Tag: reddit

Feb 15 2021

Reddit, Robinhood, Citadel CEOs to Testify at GameStop Hearing

The U.S. House Committee on Financial Services hearing will investigate issues around the recent trading surge for shares of GameStop and other companies.

Feb 09 2021

Investors Pump $250M Into Reddit Following Social Media Site’s Role in GameStop Mania

Feb 09 2021 Published at CoinDesk under tags  fundraising news reddit series e

The company plans to double its headcount to 1,400 by the end of 2021.

Feb 07 2021

Reddit Partners Ethereum Foundation Over Scaling Tech

Popular online medium site Reddit has announced a new strategic partnership with Ethereum Foundation in a bid to offer large-scale applications on Ethereum. Reddit disclosed this partnership via an official blog post, noting that the collaboration with Ethereum Foundation will provide development...

Feb 04 2021

Exclusive: WSB Founder J. Rogozinski on GME, What’s Next for WallStreetBets

Jaime Rogozinski on the global WallStreetBets movement that he may have accidentally started.

Feb 02 2021

State of Crypto: How Will the Government React to GameStop?

Also: Ripple filed its response to the SEC and a FinCEN official discusses the controversial counterparty rule in public for the first time.

Is Reddit Frenzy Over? GameStop, AMC and Silver Lose Significant Gains

Feb 02 2021 Published at Coingape under tags  $slv amc amc0326 amcbtc amcusd

The Reddit frenzy started by one particular group by the name of wallstreetbets that waged a war against Wall Street Hedge Funds seems to be dying down as most of the stocks including GameStop(GME), AMC cinemas(AMC), and Silver($SLV) lost a significant portion of their gains today. GME and AMC plunged by over 20% in the The post Is Reddit Frenzy Over? GameStop, AMC...

Feb 01 2021

Robinhood Can’t Democratize Finance Using Old Tools

Feb 01 2021 Published at CoinDesk under tags  gamestop hedge funds opinion reddit robinhood

Robinhood saw the ire of traders last week because it promised to be different. It turned out to be fancy app on top of an antiquated system.

FTX Adds Silver Stocks Amid Reddit-Led Market Surge

First GameStop, now silver: crypto's most agile exchange, FTX, has listed more stocks as a result of the Reddit-organized frenzy. FTX Responds to Silver Demand ...

Could Robinhood Shut Down? Traders & Regulators Raise Questions & Criticism

The popular commission-free brokerage has come under fire after it barred retail traders from certain actions.

WallStreetBets Goes In for the Kill: Melvin Capital Lost 53% in January

As WSB buckles down on its anti-establishmentarian stock pumps, hedge funds are quaking in their boots.

Reddit Targets XRP, Cryptocurrency Jumps 100%

XRP became the third most valuable cryptocurrency after the recent rally driven by retail traders.

Jan 29 2021

GameStop Is The Market Crying Out For Bitcoin

Jan 29 2021 Published at Bitcoin Magazine under tags  gamestop markets r reddit robinhood

“The tour we've taken through the last century proves that market irrationality of an extreme kind periodically erupts — and compellingly suggests that investors wanting to do well had better learn how to deal with the next outbreak.”Warren Buffet Irrational markets are a given these days. For retail,...

After GME, Dogecoin and Bitcoin, Chinese Traders Are Betting What Will Pump Next

Jan 29 2021 Published at CoinDesk under tags  bitcoin china dogecoin gamestop gme

For Chinese investors, including Justin Sun, FOMO has surpassed fear of losing money.

wNews: Reddit Communities and The Future of Bitcoin

This week's edition of wNews unpacks how Redditors managed to bankrupt a hedge fund and inflict serious losses to others. The mechanics of a Robinhood- fueled short squeeze has made headlines globally....

Top 5 Crypto News: 01/28

Bitcoin has surged by 10% today and is now trading at $33,889. The second- largest cryptocurrency, Ethereum, is trading at $1,345. Let’s find out some exciting crypto news for today, Reddit...

Jan 28 2021

Retail Traders Sue Robinhood Over Meme Stock Restrictions

Jan 28 2021 Published at CoinDesk under tags  markets news reddit robinhood

Robinhood faces suits in Chicago in New York just hours after it's GME buy freeze.

After GameStop Short Squeeze, r/Wallstreetbets Is Ready For Bitcoin

Ever 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 people from “making too much money” while the 1 percent swim in huge gains. They don’t want a truly free market to trade, they want it to be one-sided to benefit them. When...

Bitcoin Rebounds From Early Losses, Markets Still Distracted by GameStop

GameStop's stock drama has had a galvanizing effect on stocks, bitcoin and even dogecoin.

WallStreetBets Reddit Community Eyes Dogecoin, Robinhood Bans DOGE

The crypto market has stirred at the news that the Reddit WallStreetBets community behind the GameStop stock pump has set its sights on Dogecoin (DOGE). This morning, a moderator made it clear that the group will not be participating in "blockchain shit." Still, Dogecoin's near 100% gains since yesterday have raised hopes that...

Know a good blog/source that is not listed? Contact us or fill the form below to add one: