Article By:
Invezz
Sunday, January 14, 2024 9:30 AM EDT
Notable NFT news this week is from video game retailer GameStop, which has announced its NFT marketplace will shut down next month. The publicly-traded company is citing “regulatory uncertainty” for its decision to discontinue the NFT business.
GameStop Reports 175% E-Commerce Growth In Q4
But $GME revenue was down 10% from 2019 as a whole. This 175% number just means that their online sales were previously pathetic and don't make up nearly enough of their business as they need it to.
GameStop's Stock Price Is Still 'Very Detached From Fundamentals'
I disagree with your analysis of the fundamentals here. #Gamestop has a lot of potential, especially with the newest addition to the board and a plan to pivot towards digital. Bullish on $GME.
Bitcoin Bursts Back Above $40k, Ethereum Open Interest Hits New Highs
Such a nonsense, this #ethereum interest. Absolutely no reason, simple pump like $gme
Imagine if GameStop Sold Games as Exciting as Its Stock
If I wanted a game as stressful as trading $GME I would just play Dark Souls lol.
Caveat Emptor - Are You A WSB 'Useful Idiot'?
Thousands! Go $GME
Caveat Emptor - Are You A WSB 'Useful Idiot'?
How much are you willing to lose on $GME to prove your point?
Caveat Emptor - Are You A WSB 'Useful Idiot'?
You still don’t get it! It is not about the money. It is not business... it is personal.
I simply don’t give a damn if I lose money on $GME as long as the short selling hedge funds suffer.
Fintech Startup Robinhood Announces It Will Support Cryptocurrency Trading
Do you think #Robinhood was right to suspend trading on $GME?
Game Over, Man
The $GME fiasco has been making my head spin. On the one hand, the stock keeps going up and I want to jump on the band wagon. But there is a reason these stocks were shortened - the financials simply don't support these prices and it won't last. Honestly, I don't know if some of these companies will even survive the pandemic without filing for chapter 11.
Crackdown Arrives: Interactive Brokers Joins Robinhood, Blocks Buying Of Gamestop, AMC, Others
No, he’s legit. He's scared $GME will cause a financial crisis. If clearing house goes tits up then whole market will dump and hedges are broken