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GameStop saga reveals legacy finance is rigged, and DeFi is the answer
3.2.2021
Traditional finance is a relic, and the GameStop saga is nothing but a prelude for what's to come: the real decentralization of money
Why a GameStop-Inspired Mania Is Unlikely in China’s Stock Market
3.2.2021
It would be logistically challenging for Chinese retail investors to organize a short-selling campaign, especially with the authorities watching
Gamestop Shares and Reddit Fueled Stocks Plummet, Crypto Fans Say Bitcoin Is the Only True Attack
2.2.2021
Following the Wallstreetbets saga last week, a great number of the popular shares being fueled by social media have started to tank in value. Gamestock shares dropped over 60% on Tuesday, while AMC dropped more than 49% shaking investors who bought into these stocks to the core. Meanwhile, a number...
Robinhood reportedly shelves IPO plans in wake of GameStop PR disaster
2.2.2021
An IPO is reportedly off the cards for now as Robinhood continues to deal with the fallout from the GameStop saga, and the resultant plunge in public confidence
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...
Mark Cuban Hails ‘Store of Value Generation’ Taking on Wall Street
1.2.2021
Cuban said he believes WSB traders are applying the principles of the crypto world to the stock market
Mark Cuban thinks Wall Street stands no chance against digital natives
1.2.2021
The entrepreneur says that old-school investors are getting their “ass kicked” by the “Store of Value Generation.”
Wallstreetbets and GameStop saga set for Hollywood treatment in new film
1.2.2021
A major Hollywood studio has won the rights to turn the r/Wallstreetbets saga into a movie — less than a week after the GameStop short squeeze
MGM, Winklevoss Twins to Make Movie About Reddit’s GameStop Investors Taking on Wall Street
1.2.2021
MGM has acquired the movie rights to a book proposal known as "The Antisocial Network" by New York Times best-selling author Ben Mezrich
85% Dogecoin rally shows Wall Street Bets aren’t done with DOGE yet
1.2.2021
Dogecoin rallied by more than 85%, suggesting Wall Street Bet’s crypto wing may have decided that they weren’t done with DOGE yet
Goldman and Interactive Brokers Execs Claim Wallstreetbets Trend Could ‘Take Down the System’
31.1.2021
The heavy hitters in traditional finance have been concerned about the recent stock market action fueled by Redditors and a colossal number of retail investors. This week a Goldman Sachs executive warned that if these short squeezes continue it could “snowball through the market.”...
XRP price gains 86% after Wall Street Bets’ crypto wing says 'pump it'
30.1.2021
XRP price rallied 86% as members of a Reddit-based investing group shifted their focus from Dogecoin
Battling Wall Street, Sheriff of Nottingham, High Doge and 20 Crypto Jokes
30.1.2021
What a crazy week! And vastly entertaining! As the Wallstreetbets story intensified, pushing the price of GME up, the market got a new entrant, a a ‘wrapped’ GameStop token, and then DOGE soared right into top 10! Then Robinhood halted buying of the first and trading of the second, saying they...
Money Reimagined: Narratives Wall Street Can’t Control
29.1.2021
It used to be that Wall Street dictated the big stories around finance. It’s unclear whether that’s still the case
FTX created a Wall Street Bets index including GME, DOGE and others
29.1.2021
The FTX crypto exchange’s new index is called the Wall Street Bets Index
FTX Exchange Lists WallStreetBets Futures to Capitalize on Investing Movement
29.1.2021
The futures contract is based on a basket of stocks being targeted by WallStreetBets and dogecoin
Robinhood CEO: We Weren’t ‘Forced’ to Limit Stock Buying Amid Reddit-Driven Surge
29.1.2021
Robinhood's CEO said the platform's decision to halt buy orders on GME, NOK and AMC was based on a "technical and operational" one, not outside pressure
Hundreds of thousands watch as AOC takes on Robinhood on Twitch
29.1.2021
AOC and guests explored the conditions that led to the GameStop short squeeze and the ramifications of the institutional response to it
Altcoins soar after 10% Bitcoin price breakout flips $33K back to support
29.1.2021
Altcoins soared higher as Bitcoin price reclaimed $33,000 as support just one day before a record $4 billion BTC futures expiry
Congress announces hearings on stock market in light of Robinhood v. Reddit battle
28.1.2021
Both the Senate and the House are looking into Wall Street's market practices, especially short selling