Robinhood has officially become a meme stock and could see more pain ahead

Robinhood has officially become a meme stock and could see more pain ahead

By Bailey Lipschultz Robinhood Markets Inc. has officially become a meme stock, and this week’s wild ride could be just the beginning if legions of amateur investors pull money from their old favorites to buy more shares while insiders are dumping them. The trading app that helped fuel the memeification of the stock market soared … Read more

Dogecoin jumps on news of launch on Coinbase Pro

Dogecoin jumps on news of launch on Coinbase Pro

NEW YORK: Dogecoin, a meme-based cryptocurrency popular among retail investors, surged on Wednesday, benefiting from news that digital asset exchange Coinbase will make the crypto unit available to its users on its trading platform. Coinbase said on Tuesday it will immediately accept inbound transfers of dogecoin Coinbase Pro, a trading venue for professional traders. Dogecoin … Read more