Musk Helps Bitcoin Surge By 15%
Bitcoin’s price rose by more than $3,000 in just 30 minutes after Elon Musk sneakily inserted #bitcoin into his bio. In a cryptic tweet, the Tesla CEO added: "In retrospect, it was inevitable." After circling the drain at $30,000 for a time this week, the bullish momentum helped the world’s biggest cryptocurrency vault beyond $35,000. Will this spike endure?
A PR Disaster for Robinhood
The GameStop fiasco has turned into a PR calamity for Robinhood. The company controversially announced it was restricting trading on shares at the center of a battle between hedge funds and retail traders. At least two lawsuits have been filed, with some U.S. politicians describing its conduct as "unacceptable." Find out what Robinhood’s CEO had to say.
What ON EARTH is Happening to DOGE?!
When we last spoke to you, Dogecoin was trading at $0.01434. Well, over the past 24 hours, DOGE has well and truly been unleashed. In this time, the joke coin has set new all-time highs of $0.07797 — a dramatic triple-digit boom that hit 800% at one point. DOGE has vaulted up CMC’s rankings, and as our article explains, even Carole Baskin is getting involved.
Coinbase Goes for a Direct Listing
Coinbase has announced it’s going to go public through a direct listing rather than an initial public offering. Reports suggest it’s aiming to achieve a debut share price of $200. This means that existing shares are going to be offered to investors rather than new ones. All this came as Coinbase entered the top 10 rankings of free apps on Apple’s App Store
