week reiterated her firm’s call for Bitcoin to trend toward $500,000 per coin over the next ...</p>\n\n<a href=\"https://investorplace.com/hypergrowthinvesting/2021/09/if-bitcoin-really-is-digital-gold-then-500000-is-the-next-stop/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://investorplace.com/hypergrowthinvesting/2021/09/if-bitcoin-really-is-digital-gold-then-500000-is-the-next-stop/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199759162","content_text":"Everyone loves to throw out long-term price targets on Bitcoin.\nARK Invest fund manager Cathie Wood last week reiterated her firm’s call for Bitcoin to trend toward $500,000 per coin over the next several years. Tyler Winklevoss of Facebook fame and big crypto enthusiast has also pounded on the table about a $500,000 long-term price target for Bitcoin.\nMeanwhile, the relatively conservative analyst team over at JPMorgan has set a theoretical long-term price target for BTC of $130,000. A leaked Citibank report shows that the analysts over there think that the price could climb toward $300,000. Billionaire Tim Draper has gone on record multiple times saying Bitcoin prices will eclipse $250,000 by the end of 2022.\nAnd, in the most bullish call of them all, Anthony Pompliano– co-founder and partner at Morgan Creek Digital Assets – has said Bitcoin prices could soar to $1 million per token in the long run.\nBig numbers. Yes. But can Bitcoin really soar toward $200,000? $300,000? Even $500,000 or higher in the long run?\nOur short answer:Yes.\nAnd the reasoning is pretty simple. Bitcoin is the digital version of gold. The gold market is an $11 trillion market. If Bitcoin gets that big, you’re talking an $11 trillion market on 21 million tokens, which implies a price per token of about $500,000.\nThat’s the back-of-the-envelope reasoning and math behind the $500,000 price target.\nOf course, that model rests on some major assumptions. One, Bitcoin is the digital version of gold, and two, the Bitcoin market will be as big as the gold market.\nWe think both are fair assumptions.\nThe modern value of gold derives from scarcity. Sure, maybe once upon a time, gold was used to barter for goods or used to make swords and shields. Not too long ago, it was used in some semiconductor chips.\nBut those days are gone. Today, gold is used for nothing. Its value is in the fact that it has finite supply and, therefore, is a good store of value.\nThe same is true for Bitcoin. In fact, it’s even more true for Bitcoin. There are, by definition, only 21 million Bitcoins in the world. There will never be more than that. Meanwhile, in the gold market, more gold mining efforts can always be put online to increase supply as demand increases.\nIn other words, Bitcoin has more scarcity than gold and, therefore, isn’t just the digital version of gold – it is a digital and superior version of gold.\nMeanwhile, Bitcoin is digital, while gold is physical, and the whole world is pivoting toward digitization these days. Media is digital. Shopping is digital. Entertainment is digital. Communications are digital. Work is digital. Health is digital. Everything is digital.\nIn that world, money will inevitably become digital, too. Indeed, that’s already happening. Venmo. Cash App. PayPal. SoFi. All of these digital money apps are soaring in usage right now, while the volume of cash transactions is plummeting.\nTherefore, Bitcoin is gold made for the modern world. You can’t send gold through a social media platform, or a streaming service, or use it buy a good online. But you can use Bitcoin for that.\nTo that extent, it’s easy to see why folks will ditch their physical store of value (gold) for a digital store of value (Bitcoin) – and why the Bitcoin market will become as big as (if not bigger than) the gold market.\nAll in all, we think the fundamental reasoning underlying the Bitcoin market supports that Bitcoin prices will trend towards $500,000 in the long run.\nHow long will it take to get there? No one really knows. Our best guess is about 10 years – and if so, you’re talking about an asset that will increase 10X in value in 10 years.