Bitcoin has undergone a strong surge over the past few months, moving beyond $50,000. The digital asset’s rally has largely been driven by a growth in the reputation of BTC…
Continue ReadingThree trends 1. Crypto infrastructure is being laid down across the banking, tech and financial sectors. BNY Mellon, the world’s biggest custodian bank, will allow customers to custody crypto by…
Continue ReadingWhat 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…
Continue ReadingBillionaire and crypto-asset supporter, Mark Cuban has identified bitcoin hodlers’ endurance as a model that stock investors can follow. According to the billionaire, after acquiring the asset at high prices…
Continue ReadingEarlier this week, Elon Musk made history when he placed his full support behind Bitcoin (BTC) during a Clubhouse stream. When discussing Bitcoin and the GameStop debacle with Robinhood CEO…
Continue ReadingFollowing the Wallstreetbets saga last week, a great number of the popular shares being fueled by social media have started to tank in value. Gamestop shares dropped over 60% on…
Continue ReadingTrading 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 response to the…
Continue ReadingMark Cuban, the billionaire owner of the National Basketball Association’s Dallas Mavericks, informed old-school investors that Reddit WallStreetBets (WSB) traders, in his mind “the store of value generation,” are “kicking…
Continue ReadingEntrepreneur and Dallas Mavericks owner Mark Cuban has weighed in on the recent clash between Wall Street and the r/Wallstreetbets Reddit community. In a Jan. 31 blog post, Cuban suggested…
Continue ReadingThe 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 by…
Continue ReadingHundreds of thousands tuned in to a Twitch stream today as U.S. congresswoman Alexandra Ocasio-Cortez discussed Robinhood’s controversial decision to suspend trading in GameStop after the short squeeze engineered by…
Continue ReadingBitcoin (BTC) price appears to have flipped the $32,000 level back to support as the wider cryptocurrency market saw renewed optimism on Jan. 28. Data from Cointelegraph Markets and TradingView…
Continue ReadingLegislators are responding fast to the madness surrounding Gamestop and AMC shares and the hedge funds selling them short. On Jan. 28, Chairwoman of the House Financial Services Committee Maxine…
Continue ReadingEver since the Federal Reserve was created in 1913, the game has been rigged against the average person. For years, Wall Street has been manipulating the market to keep ordinary…
Continue ReadingBitcoin’s (BTC) price has recovered from Wednesday’s losses since the U.S. markets opened Thursday morning. However, traders and analysts are not sure whether the rebound is sustainable, with some telling…
Continue ReadingReports are coming in this morning that trading app Robinhood has suspended buying for GameStop stock and others after GME’s price surged in a Bitcoin-like parabolic rally. Unless you’ve been…
Continue ReadingA decentralized Reddit forum called WallStreetBets is causing chaos on Wall Street. The group “r/Wallstreetbets” (aka WSB) is a longstanding subreddit channel where over 3.5 million Reddit users discuss highly…
Continue ReadingThe success of the GameStop short squeeze in pumping the price above $370— and the reaction from centralized authorities and markets to it — has highlighted the need for decentralized…
Continue ReadingLong term Wall Street bear and bitcoin holder, David Tice predicts that the stock market will crash fall by 30% in a retreat that will persist for two years. Although…
Continue ReadingSince Jan. 22 GameStop has been attracting a lot of attention from the mainstream news as the stock (GME) for the popular video game retailer rallied 860% from $17.40 on…
Continue ReadingBitcoin has “a lot of similarities” with gold, and consumer fears of the cryptocurrency being stolen are fading, according to a new report from a unit of the bond-rating and…
Continue ReadingMutual fund titan Bill Miller is talking bitcoin again. “One of the things that’s interesting about bitcoin is that it gets less risky the higher it goes,” Miller told CNBC…
Continue ReadingCentral banks across the world have been increasing stimulus and letting inflation run high in order to combat the disastrous economic effects of the coronavirus outbreak response. The Bank of…
Continue ReadingS&P Dow Jones Indices (S&P DJI), a joint venture between S&P Global, the CME Group and News Corp, will debut cryptocurrency indexes in 2021, it has confirmed. In a press…
Continue ReadingCentre Consortium, the company behind USD Coin (USDC), has hired former State Street and JPMorgan Chase executive David Puth as its new CEO. Centre made the announcement early Tuesday in…
Continue ReadingAn SEC filing on Friday indicates that the next Wall Street institution to take a public position in Bitcoin may also be among the largest yet: the $275 billion financial…
Continue ReadingWhile American citizens wait for bureaucrats to pass a new coronavirus relief package, the Federal Reserve has continued to serve corporate interests and the banking cartel. Behind the curtains from…
Continue ReadingFamed Wall Street investor and billionaire Paul Tudor Jones said that he likes Bitcoin “even more than I did then,” referring to his initial investment announced in May 2020. Jones…
Continue ReadingAs the global economy shudders from the disastrous effects of central planning, the International Monetary Fund (IMF) managing director in Washington, DC, Kristalina Georgieva is calling for a “new Bretton…
Continue ReadingProgrammers have found a way to replace the core service offerings of Wall Street and an army of corporate lawyers with 800 lines of smart contract code. The “De” in…
Continue ReadingAccording to the Federal Reserve Chairman, Jerome Powell, the road to economic recovery is far from over and the Covid-19 pandemic has fueled the tragedy. During his speech at the…
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