The SEC asserts that the defendants unlawfully gleaned more than $700,000 through a wash-trading scheme that targeted exchanges offering market maker rebates.
Category: meme stocks
Robinhood stock outruns Bitcoin intraday crash, down over 10% in pre-marketRobinhood stock outruns Bitcoin intraday crash, down over 10% in pre-market
The decline followed Robinhood Market’s announcement that it would sell up to 98 million Class A shares over time.
Economist Says Bitcoin Isn’t Too Big to Fail — Warns BTC Can Only Establish Itself if Governments Allow ItEconomist Says Bitcoin Isn’t Too Big to Fail — Warns BTC Can Only Establish Itself if Governments Allow It
Allianz’s chief economic advisor Mohamed El-Erian says that bitcoin is not too big to fail and that governments may intervene. While he believes that cryptocurrency will grow in popularity, the