\nThat’s an amazing return.","news_type":1},"isVote":1,"tweetType":1,"viewCount":404,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":197192396,"gmtCreate":1621432490015,"gmtModify":1634189203527,"author":{"id":"3575355151250207","authorId":"3575355151250207","name":"Murano","avatar":"https://static.tigerbbs.com/9bc5191a2d85b818277eaa73ce411079","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575355151250207","idStr":"3575355151250207"},"themes":[],"htmlText":"May drop below 20K in the next few days","listText":"May drop below 20K in the next few days","text":"May drop below 20K in the next few days","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/197192396","repostId":"1123947989","repostType":4,"repost":{"id":"1123947989","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1621431112,"share":"https://www.laohu8.com/m/news/1123947989?lang=&edition=full","pubTime":"2021-05-19 21:31","market":"us","language":"en","title":"Dow drops 350 points, Nasdaq falls 1.7% as tech sell-off intensifies amid bitcoin’s slide","url":"https://stock-news.laohu8.com/highlight/detail?id=1123947989","media":"Tiger Newspress","summary":"U.S. stocks fell sharply on Wednesday as selling returned to the tech sector amid a plunge in crypto","content":"<p>U.S. stocks fell sharply on Wednesday as selling returned to the tech sector amid a plunge in cryptocurrencies.</p><p>The Dow Jones Industrial Average fell 351 points, while the S&amp;P 500 dropped 1.3%. The tech-heavy Nasdaq Composite slid 1.7% as Microsoft, Facebook, Alphabet and Apple all slid more than 1%</p><p><img src=\"https://static.tigerbbs.com/8278b9b021515b090ee2f54b00eb6633\" tg-width=\"1051\" tg-height=\"438\" referrerpolicy=\"no-referrer\"></p><p>Sentiment in the tech sector was dented by a drop in cryptocurrencies including bitcoin. The world's largest digital token&nbsp;fell below $40,000&nbsp;for the first time in 14 weeks and last traded around $36,060 apiece. At one point, the price was down 20% in the last 24 hours and it has fallen more than 30% in one week, according to Coinbase. On Tuesday, China warned financial institutions not to conduct crypto-related business, possibly sparking the sell-off.</p><p>Tesla, a big holder of bitcoin, declined 4%. Microstrategy, another company which bought a large amount of bitcoin for its corporate treasury, tanked by 5%. Coinbase, the newly public crypto exchange, fell 3%.</p><p>Growth stocks have come under pressure lately with the Nasdaq Composite falling nearly 5% in May as fears of inflation intensified. A sustained pickup in price pressures could unravel the Federal Reserve's accommodative policies, which could hurt technology companies that have relied for years on easy borrowing costs for superior growth.</p><p>Cathie Wood's flagship fund Ark Innovation ETF (ARKK) dropped more than 4%, bringing its 2021 losses to more than 15%.</p><p>The Fed publishes the minutes from its April meeting later Wednesday afternoon, which could add to angst about inflation. The Fed kept its easy policies that meeting, but acknowledged that inflation could rise in coming months. The central bank maintains that these price pressures will be transitory.</p><p>\"The major question for markets right now is whether the Fed is right and this increase in inflation is just temporary, because if inflation is not temporary, it could unleash a very painful period for virtually all investors,\" Tom Essaye, founder of Sevens Report, said in a note.</p><p>Helping the sentiment a bit on Wednesday was better-than-expected results from Target. Shares of the major retailer popped by 3.8% after it&nbsp;said sales surged 23% last quarter.</p><p>Major stock indexes are coming off back-to-back losses weighed by weakness in the technology sector. Soft housing data on Tuesday partly triggered the broad selling in the previous session.</p><p>“Late-day weakness in this sector is becoming commonplace adding to fears it could be headed for a longer and more pronounced period of consolidation than expected,” Jim Paulsen, chief investment strategist at the Leuthold Group, told CNBC.</p><p>“Investors will be scrutinizing the release of the latest Fed minutes for any subtle hints as to when some tapering actions may be forthcoming,” added Paulsen.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dow drops 350 points, Nasdaq falls 1.7% as tech sell-off intensifies amid bitcoin’s slide</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDow drops 350 points, Nasdaq falls 1.7% as tech sell-off intensifies amid bitcoin’s slide\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-19 21:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>U.S. stocks fell sharply on Wednesday as selling returned to the tech sector amid a plunge in cryptocurrencies.</p><p>The Dow Jones Industrial Average fell 351 points, while the S&amp;P 500 dropped 1.3%. The tech-heavy Nasdaq Composite slid 1.7% as Microsoft, Facebook, Alphabet and Apple all slid more than 1%</p><p><img src=\"https://static.tigerbbs.com/8278b9b021515b090ee2f54b00eb6633\" tg-width=\"1051\" tg-height=\"438\" referrerpolicy=\"no-referrer\"></p><p>Sentiment in the tech sector was dented by a drop in cryptocurrencies including bitcoin. The world's largest digital token&nbsp;fell below $40,000&nbsp;for the first time in 14 weeks and last traded around $36,060 apiece. At one point, the price was down 20% in the last 24 hours and it has fallen more than 30% in one week, according to Coinbase. On Tuesday, China warned financial institutions not to conduct crypto-related business, possibly sparking the sell-off.