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“#Hollywood already eyeing movie on WallStreetBets, GameStop” This was a sure bet… Hollywood already has its sights set on last week’s GameStop trading frenzy. MGM recently scored the rights to a book proposal about the WallStreetBets Reddit forum tentatively titled “The Antisocial Network,” Deadline reported Sunday. The planned tome, by Ben Mezrich, will explore how…
“# 85% Dogecoin rally shows Wall Street Bets aren’t done with DOGE yet ” After gaining the spotlight due to a 980% pump on Jan. 28, Dogecoin (DOGE) briefly entered the top 10 ranking by market capitalization for the first time since 2015. Once the massive pump lost momentum and traders quickly took profits, it…
“# Bitcoin subreddit hits 2M subscribers following GameStop controversy ” One of the most well-known online Bitcoin communities passed two million subscribers in a surge of activity on Friday, purportedly due to the media attention over the r/Wallstreetbets subreddit. According to the Metrics For Reddit analytics website, the subreddit r/Bitcoin has 2,184,941 subscribers at the…
“#Redditors buy Times Square billboard as GameStop stock saga rages” Defiant amateur investors on Reddit say they are not backing down on their investments in GameStop — and even took out billboards in Times Square and across the country urging the faithful to continue holding the line. “$GME GO BRRR,” blared a digital ad on…
“#Elizabeth Warren enters GameStop discourse with letter to SEC” Sen. Elizabeth Warren on Friday asked the Securities and Exchange Commission to investigate the recent boost in GameStop stock price that was driven by calls for ordinary people to punish hedge funds. The Massachusetts Democrat raised the possibility that the stock rally, described as a populist…
“# Law Decoded: All vs. One and One vs. All, Jan. 22-29 ” Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Editor’s note “It was the best of times, it was the worst of times,” begins the most famous English-language story of the French…
“#GameStop stock insanity: Here’s everything we know” The Reddit-fueled GameStop insanity was far from Game Over on Friday — as the retailer’s stock price resumed its market rollercoaster ride, the mastermind behind the Wall Street attack spoke publicly and one of the czars of short selling admitted defeat at the hands of the mob. The…
“# DOGE price surge: The power of memes and social media on full display ” Anyone who has been in the crypto space over the last few years will undoubtedly be familiar with Dogecoin (DOGE) and how social media activity drives its price action. A “fork of a fork” based on Litecoin (LTC), the coin…
“#Short-seller Andrew Left says his firm will drop the practice” As the craziest short squeeze in stock market history rages on, one of the most outspoken voices in the short-selling world is throwing in the towel. Andrew Left, founder and CEO of Citron, announced via a video on social media that after 20 years his…
“# FTX created a Wall Street Bets index including GME, DOGE and others ” Following numerous headlines about the meteoric price rise of several assets, including GameStop (GME), AMC Entertainment (AMC) stocks, and Dogecoin (DOGE), crypto exchange FTX has listed an index following the assets. FTX named the index after Wall Street Bets — the…