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“#Price of silver surges as Reddit traders find new target” Silver surged to its highest price in years on Monday as it became the latest target for a brigade of day-traders on Reddit. The precious metal was recently trading up about 9 percent at about $29.40 an ounce after rising above $30 for the first…
“# Wallstreetbets and GameStop saga set for Hollywood treatment in new film ” The r/Wallstreetbets saga which saw a group of Redditors join forces to extract billions from Wall Street hedge funds is set to be turned into a movie. As reported by Deadline on Jan. 31, a newly proposed book by The Social Network…
“# Elon Musk, Bitcoin and the Reddit raiders: 6 things to watch for BTC price this week ” Bitcoin (BTC) starts a new week with $30,000 intact and a message of support from the world’s richest man — what can we expect next? As trading resumes around the world, the largest cryptocurrency is still lacking…
“#Hollywood already eyeing movie on WallStreetBets, GameStop” This was a sure bet… Hollywood already has its sights set on last week’s GameStop trading frenzy. MGM recently scored the rights to a book proposal about the WallStreetBets Reddit forum tentatively titled “The Antisocial Network,” Deadline reported Sunday. The planned tome, by Ben Mezrich, will explore how…
“# 85% Dogecoin rally shows Wall Street Bets aren’t done with DOGE yet ” After gaining the spotlight due to a 980% pump on Jan. 28, Dogecoin (DOGE) briefly entered the top 10 ranking by market capitalization for the first time since 2015. Once the massive pump lost momentum and traders quickly took profits, it…
“# Bitcoin subreddit hits 2M subscribers following GameStop controversy ” One of the most well-known online Bitcoin communities passed two million subscribers in a surge of activity on Friday, purportedly due to the media attention over the r/Wallstreetbets subreddit. According to the Metrics For Reddit analytics website, the subreddit r/Bitcoin has 2,184,941 subscribers at the…
“#Redditors buy Times Square billboard as GameStop stock saga rages” Defiant amateur investors on Reddit say they are not backing down on their investments in GameStop — and even took out billboards in Times Square and across the country urging the faithful to continue holding the line. “$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…