Opinion: Meme Headlines Soar on Bad News for Melvin Capital and the Russian Invasion of Ukraine

Actions in GameStop GME, + 8.45% Thursday closed 8.5% higher, while shares of AMC Entertainment AMC, + 12.40% It was up 12.4% as retail investors digested the global turmoil and some troubles for one, or possibly two, Wall Street opponents. News that Ken Griffin’s hedge fund Citadel LLC is further reducing its $ 2 billion … Read more

Cryptocurrency firms step up lobbying effort as regulators tighten oversight. Here’s how much Coinbase, Ripple and Binance paid in 2021

As US regulators tighten oversight of the digital asset space, cryptocurrency companies are doubling down on their lobbying efforts. Companies engaged in cryptocurrency businesses spent at least $ 4.9 million on lobbying in 2021, up 116% from 2020, according to a recent study by crypto intelligence site Crypto Head. According to the study, cryptocurrency lobbying … Read more

Bitcoin in the Bank: Traditional lenders try their hand at cryptocurrencies outside the United States

Traditional banks outside the United States are sampling cryptocurrencies, offering customers ways to invest and store bitcoin and other digital assets. Banco Bilbao Vizcaya Argentaria SA BBVA 1.36% —The second largest asset lender in Spain, with operations in Latin America and Turkey — allows customers to hold, buy and sell bitcoin and ether through a … Read more