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Loopup

  • Loopup: Stock price crashes after cancelling listing to benefit from private markets boom

    AIM listing

    Loopup estimated that it needs to raise around £9m, to pay off its £6m in debts and to continue growing its cloud telephony business.

    The past two weeks of US Bitcoin spot ETF inflows were less than disappointing. The bullish camp suspected that after the halving, the ETFs would see a surge of inflows. The bears believed it would be a sell the news event, with the halving’s bullish effects already exaggeratedly priced. So far, it seems the bears have been correct, but with the latest ETF inflows, could the correction be complete and the market sentiment shifting?

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