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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
Someone Already Sold The Movie Rights To An Unpublished GameStonk Book
1.2.2021
Someone is already writing a book on the saga that has been GameStop’s stocks, which in turn is already primed to become a movie. It’s barely been a week.Read more
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.”...
Thanks Bitcoin, MicroStrategy stock is up 113% since being downgraded by Citigroup
31.1.2021
MSTR stock has surged by roughly 113% since Dec. 8 when it was downgraded by a Citigroup analyst
Coinbase Opts out of IPO Routine, Chooses Popular Direct Listing Route
30.1.2021
The San Francisco-based cryptocurrency exchange Coinbase recently announced the company plans to do a direct listing, as opposed to following the initial public offering (IPO) route. The decision means that Coinbase can float its shares on an exchange without hiring a financial institution...
And GameStop's Stock Is Still Going
30.1.2021
A week after its logic-defying surge began, GameStop stock is still holding strong, despite more shenanigans and goofy twists, closing at $325 today. That’s higher than Facebook, Apple, and Microsoft. The bubble seems destined to burst any day now, but boosters on the WallStreetBets subreddit...
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
Japan to Have Blockchain-Based Stock Exchange in 2022
29.1.2021
The exchange reportedly planned by SBI and SMFG is expected to be the first of its kind in Japan
$180 Million Bitcoin Investment Fund IPOs on Canadian Stock Exchange
29.1.2021
Canadian investment management firm Ninepoint has completed an initial public offering (IPO) of its bitcoin fund on the Toronto stock exchange. The company says the offering is the largest IPO of a bitcoin investment fund in Canada to date. Ninepoint Partners announced Wednesday that its Bitcoin...
Portfolio App Blockfolio Adds Crypto, Stock Trading to Capitalize on GameStop Drama
29.1.2021
The app offers trading of crypto assets as well as tokenized stocks listed on derivatives exchange FTX
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
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...