Category: Gamestop

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Goldman and Interactive Brokers Execs Claim Wallstreetbets Trend Could ‘Take Down the System’

The heavy hitters in traditional finance have been concerned about the recent stock market action fueled by Redditors and a colossal number of retail investors. This week a Goldman Sachs executive warned that if these short squeezes continue it could “snowball through the market.” Moreover, Interactive Brokers founder Thomas Peterffy made similar comments this week […]

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Massive Gamestop Short Squeeze Highlights the Fragility of Today’s Financial System

Massive Gamestop Short Squeeze Highlights the Fragility of Today's Financial SystemThe bigwigs trading stocks on Wall Street have been upset this week as billion-dollar hedge funds have been crippled by Redditors and memes. Not too long ago, the firm Gamestop’s shares were plummeting, and Wall Street veterans lined up a mountain of short bets against the company’s stock. However, members of the Reddit forum called […]

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Whole Foods and Major Retailers Now Accept Cryptocurrency via the Spedn App

Whole Foods and Major Retailers Accept a Variety of Cryptos Through the 'Spedn' AppOn May 13, cryptocurrency enthusiasts were pleased to hear that major retailers including Whole Foods, Lowes, Petco, Regal Cinemas, and Gamestop will accept payments in crypto. The payments will be processed by Flexa using its custodial wallet called ‘Spedn’ which gives people the ability to spend with bitcoin core, ethereum, bitcoin cash, and GUSD. Also […]

The post Whole Foods and Major Retailers Now Accept Cryptocurrency via the Spedn App appeared first on Bitcoin News.

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