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Edkoo

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2021-12-16

$SEA LTD(SE)$Staying zen

2021-12-16

Stay strong and sea on

These 2 High-Growth Stocks Could Power the Bull Market's Next Record Run

2021-12-03

$Sea Ltd(SE)$stay stronge people. Buy more…

2021-11-24

$Sea Ltd(SE)$Stay stronge sea people. We will pull through

2021-11-11

$Palantir Technologies Inc.(PLTR)$Is it the end??

2021-11-10

$Tiger Brokers(TIGR)$R u going to climb??

2021-11-10

$Tesla Motors(TSLA)$Ggwp u had ur time to shine

2021-11-09

$Tesla Motors(TSLA)$time to go down

2021-11-09

$SEA LTD(SE)$Nooo dun give up!!!

2021-11-04

$Sea Ltd(SE)$It’s a good day today

2021-11-03

$Riot Blockchain, Inc.(RIOT)$Is today the day you shoot for the moon?

2021-11-02

$SEA LTD(SE)$Next price target will be $380

2021-10-31

$Sea Ltd(SE)$Monday… good day… time to climb day…

2021-10-29

$Tiger Brokers(TIGR)$HODL

2021-10-29

$Apple(AAPL)$Time to collect more apples 🍎

2021-10-28

$Tiger Brokers(TIGR)$Is this the end???

