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Bank of Russia Seeks to Allow Stock Exchanges to Trade Digital Assets
28.4.2022
The Central Bank of Russia has recently proposed authorizing traditional stock exchanges to operate in the digital assets market. Industry watchers say the regulator aims to provide investors with an option to trade cryptocurrencies in a controlled environment. Russian Stock Exchanges to List...
Robinhood axes almost 1 in 10 staff members as stock hits all-time low
27.4.2022
“We determined that making these reductions to Robinhood’s staff is the right decision to improve efficiency,” noted Robinhood CEO and co-founder Vlad Tenev
While Global Markets Get Spooked by Covid and a Hawkish Fed, Stocks and Crypto Rebound After Musk Buys Twitter
25.4.2022
Wall Street suffered Monday morning as the major U.S. stock indexes dropped further, building on losses gathered last week. Reports indicate that investors are concerned about the upcoming Federal Reserve rate hikes and China’s recent Covid-19 outbreak. As equities floundered on Monday,...
Report: Netflix Doubles Down On Games As Stock Plummets
22.4.2022
Netflix built its foundation on streamlined DVD rentals and, eventually, on tepid “prestige” TV series that people talk about for a week before forgetting they ever existed in the first place. Now, amid a rare financial stagnation, Netflix plans to commit hard to games, per a new report in...
Interest in Real Estate Investments in Spain Grew 400%, With Some Using Crypto and Stocks as Payment Method
19.4.2022
Real estate investments are booming in Spain and Europe, as investors are exiting riskier investment avenues in favor of safer options. According to sources from the real estate world, the interest in these instruments has grown 400% since November, with people purchasing homes without even having...
Stock & Crypto Traders Are Changing - It’s Time to Empower Them
14.4.2022
Joe Jowett is the CEO of StrikeX, a blockchain technology company._____
2021 was the year of the retail trader. From high-flying meme stocks and cryptocurrencies to well-performing tech stocks, millions of new traders showed their power in a market revolutionized by online trading. ...
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PolySign to Buy Digital Asset Fund Administrator MG Stover for Cash and Stock
13.4.2022
MG Stover administers over $40 billion in digital assets for institutional clients such as hedge funds, private equity and venture capital funds
Metaverse Firm Infinite Reality to Buy Esports Company ReKT for $470M in Stock
12.4.2022
ReKT is known for its ownership of the successful esports teams Team Rogue and the London Royal Ravens
Bitmex Co-Founder Arthur Hayes Says Bitcoin Could Drop to $30K Amid a Stock Market Rout
11.4.2022
The co-founder and former CEO of Bitmex, Arthur Hayes, has published a new blog post concerning the current state of cryptocurrency markets. Hayes says currently there’s an inability to recognize the cyclical nature of markets and the “inconvenient truth” that is crypto is...
Musk on Crypto Twitter’s ‘Most Annoying Problem,’ Bored Ape NFTs, Mt Gox Bitcoins, and More — Bitcoin.com News Week in Review
10.4.2022
Another week has passed in the action-packed world of crypto, so it’s time to kick back, take stock of the situation, and enjoy this week’s bite-sized digest of the hottest crypto news from the past seven days. On the menu this go-round is Tesla CEO Elon Musk talking about...
GameStop Fans Dissect Chairman's Poop Tweet For Meme Stock Clues
6.4.2022
GameStop’s most enthusiastic investors don’t believe in the dying retailer. They believe in Ryan Cohen, its tech-savvy chairman and potential savior. If you want proof of the billionaire backer’s cult of personality, look no further than his post yesterday about poop.Read more
XRP Army Drives Bumper Sales in Ripple Stock Despite SEC Probe
6.4.2022
Since launching two years ago, tech equity platform Linqto has sold some $50 million in private shares of Ripple Labs
FTX Takes Stake in Stock Exchange IEX to Strengthen Crypto Markets
5.4.2022
The size of FTX’s investment was not revealed, but an FTX spokesperson said it will become a “significant” shareholder in IEX
FTX US to invest in IEX stock exchange to launch digital securities
5.4.2022
FTX US expects to finalize investment in the Investors Exchange in May 2022, subject to customary closing conditions and regulatory approval
Bitcoin Mining Startup Primeblock to Go Public via SPAC Merger as SEC Targets SPAC Deals
5.4.2022
The bitcoin mining startup Primeblock has announced plans to go public via a special purpose acquisition company (SPAC) deal. Primeblock will merge with a blank-check firm 10X Capital Venture Acquisition Corp. II, and the company’s shares will be listed on Nasdaq. Primeblock Reveals SPAC...
Players Stock Up On PS Now Subs To Save Big On New PS Plus
4.4.2022
When Sony’s revamped version of PS Plus launches in June, its priciest tier will cost twice as much as what you’re currently paying. But there’s a way to slash that in half: If you can secure a year of PS Now now, you’ll be able to temporarily lock in the new service at a lower price point....
Weekend Crypto Trading Offers Clues to Stock Investors as Tesla Faces Shanghai Lockdown
4.4.2022
The predictive power of tokenized stocks that are traded 24/7 is finally receiving the attention of Wall Street and the financial media, after Tesla’s stock tokens signalled bullishness among traders despite a difficult weekend for the electric car maker....
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Study: 10% Growth in Crypto Market Cap Reduces Value of African Firms by 0.76%
2.4.2022
A study undertaken by two assistant professors at American University in Cairo (AUC) has suggested that an increase of 10% in the crypto market cap causes the market value of “African micro-entities” to drop by 0.76%. Crypto Market Growth Hurts Less Competitive Sectors According...
Riot Blockchain Files to Sell Up to $500M of Stock
1.4.2022
Proceeds would be used for “general corporate purposes,” which may include investments in existing and future projects
Bitcoin mining company PrimeBlock to go public via $1.25B SPAC merger
1.4.2022
The company forecasts it will generate up to $98 million in annual revenue