Reddit, Robinhood, Citadel CEOs to Testify at GameStop Hearing
The U.S. House Committee on Financial Services hearing will investigate issues around the recent trading surge for shares of GameStop and other companies. Source
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GameStop
Reddit Raises $250M After WallStreetBets’ GameStop Pump
Reddit has raised $250 million in a Series E fundraising round, the company announced Monday night. The social media site, which said both new and existing investors participated but did not disclose their names, plans to double its headcount with the funds, as well as build out its “video, advertising, consumer
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Preston Byrne on GameStop, Online Mobs and Marmots
Preston Byrne is a partner in Anderson Kill’s Technology, Media and Distributed Systems Group, and a CryptoX columnist. He joins CryptoX Features Editor Ben Schiller to discuss his recent op-ed about GameStop, Robinhood and the rise of online mobs.Schiller spoke to Byrne about: Source
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What the GameStop Saga Says About US Capitalism
There’s a reason the GameStop/WallStreetBets drama of the past two weeks got so much attention. It’s because it speaks forcefully to the inequities and systemic problems in both our financial markets and the internet economy and how they’ve shaped our politics and social tensions. So, in true “Money Reimagined” form,
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Robinhood Lifts Trading Limitations Put on Volatile Stocks Like GameStop
Robinhood had earlier put buy limitations on approximately 13 equities including GameStop, Koss, Express, Nokia, Blackberry and others.After limiting buy orders from retail traders at the tail end of last week, stock trading platform Robinhood has removed buy limitations put on highly volatile stocks including GameStop Corp (NYSE: GME) and
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South Korea Extends Ban on Short Sales After GameStop
South Korean retail investors pointed to the U.S. GameStop saga to pressure local regulators to extend the country’s ban on short-selling stocks. They succeeded, at least for now. Then, GameStop happened. In January, retail investors in the U.S. banded together on Reddit to bet in favor of stocks (like that of American
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GameStop, Dogecoin y un nuevo paradigma de mercado
Es difícil ser justo con el significado e importancia que ha tenido el escándalo de Reddit-Robinhood-GameStop ocurrido la semana pasada. Con esto no quiero decir que no haya sido sobreestimado en algunos lugares. He oído comparaciones con los disturbios del Capitolio. Y no es lo mismo: aquello se trató de una
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How Will the Government React to GameStop?
Welcome to State of Crypto, a CryptoX newsletter looking at the intersection of cryptocurrency and government. I’m your host, Nikhilesh De. Yeah, of course we’re talking about GameStop (GME) today. Here are my questions: What can the U.S. government do, what might the government do and what impact could that
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Federal Reserve Soup Now Includes Bitcoin, DeFi, Silver, GameStop
Bitcoin (BTC) was higher for a second day, pushing toward the upper end of the range between roughly $30,000 and $36,000 where it has traded for the past couple weeks.Ether (ETH), the second-biggest cryptocurrency, rose toward a new record, potentially fueled by fresh interest in the blockchain’s decentralized trading systems
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Silver Is the New GameStop as Musk’s #Bitcoin Stalls
Bitcoin (BTC) quickly settled back into the past couple weeks’ range between roughly $30,000 and $36,000, after a short-lived price spike Friday when Elon Musk, the electric-vehicle and private-spaceflight entrepreneur who’s also reportedly the world’s richest person, added “#bitcoin” to his Twitter profile.“The longer we stay at the current level,
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