Stocktwits Adds Crypto Trading | WSJ \ stacker news ~bitcoin

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Stocktwits Adds Crypto Trading | WSJ archive.fo/FmbaZ

5 sats \ 3 comments \ @cryptocoin 4 Feb 2022 bitcoin

0 sats \ 0 replies \ @cryptocoin OP 4 Feb 2022

If you aren't familiar with Stocktwits, ... it was they who came up with the Cashtag notation, in 2008.

So when you see $AAPL, for instance, that "$" prefix indicates it is a Cash tag, and that method of tagging currencies and equities took off on Stocktwits long before [Twitter eventually recognized that as a stock or currency symbol:

Now you can click on ticker symbols like $GE on https://twitter.com/ to see search results about stocks and companies

https://twitter.com/twitter/status/230098997010911233 <-- Jul 30, 2012

Here's more on Cash tag and its origin at Stocktwits.

‘Cashtag’ Ticker Symbols On Twitter Now Send Users To Search Results https://martech.org/cashtag-ticker-symbols-on-twitter-now-send-users-to-search-results/

0 sats \ 0 replies \ @cryptocoin OP 4 Feb 2022

To avoid people being blocked by a paywall, this post used the Archive (no subscription, no paywall).

Here is the original article, on WSJ:

Social-Media Platform Stocktwits Takes Cue From Brokerages, Adds Crypto Trading https://www.wsj.com/articles/social-media-platform-stocktwits-takes-cue-from-brokerages-adds-crypto-trading-11643889603

And the version for Yahoo/Reuters:

Investor-focused social media firm Stocktwits rolls out crypto trading https://www.reuters.com/technology/investor-focused-social-media-firm-stocktwits-rolls-out-crypto-trading-2022-02-03/

0 sats \ 0 replies \ @cryptocoin OP 4 Feb 2022

Stocktwits has added about 2 million registered users over the past two years, pushing its total to 6 million, and many of them are focused on crypto.

There is another reason the company is starting with crypto as opposed to equities—there are fewer regulatory hurdles to offering crypto trading.