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Rep. Tlaib calls for Congressional hearing on Robinhood’s GameStop stock actions

Rep. Tlaib calls for Congressional hearing on Robinhood’s GameStop stock actions

A member of the U.S. Congress has called for a public hearing after the popular brokerage app Robinhood moved to restrict purchases of stocks like GameStop.

The post Rep. Tlaib calls for Congressional hearing on Robinhood’s GameStop stock actions appeared first on The Block.

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Dalio Expects to Soon Offer Alt-Cash Fund, Says ‘Bitcoin Won’t Escape Our Scrutiny’

“Bitcoin looks like a long-duration option on a highly unknown future that I could put an amount of money in that I wouldn’t mind losing about 80% of,” Dalio said.

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Dogecoin price surges above $0.02 to hit new high

The price of the meme-themed cryptocurrency was on a tear Thursday morning, with market activity pushing its price well above $0.02 to hit a new all-time high.

The post Dogecoin price surges above $0.02 to hit new high appeared first on The Block.

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Prime Trust, tZERO Partner on Digital Asset Custody, Trading

The integration will enable Prime Trust to manage the custody of digital securities and cryptocurrencies for its customers using tZERO for trading.

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Scarcity Gives Bitcoin Value, but Not the Way You Think

Bitcoin is “scarce” (and therefore valuable) when demand for it exceeds the available supply, not because of its 21 million hard cap, says our columnist.

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‘Bitcoin won’t escape our scrutiny’: Bridgewater is exploring an alt-cash fund in the face of money devaluation

Bridgewater Associates is taking a closer look at bitcoin, according to a letter penned by Ray Dalio.

The post ‘Bitcoin won’t escape our scrutiny’: Bridgewater is exploring an alt-cash fund in the face of money devaluation appeared first on The Block.

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WallStreetBets Reddit Group: What Is It?

How an army of amateur traders from the WallStreetBets Reddit channel is turning the tables on traditional investors.

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First Mover: Crypto Gawks at GameStop, Sees Shades of Self

Digital-market traders found amusement in the GameStop saga. They also saw an opportunity for self-reflection. Here’s what Niall Ferguson, Caitlin Long, Mati Greenspan and Jonathan Mohan said.

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Europol, Spanish Police Bust Alleged Scam Posing as Crypto Investment Training Firm

Europol worked with Spain’s Civil Guard and Catalan police to arrest six suspects aged in connection with the scheme.

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Algorand Teams Up With Crypto Custodian Curv for ‘Trusted DeFi’

The firms aim to build technology that “appeals to traditional institutions, payment providers [and] governments.”

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