It may sound shocking today, but in 2010, software developer Gavin Andresen was on a mission to give away free BTC in an effort to boost adoption.
Reddit is a social news site where all registered users can share links with any information they find interesting. Like many other popular sites, Reddit has a voting system so that a post which receives a large amount of “upvotes” gets a chance to be shown on the main page. The author of the site explained the origin of the name with the phrase: “I read it on Reddit”.
Reddit’s cryptocurrency news is related to topics that users provide, together with the participation of the platform itself concerning the world of digital currency. Reddit was one of the first organizations that began accepting Bitcoin, although they stopped accepting cryptocurrency in March, 2018, perhaps because of the constant breaches on the platform which they used for making transactions, according to the Reddit administration. Nevertheless, in April of the same year, there was news about a revival of BTC in the service with addition of Ethereum and Litecoin.
After skyrocketing above $370 following the Reddit-driven short squeeze, GameStop shares are now trading at around $160.12625
R/Dogecoin was the third-most active crypto group on Reddit behind r/CryptoCurrency and r/Bitcoin this week.15840
Brian Armstrong compares Coinbase to Amazon in the early days in terms of innovations that will benefit customers.21241
Users can send Bitcoin to and from their Twitter accounts following the launch of Bottlepay's disruptor payments app.9476
"I let the pizza guy choose between $5 in fiat or BTC. Needless to say, he chose wisely," said the Redditor.77904
Robinhood CEO Vlad Tenev denied that the platform was helping hedge funds, calling on the SEC to get rid of a two-day settlement rule.4826
The GameStop pump may lead a number of amateur investors to finally learn about DeFi and the advantages it puts forth.33283
Was stock trading app Robinhood the villain in the GameStop saga? “In a decentralized trading market, no one would have that power.”25334
"Stocks will be on the blockchain in the future," predicted the billionaire.13474
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.7099
The latest target of Reddit traders provides plenty of volatility — and losses — as XRP sees a burst of volatility on Monday.60512
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.6437
A casual vote of confidence from the world's richest man excites pundits but fails to produce a BTC price pump — could that be about to change?50440
Dogecoin rallied by more than 85%, suggesting r/Wallstreetbet’s crypto wing may have decided that they weren’t done with DOGE yet.82278