2021-10-25

$SEA LTD(SE)$Diamond 💎 🙌 hands

2021-10-25

$Sea Ltd(SE)$Still 💎 🙌

2021-10-22

$Tesla Motors(TSLA)$To the moon 🌚

2021-10-22

$Tesla Motors(TSLA)$To the moon 🌚

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href=\"https://laohu8.com/S/SE\">$SEA LTD(SE)$</a>Staying zen","listText":"<a href=\"https://laohu8.com/S/SE\">$SEA LTD(SE)$</a>Staying zen","text":"$SEA LTD(SE)$Staying zen","images":[{"img":"https://static.tigerbbs.com/e2c63125bd17458360f51bbd7140565e","width":"1170","height":"2292"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/690143499","isVote":1,"tweetType":1,"viewCount":927,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":607711318,"gmtCreate":1639588161117,"gmtModify":1639588161229,"author":{"id":"3571553731131894","authorId":"3571553731131894","name":"Edkoo","avatar":"https://static.tigerbbs.com/b2e4ed1cfd0d4b6da6fb44059bfd8d4a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Stay strong and sea on","listText":"Stay strong and sea on","text":"Stay strong and sea on","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/607711318","repostId":"2191967036","repostType":2,"repost":{"id":"2191967036","pubTimestamp":1639571491,"share":"https://www.laohu8.com/m/news/2191967036?lang=&edition=full","pubTime":"2021-12-15 20:31","market":"us","language":"en","title":"These 2 High-Growth Stocks Could Power the Bull Market's Next Record Run","url":"https://stock-news.laohu8.com/highlight/detail?id=2191967036","media":"Motley Fool","summary":"These two winners have taken a breather, but they have the fundamentals to lead the market higher.","content":"<p>Growth stocks have fallen out of favor over the past month; many have dropped noticeably off highs, and investors are trying to figure out when there might be a rebound. But when things seem dark, winners often lead the comeback and take the market higher.</p>\n<p>These two stocks have been big winners since the pandemic lows in March 2020 and still have the growth and the fundamentals to continue pushing higher. They could power the market's next bull run.</p>\n<h2>Block</h2>\n<p>Money and how it moves between consumers and businesses is changing, and fintech company <b>Block</b>&nbsp;(NYSE:SQ) (formerly Square) is at the forefront of this evolution. Its point-of-sale (POS) terminals and software have empowered small businesses to accept digital payments more easily than ever, while its Cash App ecosystem is disrupting the traditional relationship between consumer and bank.</p>\n<p>Banks have been around for centuries and are built with outdated \"DNA,\" so to speak. They have physical branch locations that are expensive to operate and are slow to adopt change. The average bank spends a lot of money to acquire a new customer -- the amount can range as high as $1,500 to $2,000.</p>\n<p>Block is a digital business model; users need only download Cash App on their phones to access all of its features. The company can&nbsp;acquire customers for as little as $5, giving it a significant financial advantage over brick-and-mortar banks.</p>\n<p>The company tracks gross profit growth as its primary indicator of how the business is performing because <b>Bitcoin</b> trades on Cash App can distort revenue growth numbers. In third-quarter 2021, Block's gross profit grew 43% year over year to $1.13 billion, with the POS ecosystem and Cash App contributing nearly equal amounts.</p>\n<p>Cash App could become Block's primary business over the years to come; it recently opened up to teens in the U.S. aged 13-17, a demographic of roughly 20 million. Cash App is also aggressively marketed to millennials in an attempt to build a money relationship with individuals earlier on, so that it can pay off when they enter their prime earning years.</p>\n<p>Block is acquiring <b>Afterpay</b>, a Buy Now, Pay Later (BNPL) company, for $29 billion in stock to add as a function for Cash App users. It's another tool that could draw young users into the Cash App ecosystem. BNPL is a rapidly growing segment in consumer credit that could grow an estimated 15-fold from its current size by 2025.</p>\n<p>Block's stock is trading down near 52-week lows of $180, down more than 30% from its highs. The stock's price-to-sales (P/S) ratio is just over 5, its lowest since the height of the pandemic. However, I think this $78-billion market cap company is still fundamentally sound and successful enough to help power the indexes if it goes on a run.</p>\n<h2>Sea Limited</h2>\n<p>People in Southeast Asia are among the most internet-savvy globally,&nbsp;which has made it a goldmine for Singapore-based internet company <b>Sea Limited</b> (NYSE:SE). The company operates a three-headed business model that includes gaming, e-commerce, and fintech segments.</p>\n<p>Sea has grown revenue at an average of 71% per year over the past five years, driven by a Southeast Asia customer base of 670 million people who are young (50% of the population under 30) and spend an average of eight hours per day connected online.</p>\n<p>Its gaming segment created<i> Freefire</i>, one of the most popular mobile games in the world, and is the company's primary cash cow. In Sea's 2021 third quarter, the game brought in almost $1.1 billion in revenue, and $715 million of that turned into EBITDA (earnings before interest, taxes, depreciation, and amortization). The profitability of the gaming business helps fund investments in the non-profitable e-commerce and fintech segments.</p>\n<p>Investing its gaming profits into the business has enabled Sea Limited to aggressively expand into new markets like Latin America, Poland, and India. <i>Freefire</i> is also a great wedge; its popularity in these new markets helps Sea tie its e-commerce business to ads and promotions to gain customer traction.</p>\n<p>During the pandemic, Sea has been a massive winner, soaring from nearly $50 to as high as $372 before the recent pullback brought shares back down to around $222. Sea is just beginning to gain traction in these new markets, so the company could see continued great revenue growth for the foreseeable future. The stock has a market cap of $123 billion, hence why I believe Sea's strong growth could help push the market higher when it reaches new highs of its own.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>These 2 High-Growth Stocks Could Power the Bull Market's Next Record Run</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThese 2 High-Growth Stocks Could Power the Bull Market's Next Record Run\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-15 20:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/12/15/these-2-high-growth-stocks-could-power-the-bull-ma/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Growth stocks have fallen out of favor over the past month; many have dropped noticeably off highs, and investors are trying to figure out when there might be a rebound. But when things seem dark, ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/12/15/these-2-high-growth-stocks-could-power-the-bull-ma/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQ":"Block","SE":"Sea Ltd"},"source_url":"https://www.fool.com/investing/2021/12/15/these-2-high-growth-stocks-could-power-the-bull-ma/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2191967036","content_text":"Growth stocks have fallen out of favor over the past month; many have dropped noticeably off highs, and investors are trying to figure out when there might be a rebound. But when things seem dark, winners often lead the comeback and take the market higher.