</p><p>Tesla, a big holder of bitcoin, declined 4%. Microstrategy, another company which bought a large amount of bitcoin for its corporate treasury, tanked by 5%. Coinbase, the newly public crypto exchange, fell 3%.</p><p>Growth stocks have come under pressure lately with the Nasdaq Composite falling nearly 5% in May as fears of inflation intensified. A sustained pickup in price pressures could unravel the Federal Reserve's accommodative policies, which could hurt technology companies that have relied for years on easy borrowing costs for superior growth.</p><p>Cathie Wood's flagship fund Ark Innovation ETF (ARKK) dropped more than 4%, bringing its 2021 losses to more than 15%.</p><p>The Fed publishes the minutes from its April meeting later Wednesday afternoon, which could add to angst about inflation. The Fed kept its easy policies that meeting, but acknowledged that inflation could rise in coming months. The central bank maintains that these price pressures will be transitory.</p><p>\"The major question for markets right now is whether the Fed is right and this increase in inflation is just temporary, because if inflation is not temporary, it could unleash a very painful period for virtually all investors,\" Tom Essaye, founder of Sevens Report, said in a note.</p><p>Helping the sentiment a bit on Wednesday was better-than-expected results from Target. Shares of the major retailer popped by 3.8% after it&nbsp;said sales surged 23% last quarter.</p><p>Major stock indexes are coming off back-to-back losses weighed by weakness in the technology sector. Soft housing data on Tuesday partly triggered the broad selling in the previous session.</p><p>“Late-day weakness in this sector is becoming commonplace adding to fears it could be headed for a longer and more pronounced period of consolidation than expected,” Jim Paulsen, chief investment strategist at the Leuthold Group, told CNBC.</p><p>“Investors will be scrutinizing the release of the latest Fed minutes for any subtle hints as to when some tapering actions may be forthcoming,” added Paulsen.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","MSFT":"微软","TSLA":"特斯拉",".SPX":"S&P 500 Index","AAPL":"苹果",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123947989","content_text":"U.S. stocks fell sharply on Wednesday as selling returned to the tech sector amid a plunge in cryptocurrencies.The Dow Jones Industrial Average fell 351 points, while the S&P 500 dropped 1.3%. The tech-heavy Nasdaq Composite slid 1.7% as Microsoft, Facebook, Alphabet and Apple all slid more than 1%Sentiment in the tech sector was dented by a drop in cryptocurrencies including bitcoin. The world's largest digital token fell below $40,000 for the first time in 14 weeks and last traded around $36,060 apiece. At one point, the price was down 20% in the last 24 hours and it has fallen more than 30% in one week, according to Coinbase. On Tuesday, China warned financial institutions not to conduct crypto-related business, possibly sparking the sell-off.Tesla, a big holder of bitcoin, declined 4%. Microstrategy, another company which bought a large amount of bitcoin for its corporate treasury, tanked by 5%. Coinbase, the newly public crypto exchange, fell 3%.Growth stocks have come under pressure lately with the Nasdaq Composite falling nearly 5% in May as fears of inflation intensified. A sustained pickup in price pressures could unravel the Federal Reserve's accommodative policies, which could hurt technology companies that have relied for years on easy borrowing costs for superior growth.Cathie Wood's flagship fund Ark Innovation ETF (ARKK) dropped more than 4%, bringing its 2021 losses to more than 15%.The Fed publishes the minutes from its April meeting later Wednesday afternoon, which could add to angst about inflation. The Fed kept its easy policies that meeting, but acknowledged that inflation could rise in coming months. The central bank maintains that these price pressures will be transitory.\"The major question for markets right now is whether the Fed is right and this increase in inflation is just temporary, because if inflation is not temporary, it could unleash a very painful period for virtually all investors,\" Tom Essaye, founder of Sevens Report, said in a note.Helping the sentiment a bit on Wednesday was better-than-expected results from Target. Shares of the major retailer popped by 3.8% after it said sales surged 23% last quarter.Major stock indexes are coming off back-to-back losses weighed by weakness in the technology sector. Soft housing data on Tuesday partly triggered the broad selling in the previous session.