Tags : Happened

Market

What Really Happened When Robinhood Suspended GameStop Trading

Robinhood’s users blamed the brokerage for suspending the trading of GameStop stock and other securities last month, amid a buying frenzy kick-started by retail traders on a Reddit forum.  But Robinhood may not have had a choice.  Robinhood, after all, is just one player in a public securities market that has been built over decades. […]Read More

Market

China Was Questioning Tesla About Quality Problems. Then Bitcoin Happened

Tesla’s $1.5 billion bitcoin investment couldn’t have come at a better time for the electric car manufacturer. As it happened, about the time the company revealed its massive stake in the cryptocurrency on Feb. 8, Chinese officials had announced that five agencies were questioning Tesla about quality and safety issues. Specifically, China’s State Administration for […]Read More

Blockchain

The Bitcoin Double-Spend That Never Happened

Interest in Bitcoin “double-spending” grew after recent news that the Bitcoin network processed the same bitcoin (BTC) in two transactions – the very “double-spending” scenario Bitcoin was specifically designed to prevent. Except the double-spend didn’t happen, at least not in the traditional sense. “The bitcoin ‘double-spend’ media headline has certainly spooked investors, but it’s a […]Read More

Market

Bitcoin Prices in 2020: Here’s What Happened

For many reasons 2020 will loom large in future textbooks on financial history.  This year saw the biggest drop-off in economic output since the Great Depression, the biggest spate of money printing in the Federal Reserve’s 107-year history spurred by a coronavirus pandemic, an epochal shift toward remote working and negative prices for crude oil […]Read More