Cairo Arevalo, Author at Bullish Times

Meme Stock Mania Fades for GameStop and AMC

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 18% drop, before making a slight recovery to $33.38, still down 16% from its previous close. AMC shares also opened the market 8% lower than […]

GameStop Whale Nets $44 Million from Options Trade

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 significant bet on GameStop by purchasing 25,330 call options on April 24, each at a price of $0.36, granting the ability to buy GameStop shares […]

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

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 data from Farside Investors, all U.S. spot Bitcoin ETFs, with the exception of BlackRock’s iShares Bitcoin Trust (IBIT), reported inflows on May 15th. Notably, IBIT […]

Cross the Ages Launches CTA Token and Secures New Funding

Cross the Ages, a competitive trading card game that integrates NFTs on the Ethereum scaling network Immutable X, announced the launch of its CTA token on Wednesday. This significant development was coupled with news of a successful $3.5 million equity funding round, elevating the gaming studio’s total capital raised to $23.5 million, including previous investments […]

Bitcoin Rises Amid Sticky Inflation Data

Bitcoin’s price saw a notable increase following the release of U.S. inflation data for April, which indicated that inflation was more persistent than anticipated. According to the U.S. Bureau of Labor Statistics (BLS), consumer prices in April were 3.4% higher than last year, a slight decrease from March’s 3.7%. Immediately after the BLS published its […]

GameStop’s Roller Coaster Ride: Surge and Sudden Drop

GameStop’s stock (GME) experienced a sharp decline Wednesday morning, falling about 30% to $34.12 in the opening minutes of trading. This significant drop has pared back a large portion of the gains from a dramatic rally earlier this week, sparked by the apparent online return of Keith Gill, also known as Roaring Kitty, the meme […]

Chain of Alliance Launches Beta with Major Overhaul

Blockchain-powered role-playing game (RPG) Chain of Alliance has launched its beta version, making “massive changes” to its game systems and overhauling its visuals and UI. “In general we’ve revamped most of the game for the better,” said the Chain of Alliance Marketing Lead Jorn Wisman. “We have made massive changes on our beta build vs […]

GameStop Soars 130% After Roaring Kitty Returns

GameStop’s stock (GME) is up 130% in premarket trading, officially placing it among the 500 largest public companies in the U.S. the day after Roaring Kitty returned to Twitter. This comes the day after Keith Gill, most well-known by his Reddit usernames, Roaring Kitty or DeepFuckingValue, returned to social media after three years of silence. […]

Author: Cairo Arevalo