Crypto News: Bitcoin, Other Cryptocurrencies Suffer Another

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When he said that crypto payments would no longer be accepted, it crashed. (His ability to impact the trajectory of dogecoin is much more profound, though this is nearly all positive.)Brand-new analysis from belief tracking firm Awario has revealed that the ratio of positive-to-negative tweets about Musk moved substantially towards the unfavorable in Might, corresponding with the dropping rate of bitcoin.
(Twitter)It once again demonstrates the growing influence Musk has in the space, in addition to how dissentious his existence within it is. Anthony Cuthbertson3 June 2021 15:15.
Welcome to Looking for Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stick out. Have a look at Saturday morning's regular Stocks to View article for a complete list of events prepared for the week or the Looking for Alpha earnings calendar for business due to report. Virgin Galactic (NYSE:SPCE) could launch its rocket-powered test flight of Area, Ship, Two Unity if the weather condition works together and technical checks go smoothly.

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The test flight follows the conclusion of a maintenance evaluation of VMS Eve that cleared the Spaceflight System for the objective. Shares of Virgin Galactic are up practically 30% over the last couple of trading sessions. Stocks with a raised level of short interest heading into next week include (NASDAQ:PRTS) and The Geo Group (NYSE:GEO).
Both stocks have seen huge responses on revenues release dates in the past. Major conference during the week include the JPMorgan 49th Yearly Global Innovation Media and Communications Conference, the UBS Global Healthcare Conference, the Wolfe Research Study 14th Annual International Transportation & Industrials Conference, the UBS Global Energy Conference and the Jefferies Renewable Resource Top.
The MSCI modifications are tipped to be a little tailwind for Uber (NYSE:UBER) with its weight increasing. The three largest additions to the MSCI World Index by complete company market capitalization will be Zoom Video (NASDAQ:ZM), Keurig Dr Pepper (NASDAQ:KDP) and Liberty Broadband (NASDAQ:LBRDA). Financiers often bid up stocks ahead of MSCI rebalancings.

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Speakers like the Fed's Lael Brainard, ARK Invest's Cathie Wood, Micro, Strategy's (NASDAQ:MSTR) Michael Saylor and Bridgewater's Ray Dalio will have fractures at talking up or talking down Bitcoin (BTC-USD), Ethereum (ETH-USD) and other cryptos. Brainard will speak at 8:00 a. m. and Dalio is on deck at 8:30 a.