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Wallstreetbets Reinstates Ban on Cryptocurrency Discussions, Citing Bloomberg Coverage
16.4.2021
The moderators of the famous Reddit forum Wallstreetbets, known for putting Gamestop (GME) stock prices on the map as a worldwide trending topic, lifted a ban on all discussions related to bitcoin, ethereum, and dogecoin. However, the decision has been reversed after a recently published Bloomberg...
GME drops 14% as GameStop announces plans to sell up to 3.5M shares
5.4.2021
After skyrocketing above $370 following the Reddit-driven short squeeze, GameStop shares are now trading at around $160
GameStop 'Round 2' Begins: GME Jumps on Another Roller-Coaster
25.2.2021
The US-based videogame retailer GameStop (GME) saga that eventually spilled into the cryptoverse just was restarted. While things might've been relatively quiet on that front in the past few days, the company's stocks have jumped more than a 100% yet again before dropping sharply.
The price doubled...
BitMEX’s Arthur Hayes returns with calls for a boycott of legacy finance
19.2.2021
Former BitMEX CEO Arthur Hayes has called on all legacy traders to “opt-out” of legacy trading platforms and embrace the “Crypto Capital Markets.”
Federal attorneys are investigating meme-led trading in GME, AMC and silver: WSJ
11.2.2021
The Justice Department joins CFTC and SEC probes into wild markets facilitated by Robinhood and other apps for retail traders
Cardano Foundation CEO says blockchain could prevent GME-type showdowns
8.2.2021
Frederik Gregaard, CEO of the Cardano Foundation, believes that a blockchain infrastructure for capital markets would make controversial top-down interventions unnecessary
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...
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.”...
After GME, Dogecoin and Bitcoin, Chinese Traders Are Betting What Will Pump Next
29.1.2021
For Chinese investors, including Justin Sun, FOMO has surpassed fear of losing money
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
Robinhood CEO Denies Being Directed to Halt GME Buying
29.1.2021
Vlad Tenev. Source: A video screenshot, Youtube/Bloomberg Markets and Finance
Vlad Tenev, co-founder and CEO of the popular trading app Robinhood, which also allows crypto trading, claims the platform wasn't in any way directed by anybody to temporarily restrict buying of shares of Gamestop (GME)...
Financial ties between Robinhood and funds shorting GME fall under scrutiny
28.1.2021
The trading platform's decision to shut Redditors out from buying GameStop continues to raise eyebrows
Skybridge Capital Cofounder Says Gamestop Activity Is ‘More Proof That Bitcoin Will Work’
28.1.2021
The New York-based Skybridge Capital cofounder, Anthony Scaramucci, recently explained that this week’s Gamestop fiasco is positive for the global cryptocurrency bitcoin. Scaramucci’s statements follow the global investment manager’s recent dive into the crypto economy...
Tron's Justin Sun Jumps On the GME Purchase Bandwagon With USD 1M Bag
28.1.2021
Justin Sun. Source: a video screenshot, Youtube, Tron Live
Tron (TRX) CEO Justin Sun has become a part of another fast-rising, potentially quickly passing trend, as he now says will join the Wallstreetbets crew in purchasing GameStop (GME) stocks - worth a million dollars.
"I'll be buying...
Massive Gamestop Short Squeeze Highlights the Fragility of Today’s Financial System
27.1.2021
The bigwigs trading stocks on Wall Street have been upset this week as billion-dollar hedge funds have been crippled by Redditors and memes. Not too long ago, the firm Gamestop’s shares were plummeting, and Wall Street veterans lined up a mountain of short bets against the company’s...
FTX lists GameStop after Reddit-fueled 200% rally in two days
27.1.2021
Reddit’s Wall Street Bets is beating hedge funds at their own game
'Wrapped' GameStop Token Appears as Cryptoverse Draws GME-Bitcoin Parallels
27.1.2021
In the midst of the GameStop (GME) stock explosion, the video game retailer just got "tokenized" and "wrapped". Meanwhile, the Cryptoverse is hard at work drawing parallels between GME and Bitcoin (BTC).
The Cryptoverse woke up this morning to a new token - a decentralized...
BTC price clings to $31K as Scaramucci says GameStop boom 'good for Bitcoin'
27.1.2021
The rush into decentralized investment will only serve to fuel Bitcoin's position, the investor says amid outrage at GameStop's performance