Gamestop Explained: How Reddit investors took on Wall Street hedge funds February 4, 2021 Reddit investors have started to buy up stocks in a bid to cause a “short squeeze”.
A Glitch In The Matrix – reality docu is a stoners’ paradise February 4, 2021 Premiering at this week’s Sundance Film Festival, A Glitch In The Matrix ponders a very large idea: what if what we perceive as reality is in fact a computer simulation? Talking to academics, artists, and hardcore believers discuss the various clues around us that suggest not all is as it seems. Director Rodney Ascher’s Room [...]
Bumper bullish bonzana: Lummis goes long, PayPal goes parabolic, Musk goes mad, and alliteration goes too far February 4, 2021 Crypto at a Glance It’s all systems go at the moment. Ethereum is in uncharted territory and has entered price discovery mode, Bitcoin has decisively broken out of the $30-35k range and is charging back towards $40k, and Elon Musk is tweeting about Doge again so expect that to have another wild weekend. It’s now [...]
BT in talks with Oneweb over satellite broadband rollout February 2, 2021 BT is in discussions over the potential use of Oneweb satellites to help roll out broadband to the most remote parts of the UK. The telecoms giant is in early stage talks to explore how satellite constellations could be used to beam internet services to rural areas that are too difficult or expensive to reach [...]
Monkey business: Elon Musk has wired up a monkey to play video games with its mind February 1, 2021 Eccentric biliionaire and boss of Tesla and SpaceX Elon Musk can claim another first after he told an audience his company Neuralink has wired up a monkey's brain to " play video games with his mind"
Robinhood raises $2.4bn in second cash injection as Reddit investors overwhelm app February 1, 2021 Robinhood has raised another $2.4bn from its shareholders after a turbulent week amid a surge of new investors piling into Gamestop. The online trading app today confirmed it had raised $3.4bn to invest in “record customer growth” including a $1bn injection on 29 January. Last week Reddit day traders flocked to Gamestop lifting its share [...]
Bitcoin culture in the mainstream? February 1, 2021 Bitcoin has been consolidating in price for the past 3 weeks since it hit $42,000 in January 2021. At the time of writing today’s article the price sits around $33,800 and is starting to experience a slight upwards momentum. I expect Bitcoin’s price will perform very well in February due to a number of reasons, [...]
Elon Musk in the Clubhouse, not the Dogehouse! February 1, 2021 Crypto at a Glance If you caught last week’s episode of ‘The Markets do the Funniest Things’, you’ll undoubtedly have been on the edge of your seat waiting to see how it all turns out this week. But let’s start with a quick recap. Friday’s cliffhanger saw GameStop back up and running on Robinhood and [...]
GameStop rises on Wall St open as FCA issues trading warning January 29, 2021 GameStop stock was up more than 100 per cent as US markets opened today, as popular trading platform Robinhood eased restrictions on buying into the stock. The army of small investors behind this week’s dramatic squeeze on Wall Street hedge funds returned to drive shares in GameStop and other hot companies higher on Friday as online broker [...]
Cryptoshonk! What a time to be alive! January 29, 2021 What a time to be alive used to be a euphoric and jubilant phrase that celebrated life and the world we lived in. Under lockdown, the phrase is now used ironically as that celebrated world feels more like an Old and Lost World. Another Eden destroyed and lost. Covid is the New Flood. As usual, [...]