“Late-day weakness in this sector is becoming commonplace adding to fears it could be headed for a longer and more pronounced period of consolidation than expected,” Jim Paulsen, chief investment strategist at the Leuthold Group, told CNBC.“Investors will be scrutinizing the release of the latest Fed minutes for any subtle hints as to when some tapering actions may be forthcoming,” added Paulsen.","news_type":1},"isVote":1,"tweetType":1,"viewCount":274,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":195952809,"gmtCreate":1621252431001,"gmtModify":1634193042486,"author":{"id":"3575355151250207","authorId":"3575355151250207","name":"Murano","avatar":"https://static.tigerbbs.com/9bc5191a2d85b818277eaa73ce411079","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575355151250207","idStr":"3575355151250207"},"themes":[],"htmlText":"This is a game, casino maybe","listText":"This is a game, casino maybe","text":"This is a game, casino maybe","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/195952809","repostId":"2136980120","repostType":4,"repost":{"id":"2136980120","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1621218420,"share":"https://www.laohu8.com/m/news/2136980120?lang=&edition=full","pubTime":"2021-05-17 10:27","market":"us","language":"en","title":"'Bitcoin is melting.' Here's what a 30% drop from highs in the crypto may say about stock-market risk sentiment","url":"https://stock-news.laohu8.com/highlight/detail?id=2136980120","media":"Dow Jones","summary":"What does a weekend meltdown in bitcoin prices portend for U.S. stocks?Bitcoin  is supposed to be an asset that isn't highly correlated with equity markets, or any other traditional asset for that matter, but some analysts have pointed out that the cryptocurrency has traded in closer step with parts of the market amid the recent turbulence in equities as investors attempt to assess the most effective strategies for playing an economy recovering from the worst pandemic in more than a century.In a","content":"<p>What does a weekend meltdown in bitcoin prices portend for U.S. stocks?</p><p>Bitcoin  is supposed to be an asset that isn't highly correlated with equity markets, or any other traditional asset for that matter, but some analysts have pointed out that the cryptocurrency has traded in closer step with parts of the market amid the recent turbulence in equities as investors attempt to assess the most effective strategies for playing an economy recovering from the worst pandemic in more than a century.</p><p>In a blog post on Sunday,  Mott Capital's Michael Kramer said that bitcoin's recent breakdown could signal that risk appetite on Wall Street is in transition -- presumably in a bearish direction.</p><p>\"Bitcoin is telling us the risk sentiment of the market overall is shifting, and we care about bitcoin because we care about risk sentiment,\" Kramer wrote.</p><p>Bitcoin prices are down 28% from a peak at $64,829.14 in mid-April, and Sunday's trade was choppy for the world's most prominent crypto after a tweet from digital-asset bull and Tesla Inc. <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> CEO Elon Musk was interpreted as a threat to unload the $1.5 billion investment in bitcoin .</p><p>Kramer made the case that the bullish sentiment that has been a recent feature of markets -- even amid last week's bout of volatility -- could be downshifting, and that <a href=\"https://laohu8.com/S/AONE\">one</a> aspect of the market that may be moving the most closely in line with bitcoin prices is small-capitalization stocks, like those in the Russell 2000 index .</p><p>The Russell 2000 closed Friday notching its largest weekly percentage decline since March 26, off 2.1%. It was a bruising week for stock s, generally, even if equities enjoyed a solid rally to end the five-day trading period that had been marked by unease about inflation in the middle of the week. The Dow Jones Industrial Average , S&amp;P 500  and the technology-laden Nasdaq Composite Index  all logged their steepest weekly losses since Feb. 26 and the Nasdaq also booked its lengthiest weekly losing streak, four straight, since Aug. 23, 2019.</p><p>Kramer said \"bitcoin is melting,\" and added that it is possible that the asset may have further room to fall.</p><p>A few technical analysts see bitcoin potentially hitting $42,000. Katie Stockton, market technician and founder of Fairlead Strategies, said that support sits around that area for the coin, which touched a weekend nadir of just above $43,800.