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The Mad Money host proposed that the company’s brick-and-mortar shops could become “crypto-information palaces” in which gamers could buy and sell cryptocurrencies. Go to Source Powered by WPeMatico
Former BitMEX CEO Arthur Hayes has called on all legacy traders to “opt-out” of legacy trading platforms and embrace the “Crypto Capital Markets.” Go to Source Powered by WPeMatico
Elon Musk has tweeted that dogecoin is people’s crypto shortly after the billionaire pledged to go off the social media platform for while. Incidentally, the token, which traded at $0.0411 on February 3, surged to $0.0588 just as Musk was tweeting. However, at the time of writing, the token appeared to have retreated to $0.0541, … Read more
Following the Wallstreetbets saga last week, a great number of the popular shares being fueled by social media have started to tank in value. Gamestop shares dropped over 60% on Tuesday, while AMC dropped more than 49% shaking investors who bought into these stocks to the core. Meanwhile, a number of cryptocurrency advocates believe the … Read more
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 to produce the … Read more
A Melvin Capital client claims that the firm has “massively de-risked” its investment portfolio following the controversy involving short-selling GameStop stocks. Go to Source Powered by WPeMatico
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.” Moreover, Interactive Brokers founder Thomas Peterffy made similar comments this week … Read more
Dogecoin is ranked among the top 10 cryptocurrencies for the first time since 2015 after a meteoric pump believed to have been orchestrated by a Reddit group. Go to Source Powered by WPeMatico
The trading platform’s decision to shut Redditors out from buying GameStop continues to raise eyebrows. Go to Source Powered by WPeMatico
The video game retailer had its own GME Army pushing the price of the stock to an all-time high before platforms stepped in. Go to Source Powered by WPeMatico
