Robinhood is earmarking 20% to 35% of its own IPO shares for customers. Why smaller investors should proceed with caution
The amount being allocated is part of Robinhood’s push to help smaller investors access initial public offerings.
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Senator Cynthia Lummis backs crypto for US retirement plans
The Senator from Wyoming believes crypto should be a part of a diversified portfolio for U.S. investors.
Cathie Wood’s Ark Invest to create a bitcoin ETF under the symbol ‘ARKB’
Wood, a longtime bitcoin bull, has been buying up proxies for the digital asset in names such as Coinbase...
Citigroup launches a digital asset unit within its wealth management division
Wall Street giant Citigroup launched a new business unit to give clients exposure to cryptocurrencies, tokenization, and other blockchain...
Andreessen Horowitz goes ham on crypto with a new $2.2B fund
After a wildly successful Coinbase exit, the venture capital firm is signaling its commitment to cryptocurrencies with a third...
Winklevoss’ Gemini buys carbon credits to cut bitcoin’s CO2 footprint
U.S.-based cryptocurrency exchange Gemini is responding to bitcoin’s environmental issue by purchasing carbon credits.
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Visa, PayPal join crypto VC Blockchain Capital’s new $300M fund
PayPal said it’s the first time the company has invested as a limited partner in a fund focused on...
PBoC orders Chinese banks to cut off accounts for crypto OTC merchants – reiterating 2017 banking ban
The central bank of China has summoned a group of domestic banks and mobile payment providers for a meeting...
Bitcoin mining: One of North America’s biggest miners harnesses flare gas energy
Crusoe Energy, one of the largest bitcoin miners, is installing pipes at drill sites to provide miners energy that...
World Bank accused of ignorance & hypocrisy as it refuses to help El Salvador
The World Bank won’t help El Salvador create a bitcoin powered economy because of environmental shortcomings, despite its billions...
Bitwise secures $70M in Series B funding from major Wall Street investors
Bitwise, the crypto asset management firm, raised $70M led by Wall Street hedge fund billionaire and crypto fan Stanley...
MicroStrategy to sell up to $1B in stock, use part of proceeds to buy yet more bitcoin
MicroStrategy’s bitcoin trove is so big that it’s now described in the company’s SEC filings as a key part...
Texas banks now offer crypto custody services
Following the recent wave of governmental bitcoin interest and adoption, Texas—a state with a GDP bigger than Russia's—has allowed...
Interactive Brokers to offer crypto trading
The firm will look to challenge Coinbase and Robinhood, which are currently the focal points of custodial crypto trading...
Coinbase partners with 401(k) advisor to offer crypto investments for retirement accounts
Participants will be able to invest up to 5% of their retirement portfolio into cryptocurrencies such as bitcoin and...
Bill to make bitcoin legal tender passes in El Salvador
El Salvador made history as President Nayib Bukele’s "Bitcoin Law" was passed by the Salvadoran Legislative Assembly.
El Salvador set to accept bitcoin as legal tender
The country is set to become the first nation to accept the popular crypto as legal tender. El Saldavor’s...
Chinese government mouthpiece says people have the freedom to trade bitcoin—at their own risk
State-run media outlets in China have encouraged the public to avoid cryptocurrency markets. Much of the criticism has focused...