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Robinhood The Biggest Dogecoin Whale? Here's What CEO Tenev Has To Say
Friday, May 7, 2021 - 12:02am | 466Read More...Robinhood Markets CEO Vlad Tenev has dismissed speculation that his brokerage platform may be the so-called “dogecoin whale,” the owner of a huge stockpile of the meme cryptocurrency Dogecoin (DOGE). What Happened: Speaking at a “fireside chat” hosted by Robinhood on...
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Robinhood Responds To Warren Buffett: 'The Old Guard Of Investing'
Tuesday, May 4, 2021 - 4:00pm | 553Read More...Over the weekend, legendary investor and Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) CEO Warren Buffett addressed several hot topics in the investment world. Among the topics was the rise of retail traders and new brokerages like Robinhood. Buffett Calls Out Robinhood: Buffett called out...
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Robinhood Crashes As Dogecoin Sets New All-Time High
Tuesday, May 4, 2021 - 12:46pm | 515Read More...What Happened: Trading platform Robinhood reported an outage on Tuesday as the popular meme-based cryptocurrency Dogecoin surged to new highs. “We’re currently experiencing issues with crypto trading. We're working to resolve this as soon as possible,” Robinhood said...
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Fintech Focus For May 4, 2021
Monday, May 3, 2021 - 6:06pm | 1568Read More...Quote To Start The Day: Life is what happens to us while we are making other plans. Source: Allen Saunders One Big Thing In Fintech: Affirm, a leader in payments, recently announced it would acquire Returnly, a return and post-purchase payments solution, for $300 million. Benzinga spoke...
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Much Good Boy: eToro Adds Dogecoin To Platform
Monday, May 3, 2021 - 6:04pm | 306Read More...A social trading and brokerage platform is adding the meme currency Dogecoin to its platform due to customer demand. What Happened: eToro, which is merging in a SPAC deal with FinTech Acquisition Corp V (NASDAQ: FTCV), announced Monday it's adding Dogecoin (CRYPTO:DOGE) to its platform....
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Fintech Focus For May 3, 2021
Sunday, May 2, 2021 - 7:25pm | 1759Read More...Quote To Start The Day: “In three words I can sum up everything I've learned about life: it goes on.” Source: Robert Frost One Big Thing In Fintech: Robinhood, the free-trading app that helped drive a surge in retail investing during the pandemic, has switched to using JPMorgan...
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Time100 Most Influential Companies: What 61 Publicly Traded Companies Are On The Inaugural List?
Wednesday, April 28, 2021 - 2:23pm | 1804Read More...Time Magazine is well-known for its annual Time100 Most Influential People issue. The media brand unveiled a new annual list called the TIME100 Most Influential Companies. The list coincides with the company’s launch of Time business, a new editorial section. Time Magazine was...
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Mark Cuban Calls Robinhood's Dogecoin Withdrawal Policy 'Greatest Inhibitor To Growth'
Wednesday, April 28, 2021 - 8:56am | 539Read More...Billionaire investor, Dallas Mavericks owner, and Dogecoin advocate Mark Cuban has said that the biggest limiting factor to DOGE’s growth is Robinhood’s withdrawal policy. What Happened: “The greatest inhibitor to its growth is that you can't spend the Doge you buy on...
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Alpaca Launches Broker API That Lets You Build Your Own Robinhood
Friday, April 23, 2021 - 12:59pm | 501Read More...Alpaca, a stock brokerage that allows developers to build apps, services, and trading platforms, formally announced the launch of Broker API, as well as an expansion of its investment and leadership team. What Happened: With the onset of pandemic restrictions, retail investors hungry for engagement...
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Fintech Focus For April 23, 2021
Thursday, April 22, 2021 - 6:40pm | 1773Read More...Quote To Start The Day: You’ll never find a rainbow if you’re looking down. Source: Charlie Chaplin One Big Thing In Fintech: Ant Group, operator of popular Chinese mobile payment service Alipay, plans to slash its direct carbon emissions by nearly a third by 2025 as part of its...
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Fintech Focus For April 22, 2021
Wednesday, April 21, 2021 - 8:13pm | 2370Read More...Quote To Start The Day: Big Brother is watching you. Source: George Orwell One Big Thing In Fintech: Apart from supporting firms like Apple Inc, Alphabet Inc, and Microsoft Corporation, from their earliest stages, Nasdaq offers numerous other products and services, all of which increase market...
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What Is Tax Lot Allocation And Why Could Retail Traders Be 'Making A Very Expensive Mistake'?
Wednesday, April 21, 2021 - 9:40am | 580Read More...Americans have until May 17 to file their 2020 taxes after the tax deadline was bumped back to provide more financial flexibility for taxpayers struggling through the pandemic. Unfortunately, many retail traders may end up paying far more in capital gains taxes than they need to this tax season....
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George Sherman To Step Down As GameStop CEO
Monday, April 19, 2021 - 8:17am | 495Read More...GameStop Corp. (NYSE: GME) has announced CEO George Sherman will be resigning by July 31 or pending the earlier appointment of a successor. What Happened: The Grapevine, Texas-based company quietly acknowledged it was looking to replace Sherman in its Annual Report on Form 10-K filed with the...
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Fintech Focus For April 19, 2021
Sunday, April 18, 2021 - 7:54pm | 2187Read More...Quote To Start The Day: "The journey of a thousand miles begins with one step." Source: Lao Tzu One Big Thing In Fintech: Coinbase’s public listing documents revealed an unusual set of circumstances for a startup: Its venture arm, Coinbase Ventures, had acquired stakes in a handful...
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For Finance, Real Democratization Means Being Really Open
Sunday, April 18, 2021 - 4:37pm | 1469Read More...With Robinhood filing for an Initial Public Offering, we can be sure of a renewed debate about what it means to democratize finance. Robinhood’s combination of zero-commission trading with a slick, intuitive app has been synonymous with the explosion in retail trading volumes: these are...
