JPMorgan report endorses 1% allocation to Bitcoin as a hedge
Bitcoin would serve as a hedge against fluctuations in traditional assets. Go to Source Powered by WPeMatico
Robinhood
Auto Added by WPeMatico
6M noobs have bought coins on Robinhood Crypto already in 2021
Retail users have flocked to cryptocurrencies in 2021, with Robinhood reporting an increase in new monthly crypto traders of 15 times last year’s average. Go to Source Powered by WPeMatico
Ravencoin (RVN) gains 865% as interest in tokenized securities grows
The recent controversy over traditional brokerages restricting stock purchases cast a positive light on tokenized securities and boosted interest in projects like Ravencoin. Go to Source Powered by WPeMatico
Law Decoded: Bringing blockchain into securities markets, Feb. 12–19
But security tokens are not ready to take over the world quite yet. Go to Source Powered by WPeMatico
Congress is blaming Robinhood, not Reddit
We didn’t learn much new in today’s hearing, but the spotlight was definitely on the gamified trading app, rather than the traders on r/WallStreetBets. Go to Source Powered by WPeMatico
Robinhood CEO calls on SEC to revise ‘outdated’ trading rules
Robinhood CEO Vlad Tenev denied that the platform was helping hedge funds, calling on the SEC to get rid of a two-day settlement rule. Go to Source Powered by WPeMatico
Robinhood announces plans to offer crypto deposits and withdrawals
Robinhood’s reputation has taken a battering lately but it hopes to regain credibility among the crypto community by introducing cryptocurrency transfers. Go to Source Powered by WPeMatico
Spike in DeFi lending pushes Compound (COMP) price to a new high at $570
New entrants to the DeFi sector and established traders looking to borrow funds have pushed the price of Compound (COMP) to a new all-time high. Go to Source Powered by WPeMatico
Federal attorneys are investigating meme-led trading in GME, AMC and silver: WSJ
The Justice Department joins CFTC and SEC probes into wild markets facilitated by Robinhood and other apps for retail traders. Go to Source Powered by WPeMatico
Robinhood, Melvin, and Citadel execs expected to testify on GameStop before Congress
The price of GME has fallen almost 90% since lawmakers first called for a hearing. Go to Source Powered by WPeMatico