Wednesday, December 4, 2024

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Market Wrap: Bitcoin Reverses Wednesday’s Losses, Ether Climbs

Few are attributing the cryptocurrency's rise to market fundamentals after the GameStop roller coaster.

MicroStrategy May Get Creative to Make Future Bitcoin Buys: CEO

The business intelligence company already has 70,784 bitcoins.

WallStreetBets Is Occupy Wall Street With Teeth

The retail trader insurgency has massive implications for the future of capital markets.

US Government Takes Aim at NetWalker Ransomware Attacks

Prosecutors indicted an alleged NetWalker affiliate and coordinated the takedown of darkweb resources.

Coinbase Announces Proposed Direct Listing

Leading cryptocurrency exchange Coinbase Global said it intends to become a publicly traded company pursuant to a proposed direct listing of its Class A...

GameStop and the Real Market Manipulators

WallStreetBets traders coordinated buying of GameStop stock to squeeze short-selling hedge funds – but was that collusion?

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.

China, Singapore Look Ahead to CBDC Future at World Economic Forum

A former deputy governor of the People’s Bank of China compared notes with the chairman of the Monetary Authority of Singapore.

Longtime Bitcoin Developer Jonas Schnelli Receives Open-Source Grant

Jonas Schnelli joins other Bitcoin developers who are sponsored by high-caliber Bitcoin companies.

Blockchain Bites: DOGE Chases After GameStop, Guggenheim Doubts $30K Bitcoin

Following a tweet from “WSB Chairman" inquiring about the meme cryptocurrency dogecoin prices went haywire.

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