\nThese two stocks have been big winners since the pandemic lows in March 2020 and still have the growth and the fundamentals to continue pushing higher. They could power the market's next bull run.\nBlock\nMoney and how it moves between consumers and businesses is changing, and fintech company Block (NYSE:SQ) (formerly Square) is at the forefront of this evolution. Its point-of-sale (POS) terminals and software have empowered small businesses to accept digital payments more easily than ever, while its Cash App ecosystem is disrupting the traditional relationship between consumer and bank.\nBanks have been around for centuries and are built with outdated \"DNA,\" so to speak. They have physical branch locations that are expensive to operate and are slow to adopt change. The average bank spends a lot of money to acquire a new customer -- the amount can range as high as $1,500 to $2,000.\nBlock is a digital business model; users need only download Cash App on their phones to access all of its features. The company can acquire customers for as little as $5, giving it a significant financial advantage over brick-and-mortar banks.\nThe company tracks gross profit growth as its primary indicator of how the business is performing because Bitcoin trades on Cash App can distort revenue growth numbers. In third-quarter 2021, Block's gross profit grew 43% year over year to $1.13 billion, with the POS ecosystem and Cash App contributing nearly equal amounts.\nCash App could become Block's primary business over the years to come; it recently opened up to teens in the U.S. aged 13-17, a demographic of roughly 20 million. Cash App is also aggressively marketed to millennials in an attempt to build a money relationship with individuals earlier on, so that it can pay off when they enter their prime earning years.\nBlock is acquiring Afterpay, a Buy Now, Pay Later (BNPL) company, for $29 billion in stock to add as a function for Cash App users. It's another tool that could draw young users into the Cash App ecosystem. BNPL is a rapidly growing segment in consumer credit that could grow an estimated 15-fold from its current size by 2025.\nBlock's stock is trading down near 52-week lows of $180, down more than 30% from its highs. The stock's price-to-sales (P/S) ratio is just over 5, its lowest since the height of the pandemic. However, I think this $78-billion market cap company is still fundamentally sound and successful enough to help power the indexes if it goes on a run.\nSea Limited\nPeople in Southeast Asia are among the most internet-savvy globally, which has made it a goldmine for Singapore-based internet company Sea Limited (NYSE:SE). The company operates a three-headed business model that includes gaming, e-commerce, and fintech segments.\nSea has grown revenue at an average of 71% per year over the past five years, driven by a Southeast Asia customer base of 670 million people who are young (50% of the population under 30) and spend an average of eight hours per day connected online.\nIts gaming segment created Freefire, one of the most popular mobile games in the world, and is the company's primary cash cow. In Sea's 2021 third quarter, the game brought in almost $1.1 billion in revenue, and $715 million of that turned into EBITDA (earnings before interest, taxes, depreciation, and amortization). The profitability of the gaming business helps fund investments in the non-profitable e-commerce and fintech segments.\nInvesting its gaming profits into the business has enabled Sea Limited to aggressively expand into new markets like Latin America, Poland, and India. Freefire is also a great wedge; its popularity in these new markets helps Sea tie its e-commerce business to ads and promotions to gain customer traction.\nDuring the pandemic, Sea has been a massive winner, soaring from nearly $50 to as high as $372 before the recent pullback brought shares back down to around $222. Sea is just beginning to gain traction in these new markets, so the company could see continued great revenue growth for the foreseeable future. The stock has a market cap of $123 billion, hence why I believe Sea's strong growth could help push the market higher when it reaches new highs of its own.","news_type":1},"isVote":1,"tweetType":1,"viewCount":713,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":601568514,"gmtCreate":1638543153112,"gmtModify":1638543153216,"author":{"id":"3571553731131894","authorId":"3571553731131894","name":"Edkoo","avatar":"https://static.tigerbbs.com/b2e4ed1cfd0d4b6da6fb44059bfd8d4a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SE\">$Sea Ltd(SE)$</a>stay stronge people. Buy more…","listText":"<a href=\"https://laohu8.com/S/SE\">$Sea Ltd(SE)$</a>stay stronge people. Buy more…","text":"$Sea Ltd(SE)$stay stronge people. Buy more…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":1,"link":"https://laohu8.com/post/601568514","isVote":1,"tweetType":1,"viewCount":917,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":874605145,"gmtCreate":1637764490093,"gmtModify":1637764490093,"author":{"id":"3571553731131894","authorId":"3571553731131894","name":"Edkoo","avatar":"https://static.tigerbbs.com/b2e4ed1cfd0d4b6da6fb44059bfd8d4a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SE\">$Sea Ltd(SE)$</a>Stay stronge sea people. We will pull through","listText":"<a href=\"https://laohu8.com/S/SE\">$Sea Ltd(SE)$</a>Stay stronge sea people. We will pull through","text":"$Sea Ltd(SE)$Stay stronge sea people. We will pull through","images":[{"img":"https://static.tigerbbs.com/312ee07141b3b8f4a3c26812d11615c5","width":"1125","height":"3609"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/874605145","isVote":1,"tweetType":1,"viewCount":876,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":870138360,"gmtCreate":1636592333635,"gmtModify":1636592333698,"author":{"id":"3571553731131894","authorId":"3571553731131894","name":"Edkoo","avatar":"https://static.tigerbbs.com/b2e4ed1cfd0d4b6da6fb44059bfd8d4a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>Is it the end??","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>Is it the end??","text":"$Palantir Technologies Inc.(PLTR)$Is it the 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We will pull through","listText":"<a href=\"https://laohu8.com/S/SE\">$Sea Ltd(SE)$</a>Stay stronge sea people. We will pull through","text":"$Sea Ltd(SE)$Stay stronge sea people. We will pull through","images":[{"img":"https://static.tigerbbs.com/312ee07141b3b8f4a3c26812d11615c5","width":"1125","height":"3609"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/874605145","isVote":1,"tweetType":1,"viewCount":876,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":380716897,"gmtCreate":1612589191619,"gmtModify":1703763880672,"author":{"id":"3571553731131894","authorId":"3571553731131894","name":"Edkoo","avatar":"https://static.tigerbbs.com/b2e4ed1cfd0d4b6da6fb44059bfd8d4a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Earn in the expense of the globe [流泪]&nbsp;","listText":"Earn in the expense of the globe [流泪]&nbsp;","text":"Earn in the expense of the globe [流泪]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/380716897","repostId":"1161551882","repostType":4,"repost":{"id":"1161551882","pubTimestamp":1612518988,"share":"https://www.laohu8.com/m/news/1161551882?lang=&edition=full","pubTime":"2021-02-05 17:56","market":"fut","language":"en","title":"Bitcoin's wild ride renews worries about its massive carbon footprint","url":"https://stock-news.laohu8.com/highlight/detail?id=1161551882","media":"cnbc","summary":"KEY POINTS\n\nBitcoin has a carbon footprint comparable to that of New Zealand, producing 36.95 megato","content":"<div>\n<p>KEY POINTS\n\nBitcoin has a carbon footprint comparable to that of New Zealand, producing 36.95 megatons of CO2 annually, according to Digiconomist.