</p><p>So what does that all mean for stocks? It's hard to say.</p><p>Futures for the Dow , S&amp;P 500 index  and the Nasdaq-100  were all trading modestly lower Sunday night.</p><p>Some analysts see stocks headed higher to end 2021, bitcoin moves notwithstanding.</p><p>Tom Lee, founder of Fundstrat Global Advisors, is forecasting the S&amp;P 500 to rise another 7% to 8% from current levels and he is maintaining his target for the broad-market benchmark at 4,400.</p><p>Lee said that markets attempt to \"crash\" last week failed, and he saw parallels between last year's slump and this current period, which he blamed, at least partly, on readjustments tied to taxes, the deadlines for which were extended to May 17.</p><p>\"In other words, the market could not muster enough panic to push further downside,\" wrote Lee.</p><p>\"Instead, we saw a strong rally in the second half of the week. We believe this rally will carry over into this week. In fact, we think that stocks are still on track to make new highs before June 30th,\" he forecast.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>'Bitcoin is melting.' Here's what a 30% drop from highs in the crypto may say about stock-market risk sentiment</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n'Bitcoin is melting.' Here's what a 30% drop from highs in the crypto may say about stock-market risk sentiment\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-05-17 10:27</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>What does a weekend meltdown in bitcoin prices portend for U.S. stocks?</p><p>Bitcoin  is supposed to be an asset that isn't highly correlated with equity markets, or any other traditional asset for that matter, but some analysts have pointed out that the cryptocurrency has traded in closer step with parts of the market amid the recent turbulence in equities as investors attempt to assess the most effective strategies for playing an economy recovering from the worst pandemic in more than a century.</p><p>In a blog post on Sunday,  Mott Capital's Michael Kramer said that bitcoin's recent breakdown could signal that risk appetite on Wall Street is in transition -- presumably in a bearish direction.</p><p>\"Bitcoin is telling us the risk sentiment of the market overall is shifting, and we care about bitcoin because we care about risk sentiment,\" Kramer wrote.</p><p>Bitcoin prices are down 28% from a peak at $64,829.14 in mid-April, and Sunday's trade was choppy for the world's most prominent crypto after a tweet from digital-asset bull and Tesla Inc. <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> CEO Elon Musk was interpreted as a threat to unload the $1.5 billion investment in bitcoin .</p><p>Kramer made the case that the bullish sentiment that has been a recent feature of markets -- even amid last week's bout of volatility -- could be downshifting, and that <a href=\"https://laohu8.com/S/AONE\">one</a> aspect of the market that may be moving the most closely in line with bitcoin prices is small-capitalization stocks, like those in the Russell 2000 index .</p><p>The Russell 2000 closed Friday notching its largest weekly percentage decline since March 26, off 2.1%. It was a bruising week for stock s, generally, even if equities enjoyed a solid rally to end the five-day trading period that had been marked by unease about inflation in the middle of the week. The Dow Jones Industrial Average , S&amp;P 500  and the technology-laden Nasdaq Composite Index  all logged their steepest weekly losses since Feb. 26 and the Nasdaq also booked its lengthiest weekly losing streak, four straight, since Aug. 23, 2019.</p><p>Kramer said \"bitcoin is melting,\" and added that it is possible that the asset may have further room to fall.</p><p>A few technical analysts see bitcoin potentially hitting $42,000. Katie Stockton, market technician and founder of Fairlead Strategies, said that support sits around that area for the coin, which touched a weekend nadir of just above $43,800.</p><p>So what does that all mean for stocks? It's hard to say.</p><p>Futures for the Dow , S&amp;P 500 index  and the Nasdaq-100  were all trading modestly lower Sunday night.</p><p>Some analysts see stocks headed higher to end 2021, bitcoin moves notwithstanding.</p><p>Tom Lee, founder of Fundstrat Global Advisors, is forecasting the S&amp;P 500 to rise another 7% to 8% from current levels and he is maintaining his target for the broad-market benchmark at 4,400.</p><p>Lee said that markets attempt to \"crash\" last week failed, and he saw parallels between last year's slump and this current period, which he blamed, at least partly, on readjustments tied to taxes, the deadlines for which were extended to May 17.