On Friday January 29, one of the most well-known Bitcoin communities reached the 2,000,000 subscriber level. It had a surge of activity on Friday. Most people think the surge of new members was a result of the Redditors who took on the hedge fund operators betting against Game…
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99Crypto
Newest Cryptocurrency Released by Studio that Brought You Fortnite & Gears of War
Tim Sweeney, who is the co-founder of the development studio that made Gears of War, Hitman and Fortnite, tweeted that it is releasing a non-fungible token. The metaverse will allow it to go places if the transaction costs calm down. He added that today's cryptocurrency market is a…
BTC Settles Downward While Altcoins — Especially Dogecoin — Surge for the Stars
Transformative Times for Crypto Although the year 2021 is only a few weeks old, it has already been a tumultuous time for cryptocurrency. With the traditional stock market roiling from the GME Reddit controversy, the crypto market has been going through its own transformation. Not only has DOGE been pumping…
Redditors Gave Hedge Bros the Heebeejeebies This Week in Trading
The past week brought some interesting news for stocks, cryptocurrency and trades. One of the biggest stories this week is that Wall Street got ran over by Reddit members. Robinhood is a trading platform. Reddit users mobilized retail traders to short-squeeze two large hedge funds. They did it. Wall Street…
One Exciting Week in the Financial Sector
A Whirlwind Week in Finance Although there's not even a complete month in the books yet for 2021, there is no doubt that it's been a wild ride for the world of finance — already. As the GameStop and AMC controversies simmer alongside stock platform RobinHood, the…
Uniswap Is Enjoying a Big Rally That's Likely to Continue
Uniswap has emerged as an important player in the decentralized finance sector of the economy. Its DEX has benefited from its position as the first mover after it became the top spot for new projects and traders in 2020. In December, 400 UNI tokens were sent to all wallet addresses.…