\nThe cryptocurrency consumes more electricity than the...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/05/bitcoin-btc-surge-renews-worries-about-its-massive-carbon-footprint.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin's wild ride renews worries about its massive carbon footprint</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin's wild ride renews worries about its massive carbon footprint\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-05 17:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/02/05/bitcoin-btc-surge-renews-worries-about-its-massive-carbon-footprint.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nBitcoin has a carbon footprint comparable to that of New Zealand, producing 36.95 megatons of CO2 annually, according to Digiconomist.\nThe cryptocurrency consumes more electricity than the...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/05/bitcoin-btc-surge-renews-worries-about-its-massive-carbon-footprint.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/683b0ebafc925391c935f27da1a18832","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/02/05/bitcoin-btc-surge-renews-worries-about-its-massive-carbon-footprint.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1161551882","content_text":"KEY POINTS\n\nBitcoin has a carbon footprint comparable to that of New Zealand, producing 36.95 megatons of CO2 annually, according to Digiconomist.\nThe cryptocurrency consumes more electricity than the entire annual energy consumption of the Netherlands, Cambridge University researchers say.\nCritics say there are alternative tokens that consume far less power, while bulls argue disputes about bitcoin's environmental impact miss the point.\n\nLONDON —Bitcoin'sprice isn't the only thing surging lately — the amount of electricity it consumes is also on the rise.\nThe cryptocurrency has for years alarmed experts due to the sheer level of energy required by so-called miners, which release new coins into circulation.\nBitcoin has a carbon footprint comparable to that of New Zealand, producing 36.95 megatons of CO2 annually, according to Digiconomist’sBitcoin Energy Consumption Index, an online tool created by data scientist Alex de Vries. It consumes as much power as Chile — around 77.78 TWh — according to Digonomist’s estimates.\nTheCambridge Bitcoin Electricity Consumption Index, a separate tool from researchers at Cambridge University, shows a much larger figure of 110.53 TWh — more than the entire annual energy consumption of the Netherlands.\n“That’s an unfathomable amount of electricity,” said Charles Hoskinson, a cryptocurrency entrepreneur who co-founded Ethereum, the blockchain network underpinningether, the world’s second-most valuable digital coin.\nBitcoin’s energy needs are “enormously large,” Michel Rauchs, research affiliate at the Cambridge Centre for Alternative Finance, told CNBC.It accounts for around 0.5% of total global electricity consumption, according to the Cambridge researchers’ estimates.\n“Although we agree the amounts are ludicrous right now, that is still half as much as inactive home appliances in the U.S. consumed,” Rauchs said. The amount of energy wasted on idle home devices like phone chargers and microwaves in the U.S.could power the bitcoin network for two years.\nWhy does bitcoin consume so much energy?\nBitcoin isn’t controlled by any single authority — like a central bank — but a disparate network of computers. So-called “miners” run purpose-built computers which compete to solve complex math puzzles in order to make a transaction go through.\nThe blockchain — a digital ledger of all bitcoin transactions — is designed this way to ensure that users aren’t able to “double spend” funds, a flaw in which the same digital token could be spent more than once. Each block that is added onto the chain carries a hard, cryptographic reference to the previous block. Proponents of bitcoin say this makes it extremely secure.\nBut bitcoin miners do not run this operation for free. A key incentive of bitcoin’s model, known as “proof of work,” is the promise of being rewarded in some bitcoin if you manage to solve the complex hashing algorithm.\n“The issue is, it can never get better by design,” says Hoskinson, who now runs IOHK, a blockchain firm that developed another digital token called cardano.\n“The more successful bitcoin gets, the higher the price goes; the higher the price goes, the more competition for bitcoin; and thus the more energy is expended to mine.”\nCardano and some other digital coins rely on a “proof of stake” consensus mechanism, where participants buy tokens which allow them to join the network. Hoskinson says the cardano cryptocurrency network consumes only 6 GWh of power, a tiny fraction of bitcoin’s energy consumption. Similar proof-of-stake tokens include polkadot and algorand, he added.\nRauchs said bitcoin is only likely to consume more and more electricity over time due to its proof of work mechanism.\n“It doesn’t really matter whether there are new, more efficient machines on the market,” Rauchs said. “You will just use more and more machines but the total electricity consumption won’t go down based off of that.”\nA key measure of bitcoin’s mining difficultyhit an all-time highlast month. With bitcoin rising in price,revenue to miners is also increasing, incentivizing more participants to mine the cryptocurrency.\nThe counterargument\nNevertheless, bitcoin believers argue that disputes about its environmental impact are missing the point.\n“Energy use in itself is not bad,” Meltem Demirors, chief strategy officer of digital asset management firm CoinShares, told CNBC. “Sending and storing emails uses energy. Yet, we don’t infer email to be bad because it consumes energy.”\n“What we have here is people trying to decide what is or is not a good use of energy, and bitcoin is incredibly transparent in its energy use while other industries are much more opaque.”\nDemirors questioned why the banking industry, for instance, wasn’t under more scrutiny for its energy usage. She said bitcoin miners were “incentivized to use renewables” because it’s getting cheaper to produce it.\nBut most bitcoin mining facilities are located in China, which is still heavily reliant on coal-based power. Though the Chinese province of Sichuan is known to attract miners due to its cheap electricity and rich hydropower resources, the level of power generation capacity fluctuates depending on the season.\nThen there’s the question of how bitcoin is used. Many investors today consider bitcoin to be a form of “digital gold” rather than an efficient payment system — Digiconomist estimates that the energy footprint of one bitcoin transaction is equivalent to 100,000 payments on theVisanetwork.\nThe cryptocurrency more than quadrupled in value last year and is up another 27% so far this year,according to Coin Metrics, currently trading at about $37,189.\nAndrew Hatton, head of IT at Greenpeace U.K., said the larger issue at hand is that “we’re largely powering 21st-century technology with 19th-century energy sources.”\n“Bitcoin’s spiralling energy usage is largely down to the huge amount of data-crunching needed to create and maintain this cyber-currency,” Hatton told CNBC. “But their fast-growing hunger for electricity is just an early symptom of a much bigger problem to come.”