# Bakkt sheds more than 6% on first of public trading

# Bakkt sheds more than 6% on first of public trading

“# Bakkt sheds more than 6% on first of public trading ” Bakkt ($BKKT), an institutional and retail-facing digital asset platform founded by Intercontinental Exchange, has suffered a drawdown of -6.4% after closing a volatile first day of trading as a publicly listed company. After launching on the New York Stock Exchange (NYSE) at $9.45…

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# ASIC targets pump and dump Telegram groups

# ASIC targets pump and dump Telegram groups

“# ASIC targets pump and dump Telegram groups ” The Australian Securities and Investments Commission (ASIC) is going after pump and dump groups on Telegram. On Monday an account under the name “ASIC” posted a message in the “ASX Pump Organization” on Telegram to warn around 300 members of the group that “we’re monitoring this…

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# Here’s why Bitcoin mining stocks have been outperforming BTC price in 2021

# Here’s why Bitcoin mining stocks have been outperforming BTC price in 2021

“# Here’s why Bitcoin mining stocks have been outperforming BTC price in 2021 ” Bitcoin (BTC) might have outperformed traditional financial markets regarding investment returns, but the cryptocurrency still fell behind Bitcoin-related companies. The price of BTC climbed by about 290% year-over-year, wherein it surged from $10,695 to a little over $42,000. In comparison, shares…

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# SEC takes action against two meme stock wash traders

# SEC takes action against two meme stock wash traders

“# SEC takes action against two meme stock wash traders ” The U.S. Securities and Exchange Commission has filed a complaint against two Robinhood users over an alleged wash-trading-based arbitrage scheme that utilized meme stocks. According to a Sept. 27 complaint, defendants Suyun Gu and Yong Lee took advantage of differing trading fee schedules offered…

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