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Bitcoin surged anew on Monday when Elon Musk electrified its prospects by pledging Tesla Inc would soon take payment for its electric vehicles in the currency and revealed it had already bought $1.5 billion worth of it.
German prosecutors have confiscated more than 50 million euros ($60 million) worth of bitcoin from a fraudster. There's only one problem: they can't unlock the money because he won't give them the password.
6 Min Read (Reuters) - The U.S. Securities and Exchange Commission waded into the battle between small investors and Wall Street hedge funds on Friday, warning brokerages and social-media traders it was on alert for any wrongdoing in this week’s roller-coaster trade. GameStop shares rallied again, awarding retail investors the advantage in the latest round of their week-long slugfest against major financial institutions that had shorted the video game retailer. The so-called “Reddit rally” has inflated stock prices for GameStop and other previously downtrodden companies that individual ...
NEW YORK (Reuters) — The U.S. Securities and Exchange Commission waded into the battle between small investors and Wall Street hedge funds, warning brokerages and the pack of social-media traders that it was watching for potential wrongdoing. GameStop shares jumped, awarding retail investors the advantage in the latest round of their week-long slugfest against major financial institutions that had shorted the video game retailer. The so-called "Reddit rally" has inflated stock prices for GameStop and other previously beaten-down companies that individual investors championed on social media...
(Adds report of Robinhood drawing down some credit lines) Jan 28 (Reuters) - An army of retail investors that has routed Wall Street’s professionals in recent days was dealt a blow on Thursday, after online brokerages restricted purchases of red-hot GameStop and other stocks that had soared this week. But the shares rebounded in after hours trading, resuming their advances after Robinhood Markets Inc and Interactive Brokers said they planned to lift the restrictions on Friday. Retail investors, celebrities and policymakers had denounced Thursday’s restrictions and participants in online f...