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Posts published in “Business”

First North American bitcoin ETF booms on debut with $165 million of shares trading hands (BTCC)First North American bitcoin ETF booms on debut with $165 million of shares trading hands (BTCC)

First North American bitcoin ETF booms on debut with $165 million of shares trading hands (BTCC)

By Harry Robertson on February 19, 2021

Summary List Placement North America's first bitcoin ETF had a strong start on the Toronto stock exchange on Thursday. Bloomberg data showed $165 million worth of shares changed hands, reflecting strong demand. The price of bitcoin jumped to a new high of above $52,800 on Friday as the rally roared on. Sign up here for…

Billionaire investor Leon Cooperman blasts the Reddit-trader revolution as ‘baloney’ — and says Warren, Sanders, and AOC shouldn’t be deciding the market rulesBillionaire investor Leon Cooperman blasts the Reddit-trader revolution as ‘baloney’ — and says Warren, Sanders, and AOC shouldn’t be deciding the market rules

Billionaire investor Leon Cooperman blasts the Reddit-trader revolution as ‘baloney’ — and says Warren, Sanders, and AOC shouldn’t be deciding the market rules

By Shalini Nagarajan on February 19, 2021

Summary List Placement Billionaire Leon Cooperman said the idea of Reddit traders targeting the wealthy is "all baloney." The investor said market ethics have been weakening for a long time and the rules need to be followed. "The last thing we need is Elizabeth Warren or Bernie Sanders or AOC getting involved in setting policy."…

A 20-year-old woman has died after being shot in the head at Myanmar’s anti-coup protestsA 20-year-old woman has died after being shot in the head at Myanmar’s anti-coup protests

A 20-year-old woman has died after being shot in the head at Myanmar’s anti-coup protests

By Bill Bostock on February 19, 2021

Summary List PlacementA 20-year-old woman shot in the head during protests against Myanmar's military earlier this month has died, becoming the first known casualty of the unrest over the coup. Mya Thweh Thweh Khine, who Reuters reported died on Friday, had been on life support since she was shot in Naypyidaw on February 9.  Myanmar's…

Gen Z-focused fintechs live and die by social media. Here’s how they’re trying to out-influence each other, and traditional banks, to nab 82 million customers for life.Gen Z-focused fintechs live and die by social media. Here’s how they’re trying to out-influence each other, and traditional banks, to nab 82 million customers for life.

Gen Z-focused fintechs live and die by social media. Here’s how they’re trying to out-influence each other, and traditional banks, to nab 82 million customers for life.

By Shannen Balogh and Carter Johnson on February 19, 2021

Summary List PlacementTaylor Krebs remembers her friends' reactions when she started using Step, a banking app that caters to Generation Z. Krebs, a ninth-grader, had early access to Step because the company's CEO, CJ MacDonald, is a close family friend. The startup offers a secured credit card and the ability to send and receive money…