It’s been nearly a month since the GameStop saga came to a head with a high of nearly $500 per share, but the story is far from over.
Author: Mati Greenspan
Not that it was really worth covering at the time, as some fear, uncertainty, and doubt from the Federal Reserve was the last thing on my mind as bitcoin fell on Monday, but here’s the article including comments from U.S. Treasury Secretary Janet Yellen, who previously chaired the Fed.
What a difference a day makes, or, in this case, a weekend. Happy Monday, everybody.
There’s no doubt in my mind that financial markets are in a bubble right now. The thing is that when you’re in a bubble, it’s very difficult to know what fair value may be, or when it might burst.
“If bitcoin gets too popular or becomes a threat the governments will ban it.”
-Every nocoiner out there
We’d like to start out today by wishing all our readers in the U.S. a very happy Presidents Day, but more importantly, we wish for you to stay warm.
When America was young, it would take weeks or even months to travel from coast to coast, a journey that was fraught with danger and peril at every turn.
Somebody pinch me please. This has to be a dream.
In the aftermath of the great financial crisis, the investment landscape across the world had been completely shaken, and financial institutions were really on the ropes.
Looking at the charts today, it does seem like it’s game over for GameStop.