Market Wrap: Bitcoin Holds Above $30K as Sentiment Improves

Bitcoin is holding up following a strong bounce from $30,000 support.

Markets  ·  22 July 2021

Reddit Rolls With Arbitrum to Scale Its Ethereum-Based Community Points System

The large Arbitrum ecosystem was a factor in the decision as well as ease of use for developers, Reddit said.

Tech  ·  22 July 2021

Reddit’s Alexis Ohanian Leads $5.3M Round for Web 3 Startup QuickNode

The funding will be used to provide more tools for blockchain app developers and bring on new tech talent.

Business  ·  27 May 2021

Reddit Forum WallStreetBets Allows Crypto Conversation, Immediately Re-Bans It

A Bloomberg article apparently inspired the ban’s reinstatement.

News  ·  15 April 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.

Policy & regulation  ·  15 February 2021

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

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

News  ·  9 February 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.

Policy & regulation  ·  2 February 2021

Robinhood Can’t Democratize Finance Using Old Tools

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.

Tech  ·  1 February 2021

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

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

Markets  ·  29 January 2021

Retail Traders Sue Robinhood Over Meme Stock Restrictions

GameStop, which had been soaring for days on short squeezing and mass speculation, began tumbling after the major retail trading hub implemented the hold.

News  ·  28 January 2021

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.

Markets  ·  28 January 2021

‘The Squeezening’: How the Gamestop Backlash will Curtail Freedom

Gamestop's "squeezening" is likely to increase calls for curbs on "memetic disturbances." That could be dangerous for free speech.

Policy & regulation  ·  28 January 2021

WallStreetBets Fever Hits Dogecoin, Price Soars 142%

A Twitter account not officially affiliated with WallStreetBets prompted DOGE's latest social media-based price boost.

News  ·  28 January 2021

Reddit Joins With Ethereum Foundation to Build Scaling Tools

The social media firm will dedicate developer resources to support scaling efforts for Ethereum.

News  ·  27 January 2021

Is Reddit’s MOON Token Really 2,000x Bigger Than the Global Economy?

A unique anomaly means the market cap for a token for incentivizing content on a particular Reddit forum has ballooned to $2.88 septillion.

News  ·  30 September 2020