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“# Dogecoin price dumps, but whodunnit? Whales, institutions or retail traders? ” Most recently, DOGE pulled off a 10x gain as it rallied to $0.74 in the past week. The breakout was fueled mainly by Tesla CEO Elon Musk and his constant mentions of the token on social networks and interviews. Surprisingly, as Musk debuted…
“# US banks to allow Bitcoin trading in 2021, says NYDIG execs ” The era of American banks regarding cryptocurrencies as anathema might be coming to an end. According to a report by CNBC on Wednesday, New Digital Investment Group has inked a partnership with fintech staple Fidelity National Information Services to provide a framework…
“# Robinhood announces new COO to lead crypto trading desk ” Retail trading app Robinhood has appointed Christine Brown as the chief operating officer of its crypto division. The company announced the appointment in a statement on its website on Thursday. Brown, who is the current vice president of operations at Robinhood Markets, will now…
“#Walmart ditching massive pick-up towers in hundreds of stores” Walmart is ditching the massive, automated pick-up towers inside its stores that hold online purchases for customers. The retailer is removing 300 of these towers and “hibernating” another 1,300 because customers grew accustomed to curbside pick-up during the pandemic — and prefer it, according to the…
“# Electronics retailer Newegg now accepts Dogecoin as payment ” American online electronics retailer Newegg has added Dogecoin (DOGE) as an official payment method amid the ongoing parabolic surge of the meme-based cryptocurrency. Newegg announced Tuesday that the company added the option through crypto payment platform BitPay. The firm said that the new feature was…
“#Toilet paper sales reportedly fall below pre-pandemic levels” Americans are still working through the stockpiles of toilet paper they began hoarding at the onset of the pandemic — and now sales are tanking, a new report says. Toilet paper sales in January were 4.3 percent lower than the same month last year, before the onset…
“#Kim Kardashian’s Skims shapewear reportedly valued at $1.6B” Kim Kardashian West’s newest startup just joined her in the billion-dollar club. The reality TV icon’s Skims shapewear brand says it’s snagged a new batch of private investments valuing it at $1.6 billion. The deal also stands to lift Kardashian West’s coffers on the heels of her…
“#GameStop stock plunges as retailer plans $1B share sale” GameStop’s stock price tumbled Monday as Reddit’s favorite retailer announced plans to sell up to $1 billion worth of shares while touting increased sales. The beloved meme stock plunged nearly 11 percent to $170.56 in early trading after it revealed the planned share sale, which will…
“#China admonishes H&M over ‘problematic’ map on website” Swedish retailer H&M continues to clash with Beijing, this time over how it has portrayed the region geographically. Chinese officials admonished H&M Friday over a “problematic” map on the company’s website in the latest sign of escalating tensions after the Swedish retailer criticized China’s controversial cotton-picking region….
“#Abandoned Macy’s turned into high school: ‘Weird but cool’” Some teenagers would rather be at the mall than sitting in class, but these students are sitting in class at the mall. An abandoned Macy’s department store in Vermont has been converted into a school after district officials found toxic industrial chemicals in the old school…