Binance, the world’s biggest crypto platform, is keen not to let Coinbase, Kraken or eToro steal the limelight in 2021. As so many of the US platforms are readying for IPOs, Binance CEO Changpeng Zhao seems determined to continuously innovate within his own space. Last week, when Elon Musk changed his Twitter bio in support […]
Dogecoin, the Shiba Inu-themed digital coin which initially started as a meme, has become the latest obsession for retail traders with too much time on their hands. In the past seven days, the coin has managed to grow by several hundreds of percentages, get mentioned by Elon Musk during his 2-hour Clubhouse interview and has […]
Two weeks ago, we already mentioned that (formerly notorious) DeFi coin Sushi seemed to be making a comeback and had been steadily climbing up the charts again. By now, the coin keeps setting new record all time highs and is getting raving reviews for it’s performance both in staking and for gaining market share on […]
By now, you can only claim to have lived on Mars if you never heard of WallStreetBets, GameStop or the short squeezing of hedge funds. The group of millions of autistic Redditors who banded together to try and take down several Wall Street billionaires both with a view of making money and out of spite […]
Crazy times on both stock markets and crypto markets at the moment with WallStreetBets, SatoshiStreetBets, Elon coming out as a Bitcoin fan and the silver market getting short squeezed (more on that tomorrow). Meanwhile XRP and Dogecoin are battling it out as to who takes the grand prize in the most percentage profits today, and […]
There were so many great stories to note and write last week that we of course couldn’t do them all. One of the more notable happenings which may be overlooked as trivial but certainly isn’t, is the fact that Tesla and SpaceX CEO, and also the current richest man of the world, Elon Musk changed […]
WallStreetBets, the mass social media group on Reddit that made hedge funds lose as astonishing $90 billion dollars in the month of January alone, might be looking for new targets now that February is upon is, typically a bad month for stocks. They could be interested to know that hedge funds have taken short positions […]
The year both ended and started badly for XRP, the popular cryptocoin of Ripple Labs. CEO Brad Garlinghouse was sued by the SEC and with incoming treasury secretary Janet Yellen squarely on the side of classic finance and against crypto, things were not looking up. XRP fell from a value of around $0,60 to $0,25 […]
CNBC, CNN, the New York Times and even the Washington Post are all finally learning Chanspeak (for the lolz) after WallStreetBets took over mass media this week with the GameStop debacle. In fact, the article that the New York Times published about WallStreetBets member Roaring Kitty was in that respect a must read. The Chans and Redditors have even managed to […]
It takes 20 years to build up a reputation, and about 5 minutes to destroy it. The wise words once spoken by Omaha Oracle and legendary Warren Buffett were true for the case of the (before) incredibly popular trading app Robinhood. The technological marvel that promised to deliver trading to the masses saw an outflow […]
