Stocktwits to Boost Crypto Coverage Following $30M Funding

Polygon ($MATIC)-based Trump Digital Trading Cards are currently being sold for over 0.59 ETH, or about $1,033, up from 0.33 ETH, or $578, last week. More than 735 Trump NFTs have been sold during that period, attracting 401 ether in trading volume, according to data from NFT marketplace OpenSea. The rally comes as reports suggest Trump could be indicted on charges stemming from an alleged hush money payment made to adult actress Stormy Daniels at the height of the 2016 election. https://www.beaxy.com/ In December 2020, the company raised $30 million in a Series B funding round led by Alameda Research Ventures, also owned by Bankman-Fried, pushing its valuation to $210 million. It entered mainstream prominence in 2021 as it joined other platforms such as Robinhood at the heart of the pandemic’s retail trading mania. Learn more about Consensus 2023, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3.

The company received the first Shorty Award in the 2008 finance category. Time magazine listed the company as one of its 2010 “50 best websites.” The company was also named one of the “top 10 most innovative companies in finance” in 2012 by FastCompany. By mid-2019, that figure had increased to 2 million, and the company premiered free online trading via an iOS app.

Stocktwits Launched Its Own Trading Platform

The equities trading option will only be available to iOS users initially, and will be followed by releases for the web and Android versions, Stocktwits said. Crypto trading was the first trading capability offered by the platform in February. •In stable periods S&P500 returns, VIX returns, and sentiment affect Bitcoin volatility. Twitter incorporated the cashtags into their platform in 2012 effectively “hijacking” the StockTwits idea. In response to this announcement, Lindzon blogged that “It’s interesting that Twitter has hijacked our creation of $TICKER i.e. $AAPL”.

BitDegree.org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. Before making financial investment decisions, do consult your financial advisor. Alameda Research Ventures led the round with participation by Times Bridge. The funding will go toward a geographic expansion that will start in India, adding products and services and expanding the asset class coverage – including crypto. M1 develops a personal finance platform, uniting individual perspectives with automated ease.

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Create an account or sign in to continue with your reading experience. Content featured on StockTwits can also be shared to the StockTwits extended network which includes sites such as Yahoo Finance and CNN Money. Users also have the ability to share content to their personal Twitter, LinkedIn and Facebook accounts. We’re #hiring a new Senior iOS Engineer in Medellín, Antioquia. Although StockTwits’ new alternative cryptocurrency dataset has very little history, it is extremely unique as there are even fewer data providers in this space than there are institutional research providers. 🪑 Donald Trump NFTs have seen a 30% increase in value over the past week.

• However, StockTwits has recently launched a unique alternative data set derived from the messages seen over its network pertaining to various crypto currencies.
• Content featured on StockTwits can also be shared to the StockTwits extended network which includes sites such as Yahoo Finance and CNN Money.
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• The company was founded in 2017 and is based in Vilnius, Lithuania.
• The company was founded in 2019 and is based in New York, New York.

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The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution. Stockezy is a social investing community designed to connect Indian Stock Market investors. The potential deal would continue the crypto exchange’s spree of high-profile sponsorships and investments.

Another interesting point about the previous StockTwits lists shows just how much interest in cryptocurrencies has surged in the almost two years since the original list was published. In September 2017, as the real bull market mania was about to kick in, the then-top three digital assets had just shy of 40,000 combined watchers. If you’re a user of the platform, follow us for the latest trending trends and market ideas from the BeInCrypto team. Public.com is an investing platform that helps people be better investors. Members can build a portfolio with any fractional asset — from stocks, ETFs, and crypto to NFTs, art, and collectibles. On Public, ownership unlocks an experience of content and education, relevant to their portfolio, created by a community of millions of investors, creators, and analysts.

The company empowers financial well-being with tools to invest, borrow, and spend with low-cost borrowing, high-interest checking, and high cashback Visa debit and credit card rewards. The company was founded in 2015 and is based in Chicago, Illinois. We do not give personalized investment advice or other financial advice.

Cryptocurrency exchange FTX has signed a series of splashy sports and entertainment deals this year. Now, according to multiple sources, FTX and its exuberant founder Sam Bankman-Fried are making a foray into media by taking a stake in Stocktwits, a popular social investing site. In February 2021, the same social network platform participated in short squeeze meme stocks. Hedge funds that purchased millions of short contracts against these equities lost billions of dollars.

