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Gamestop Shares Surge 70% as Roaring Kitty Returns to Social Media


Gamestop shares climbed by 70% today, representing the most significant gain since 2021, triggered by a mysterious social media post from Roaring Kitty, the figurehead of the earlier meme stock and Wall Street Bets craze. This sharp rise in the stock’s value occurred alongside pronounced...

South Korea’s Bitcoin Premium Narrows, Yet Remains Above Global Average


Recent figures show that despite bitcoin’s downturn in price, premiums in South Korea have diminished yet remain around $1,800 to $2,000 higher than BTC’s weighted global average price. Further metrics reveal that the South Korean won still ranks as the second most traded fiat...

Stablecoin Market Stabilizes at $160 Billion; FDUSD and PYUSD Lead Growth


Over the past 19 days, the stablecoin economy has stabilized with negligible growth after reaching the $160 billion threshold at April’s end. Out of the top five, FDUSD is currently the frontrunner in terms of 30-day growth, showing a 15.3% increase in supply. Stablecoin Valuation Holds...

GameStop Wants You To Start Trading In Your Valuable Pokémon Cards


The market for high-end collectibles like rare Pokémon cards has exploded in recent years, and GameStop seems to want a piece of it. The gaming retailer told some store managers this week that it would begin testing buying Professional Sports Authenticator (PSA) graded trading cards later this...

U.S. CFTC Proposes Ban on Political Event Contracts


The U.S. Commodity Futures Trading Commission (CFTC) proposed a formal rejection of event contracts that bet on the outcome of political activity in a vote on Friday, beginning an effort to wall off U.S. customers from platforms that allow the trading of predictive contracts

Robinhood Reports 224% Surge in Crypto Trading Volumes in Q1


Popular trading platform Robinhood has experienced a substantial increase in crypto trading volumes during the first quarter, with a surge of 224% to reach $36 billion.  The post Robinhood Reports 224% Surge in Crypto Trading Volumes in Q1 appeared first on Cryptonews

Crypto Derivatives Exchange Bitmex Ventures Into Options Trading


On Wednesday, the cryptocurrency exchange and derivatives trading platform Bitmex declared its introduction of new trading options. Users now have the opportunity to engage in a broad selection of crypto options, which are margined in bitcoin, USDT, or USDC. Bitmex Introduces Options Trading...

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