The resurgence of the trader known as Roaring Kitty on social media platform X ignited a dramatic surge in GameStop shares on Monday, marking a remarkable return to the meme stock frenzy of 2021. The surge, fueled by a cartoon shared by the trader, had little to do with the company's underlying fundamentals. GameStop shares …
Reddit manias GameStop or $GME which had become a sensation during the period of late January at the beginning of this year, now seems to be out of the news. This has occurred as the crowd moves from one thing to the other. What has replaced $GME is now cryptocurrency which everyone seems to be …
One of the most difficult problems in finance right now is figuring out the fundamental economic value of cryptocurrencies. And the past week has complicated this further. For many cryptocurrency investors, the value of Bitcoin is based on the fact it is artificially scarce. A hard cap on “minting” new coins means there will only …
