SHIB Coin Surging to Record High, $8K Investment Last August Now Worth $5.7B

  • Date: 29-Oct-2021
  • Source: Yahoo News
  • Sector:Economy
  • Country:Middle East
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SHIB Coin Surging to Record High, $8K Investment Last August Now Worth $5.7B



Reuters

'When #shiba?' ask Robinhood users hungry for dogecoin-like returns

NEW YORK/LONDON (Reuters) -Investors clamoring for Robinhood Markets to host shiba inu, a meme-inspired cryptocurrency that has soared in value this month, may need to bide their time as the app-based brokerage says it is in no hurry to list new currencies and analysts expect revenue growth to come from elsewhere. Shiba inu is a spinoff of dogecoin, itself born as a satire of a cryptocurrency frenzy in 2013, and has almost no practical use. The currency's eye-watering rally has Robinhood users demanding a piece of the action.

TechCrunch

Patreon confirms it's exploring crypto as a way for creators to make money

Patreon CEO and co-founder Jack Conte and Chief Product Officer Julian Gutman spoke on a panel at The Information's 2021 Creator Economy Summit yesterday, where they were asked about the membership platform's plans for crypto. "There's clearly enormous innovation happening in the crypto and NFT space," Gutman said. Last month, Patreon floated the idea of creator coins to its creator community in advance of a quarterly Creator Policy Engagement Program livestream, which allows creators to weigh in on platform policy changes.

Bloomberg

Chicago Council Approves $16.7 Billion Budget With Guaranteed Basic Income

(Bloomberg) -- The Chicago City