\n“As online services become bigger and more complex, the demand for computing power is bound to go up over the next few years, and that will require more energy,” he added. “The problem is that only about a fifth of the electricity used in the world’s data centres comes from renewable sources, and that’s not good enough.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":24,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":870138360,"gmtCreate":1636592333635,"gmtModify":1636592333698,"author":{"id":"3571553731131894","authorId":"3571553731131894","name":"Edkoo","avatar":"https://static.tigerbbs.com/b2e4ed1cfd0d4b6da6fb44059bfd8d4a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>Is it the end??","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>Is it the end??","text":"$Palantir Technologies Inc.(PLTR)$Is it the end??","images":[{"img":"https://static.tigerbbs.com/b68a0f655ed526d2ebf301870f4ad2b3","width":"1125","height":"4263"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/870138360","isVote":1,"tweetType":1,"viewCount":528,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":857027776,"gmtCreate":1635497166163,"gmtModify":1635497166403,"author":{"id":"3571553731131894","authorId":"3571553731131894","name":"Edkoo","avatar":"https://static.tigerbbs.com/b2e4ed1cfd0d4b6da6fb44059bfd8d4a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>Time to collect more apples 🍎&nbsp;","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>Time to collect more apples 🍎&nbsp;","text":"$Apple(AAPL)$Time to collect more apples 🍎","images":[{"img":"https://static.tigerbbs.com/f26324ede55ba1990535d3734225b61e","width":"1125","height":"4176"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/857027776","isVote":1,"tweetType":1,"viewCount":192,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":844156751,"gmtCreate":1636413126900,"gmtModify":1636413136202,"author":{"id":"3571553731131894","authorId":"3571553731131894","name":"Edkoo","avatar":"https://static.tigerbbs.com/b2e4ed1cfd0d4b6da6fb44059bfd8d4a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>time to go down&nbsp;","listText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>time to go down&nbsp;","text":"$Tesla Motors(TSLA)$time to go down","images":[{"img":"https://static.tigerbbs.com/b07a154bfaebc59f98ed61bbdf1e82d2","width":"1125","height":"4003"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/844156751","isVote":1,"tweetType":1,"viewCount":477,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":840574550,"gmtCreate":1635666200526,"gmtModify":1635666200632,"author":{"id":"3571553731131894","authorId":"3571553731131894","name":"Edkoo","avatar":"https://static.tigerbbs.com/b2e4ed1cfd0d4b6da6fb44059bfd8d4a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SE\">$Sea Ltd(SE)$</a>Monday… good day… time to climb day…","listText":"<a href=\"https://laohu8.com/S/SE\">$Sea Ltd(SE)$</a>Monday… good day… time to climb day…","text":"$Sea Ltd(SE)$Monday… good day… time to climb day…","images":[{"img":"https://static.tigerbbs.com/fb631a56ec1e04d759831c5778ddeea1","width":"1125","height":"4090"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/840574550","isVote":1,"tweetType":1,"viewCount":187,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":854169948,"gmtCreate":1635428466512,"gmtModify":1635428776581,"author":{"id":"3571553731131894","authorId":"3571553731131894","name":"Edkoo","avatar":"https://static.tigerbbs.com/b2e4ed1cfd0d4b6da6fb44059bfd8d4a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Is this the end???","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Is this the end???","text":"$Tiger Brokers(TIGR)$Is this the end???","images":[{"img":"https://static.tigerbbs.com/a5b805ea4d6b7949307b66778585b836","width":"1170","height":"2292"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/854169948","isVote":1,"tweetType":1,"viewCount":245,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":856971153,"gmtCreate":1635147044757,"gmtModify":1635147044956,"author":{"id":"3571553731131894","authorId":"3571553731131894","name":"Edkoo","avatar":"https://static.tigerbbs.com/b2e4ed1cfd0d4b6da6fb44059bfd8d4a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SE\">$SEA LTD(SE)$</a>Diamond 💎 🙌 hands&nbsp;","listText":"<a href=\"https://laohu8.com/S/SE\">$SEA LTD(SE)$</a>Diamond 💎 🙌 hands&nbsp;","text":"$SEA LTD(SE)$Diamond 💎 🙌 hands","images":[{"img":"https://static.tigerbbs.com/282bbae45ef0a6582482b96a5a1883d6","width":"1170","height":"2292"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/856971153","isVote":1,"tweetType":1,"viewCount":197,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":856971997,"gmtCreate":1635147020500,"gmtModify":1635147020697,"author":{"id":"3571553731131894","authorId":"3571553731131894","name":"Edkoo","avatar":"https://static.tigerbbs.com/b2e4ed1cfd0d4b6da6fb44059bfd8d4a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SE\">$Sea Ltd(SE)$</a>Still 💎 🙌&nbsp;","listText":"<a href=\"https://laohu8.com/S/SE\">$Sea Ltd(SE)$</a>Still 💎 🙌&nbsp;","text":"$Sea Ltd(SE)$Still 💎 🙌","images":[{"img":"https://static.tigerbbs.com/2f9c7303c574c35a8a33a71cb50e7e95","width":"1125","height":"4090"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/856971997","isVote":1,"tweetType":1,"viewCount":191,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":850887542,"gmtCreate":1634571494731,"gmtModify":1634571495885,"author":{"id":"3571553731131894","authorId":"3571553731131894","name":"Edkoo","avatar":"https://static.tigerbbs.com/b2e4ed1cfd0d4b6da6fb44059bfd8d4a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SE\">$SEA LTD(SE)$</a>Diamond 💎 hands 🙌 all the way","listText":"<a href=\"https://laohu8.com/S/SE\">$SEA LTD(SE)$</a>Diamond 💎 hands 🙌 all the way","text":"$SEA LTD(SE)$Diamond 💎 hands 🙌 all the way","images":[{"img":"https://static.tigerbbs.com/acaff86ede32b4268ed72b7bcfc09d11","width":"1170","height":"2292"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850887542","isVote":1,"tweetType":1,"viewCount":17,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":387174800,"gmtCreate":1613732306400,"gmtModify":1634552461849,"author":{"id":"3571553731131894","authorId":"3571553731131894","name":"Edkoo","avatar":"https://static.tigerbbs.com/b2e4ed1cfd0d4b6da6fb44059bfd8d4a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Birds of a feather flock together. The rich will only side with the rich. Excuses excuses excuses. How many times have we heard them saying it’s for our own protection but the only thing they are truly protecting is Each other’s pockets. Let’s face it. The stock market was never a fair market place in the first place. The sooner we accept this the better. [流泪]&nbsp;","listText":"Birds of a feather flock together. The rich will only side with the rich. Excuses excuses excuses. How many times have we heard them saying it’s for our own protection but the only thing they are truly protecting is Each other’s pockets. Let’s face it. The stock market was never a fair market place in the first place. The sooner we accept this the better. [流泪]&nbsp;","text":"Birds of a feather flock together. The rich will only side with the rich. Excuses excuses excuses. How many times have we heard them saying it’s for our own protection but the only thing they are truly protecting is Each other’s pockets. Let’s face it. The stock market was never a fair market place in the first place. The sooner we accept this the better. [流泪]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/387174800","repostId":"1185112339","repostType":4,"repost":{"id":"1185112339","pubTimestamp":1613703936,"share":"https://www.laohu8.com/m/news/1185112339?lang=&edition=full","pubTime":"2021-02-19 11:05","market":"us","language":"en","title":"Robinhood, Citadel fight conspiracies ahead of GameStop grilling","url":"https://stock-news.laohu8.com/highlight/detail?id=1185112339","media":"Bloomberg","summary":"[WASHINGTON] Robinhood Markets and Citadel, central players in the GameStop saga that riveted market","content":"<p>[WASHINGTON] Robinhood Markets and Citadel, central players in the GameStop saga that riveted markets last month, plan to deliver a unified message to US lawmakers Thursday: conspiracies swirling in Washington that they worked together to harm retail investors are categorically false.