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Day: May 16, 2024

Meme Stock Mania Fades for GameStop and AMC
Web3

Meme Stock Mania Fades for GameStop and AMC

ByGlitch May 16, 2024May 16, 2024

The resurgence of meme stock frenzy surrounding GameStop (GME) and AMC appears to be losing momentum as both stocks have experienced significant downturns. GameStop’s shares plunged to $31.91, marking an…

Read More Meme Stock Mania Fades for GameStop and AMCContinue

GameStop Whale Nets $44 Million from Options Trade
Web3

GameStop Whale Nets $44 Million from Options Trade

ByGlitch May 16, 2024May 16, 2024

In a stunning display of market timing, a GameStop whale transformed a $908,000 investment into a colossal $44 million in under a month, reports Unusual Whales. The investor made a…

Read More GameStop Whale Nets $44 Million from Options TradeContinue

U.S. Spot Bitcoin ETFs Surge Amid Positive Market Trends
Fiat

U.S. Spot Bitcoin ETFs Surge Amid Positive Market Trends

ByGlitch May 16, 2024May 16, 2024

In a significant financial development, U.S. spot Bitcoin ETFs have experienced a notable surge, recording a two-week high inflow of $303 million as Bitcoin’s price soared past $66,000. According to…

Read More U.S. Spot Bitcoin ETFs Surge Amid Positive Market TrendsContinue

Bitcoin Hits $66,000 Amid Positive Inflation Trends
Cryptocurrency

Bitcoin Hits $66,000 Amid Positive Inflation Trends

Bybennysteele May 16, 2024May 16, 2024

Bitcoin has achieved a notable milestone early Thursday morning, soaring past the $66,000 mark. This represents a 6.6% increase since yesterday and an 8.3% rise over the past week, with…

Read More Bitcoin Hits $66,000 Amid Positive Inflation TrendsContinue

Tornado Cash Developer Appeals Money Laundering Conviction
Web3

Tornado Cash Developer Appeals Money Laundering Conviction

Bybennysteele May 16, 2024May 16, 2024

In a recent development, Tornado Cash developer Alexey Pertsev has lodged an appeal with the s-Hertogenbosch court of appeal following his conviction for money laundering on Tuesday. According to a…

Read More Tornado Cash Developer Appeals Money Laundering ConvictionContinue

Bitcoin and Dogecoin Surge Amid Meme Stock Rally
Cryptocurrency

Bitcoin and Dogecoin Surge Amid Meme Stock Rally

Bybennysteele May 16, 2024May 16, 2024

In a vibrant day for cryptocurrency markets, Bitcoin’s price is soaring, reaching its highest level in three weeks at $65,872, as reported by CoinGecko. The leading cryptocurrency by market cap…

Read More Bitcoin and Dogecoin Surge Amid Meme Stock RallyContinue

Blast Network Announces Delayed Token Airdrop
Cryptocurrency

Blast Network Announces Delayed Token Airdrop

ByAnshul May 16, 2024May 16, 2024

Blast, an emerging Ethereum layer-2 scaling solution founded by the creator of the NFT marketplace Blur, has set a new launch date for its BLAST token airdrop: June 26. This…

Read More Blast Network Announces Delayed Token AirdropContinue

Brothers Arrested for $25M Crypto Heist
Web3

Brothers Arrested for $25M Crypto Heist

ByAnshul May 16, 2024May 16, 2024

In a groundbreaking case that is shaking the foundations of the cryptocurrency world, the United States Department of Justice has apprehended two brothers, Anton and James Pepaire-Bueno, on charges related…

Read More Brothers Arrested for $25M Crypto HeistContinue

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