Wall Street | Crypto Profit Bot

Time to shine? Crypto should be given a chance after GameStop drama

February 6, 2021

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What happened to GameStop’s stock at the end of January will be remembered by investors for years to come, as it was probably the first time in the history of the “free market” that a group of self-described internet “degenerates” outsmarted a bunch of Wall Street pros at their own game. As a recap, on […]

Robinhood reportedly shelves IPO plans in wake of GameStop PR disaster

February 2, 2021

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An IPO is reportedly off the cards for now as Robinhood continues to deal with the fallout from the GameStop saga, and the resultant plunge in public confidence. 2302 Total views 31 Total shares Trading app Robinhood may have put its plans for an initial public offering on hold after public opinion turned against the […]

Mark Cuban Hails ‘Store of Value Generation’ Taking on Wall Street

February 1, 2021

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Cuban believes WSB traders are applying the principles of the crypto world to the stock market. (Steve Jennings/Getty Images/TechCrunch) Feb 1, 2021 at 1:52 p.m. UTCUpdated Feb 1, 2021 at 2:24 p.m. UTC Mark Cuban Hails ‘Store of Value Generation’ Taking on Wall Street Mark Cuban, the billionaire owner of the National Basketball Association’s Dallas […]

Mark Cuban thinks Wall Street stands no chance against digital natives

February 1, 2021

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The entrepreneur says that old-school investors are getting their “ass kicked” by the “Store of Value Generation.” 6197 Total views 35 Total shares Entrepreneur and Dallas Mavericks owner Mark Cuban has weighed in on the recent clash between Wall Street and the r/Wallstreetbets Reddit community. In a Jan. 31 blog post, Cuban suggested that the […]

Wallstreetbets and GameStop saga set for Hollywood treatment in new film

February 1, 2021

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A major Hollywood studio has won the rights to turn the r/Wallstreetbets saga into a movie — less than a week after the GameStop short squeeze. 4828 Total views 37 Total shares The r/Wallstreetbets saga which saw a group of Redditors join forces to extract billions from Wall Street hedge funds is set to be […]

Robinhood suspends buying for GameStop following stonks going ‘to the moon’

January 28, 2021

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The video game retailer had its own GME Army pushing the price of the stock to an all-time high before platforms stepped in. 5997 Total views 26 Total shares Reports are coming in this morning that trading app Robinhood has suspended buying for GameStop stock and others after GME’s price surged in a Bitcoin-like parabolic […]

WallStreetBets Reddit Group: What Is It?

January 28, 2021

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WallStreetBets Reddit Group: What Is It? A decentralized Reddit forum called WallStreetBets is causing chaos on Wall Street. The group “r/Wallstreetbets” (aka WSB) is a longstanding subreddit channel where over 3.5 million Reddit users discuss highly speculative trading ideas and strategies. Described as “like 4chan found a Bloomberg Terminal,” the community has caused huge disruption […]

Bitcoin Is ‘Less Risky the Higher It Goes,’ Says Investor Bill Miller on CNBC

January 8, 2021

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Jan 8, 2021 at 6:54 p.m. UTCUpdated Jan 9, 2021 at 3:26 a.m. UTC Bitcoin Is ‘Less Risky the Higher It Goes,’ Says Investor Bill Miller on CNBC Mutual fund titan Bill Miller is talking bitcoin again. “One of the things that’s interesting about bitcoin is that it gets less risky the higher it goes,” […]

Bitcoin arrives on Wall Street: S&P Dow Jones launching crypto indexes in 2021

December 3, 2020

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In the latest big move by traditional finance to incorporate crypto, 550 coins will appear in the new indexes starting next year. 9364 Total views 268 Total shares S&P Dow Jones Indices — a joint venture between S&P Global, the CME Group and News Corp — will debut cryptocurrency indexes in 2021, it has confirmed. […]

Paul Tudor Jones says Bitcoin is ‘like investing early in Apple or Google’

October 22, 2020

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It scores highly among the possible options to counteract inflation. 6685 Total views 6 Total shares Famed Wall Street investor and billionaire Paul Tudor Jones said that he likes Bitcoin “even more than I did then,” referring to his initial investment announced in May 2020. Jones praised Bitcoin on CNBC’s Squawk Box morning show, revealing […]

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Category: Wall Street