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Stock Guru Jim Cramer Thinks Crypto Crash Will Benefit Stock Markets


Jim Cramer, otherwise known as the ‘stock guru,’ has weighed in how the latest cryptocurrency market correction can affect the stock markets. Cramer thinks this contingency will benefit stock markets, with some investors taking profit and moving them to less volatile, less transient...

Iran Warns Crypto Investors Amid Ban on Bitcoin Mined Outside Its Borders


The Central Bank of Iran has issued a warning against unrestrained crypto trading and reminded investors that only cryptocurrencies minted by licensed miners in the Islamic Republic can be used under limited circumstances. Traders will bear full responsibility for the risks, the bank cautioned...

‘Alarm’ Rings as Crypto Trading Outpaces Stock Market in South Korea


Source: Adobe/Сергей Шиманович South Korean crypto trading volumes have outperformed stock market activity for the first time in the nation’s history, with crypto trading gathering pace at a rate some find “alarming.” Media outlets such as Yonhap and Segye Ilbo, as well as Kyunghyang Shinmun...

BitClout Releases the First Social Media Stock Market


BitClout, the self-proclaimed open-source blockchain, came into existence in March 2021, but recently made headlines. The venture recently released a social media stock market where users can speculate on renowned individuals’ social clout. Be it Elon Musk, Rihanna, Ariana Grande, or...

Pet Food Tycoon's Takeover Of GameStop Is Nearly Complete


Ryan Cohen, co-founder of online pet food company Chewy and favorite of the chaos engine that is the WallStreetBets reddit, will take over as GameStop chairman following the company’s annual shareholder meeting in June.Read more

A Wave of Giants Rushing to Invest in Bitcoin Could Derail the Stock Market


Gavin Brown, Associate Professor in Financial Technology, University of Liverpool. ______ After Tesla announced it has invested USD 1.5bn in bitcoin and expects to start accepting the cryptocurrency as a payment for its electric vehicles in the near future, the bitcoin price went soaring. It went...

Even The Justice Department Is Looking Into The GameStop Stock Fiasco


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...

GameStop Stock Is Starting To Go Bust


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

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