How many gallons of jet fuel does it take to send GameStop, Bitcoin and Dogecoin to the moon?
Wall Street News
Wall Street is a street in a lower Manhattan, New York, that houses crucial financial companies, banks and exchanges. The Wall Street stock market is one of the most famous places of trade and includes the NYSE – the world’s largest stock exchange in terms of market capitalization. The significance of Wall Street and its impact is hard to overestimate, as the most influential financial companies from all over the world are gathered there.
More and more, large trading firms are becoming interested in Bitcoin due to the possibility of earning fast money. It is no wonder that the attitude toward cryptocurrency in the financial community has been becoming warmer due to the rise of interest among prestigious trading and investments companies on Wall Street. By 2018, some companies trading on the NYSE have included Bitcoin into their list of assets. Their involvement might help lessen the volatility of digital currencies, which is now one of the main factors that frightens off individual investors.
The BlockDown panel discussed the current issues but also the potential improvements for DeFi.4953
Reddit group r/Wallstreetbets will allow a limited amount of crypto discussion as it seeks to accommodate members in the community without detracting from its stock market focus.12490
John Waldron said the investment management firm would “continue to evaluate” and “engage on” crypto for customers.19145
The software company added another $10 million in BTC to its war chest.14327
George Ball, who serves as Chairman of Sanders Morris Harris, believes cryptocurrencies like Bitcoin are an “attractive” part of a well-balanced portfolio.7229
Heath Terry has said it would be "hard to see a world where blockchain technology doesn't change the way we think about asset ownership."7832
"Culturally I compare bridging the crypto world with the old as akin to finding a portal between two distinct worlds in the multiverse," said Dan Loeb14259
It’s time to shine for DeFi, as the old financial system has rotted and degenerated and has been the main villain amid the GameStop saga.31796
The GameStop pump may lead a number of amateur investors to finally learn about DeFi and the advantages it puts forth.33289
Traditional finance is a relic, and the GameStop saga is nothing but a prelude for what's to come: the real decentralization of money.12567
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.7107
The entrepreneur says that old-school investors are getting their “ass kicked” by the “Store of Value Generation.”11020
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.6484
Bitcoin is about to see broader adoption in the traditional finance world, says the world's richest man.43789