</p><p>\"In other words, the market could not muster enough panic to push further downside,\" wrote Lee.</p><p>\"Instead, we saw a strong rally in the second half of the week. We believe this rally will carry over into this week. In fact, we think that stocks are still on track to make new highs before June 30th,\" he forecast.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","UPRO":"三倍做多标普500ETF",".SPX":"S&P 500 Index","OEX":"标普100","SPXU":"三倍做空标普500ETF","SDS":"两倍做空标普500ETF","OEF":"标普100指数ETF-iShares","SSO":"两倍做多标普500ETF","SH":"标普500反向ETF","IVV":"标普500指数ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2136980120","content_text":"What does a weekend meltdown in bitcoin prices portend for U.S. stocks?Bitcoin  is supposed to be an asset that isn't highly correlated with equity markets, or any other traditional asset for that matter, but some analysts have pointed out that the cryptocurrency has traded in closer step with parts of the market amid the recent turbulence in equities as investors attempt to assess the most effective strategies for playing an economy recovering from the worst pandemic in more than a century.In a blog post on Sunday,  Mott Capital's Michael Kramer said that bitcoin's recent breakdown could signal that risk appetite on Wall Street is in transition -- presumably in a bearish direction.\"Bitcoin is telling us the risk sentiment of the market overall is shifting, and we care about bitcoin because we care about risk sentiment,\" Kramer wrote.Bitcoin prices are down 28% from a peak at $64,829.14 in mid-April, and Sunday's trade was choppy for the world's most prominent crypto after a tweet from digital-asset bull and Tesla Inc. $(TSLA)$ CEO Elon Musk was interpreted as a threat to unload the $1.5 billion investment in bitcoin .Kramer made the case that the bullish sentiment that has been a recent feature of markets -- even amid last week's bout of volatility -- could be downshifting, and that one aspect of the market that may be moving the most closely in line with bitcoin prices is small-capitalization stocks, like those in the Russell 2000 index .The Russell 2000 closed Friday notching its largest weekly percentage decline since March 26, off 2.1%. It was a bruising week for stock s, generally, even if equities enjoyed a solid rally to end the five-day trading period that had been marked by unease about inflation in the middle of the week. The Dow Jones Industrial Average , S&P 500  and the technology-laden Nasdaq Composite Index  all logged their steepest weekly losses since Feb. 26 and the Nasdaq also booked its lengthiest weekly losing streak, four straight, since Aug. 23, 2019.Kramer said \"bitcoin is melting,\" and added that it is possible that the asset may have further room to fall.A few technical analysts see bitcoin potentially hitting $42,000. Katie Stockton, market technician and founder of Fairlead Strategies, said that support sits around that area for the coin, which touched a weekend nadir of just above $43,800.So what does that all mean for stocks? It's hard to say.Futures for the Dow , S&P 500 index  and the Nasdaq-100  were all trading modestly lower Sunday night.Some analysts see stocks headed higher to end 2021, bitcoin moves notwithstanding.Tom Lee, founder of Fundstrat Global Advisors, is forecasting the S&P 500 to rise another 7% to 8% from current levels and he is maintaining his target for the broad-market benchmark at 4,400.Lee said that markets attempt to \"crash\" last week failed, and he saw parallels between last year's slump and this current period, which he blamed, at least partly, on readjustments tied to taxes, the deadlines for which were extended to May 17.\"In other words, the market could not muster enough panic to push further downside,\" wrote Lee.\"Instead, we saw a strong rally in the second half of the week. We believe this rally will carry over into this week. In fact, we think that stocks are still on track to make new highs before June 30th,\" he forecast.","news_type":1},"isVote":1,"tweetType":1,"viewCount":265,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":197197140,"gmtCreate":1621432618080,"gmtModify":1634189201632,"author":{"id":"3575355151250207","authorId":"3575355151250207","name":"Murano","avatar":"https://static.tigerbbs.com/9bc5191a2d85b818277eaa73ce411079","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575355151250207","idStr":"3575355151250207"},"themes":[],"htmlText":"Below 20k soon, hope not","listText":"Below 20k soon, hope not","text":"Below 20k soon, hope not","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/197197140","repostId":"1108295275","repostType":4,"repost":{"id":"1108295275","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1621430580,"share":"https://www.laohu8.com/m/news/1108295275?lang=&edition=full","pubTime":"2021-05-19 21:23","market":"fut","language":"en","title":"Coinbase said it was investigating platform downtime","url":"https://stock-news.laohu8.com/highlight/detail?id=1108295275","media":"Tiger Newspress","summary":"Coinbase said it was investigating platform downtime.Bitcoin tumbled 27% in the day, breaking the $3","content":"<p>Coinbase said it was investigating platform downtime.Bitcoin tumbled 27% in the day, breaking the $31000 mark;Coinbase plunged nearly 10% in premarket trading.