Financial ties between Robinhood and funds shorting GME fall under scrutiny
The trading platform’s decision to shut Redditors out from buying GameStop continues to raise eyebrows. Go to Source Powered by WPeMatico
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Rob from the poor and give to the rich? Robinhood prompts furious backlash after restricting trades
“Robinhood’s entire business model is to cater to the exact people they are now trying to f— with and scare into selling,” said Dave Portnoy. Go to Source Powered by WPeMatico
GameStop short squeeze highlights the power of decentralization
What do the traders on r/WallStreetBets have in common with cryptocurrency traders? Both are using technological breakthroughs to skirt processes inherent in traditional financial systems. Go to Source Powered by WPeMatico
Privacy-Centric Messaging App Signal Experiments With Stellar-Based Mobilecoin Project
One of the most popular privacy-centric messaging applications Signal has seen explosive growth during the last two months over things like the Whatsapp acquisition and the recent Big Tech censorship. According to a number of reports, the company has been experimenting with monetization and more recently Signal has been reportedly testing the crypto network Stellar. … Read more
As Bitcoin price sees sub-$30K, do bears control the BTC market now?
The price of Bitcoin dropped below $30,000 in a quick swoop on the third retest in two weeks of the support area. Go to Source Powered by WPeMatico
Major payments firm SIA to launch DLT-based secondary credit marketplace
Italian financial services firm SIA plans to launch an Ethereum-based platform for secondary credit trading in the second half of 2021. Go to Source Powered by WPeMatico
Social trading platform eToro ended 2020 with $600M in revenue
The exchange platform’s foray into cryptocurrency has been highly lucrative thus far. Go to Source Powered by WPeMatico
Update: “Coin Signals” trader also faces charges from the CFTC
Arrested by the FBI earlier today, the 24-year-old Spence also faces civil charges of fraud that look to bar him from future trading. Go to Source Powered by WPeMatico
Bitcoin made up 97% of total crypto inflows in 2021
Bitcoin trading volumes surged significantly this year, jumping from an average of $2 billion in 2020 to $12 billion. Go to Source Powered by WPeMatico
Diginex’s EQUOS exchange eyes liquidity boost with GSR partnership
Diginex’s CEO says the partnership promotes his vision of creating a safe, reputable and conflict-free trading environment for crypto assets. Go to Source Powered by WPeMatico