Stock Market

The Rise Of Dogecoin And GameStop Shows Us How Memes Can Move Markets

The Rise Of Dogecoin And GameStop Shows Us How Memes Can Move Markets

One of the most difficult problems in finance right now is figuring out the fundamental economic value of cryptocurrencies. And the past week has complicated this further. For many cryptocurrency investors, the value of Bitcoin is based on the fact it is artificially scarce. A hard cap on “minting” new…

GameStop’s Stock Can’t Save You

GameStop’s Stock Can’t Save You

GameStop’s rollercoaster ride through the absurd machinery of the stock market has been fun to watch. It sent some of CNBC’s finest minds scrambling to Wikipedia to find out what Reddit is and allowed for Very Serious Thought Leaders to peddle all sorts of pet theories, like blaming GameStop’s unlikely…