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Bitcoin Eyes $67K After Halving as Altcoins Primed for Short Squeeze, Hedge Fund Says
22.4.2024
Crypto-focused stocks also bounced higher, led by bitcoin miners Riot Platforms and Hut 8
Crypto Stocks Like MicroStrategy, Coinbase Could Shoot Up if Short Sellers Exit
27.3.2024
MicroStrategy and Coinbase's stock prices could shoot up if short sellers bail out, according to a report by data analytics firm S3 Partners
Digital Game Sales Continue Continue Killing Off GameStop, Analyst Says
27.3.2024
Video game and nerd culture retailer GameStop appears to be floundering once more. According to a Reuters report, the company recently laid off an unspecified number of employees after reporting a decline in earnings in the fourth quarter as physical sales fall and digital purchases rise.Read more
Crypto Price Whipsaw Triggers $256M in Liquidation Losses
12.9.2023
This week’s quick plunge and rebound in cryptocurrency prices triggered $256 million in liquidation losses, Coinglass data shows
Robinhood beats investors’ appeal in GameStop meme stock case
11.8.2023
The appeals court judge said Robinhood “had the right” to impose restrictions on meme trade purchases
Bitcoin’s Rally to $28K Causes the Largest Short Squeeze This Month
20.6.2023
The price surge liquidated some $34 million of short positions in the past 24 hours, the most this month, CoinGlass data shows
Curve’s (CRV) price hits a 1-year low amid looming liquidation threat
15.6.2023
A risky loan in AAVE and the resulting liquidation threat for CRV have pushed the governance token to a 1-year low, but there is a chance for a powerful short-squeeze
Ripe for the squeeze? Bitcoin mining stocks remain under attack from short sellers
25.5.2023
BTC price has struggled for nearly a month, but Bitcoin miners revenue is up, calling into question the logic of short sellers betting against mining stocks
Celsius community rally to perform another short squeeze attempt
10.8.2022
One Twitter user claimed that they are at “war” with the shorts while encouraging others to post more content about the short squeeze
Celsius Network’s Token CEL Drops 58% After Bankruptcy Filing, So-Called ‘Short Squeeze’ Falters
14.7.2022
During the last 30 days, the Celsius Network’s native token CEL increased in value by over 140% against the U.S. dollar. On July 13, just before the lending company filed for Chapter 11 bankruptcy, CEL was exchanging hands for $0.961 per unit. Following the news that the company filed...
GameStop Pushes Employees To The Breaking Point During Holiday Rush
1.12.2021
It’s been a gangbusters year for those at the top of the GameStop pyramid. Revenue is down and stores are closing, but the stock price continues to hover around an unprecedented $200 a share, forging gilded parachutes for its fleeing C-Suite. For many at the bottom, however, it’s been one of...
GameStop Meme Stock Villain Buys Copy Of The Constitution For $43 Million
20.11.2021
Here are some words I never thought I’d type: the hedge fund CEO that bailed out GameStop short sellers earlier this year just secretly outbid a hyped-up bunch of crypto lords for an ultra rare copy of the original U.S. Constitution. Earlier this year, billionaire Kenneth Griffin became public...
GameStop Just Made $1.1 Billion Selling Off Its Meme Stock
22.6.2021
After circling the drain just a year ago, Gamestop has managed to cash in on its recently skyrocketed meme stock for Scrooge McDuck piles of real cash, pulling in $1.1 billion dollars.Read more
Fortnite Stonks Skin Not A Joke, Unfortunately
1.4.2021
April Fool’s Day is terrible. Things you wish were real are fake. And things you wish were fake are real, like this Fortnite stonks meme skin.Read more
GameStop Puts WallStreetBets’ Favorite Rich Guy In Charge Of Figuring Out How To Save It
9.3.2021
Just a few weeks ago, it seemed like the GameStop stock frenzy was finally done and dusted. But late last month, it began to rally again and was buoyed this week by the news that former pet food website founder and hero of the WallStreetBets investment subreddit, Ryan “Papa” Cohen, will be put...
Bots Reportedly Helped Fuel GameStonks Hype on Facebook, Twitter, and Other Platforms
28.2.2021
The s0-called GameStonks saga had some help from automated bots hyping up “meme” stocks on Facebook, Instagram, Twitter, and YouTube, according to an analysis by the cybersecurity firm PiiQ Media reviewed by Reuters.Read more
Mister DeepFuckingValue Goes To Washington
18.2.2021
History was made today when Reddit user DeepFuckingValue, who goes by Roaring Kitty on YouTube, opened his Congressional testimony in a hearing about GameStop stock by specifying, for the literal record, that he is not actually a cat.Read more
Even The Justice Department Is Looking Into The GameStop Stock Fiasco
12.2.2021
While the dust starts to settle around GameStop’s meme stock phenomenon, investigations into the hedge funds, trading platforms, and the Reddit community that fueled it are just getting started. Many people have already lost a lot of money, but even more could be on the line if lawmakers...
Wall Street Bets and Gamestop Saga to Be Made Into a Movie
2.2.2021
The Wall Street Bets saga, an incredibly ridiculous story about a group of amateur Reddit investors who beat career Wall Street hedge funds at their own game, is to be made into a movie. According to a report by online news site Deadline on Jan. 31, Metro Goldwyn-Mayer (MGM) won the rights...
Silver Squeeze Goes Viral, Ounce of Ag Jumps Above $30, Wallstreetbets Fans Question Trend’s Legitimacy
2.2.2021
This past week, another social media trend started on the Reddit forum r/wallstreetbets, which aims to initiate a large silver short squeeze in order to push the price of the precious metal to $1,000 per ounce. However, the silver squeeze trend comes with controversy, as numerous wallstreetbets...