</p>\n<p>Robinhood chief executive officer Vlad Tenev, whose firm has faced a barrage of questions into whether hedge funds such as Citadel ordered it to prevent customers from adding to their GameStop bets, called such claims \"market-distorting rhetoric\".</p>\n<p>Robinhood halted trades due to demands from its clearinghouse that it post more capital to deal with increased risk, he said in written testimony for a hearing before the House Financial Services Committee.</p>\n<p>Ken Griffin, Citadel's billionaire founder, said in his prepared remarks that he learned Robinhood had barred GameStop buy orders after the restrictions were publicly announced.</p>\n<p>\"I want to be perfectly clear: we had no role in Robinhood's decision to limit trading in GameStop or any other of the 'meme' stocks,\" said Mr Griffin, whose financial empire includes a hedge fund and massive market-maker Citadel Securities.</p>\n<p>Digging into the relationship between Robinhood and Citadel has been a focal point for lawmakers since small-time investors revolted in January after Robinhood temporarily blocked their push to drive GameStop and other stocks to the stratosphere.</p>\n<p>Citadel Securities pays Robinhood for the right to execute its customers' orders, and a theory that gained traction on social media is that Mr Griffin's market-maker leaned on Mr Tenev's brokerage to benefit Citadel's hedge fund - an assertion both firms have repeatedly rejected.</p>\n<p>Thursday's hearing, still expected to be full of drama and tense moments even though its virtual, will offer members of Congress their first chance to grill the executives on frenzied trading that triggered alarm bells from Wall Street to Capitol Hill.</p>\n<p>Chairwoman Maxine Waters, a California Democrat, has said she wants to scrutinise all the players involved to assess whether Washington needs to curtail the influence of hedge funds and strengthen guardrails for retail investors.</p>\n<p>Gabe Plotkin, a hedge fund manager whose firm took heavy losses during last month's Reddit-fuelled trading, plans to tell Congress that he was \"humbled\" by the experience.</p>\n<p>\"Melvin Capital played absolutely no role\" in the decisions of trading platforms to limit the buying and selling of GameStop shares, according to Mr Plotkin's written testimony. \"In fact, Melvin closed out all of its positions in GameStop days before platforms put those limitations in place.\"</p>\n<p>'DIFFICULT TIME'</p>\n<p>Mr Plotkin used his testimony to clarify that Melvin Capital wasn't \"bailed out\" by the US$2.75 billion it received from Citadel, Point72 Asset Management and others last month.</p>\n<p>Even though the firm was going through a \"difficult time\", it always had adequate funding and wasn't seeking a cash injection. Citadel proactively reached out to become an investor, seeing it as an opportunity to \"buy low\", Mr Plotkin said in his remarks.</p>\n<p>Melvin Capital lost billions closing out its GameStop position and reducing other wagers. The firm's assets fell to about US$8 billion in January after starting the year with US$12.5 billion.</p>\n<p>Keith Gill, a Reddit user known as \"Roaring Kitty\" who is credited with inspiring GameStop's rally, will testify that he was merely an individual investor using public information to study companies.</p>\n<p>Mr Gill, one of the most influential participants pushing GameStop on the WallStreetBets Reddit forum, was sued this week in Massachusetts for misrepresenting himself as an amateur investor and profiting by artificially inflating the price of the stock.</p>\n<p>\"I did not solicit anyone to buy or sell the stock for my own profit,\" Mr Gill said in his testimony. \"I did not belong to any groups trying to create movements in the stock price. I never had a financial relationship with any hedge fund. I had no information about GameStop except what was public. I did not know any people inside the company, and I never spoke to any insider.\"</p>\n<p>Jennifer Schulp, director of financial regulation studies at Cato Institute and a late addition to the hearing's lineup of speakers, will testify that rule changes may not be warranted in light of the minimal impact on markets. \"By no means, though, should the GameStop phenomenon result in changes that restrict retail investors' access to the markets,\" she said.</p>\n<p>In his testimony, Mr Tenev described the morning of Jan 28, when the brokerage halted purchases of GameStop and other \"meme stocks\". At 5.11am, the industry's clearinghouse - a body that manages system-wide risk - demanded a deposit of more than US$1 billion from Robinhood, he said.</p>\n<p>Because the sum demanded was even larger than the amount of net capital the online brokerage had on hand, an additional charge of US$2.2 billion was slapped on top, bringing the total amount due to about US$3 billion. Robinhood complied with its net capital requirements at all times during this period, the company says.</p>\n<p>Around 7.30am, in a scramble to meet the requirements, Robinhood decided to stop customers from buying GameStop and other volatile stocks. The clearinghouse then agreed to waive the entire US$2.2 billion charge it had initially added, according to Mr Tenev's account. With an additional US$737 million deposit that morning, combined with the amount Robinhood had already posted at the clearinghouse, the broker met its requirements for that day.</p>\n<p>To help prevent last month's events from happening again, Robinhood has called on regulators to make the settlement period for stock trades instantaneous. Citadel's Mr Griffin also called for a shorter settlement time.</p>\n<p>Mr Griffin said the current two-day requirement \"exposes firms to more risk in the time between execution and settlement, requiring higher capital levels\". He also advised that clearinghouse capital requirements be made more transparent.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Robinhood, Citadel fight conspiracies ahead of GameStop grilling</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRobinhood, Citadel fight conspiracies ahead of GameStop grilling\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-19 11:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/banking-finance/robinhood-citadel-fight-conspiracies-ahead-of-gamestop-grilling><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>[WASHINGTON] Robinhood Markets and Citadel, central players in the GameStop saga that riveted markets last month, plan to deliver a unified message to US lawmakers Thursday: conspiracies swirling in ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/banking-finance/robinhood-citadel-fight-conspiracies-ahead-of-gamestop-grilling\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.businesstimes.com.sg/banking-finance/robinhood-citadel-fight-conspiracies-ahead-of-gamestop-grilling","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1185112339","content_text":"[WASHINGTON] Robinhood Markets and Citadel, central players in the GameStop saga that riveted markets last month, plan to deliver a unified message to US lawmakers Thursday: conspiracies swirling in Washington that they worked together to harm retail investors are categorically false.