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GameStop and Dogecoin Show How Memes Can Move Markets
4.2.2021
Source: Twitter/@elonmusk
Jason Potts, Professor of Economics, RMIT University, Chris Berg, Senior Research Fellow and Co-Director, RMIT Blockchain Innovation Hub, RMIT University.
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One of the most difficult problems in finance right now is figuring out the fundamental economic value...
Congress Calls On Reddit Meme Stock Trader To Testify About GameStop
4.2.2021
Rep. Maxine Waters announced that Reddit investor DeepFuckingValue, AKA YouTuber Roaring Kitty, AKA former insurance marketer Keith Gill, will testify before Congress about what the hell has been going on with GameStop’s stock later this month.Read more
Doge Token Pumps After Elon Musk Tweets ‘Dogecoin Is the People’s Crypto’
4.2.2021
Elon Musk has tweeted that dogecoin is people’s crypto shortly after the billionaire pledged to go off the social media platform for while. Incidentally, the token, which traded at $0.0411 on February 3, surged to $0.0588 just as Musk was tweeting. However, at the time of writing, the token...
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
Crypto Long & Short: GameStop, Dogecoin y un nuevo paradigma de mercado
2.2.2021
Es difícil ser justo con el significado e importancia que ha tenido el escándalo de Reddit-Robinhood-GameStop ocurrido la semana pasada.  Con esto no quiero decir que no haya sido sobreestimado en algunos lugares. He oído comparaciones con los disturbios del Capitolio. Y no es lo mismo:...
GameStop Stock Is Starting To Go Bust
2.2.2021
After soaring for more than a week, GameStop’s stock has plummeted back down to earth, sinking below $100 a share several times today, a drop-off of more than $200 from last week. Read more
Is This the End of the Reddit Retail Investor Dream?
2.2.2021
As GME plummets and traditional financial media turns its attention elsewhere, where does the retail trading insurgency go from here?
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...
Is Bitcoin The New GameStop?
2.2.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
GameStop has been dominating the global news cycle since last week. A bunch of millennials is waging war against multi-billion-dollar hedge funds by buying the stocks these hedge funds heavily shorted...
State of Crypto: How Will the Government React to GameStop?
2.2.2021
Also: Ripple filed its response to the SEC and a FinCEN official discusses the controversial counterparty rule in public for the first time
Elon Musk Uncovers Facts Behind Robinhood Restricting Trades on Hot Stocks Like Gamestop
2.2.2021
Spacex and Tesla CEO Elon Musk has been trying to get to the bottom of what happened with the popular trading app Robinhood when it stopped people from buying shares of hot stocks, like Gamestop. The shares of these stocks became popular due to the Wallstreetbets movement. Elon Musk Says People...
Federal Reserve Soup Now Includes Bitcoin, DeFi, Silver, GameStop
2.2.2021
Market news from crypto to Wall Street is all over the place as analysts wonder if Fed will have mettle to "taper" once economy reheats
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
Robinhood CEO to reportedly testify before US House committee over GameStop
2.2.2021
Regulators want to know the details of the GameStop short squeeze
Robinhood CEO May Testify Before US House Committee Over GameStop Allegations
2.2.2021
Vlad Tenev will likely appear before a U.S. virtual hearing as lawmakers investigate the firm's recent trading restrictions, a Politico report says
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...
Report: Another GameStonk Movie Is In The Works At Netflix
1.2.2021
Less than a day after news broke that MGM had acquired filming rights for an upcoming book about the ongoing GameStop stock situation, Deadline is reporting that another GameStonk movie is being developed at Netflix.Read more
GameStop’s Stock Can’t Save You
1.2.2021
GameStop’s rollercoaster ride through the absurd machinery of the stock market has been fun to watch. It sent some of CNBC’s finest minds scrambling to Wikipedia to find out what Reddit is and allowed for Very Serious Thought Leaders to peddle all sorts of pet theories, like blaming GameStop’s...
Exchange Tokens Hit New All-time Highs as Stock Traders Rush to Crypto
1.2.2021
GameStop caught the stock-buying public's imagination. That excitement has spilled over to crypto