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Cryptocurrencies: 24151

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cryptonews

2021-02-07 12:00:00

Are GameStop-Style Surges In Crypto Any Different From Old Pumps & Dumps?

Are GameStop-Style Surges In Crypto Any Different From Old Pumps & Dumps?

Source: Adobe/epic_imagesThe biggest financial craze of the first month of 2021 was neither bitcoin (BTC) nor any other cryptoasset. It’s GameStop (GME), or rather the anti-short collective buying that has emerged around this stock of a troubled US company and other heavily shorted securities.In banding together via Reddit subreddit r/wallstreetbets (WSB) and other social forums, individual

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