\nRobinhood chief executive officer Vlad Tenev, whose firm has faced a barrage of questions into whether hedge funds such as Citadel ordered it to prevent customers from adding to their GameStop bets, called such claims \"market-distorting rhetoric\".\nRobinhood halted trades due to demands from its clearinghouse that it post more capital to deal with increased risk, he said in written testimony for a hearing before the House Financial Services Committee.\nKen Griffin, Citadel's billionaire founder, said in his prepared remarks that he learned Robinhood had barred GameStop buy orders after the restrictions were publicly announced.\n\"I want to be perfectly clear: we had no role in Robinhood's decision to limit trading in GameStop or any other of the 'meme' stocks,\" said Mr Griffin, whose financial empire includes a hedge fund and massive market-maker Citadel Securities.\nDigging into the relationship between Robinhood and Citadel has been a focal point for lawmakers since small-time investors revolted in January after Robinhood temporarily blocked their push to drive GameStop and other stocks to the stratosphere.\nCitadel Securities pays Robinhood for the right to execute its customers' orders, and a theory that gained traction on social media is that Mr Griffin's market-maker leaned on Mr Tenev's brokerage to benefit Citadel's hedge fund - an assertion both firms have repeatedly rejected.\nThursday's hearing, still expected to be full of drama and tense moments even though its virtual, will offer members of Congress their first chance to grill the executives on frenzied trading that triggered alarm bells from Wall Street to Capitol Hill.\nChairwoman Maxine Waters, a California Democrat, has said she wants to scrutinise all the players involved to assess whether Washington needs to curtail the influence of hedge funds and strengthen guardrails for retail investors.\nGabe Plotkin, a hedge fund manager whose firm took heavy losses during last month's Reddit-fuelled trading, plans to tell Congress that he was \"humbled\" by the experience.\n\"Melvin Capital played absolutely no role\" in the decisions of trading platforms to limit the buying and selling of GameStop shares, according to Mr Plotkin's written testimony. \"In fact, Melvin closed out all of its positions in GameStop days before platforms put those limitations in place.\"\n'DIFFICULT TIME'\nMr Plotkin used his testimony to clarify that Melvin Capital wasn't \"bailed out\" by the US$2.75 billion it received from Citadel, Point72 Asset Management and others last month.\nEven though the firm was going through a \"difficult time\", it always had adequate funding and wasn't seeking a cash injection. Citadel proactively reached out to become an investor, seeing it as an opportunity to \"buy low\", Mr Plotkin said in his remarks.\nMelvin Capital lost billions closing out its GameStop position and reducing other wagers. The firm's assets fell to about US$8 billion in January after starting the year with US$12.5 billion.\nKeith Gill, a Reddit user known as \"Roaring Kitty\" who is credited with inspiring GameStop's rally, will testify that he was merely an individual investor using public information to study companies.\nMr Gill, one of the most influential participants pushing GameStop on the WallStreetBets Reddit forum, was sued this week in Massachusetts for misrepresenting himself as an amateur investor and profiting by artificially inflating the price of the stock.\n\"I did not solicit anyone to buy or sell the stock for my own profit,\" Mr Gill said in his testimony. \"I did not belong to any groups trying to create movements in the stock price. I never had a financial relationship with any hedge fund. I had no information about GameStop except what was public. I did not know any people inside the company, and I never spoke to any insider.\"\nJennifer Schulp, director of financial regulation studies at Cato Institute and a late addition to the hearing's lineup of speakers, will testify that rule changes may not be warranted in light of the minimal impact on markets. \"By no means, though, should the GameStop phenomenon result in changes that restrict retail investors' access to the markets,\" she said.\nIn his testimony, Mr Tenev described the morning of Jan 28, when the brokerage halted purchases of GameStop and other \"meme stocks\". At 5.11am, the industry's clearinghouse - a body that manages system-wide risk - demanded a deposit of more than US$1 billion from Robinhood, he said.\nBecause the sum demanded was even larger than the amount of net capital the online brokerage had on hand, an additional charge of US$2.2 billion was slapped on top, bringing the total amount due to about US$3 billion. Robinhood complied with its net capital requirements at all times during this period, the company says.\nAround 7.30am, in a scramble to meet the requirements, Robinhood decided to stop customers from buying GameStop and other volatile stocks. The clearinghouse then agreed to waive the entire US$2.2 billion charge it had initially added, according to Mr Tenev's account. With an additional US$737 million deposit that morning, combined with the amount Robinhood had already posted at the clearinghouse, the broker met its requirements for that day.\nTo help prevent last month's events from happening again, Robinhood has called on regulators to make the settlement period for stock trades instantaneous. Citadel's Mr Griffin also called for a shorter settlement time.\nMr Griffin said the current two-day requirement \"exposes firms to more risk in the time between execution and settlement, requiring higher capital levels\". He also advised that clearinghouse capital requirements be made more transparent.","news_type":1},"isVote":1,"tweetType":1,"viewCount":31,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":317793539,"gmtCreate":1612483485221,"gmtModify":1703762473824,"author":{"id":"3571553731131894","authorId":"3571553731131894","name":"Edkoo","avatar":"https://static.tigerbbs.com/b2e4ed1cfd0d4b6da6fb44059bfd8d4a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[财迷]&nbsp;","listText":"[财迷]&nbsp;","text":"[财迷]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/317793539","repostId":"1180680925","repostType":4,"repost":{"id":"1180680925","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1612433405,"share":"https://www.laohu8.com/m/news/1180680925?lang=&edition=full","pubTime":"2021-02-04 18:10","market":"us","language":"en","title":"Elon Musk, back on Twitter, turns his support to Dogecoin","url":"https://stock-news.laohu8.com/highlight/detail?id=1180680925","media":"Reuters","summary":"LONDON (Reuters) - Cryptocurrency Dogecoin surged more than 50% on Thursday after billionaire entrep","content":"<p>LONDON (Reuters) - Cryptocurrency Dogecoin surged more than 50% on Thursday after billionaire entrepreneur Elon Musk tweeted his support for it, two days after he said he was to take a break from Twitter “for a while”.</p>\n<p>Dogecoin jumped to $0.05798 according to data on blockchain and cryptocurrency website Coindesk. Musk first tweeted “Doge” and immediately followed it up with “Dogecoin is the people’s crypto”.</p>\n<p>The Tesla chief’s tweets about certain companies and cryptocurrencies have sent their prices soaring in recent weeks. Shares in GameStop, Etsy and CD Projekt have jumped following comments on his Twitter account about them.