How StockTwits Users are Reacting to Cryptocurrency
Bitcoin is currently one of the top most followed tickers on social media platform StockTwits. Ian Rosen, CEO of StockTwits, explains how users are responding to the cryptocurrency craze.
Rosen says more than 10 percent of StockTwits 1.2 million users checked a cryptocurrency stream in the last week. "It's an exciting set of assets," said Rosen. Currently Bitcoin has more watchers than Microsoft on StockTwits says Rosen.
This week StockTwits launched a redesign of its mobile and web social platform. While users cannot currently trade cryptocurrency on the platform, Rosen said the company is looking to integrate this capability in the future.
A bipartisan group of two dozen lawmakers is asking the Securities and Exchange Commission to put the brakes on an initial public offering by Chinese fast fashion retailer Shein until it verifies it does not use forced labor from the country’s predominantly Muslim Uyghur population.
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Cheddar News takes a look at The Day Ahead as the Federal Reserve's two-day meeting kicks off on Tuesday while earnings season continues with some big-name companies such as Ford, Pfizer, Starbucks and Uber on tap to report quarterly results. The JOLTS report is also due to be released ahead of April job numbers.
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