Coinbase To Suspend Trading in XRP
Cryptocurrency exchange Coinbase said on Monday it would suspend trading in cryptocurrency XRP after U.S. regulators last week charged associated blockchain firm Ripple with conducting a $1.3 billion unregistered securities offering. From a report: T.....»»
Elon Musk Grills Robinhood CEO Over GameStop Trading Freeze: "The People Demand Answers"
Elon Musk had just wrapped up a wide-ranging 90-minute interview on the audio chat app Clubhouse early on Monday, when he threw the hosts a curveball. "Do you want to hear the real story from Vlad [from] Robinhood about what happened on the Street wi.....»»
China launches carbon emissions trading scheme
China launched a carbon trading system Monday designed to drive down emissions, as the world's biggest polluter takes steps towards decarbonising its economy by 2060......»»
Reddit co-founder on GameStop: ‘The collective public cannot unsee this’
When Robinhood, a startup that promises to make finance accessible for all, temporarily limited trading on GameStop, AMC, and other memestocks, many retail investors were pissed that the fintech darling suddenly didn’t live up to its name. The spec.....»»
This Week in Apps: GameStop madness hits trading apps, Apple privacy changes, Clubhouse becomes a unicorn
Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record 218 billion downloads and $143 billion in.....»»
How Reddit"s Co-Founder, Jim Cramer, and Wall Street Reacted to GameStop"s Surge
Friday afternoon CNBC reported that "heightened speculative trading by retail investors" (later referred to as "GameStop mania") had "continued to unnerve the market." The Dow Jones Industrial average lost 620.74 points, or 2%, to 29,982.62, the firs.....»»
Robinhood Is Still Severely Limiting Trading, Customers Can Only Buy One Share of GameStop
Restrictions on Robinhood traders got tighter throughout the day on Friday, only allowing clients to buy a single share of GameStop. CNBC reports: The stock trading app also expanded its list of restricted stocks from 13 earlier in the day to 50. The.....»»
Daily Crunch: Robinhood raises $1B
Robinhood caps a wild week for new funding, Coinbase is going public and Johnson & Johnson reveals new vaccine trial data. This is your Daily Crunch for January 29, 2021. The big story: Robinhood raises $1B I know the newsletter has been dominated by.....»»
SEC To Review Brokers" Restrictions on GameStop, AMC Trading
Securities regulators said Friday they plan to closely review the actions of some brokerage firms [Editor's note: the link may be paywalled; alternative source] that restricted investors' ability to trade volatile stocks such as GameStop this week. F.....»»
You can now give Facebook’s Oversight Board feedback on the decision to suspend Trump
Facebook’s “Supreme Court” is now accepting comments on one of its earliest and likely most consequential cases. The Facebook Oversight Board announced Friday that it would begin accepting public feedback on Facebook’s suspens.....»»
Robinhood Is Said To Draw On Bank Credit Lines Amid Tumult
An anonymous reader quotes a report from Bloomberg: Robinhood, the trading app that's popular with investors behind this month's wildest stock swings, has drawn down some of its credit lines with banks, according to people with knowledge of the matte.....»»
Robinhood Restricts Crypto Trading "Due To Extraordinary Market Conditions"
Robinhood restricted trading in cryptocurrencies on Friday, as the price of bitcoin and a meme-inspired token rose sharply. From a report: Users began reporting that the trading app had halted instant deposits for crypto purchases earlier in the day,.....»»
Robinhood raises $1B after trading halts to keep its platform running
After a turbulent week for the stock market and halts to the trading of certain speculative securities including GameStop (GME) and AMC, consumer investing app Robinhood has raised new capital. The new funds total more than $1 billion, with the compa.....»»
GameStop: Confused investors inundate Robin Hood society
Thousands mistake the group for a US trading platform that curbed the buying of shares in GameStop......»»
Stock trading app Trade Republic expands to France
German startup Trade Republic is rolling out its app and service in France this week. This is a significant expansion move as Trade Republic has only been available in Germany and Austria so far. Trade Republic lets you buy and sell shares or exchang.....»»
AOC, Ted Cruz Slam Robinhood for Freezing Some Trades Amid GameStop Volatility
With Reddit's interest in sending some stocks soaring showing no sign of slowing down, the trading app Robinhood started restricting some transactions Thursday morning. Reddit wasn't happy -- and neither are some lawmakers. From a report:The incident.....»»
Robinhood Will Allow "Limited Buys" of Stocks Like GameStop, Starting Friday
After removing GameStop, AMC, BlackBerry, and Nokia from its platform, getting slapped with a class-action lawsuit, and flooded with 1-star reviews on the Google Play Store, Robinhood is starting to have a change of heart. The trading platform announ.....»»
Coinbase Settles On Direct Listing To Go Public
In a blog post today, Coinbase announced that its public debut will be a direct listing instead of a traditional IPO. From the announcement: Coinbase Global, Inc. today announced its intent to become a publicly-traded company pursuant to a proposed d.....»»
The real shock of the GameStop mania was that it didn"t happen sooner
This week, the investing world looked on with a mix of admiration and horror as members of a Reddit forum devoted to stock trading collectively sent shares of a seemingly moribund company through the roof......»»
Daily Crunch: Robinhood restricts GameStop trading
The GameStop stock saga continues, Apple releases more details about its privacy changes and Qualtrics goes public. This is your Daily Crunch for January 28, 2021. The big story: Robinhood restricts GameStop trading Robinhood has responded to an upsu.....»»
Lawmakers announce hearings on GameStop and online trading platforms
Lawmakers announce hearings on GameStop and online trading platforms.....»»