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Bitcoin Tops $45K for First Time as Market Bets Others Will Follow Tesla’s Lead
9.2.2021
That Tesla has invested in bitcoin is an announcement the market had long sought to hear
First Mover: Ethereum, DOGE on Own Journeys as Inflation Bets Fuel Bitcoin
4.2.2021
Altcoins like Chainlink get big boost from DeFi growth on Ethereum, while inflation bets boost bitcoin and dogecoin gets (Elon Musk) moonshot
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
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...
XRP Displaces Polkadot Token After Price Soars 100% in 48 Hours
1.2.2021
In a surge reminiscent of dogecoin’s recent rally, the value of the XRP token soared by more than 100% in just 48 hours. After starting the day at $0.29 on January 30, data shows that the token peaking at just above $0.67. At the time of writing, XRP is trading at around $0.66  ...
MGM, Winklevoss Twins to Make Movie About Reddit’s GameStop Investors Taking on Wall Street
1.2.2021
MGM has acquired the movie rights to a book proposal known as "The Antisocial Network" by New York Times best-selling author Ben Mezrich
85% Dogecoin rally shows Wall Street Bets aren’t done with DOGE yet
1.2.2021
Dogecoin rallied by more than 85%, suggesting Wall Street Bet’s crypto wing may have decided that they weren’t done with DOGE yet
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.”...
XRP price gains 86% after Wall Street Bets’ crypto wing says 'pump it'
30.1.2021
XRP price rallied 86% as members of a Reddit-based investing group shifted their focus from Dogecoin
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
FTX Exchange Lists WallStreetBets Futures to Capitalize on Investing Movement
29.1.2021
The futures contract is based on a basket of stocks being targeted by WallStreetBets and dogecoin
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
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...
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...
Fed Chief Bets That US's 'First-Mover Advantage' in CBDC Race Is Stronger Than China's
15.1.2021
Fed Chairman Jerome Powell. Source: a video screenshot, Youtube, NBC News
Jerome Powell, the chairman of the US Federal Reserve (the Fed), has suggested that the United States is in no rush to issue a central bank digital currency (CDBC), opining that the dollar’s status as the de facto world...
Top Gambling Firm IGT Obtains US Patent for a System to Enable Customers to Fund Their Bets via Crypto
7.1.2021
A gambling tech giant received the green light from the U.S. Patent and Trademark Office (USPTO) to start offering cryptocurrency payment options to their users. The company is known for manufacturing slot gambling machines. Gamblers Could Also Transfer Crypto From Their Wallets to...
Gambling Tech Giant IGT Patents Way to Fund Bets With Bitcoin
5.1.2021
IGT's bitcoin funding patent comes as the gambling tech giant's plans for cashless wagering move forward
Ripple Bets On the New SEC While the XRP Purge Continues
30.12.2020
It looks like major US-based blockchain company Ripple is putting their hopes in the new US Securities and Exchange Commission (SEC) following a lawsuit filed against the company by the regulator. Meanwhile, more platforms are suspending trading in XRP.
Ripple is now looking towards the incoming...
"All bets are off" now that Bitcoin has broken $20k, says trader
16.12.2020
Bitcoin zipped past $20,000 per coin this morning, pushing the asset into uncharted waters