</p><p>In addition,Binance, the trading platform, said it would suspend withdrawals from Ethereum and erc20.</p><p><img src=\"https://static.tigerbbs.com/90eac40f11bbb8e212cf9e2083c4788a\" tg-width=\"1302\" tg-height=\"663\" referrerpolicy=\"no-referrer\"></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Coinbase said it was investigating platform downtime</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCoinbase said it was investigating platform downtime\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-19 21:23</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Coinbase said it was investigating platform downtime.Bitcoin tumbled 27% in the day, breaking the $31000 mark;Coinbase plunged nearly 10% in premarket trading.</p><p>In addition,Binance, the trading platform, said it would suspend withdrawals from Ethereum and erc20.</p><p><img src=\"https://static.tigerbbs.com/90eac40f11bbb8e212cf9e2083c4788a\" tg-width=\"1302\" tg-height=\"663\" referrerpolicy=\"no-referrer\"></p><p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108295275","content_text":"Coinbase said it was investigating platform downtime.Bitcoin tumbled 27% in the day, breaking the $31000 mark;Coinbase plunged nearly 10% in premarket trading.In addition,Binance, the trading platform, said it would suspend withdrawals from Ethereum and erc20.","news_type":1},"isVote":1,"tweetType":1,"viewCount":355,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":199718103,"gmtCreate":1620733797102,"gmtModify":1634196759927,"author":{"id":"3575355151250207","authorId":"3575355151250207","name":"Murano","avatar":"https://static.tigerbbs.com/9bc5191a2d85b818277eaa73ce411079","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575355151250207","idStr":"3575355151250207"},"themes":[],"htmlText":"Not time to load yet&nbsp;","listText":"Not time to load yet&nbsp;","text":"Not time to load yet","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/199718103","repostId":"1127282510","repostType":4,"repost":{"id":"1127282510","kind":"news","pubTimestamp":1620733191,"share":"https://www.laohu8.com/m/news/1127282510?lang=&edition=full","pubTime":"2021-05-11 19:39","market":"us","language":"en","title":"Tesla Shares Plunge Over 7% After Company Reportedly Halts Plans To Expand In China","url":"https://stock-news.laohu8.com/highlight/detail?id=1127282510","media":"zerohedge","summary":"It's amazing how natural market forces can take a hold of companies when market makers aren't consta","content":"<p>It's amazing how natural market forces can take a hold of companies when market makers aren't constantly scrambling to hedge against massive purchases of deep out of the money call options.</p><p>On that note, Tesla shares are getting pasted to the tune of another 6% on Tuesday in the pre-market session, following through on yesterday's nearly 5% plunge and helping drag down S&amp;P futures 0.7% heading into the cash open. Nasdaq futures are down 1.3% at the same time, setting up what could be an ugly follow through for the likes of Tesla uber-bull Cathie Wood's ARK Innovation ETF heading into mid-week.</p><p><img src=\"https://static.tigerbbs.com/56ef35274e8219eefa39cbc406e38bf8\" tg-width=\"1280\" tg-height=\"732\" referrerpolicy=\"no-referrer\"></p><p>The plunge in shares is being attributed to the overall slump in tech stocks, but also on a Bloomberg report that Tesla had halted its plans to buy new land in Shanghai&nbsp;<i>and</i>that sales in China have fallen.</p><p>The company reportedly halted plans to buy land to expand its manufacturing facility and turn it into a worldwide export hub due to \"trade tensions\" between the U.S. and China. The company currently uses its China facility to export to Europe, \"Tesla now intends to limit the proportion of China output,\"Reuters reported.</p><p>But we can't help but notice: there have been \"trade tensions\" between the U.S. and China throughout the last few years anyway. Could it be that halting the expansion of the facility was a result of growing tensions between China and&nbsp;<i>Tesla,</i>and not China and the U.S.?