Reddit MtGox Poll Reveals Majority Don’t Have Selling Intentions After Receiving BTC

The post Reddit MtGox Poll Reveals Majority Don’t Have Selling Intentions After Receiving BTC appeared first on Coinpedia Fintech News According to a poll conducted on the Reddit MtGox forum, which asked, “What percentage of your Bitcoins will you sell immediately after receiving them?”, 467 members participated in the vote. Among them, 260 individuals, representing the highest proportion at 55%, chose not to sell their bitcoins after receiving compensation. Following this, 88 members, constituting 18% of the respondents, opted to…

Reddit Shares Soar on News of OpenAI Data-Sharing Partnership

Reddit shares investors have been left ablaze after Reddit stocks rose by 11% in after-hours trading following its data-sharing partnership with Open AI Despite the legal hiccup on AI firms, Reddit seems focused on using AI to boost user engagement in the platform Reddit stocks surged following the announcement of the trailblazing data-sharing partnership with Open AI. This strategic partnership leaves both parties at a profitable juncture. While Open AI will showcase and gain access to Reddit information for better…

Which Crypto Reddit Users Recommend for 100X Potential: Solana, Polkadot, and New Crypto Raboo

Crypto Reddit is well-known as a place for uncovering cryptocurrency gems, and three have recently been highlighted for their 100x potential: Solana, Polkadot, and a new crypto known as Raboo. After raising more than $1 million in its presale, Raboo is quickly becoming Reddit's favorite new crypto. Let's find out why these three projects could be 100x gainers. Solana: Meme coin sentiment boosts SOL Solana is a standout on crypto Reddit, celebrated for its blistering transaction speeds—up to 3,500 TPS…

ETFSwap (ETFS) Presale Goes Viral On Reddit And Twitter With $350,000 Raised

Newcomer ETFSwap (ETFS) is setting the crypto world ablaze with its presale, which is rapidly selling out despite the current bearish season rocking the market. This momentum has caught the attention of several crypto investors who are actively seeking to diversify to sustainable investments after it trended on popular social media platforms Reddit and X (formerly Twitter) for hours on Tuesday evening.  The massive belief in the ETFSwap (ETFS) project can be linked to its unique infrastructure and commitment to…

Reddit Buzz BlastUP Might Just Be the Next Solana

The hunt for the next big name in the crypto world has drawn attention to BlastUP, fueled by lively discussions on Reddit. Reddit's investment communities, renowned for spotlighting and potentially influencing the success of new tokens, are abuzz with talks about BlastUP. This budding cryptocurrency is making waves for its promise to transform a particular industry, drawing parallels to how Solana made a swift climb in the blockchain arena. Reddit's enthusiasts and investors are keeping a keen eye on BlastUP,…

Reddit Kicks Off “NFT” Sales on Polygon

Reddit announced it has jumped into the NFT space with the release of a series of “collectible avatars” on the polygon blockchain network. Although the word “NFT” did not appear anywhere in Reddit’s announcement, its new collectible avatars share many similarities with non-fungible tokens.  Users can Showcase Tokens as Profile Pictures According to its official release, Reddit will launch the virtual avatars in conjunction with Ethereum’s layer-2 Polygon protocol. Working with independent designers, the Reddit team pulled together a collection…

CryptoSnoos: Reddit’s Crypto NFT Integration Still in Test

Reddit continues its integration of CryptoSnoos, a collection of four NFT avatars, on its platform. The Ethereum-based NFTs were each auctioned for up to $400,000 to be used as Reddit avatars. One of Reddit’s NFT avatars still sees activity, despite its initial introduction in June 2021. The continued scarcity of these collectibles suggests that Reddit may still be testing this integration before producing more avatars or allowing users to mint and use their own NFTs on the platform. Redditors with…

Reddit Confidentially Files For IPO

Reddit made another step towards going public. The social media giant announced filing a confidential draft statement for a planned IPO this Wednesday. The company filed a draft registration statement with the U.S. Securities and Exchange Commission (SEC). The registration statement uses SEC Form S-1. Public companies in the US use the form to register new securities. The SEC requires this form and doesn't allow stock listing on the national exchange without it. Usually, companies submit the S-1 Form before their initial…

Elon Musk and Reddit Among Top Crypto Influencers, Survey Shows

GamblersPick talked to 1,000 US investors recently on their crypto holdings, how they finance their portfolios and maintain their investments. The survey shows a third of the number consulted Reddit before making their crypto investments. Out of the total number, 35% admitted to having dived into crypto via Elon Musk’s influence. The Influence of Reddit According to survey outcomes, crypto enthusiasts have made funding calls after consulting Reddit. More so, over a 3rd of crypto holders reported getting information there. …

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