Robinhood suspends buying for GameStop following stonks going ‘to the moon’
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
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Massive Gamestop Short Squeeze Highlights the Fragility of Today’s Financial System
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 stock. However, members of the Reddit forum called … Read more
FTX lists GameStop after Reddit-fueled 200% rally in two days
Reddit’s Wall Street Bets is beating hedge funds at their own game. Go to Source Powered by WPeMatico
BTC price clings to $31K as Scaramucci says GameStop boom ‘good for Bitcoin’
The rush into decentralized investment will only serve to fuel Bitcoin’s position, the investor says amid outrage at GameStop’s performance. Go to Source Powered by WPeMatico
Whole Foods and Major Retailers Now Accept Cryptocurrency via the Spedn App
On May 13, cryptocurrency enthusiasts were pleased to hear that major retailers including Whole Foods, Lowes, Petco, Regal Cinemas, and Gamestop will accept payments in crypto. The payments will be processed by Flexa using its custodial wallet called ‘Spedn’ which gives people the ability to spend with bitcoin core, ethereum, bitcoin cash, and GUSD. Also … Read more
