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GameStop Stock Has A Terrible Day, Still Closes At The Unthinkable Price Of $200
29.1.2021
A trading lockout on GameStop stock by a number of investing apps led to the saga’s weirdest day yet: class action lawsuits, calls for hearings on Capitol Hill, and the suggestion that Treasury Secretary Janet Yellen might need to recuse herself from overseeing Wall Street’s latest shitshow because...
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
Coinbase unveils plans for direct stock listing
28.1.2021
The San Francisco-based digital currency exchange plans to go public later this year
Retail Traders Sue Robinhood Over Meme Stock Restrictions
28.1.2021
Robinhood faces suits in Chicago in New York just hours after it's GME buy freeze
Bitcoin Rebounds From Early Losses, Markets Still Distracted by GameStop
28.1.2021
GameStop's stock drama has had a galvanizing effect on stocks, bitcoin and even dogecoin
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...
Robinhood Blocks Users From Buying GameStop Stock
28.1.2021
The stock trading app Robinhood is currently blocking users from buying any more GameStop stock citing “recent volatility” as its price soared from just under $20 at the beginning of the month to over $300 at the end of yesterday.Read more
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...
GameStop Stock Drama Continues As Price Soars And Hedge Fund Blinks
27.1.2021
GameStop’s stock price continued to soar in after-hours trading last night to over $300. While many are waiting for it to come crashing back down, it might be too late for some major hedge funds. With the stock still sitting at well over $250 a share (unthinkable just last year when it was trading...
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
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
Wall Street “Perma Bear” Predicts Stock Market Crash: Says Bitcoin Cannot Be Ignored as He Touts Gold
27.1.2021
Long term Wall Street bear and bitcoin holder, David Tice predicts that the stock market will crash fall by 30% in a retreat that will persist for two years. Although the veteran investor is not giving the specific commencement date for this downturn, he warns that when it breaks, “it’s...
Reddit investing group triggers crypto-style 860% rally in GameStop stock
26.1.2021
The recent 860% rally in GameStop’s stock price shows social investing groups’ ability to trigger whipsaw asset volatility is not just limited to cryptocurrencies
Crypto Exchange Giant Coinbase to Sell Shares Privately Ahead of Public Offering
25.1.2021
According to a recent report, the San Francisco-based cryptocurrency exchange Coinbase is purportedly planning to sell stock on Nasdaq’s private market ahead of the initial public offering (IPO). Coinbase reportedly notified shareholders that they will receive information pertaining to...
GameStop’s Stock Price Soars To New Records Because Capitalism Is A Shell Game
22.1.2021
Struggling retailer GameStop’s stock curiously hit an all time high today. But it’s not because Sony, Microsoft, and Nintendo suddenly decided to stop selling their games digitally. And it’s not because a new set of Funko Pops has taken the internet’s imagination by storm.Read more
Bitcoin Seen as the Largest Bubble but ‘Tesla More Vulnerable’ — Deutsche Bank Survey
22.1.2021
Deutsche Bank has conducted a survey about financial bubbles. Eighty-nine percent of respondents see some bubbles in financial markets, with bitcoin near the “extreme bubble” territory. However, more respondents expect the cryptocurrency to double than they do Tesla’s stock....
Hive Blockchain Buys 6,400 Bitcoin Miners From Canaan, Capacity Reaches 1,229 PH/s
22.1.2021
Canadian bitcoin miner Hive Blockchain has bought 6,400 next generation mining machines from Canaan. The Avalonminer 1246 miners will add a combined 576 petahash per second (PH/s) to Hive’s existing hash power. ● With the addition of the new machines, Hive’s total hash rate will...
Thai Stock Exchange Launching Digital Asset Trading in H2, Cryptos Excluded
20.1.2021
Listing cryptocurrencies could harm the stock exchange’s image and lose investor confidence, an executive said
Over Half of Investors Think Bitcoin, Tesla Stock Are Biggest Bubbles: Deutsche Bank Survey
20.1.2021
While many respondents saw bitcoin as a major bubble, 25% believed it could double its price tag to north of $70,000 by the start of 2022
Thailand stock exchange to open digital asset trading... without crypto?
20.1.2021
Thailand’s stock exchange doesn’t want cryptocurrencies included on its new digital asset trading platform