In 2022, the Stocktwits platform added crypto and equities trading to the platform. A previous version of the top ten, published in September 2017 by StockTwits itself, showed a rather different group of assets as bitcoin stocktwits most popular. At the time, many digital tokens issued on other blockchains made it into the top ten. The likes of Golem , OmiseGo , and Civic have since failed to maintain the early interest surrounding them.

“You can show your community that you actually own the stock that you’re talking about and that will help build trust in the community,” said Rishi Khanna, the chief executive officer of Stocktwits. Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc. As of 2012 StockTwits has an open API allowing other sites such as TradingView, LikeAssets and HootSuite to integrate their users with StockTwits. In June 2016, StockTwits Inc. announced Ian Rosen, a co-founder of Even Financial and former general manager at MarketWatch, as chief executive officer. StockTwits received the first Shorty Award in the 2008 finance category.

Social media platform Stocktwits is launching a live trading feature amid the boom in retail investing. And first on its list of assets to be offered are cryptocurrencies, in partnership with Sam Bankman Fried’s FTX. Stocktwits has more than six million registered users BTC and one million monthly active users. It offers commission-free and fractional stock trading, which tend to entice individual investors that cannot shell out hefty per-share prices.

The company was founded in 2019 and is based in New York, New York. The StockTwits platform is the largest social network focused on stock and cryptocurrency prices and market sentiment. It can serve as an indicator about which investments are most popular among its users.

Head to consensus.coindesk.com to register and buy your pass now. Sponsorships involved the NBA team Miami HEAT, which has renamed its 19,000-capacity home court to the FTX Arena as part of a 19-year, $135 million deal. The same sources who broke the news of a deal say Stocktwits now holds a valuation of over $100 million. Meme stock” phenomenon of early 2021 brought even more users to the site, many of whom had never used it before. The deal, consisting of an initial investment of $20 million, would also give FTX the option to buy Stocktwits outright in the future, according to the report. FTX is reportedly in talks with Stocktwits over a $20 million investment XLM deal.

The platform offers its users access to a range of blockchain/DLT technologies, assisting clients to trade across multiple digital currency pairs. The company was founded in 2017 and is based in Vilnius, Lithuania. The idea for the company came from a 2008 blog post where Lindzon suggested that Twitter would be great for stocks and markets even though he once passed on the opportunity to invest in the company. Lindzon teamed up with Soren Macbeth to form the company in 2009. It allows users to draft a team of advisors to provide virtual portfolios, investment strategies, learning, and more through the game-based platform. The company was founded in 2019 and is based in Cleveland, Ohio.

Trading will directly be available on the platform through Stocktwits’s broker-dealer subsidiary, ST Invest LLC, and users can choose to make their trades public, the company said. In December 2018, Brian Norgard, former head of product at dating app Tinder, joined the board of directors of StockTwits to help the company expand into new areas of financial technology and media. In December 2017, Stocktwits announced its redesigned web and mobile sites with a new feature called Discover that provided user with important stock information, curated content and earnings calendars. The new capability will allow users to make trades while staying on the platform.

• The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice.
• We have a larger and more active community and facilitate more than just trading in US stocks and some crypto.
• A previous version of the top ten, published in September 2017 by StockTwits itself, showed a rather different group of assets as most popular.

The platform has so far focused on U.S. equities and its crypto support is mostly limited to channel pages filled with collected social media discussions filtered using specific hashtags. Stocktwits CEO Rishi Khanna said that “Alameda Research Ventures’ vast experience in crypto will truly be an advantage as our users continue to demand insight into the asset class.” Postmedia is committed to maintaining a lively but civil forum for discussion and encourage all readers to share their views on our articles. Comments may take up to an hour for moderation before appearing on the site. We have enabled email notifications—you will now receive an email if you receive a reply to your comment, there is an update to a comment thread you follow or if a user you follow comments.

The results suggest that Bitcoin volatility is more unstable in speculative periods. In stable periods, S&P 500 returns, VIX returns, and sentiment influence Bitcoin volatility. •Bitcoin investors pay attention to social network sentiment about the stock market. In October 2018, Stocktwits announced the launch of its Premium Rooms product at Stocktoberfest West, the company’s premier event held in Coronado, California. The new feature as a part of Rooms offers users unprecedented access to exclusive content, concepts, and analysis from top investors on a subscription basis. In August 2018, Stocktwits announced its launch of Rooms, a product that enables users to create new communities based on shared interests, specific stocks or trends affecting the markets.