</p>\n<p>In the crypto world, him putting a “#bitcoin” tag on his Twitter bio sent the most popular currency flying last Friday. He has since taken the tag off.</p>\n<p>Meanwhile, rival cryptocurrency ethereum is also on a record setting spree as investors buy it before the launch of ethereum futures on the Chicago Mercantile Exchange next week.</p>\n<p>Ethereum rose to record high of $1,698.56 before giving up some of those gains to trade 2.7% lower in early london trading. Bitcoin, the most popular crypto currency, also fell 1.2% to $37,184.</p>\n<p>Cryptocurrencies are gaining traction with more mainstream investors. The euphoria boosted the total market value of all cryptocurrencies above $1 trillion for the first time earlier in January.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Elon Musk, back on Twitter, turns his support to Dogecoin</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nElon Musk, back on Twitter, turns his support to Dogecoin\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-02-04 18:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>LONDON (Reuters) - Cryptocurrency Dogecoin surged more than 50% on Thursday after billionaire entrepreneur Elon Musk tweeted his support for it, two days after he said he was to take a break from Twitter “for a while”.</p>\n<p>Dogecoin jumped to $0.05798 according to data on blockchain and cryptocurrency website Coindesk. Musk first tweeted “Doge” and immediately followed it up with “Dogecoin is the people’s crypto”.</p>\n<p>The Tesla chief’s tweets about certain companies and cryptocurrencies have sent their prices soaring in recent weeks. Shares in GameStop, Etsy and CD Projekt have jumped following comments on his Twitter account about them.</p>\n<p>In the crypto world, him putting a “#bitcoin” tag on his Twitter bio sent the most popular currency flying last Friday. He has since taken the tag off.</p>\n<p>Meanwhile, rival cryptocurrency ethereum is also on a record setting spree as investors buy it before the launch of ethereum futures on the Chicago Mercantile Exchange next week.</p>\n<p>Ethereum rose to record high of $1,698.56 before giving up some of those gains to trade 2.7% lower in early london trading. Bitcoin, the most popular crypto currency, also fell 1.2% to $37,184.</p>\n<p>Cryptocurrencies are gaining traction with more mainstream investors. The euphoria boosted the total market value of all cryptocurrencies above $1 trillion for the first time earlier in January.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/e0047c74fb5c8ae09f918005be0161c9","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180680925","content_text":"LONDON (Reuters) - Cryptocurrency Dogecoin surged more than 50% on Thursday after billionaire entrepreneur Elon Musk tweeted his support for it, two days after he said he was to take a break from Twitter “for a while”.\nDogecoin jumped to $0.05798 according to data on blockchain and cryptocurrency website Coindesk. Musk first tweeted “Doge” and immediately followed it up with “Dogecoin is the people’s crypto”.\nThe Tesla chief’s tweets about certain companies and cryptocurrencies have sent their prices soaring in recent weeks. Shares in GameStop, Etsy and CD Projekt have jumped following comments on his Twitter account about them.\nIn the crypto world, him putting a “#bitcoin” tag on his Twitter bio sent the most popular currency flying last Friday. He has since taken the tag off.\nMeanwhile, rival cryptocurrency ethereum is also on a record setting spree as investors buy it before the launch of ethereum futures on the Chicago Mercantile Exchange next week.\nEthereum rose to record high of $1,698.56 before giving up some of those gains to trade 2.7% lower in early london trading. Bitcoin, the most popular crypto currency, also fell 1.2% to $37,184.\nCryptocurrencies are gaining traction with more mainstream investors. The euphoria boosted the total market value of all cryptocurrencies above $1 trillion for the first time earlier in January.","news_type":1},"isVote":1,"tweetType":1,"viewCount":32,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":847149245,"gmtCreate":1636503244548,"gmtModify":1636503244758,"author":{"id":"3571553731131894","authorId":"3571553731131894","name":"Edkoo","avatar":"https://static.tigerbbs.com/b2e4ed1cfd0d4b6da6fb44059bfd8d4a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>Ggwp u had ur time to shine","listText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>Ggwp u had ur time to shine","text":"$Tesla Motors(TSLA)$Ggwp u had ur time to shine","images":[{"img":"https://static.tigerbbs.com/ce60d4a357e61c9dcca1cdd2ce1d9fa2","width":"1125","height":"4090"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/847149245","isVote":1,"tweetType":1,"viewCount":565,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":848782123,"gmtCreate":1636029847894,"gmtModify":1636029848059,"author":{"id":"3571553731131894","authorId":"3571553731131894","name":"Edkoo","avatar":"https://static.tigerbbs.com/b2e4ed1cfd0d4b6da6fb44059bfd8d4a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SE\">$Sea Ltd(SE)$</a>It’s a good day today","listText":"<a href=\"https://laohu8.com/S/SE\">$Sea Ltd(SE)$</a>It’s a good day today","text":"$Sea Ltd(SE)$It’s a good day today","images":[{"img":"https://static.tigerbbs.com/90532af0068a29434f24b9ce9644f563","width":"1125","height":"4003"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/848782123","isVote":1,"tweetType":1,"viewCount":850,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":841916441,"gmtCreate":1635867839446,"gmtModify":1635867839446,"author":{"id":"3571553731131894","authorId":"3571553731131894","name":"Edkoo","avatar":"https://static.tigerbbs.com/b2e4ed1cfd0d4b6da6fb44059bfd8d4a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SE\">$SEA LTD(SE)$</a>Next price target will be $380","listText":"<a href=\"https://laohu8.com/S/SE\">$SEA LTD(SE)$</a>Next price target will be $380","text":"$SEA LTD(SE)$Next price target will be $380","images":[{"img":"https://static.tigerbbs.com/580f894dd70b7d056786ce7e02467484","width":"1170","height":"2292"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/841916441","isVote":1,"tweetType":1,"viewCount":260,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":851679432,"gmtCreate":1634908274283,"gmtModify":1634908534811,"author":{"id":"3571553731131894","authorId":"3571553731131894","name":"Edkoo","avatar":"https://static.tigerbbs.com/b2e4ed1cfd0d4b6da6fb44059bfd8d4a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>To the moon 🌚&nbsp;","listText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>To the moon 🌚&nbsp;","text":"$Tesla Motors(TSLA)$To the moon 🌚","images":[{"img":"https://static.tigerbbs.com/e2b3053d929b19d0b06c66c6afd0a547","width":"1170","height":"2292"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/851679432","isVote":1,"tweetType":1,"viewCount":237,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":851679910,"gmtCreate":1634908181854,"gmtModify":1634908532453,"author":{"id":"3571553731131894","authorId":"3571553731131894","name":"Edkoo","avatar":"https://static.tigerbbs.com/b2e4ed1cfd0d4b6da6fb44059bfd8d4a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>To the moon 🌚&nbsp;","listText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>To the moon 🌚&nbsp;","text":"$Tesla Motors(TSLA)$To the moon 🌚","images":[{"img":"https://static.tigerbbs.com/47986aeb1af30f5d3bee5f97f3a3c2b0","width":"1125","height":"4003"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/851679910","isVote":1,"tweetType":1,"viewCount":143,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0}],"lives":[]}