FTX Jumps on the GameStop Bandwagon 💸
FTX has listed GameStop, meaning investors will be able to snap up the stock with crypto. The company’s share price has surged by more than 2,000% since the start of 2021. It comes as a determined band of retail investors take on hedge funds that have been shorting the stock. Elon Musk added to the frenzy by tweeting about GameStop yesterday.
XRP Investor Who Lost $48 Sues Ripple 🚨
Tyler Toomey bought 135 XRP for $97.80 in November, when the altcoin’s price had surged. He later ended up selling it for half that price. Now, he’s taking Ripple to court — alleging that the company violated securities laws in his home state of Florida. In court filings, Toomey claims Ripple’s practices enriched executives to the tune of $600 million.
Britons Like Crypto… But They’re Not Buying It 🇬🇧
A new poll suggests that one in three Britons is interested in crypto investments — but despite that, something’s holding them back from taking the plunge. About 60% of those who are curious said they don’t understand enough about the market. A further 43% are unsure about where they can buy Bitcoin safely.
Crypto Wallet Users Urged to Update Their iPhones 📱
A Coinbase engineer has urged crypto investors who use mobile wallets to update their iPhones and iPads as soon as possible. Pete Kim’s warning comes after Apple rushed out a security fix in response to three bugs exploited by hackers. The vulnerabilities meant that a malicious actor could gain remote administrative access to a target system.
Bitcoin Dips Under $30,000… Yet Again 📉
BTC has been retesting support at $30,000 — briefly dipping below this psychologically significant price point. The sell-offs came ahead of a crunch U.S. Federal Reserve meeting that could create choppy waters for the markets. Hints that the central bank will begin to gradually unwind economic stimulus programs could spark further selling pressure/
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