Hope C

Hope C is a journalist who specializes in covering news related to finance and the economy. She has a deep understanding of financial markets and the impact of economic policies on individuals and communities. Her work often highlights issues of income inequality and financial literacy, as well as the role of corporations in society. Hope has been recognized for her journalistic excellence with several awards, including the Gerald Loeb Award for Business Journalism. In addition to her reporting, she is also a frequent speaker on panels and at conferences discussing topics related to finance and economics.

79%

The Daily's Verdict

This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.

Bias

85%

Examples:

  • Following his post, GME shares rallied over 19% during Sunday night trading and closed up 21% at $28 on Monday, June 3. After-hours trading saw the stock climb another 8.5% to $30.36.
  • Gill’s June 3 Reddit post under his alias DeepFuckingValue also revealed significant gains, with a reported $33.6 million on his 5 million GME shares and $51.8 million in options.

Conflicts of Interest

90%

Examples:

  • The author states that open interest is a significant factor in determining price volatility but fails to mention other factors such as news events and regulatory changes.

Contradictions

90%

Examples:

  • Approval of Form 19b-4s is required before spot Ethereum ETFs can be implemented, but S-1 registration statements also need approval before trading can commence
  • SEC requested changes to the forms earlier in the week

Deceptions

60%

Examples:

  • The article claims that Bitcoin has reached an unprecedented $72,000 on March 11 when in fact it was only $64,895 according to CoinMarketCap.
  • The author uses sensationalist language by stating that Bitcoin has reached an unprecedented high when it was only $64,895.

Recent Articles

Morgan Stanley Discusses Potential Ban on Keith Gill's GameStop Account: Implications and Controversy

Morgan Stanley Discusses Potential Ban on Keith Gill's GameStop Account: Implications and Controversy

Broke On: Wednesday, 05 June 2024 Morgan Stanley's discussion of a potential ban on Keith Gill's account and ongoing investigations into manipulation contributed to GameStop shares declining in June 2024. Gill, a social media influencer known for promoting GameStop investments, bought significant options through E-Trade, sparking concerns and renewed SEC interest.
SEC Poised to Approve Spot Ether ETFs: Nasdaq, CBOE, and NYSE Asked to Update Applications

SEC Poised to Approve Spot Ether ETFs: Nasdaq, CBOE, and NYSE Asked to Update Applications

Broke On: Tuesday, 21 May 2024 The US Securities and Exchange Commission (SEC) is reportedly set to approve spot ether exchange-traded funds (ETFs), according to sources familiar with the process. The SEC asked Nasdaq, CBOE, and NYSE to fine-tune their applications for listing spot ether ETFs, signalling a potential green light for filings from VanEck and ARK Investments/21Shares. If approved, this would mark a major win for the cryptocurrency industry and could attract significant investment from hedge funds, wealth advisers, and retail investors.
Bitcoin Traders Eye $60,000 Price Support as Futures Gap Opens and Selling Pressure Builds

Bitcoin Traders Eye $60,000 Price Support as Futures Gap Opens and Selling Pressure Builds

Broke On: Sunday, 17 March 2024 Bitcoin traders are closely monitoring the $60,000 BTC price support as a new futures gap opens. The latest Bitcoin rally has been fueled by large dollar-cost averaging (DCA) at the lows to provide bounces for short term gains. However, selling pressure has been building since the week's all-time highs were reached and some entities are engaging in large DCA to buy low and provide bounces for short term gains. Bitcoin ETFs have also played a role in driving BTC tumbling 10%.