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Been using to trade stocks now theyre in its or so its already something theyre using to trade stocks and now they could trade cryptocurrency s. But you know the news in the past week as well has been that this exchange in japan was hacked of some crypto currencies four hundred over four hundred million u. S. Dollars worth of currency and then these three young guys these three young japanese guys came out and had the press conference and announce that they would give cash on hand back to these people four hundred Million Dollars or it was is a huge surprise because i hadnt even heard of the exchange weve been around and cryptocurrency sector for a long time and yet they made enough money to four hundred Million Dollars on hand to reimburse people who had cryptocurrency stolen or i want the other markets capital owners who are five to six hundred billion and that just happe ....
Arrested as in this case in the six traders who were arrested and are being charged criminally in the gold and silver market manipulation so were moving to this next headline here more than one Million People signing up for early access to robin hoods new Crypto Trading service no fee stock trading app robinhood announced thursday it was rolling out Commission Free trading in Digital Currencies big queen in the theory im beginning in february although the service will initially only be available in just five states within one day after that announcement hundreds of thousands of people had indicated they wanted to be notified about early access to crypto currency trading so Seventy Eight percent of the users ....
Funded entities that are on the periphery are worth another half a billion to a trillion so theres a lot of cash out there theres a lot of cash out there and then i want to turn to this headline about those same sort of millennial is now pouring in to the stock market its a tweet amazing retail trading activity is going parabolic explains a lot this is a chart showing trading activity at retail focused brokerages is skyrocketing the gray line on the top is the s. And p. Five hundred but look at that blue line thats going parabolic even more than the market and thats each trade t. Ameritrade and as a percentage of the New York Stock Exchange trade as you see those are all the young kids those are moneyless especially retail the dumb money pouring into the stock market at all time highs and you know well you know markets go to a sort of interesting to see how this generation deals with the correction and we could easily see ....
These folks and thats clear anyway so that story sap and weve been covering it for a year is here is to see f. T. C. And the likes of these guys the o. J. F. B. I. Who were concerned about crypto currency and whether or not theyre transparent enough and yet here are these allegedly very transparent markets gold silver they were very transparent and to traders that weve interviewed here like angela wire who showed you on screen the spoofing happening and yet people still refuse to believe the transparent spoofing happening and nevertheless so a lot of people have moved into crypto currency because they feel like well perhaps that you know this is a market that is not controlled by u. B. S. And h. S. B. C. And Deutsche Bank who go golfing with the president and the you know attorney general and therefore always get off from these crimes and never charged with these crimes maybe some. Minions and the low guys on the totem pole get arr ....