Is This the End of the Reddit Retail Investor Dream?
As GME plummets and traditional financial media turns its attention elsewhere, where does the retail trading insurgency go from here?
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On-chain data shows the demand from retail investors for Bitcoin has slumped to 3-year lows, a sign that may be bearish for BTC. Bitcoin Retail Investor Transfer Volume Has Plummeted Recently As explained by CryptoQuant founder and CEO Ki Young Ju in a new post on X, retail investor demand has seen a sharp decline […]
The American dream of owning a home and financial freedom has been killed by the inequality in our legacy system. But Bitcoin offers a new dream.
Earlier today, Reddit posted to its blog and announced the "Reddit notes," the name of the long-awaited Reddit cryptocurrency. Reddit recently closed a $50 million USD funding round led by Sam Altman, Marc Andreessen of Andreessen Horowitz, and Alfred Lin of Sequoia Capital. Soon thereafter, Reddit announced their plans to "share" 10% of the equity raised with the loyal users of Reddit, without whom the funds could not have been raised. To help with their new cryptocurrency, Reddit posted a job ad for a "cryptocurrency engineer" and quickly hired BitPay developer Ryan Charles back in....
With BTC recently trading at the $20,000 range for the first time since 2020, small-time investors found a small window of opportunity to achieve their dream of owning at least 1 Bitcoin. Ever since early Bitcoin (BTC) investors woke up millionaires as the ecosystem gained tremendous popularity alongside the mainstreaming of the internet, investors across the globe have been in the rush to accumulate as many of the 21 million BTC — one Satoshi at a time.With BTC recently trading at the $20,000 range for the first time since 2020, small-time investors found a small window of opportunity to....
Dream Lover, a virtual relationship platform that allows users to send texts and receive pictures from professional models, is now supporting bitcoin as a payment option. A product of the people behind adult entertainment studio Naughty America, Dream Lover follows in the footsteps of its sister website, which began accepting bitcoin in January 2014. Launched later that year, Dream Lover allows users to spend bitcoin on account credits called Coins that can be used to purchase access to phone numbers assigned to Dream Lover models. Users pay for 30-day access to the phone number and any....