</p><p>Recall, just days ago,we highlightedyet another deadly crash involving a Tesla - this one in China. And the country's state-run Global Times was quick to shame the automaker as a result. It&nbsp;published a horrifying image of a Tesla vehicle rear-ending a truck in Shaoguan, South China's Guangdong Province on Friday, \"killing the electric car's driver on the spot.\"</p><p>Tesla's image is deteriorating in China as state media continue to publicize braking failures. The risk here is Musk's Chinese fairy tale could eventually come to an end. In late April, we noted that Chinese state media&nbsp;suggested that the automaker's sales could be \"doomed.\"</p><p>Regardless, as&nbsp;his stock was plunging due to this growing tension with China, it was clear that Elon Musk was focusing on all the right things. He took to Twitter on Tuesday morning and asked whether or not Tesla should accept Dogecoin:</p><p><img src=\"https://static.tigerbbs.com/41b9cac07e15da2b88b8afba233789e9\" tg-width=\"515\" tg-height=\"560\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/9b4976d0596be5a38b141a119614e5c8\" tg-width=\"786\" tg-height=\"494\"><img src=\"https://static.tigerbbs.com/2f74fad1e75e8c88d323e105a094be76\" tg-width=\"310\" tg-height=\"244\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Shares Plunge Over 7% After Company Reportedly Halts Plans To Expand In China</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Shares Plunge Over 7% After Company Reportedly Halts Plans To Expand In China\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-11 19:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/tesla-shares-plunge-after-company-reportedly-halts-plans-expand-shanghai-gigafactory?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It's amazing how natural market forces can take a hold of companies when market makers aren't constantly scrambling to hedge against massive purchases of deep out of the money call options.On that ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/tesla-shares-plunge-after-company-reportedly-halts-plans-expand-shanghai-gigafactory?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.zerohedge.com/markets/tesla-shares-plunge-after-company-reportedly-halts-plans-expand-shanghai-gigafactory?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127282510","content_text":"It's amazing how natural market forces can take a hold of companies when market makers aren't constantly scrambling to hedge against massive purchases of deep out of the money call options.On that note, Tesla shares are getting pasted to the tune of another 6% on Tuesday in the pre-market session, following through on yesterday's nearly 5% plunge and helping drag down S&P futures 0.7% heading into the cash open. Nasdaq futures are down 1.3% at the same time, setting up what could be an ugly follow through for the likes of Tesla uber-bull Cathie Wood's ARK Innovation ETF heading into mid-week.The plunge in shares is being attributed to the overall slump in tech stocks, but also on a Bloomberg report that Tesla had halted its plans to buy new land in Shanghai andthat sales in China have fallen.The company reportedly halted plans to buy land to expand its manufacturing facility and turn it into a worldwide export hub due to \"trade tensions\" between the U.S. and China. The company currently uses its China facility to export to Europe, \"Tesla now intends to limit the proportion of China output,\"Reuters reported.But we can't help but notice: there have been \"trade tensions\" between the U.S. and China throughout the last few years anyway. Could it be that halting the expansion of the facility was a result of growing tensions between China and Tesla,and not China and the U.S.?Recall, just days ago,we highlightedyet another deadly crash involving a Tesla - this one in China. And the country's state-run Global Times was quick to shame the automaker as a result. It published a horrifying image of a Tesla vehicle rear-ending a truck in Shaoguan, South China's Guangdong Province on Friday, \"killing the electric car's driver on the spot.\"Tesla's image is deteriorating in China as state media continue to publicize braking failures. The risk here is Musk's Chinese fairy tale could eventually come to an end. In late April, we noted that Chinese state media suggested that the automaker's sales could be \"doomed.\"Regardless, as his stock was plunging due to this growing tension with China, it was clear that Elon Musk was focusing on all the right things. He took to Twitter on Tuesday morning and asked whether or not Tesla should accept Dogecoin:","news_type":1},"isVote":1,"tweetType":1,"viewCount":308,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}