How many gallons of jet fuel does it take to send GameStop, Bitcoin and Dogecoin to the moon? Depending on where you stand on the GameStop saga, which saw organized retail traders extract $6 billion from Wall Street overnight, you may think someone should either take the matches away from Elon Musk, or give him…
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Reddit group r/wallstreetbets will allow a limited amount of crypto discussion, as it seeks to accommodate members in the community without detracting from its stock market focus. The moderators of subreddit r/wallstreetbets have announced they will allow crypto discussion in the subreddit from today. The retail trading group, famous for pumping traditional stocks such as…
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It may sound shocking today, but in 2010 software developer Gavin Andresen was on a mission to give away free BTC in an effort to boost adoption. Reddit’s r/Cryptocurrency community revived an interesting piece of Bitcoin (BTC) history on Sunday, with a new thread reminiscing about the time that American software developer Gavin Andresen gave…
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Brian Armstrong compares Coinbase to Amazon in the early days in terms of innovations that will benefit customers. The CEO of U.S. crypto exchange Coinbase Brian Armstrong has apologized for poor customer support and revealed the company could integrate with DeFi protocols in a comprehensive Ask Me Anything session on Reddit. The Reddit AMA (Ask…
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“I let the pizza guy choose between $5 in fiat or BTC. Needless to say, he chose wisely,” said the Redditor. A driver who held $5 in Bitcoin (BTC) as a tip for his pizza delivery services has reportedly resurfaced after seven years. According to a post from Redditor btcbible, the Bitcoiner ordered a pizza…
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The GameStop pump may lead a number of amateur investors to finally learn about DeFi and the advantages it puts forth. What happened to GameStop’s stock at the end of January will be remembered by investors for years to come, as it was probably the first time in the history of the “free market” that…
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Was stock trading app Robinhood the villain in the GameStop saga? “In a decentralized trading market, no one would have that power.” Was last week’s Reddit versus Wall Street stand-off really the “beginning of the end for centralized finance,” as Gemini founder Tyler Winklevoss described it? Or was it just a one-time instance of individuals…
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“Stocks will be on the blockchain in the future,” predicted the billionaire. Jumping on the r/Wallstreetbets subreddit for an Ask Me Anything session recently, Dallas Mavericks owner Mark Cuban shared his thoughts on GameStop shorts, general investing, and various crypto-related topics. The billionaire said “the game is changing” when it comes to stocks, but encouraged…
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An IPO is reportedly off the cards for now as Robinhood continues to deal with the fallout from the GameStop saga, and the resultant plunge in public confidence. Trading app Robinhood may have put its plans for an initial public offering on hold after public opinion turned against the company in the wake of its…
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A major Hollywood studio has won the rights to turn the r/Wallstreetbets saga into a movie — less than a week after the GameStop short squeeze. The r/Wallstreetbets saga which saw a group of Redditors join forces to extract billions from Wall Street hedge funds is set to be turned into a movie. As reported…
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