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GameStop Is Joining the Russell 1000, but AMC Isn’t. How It Affects the Stocks.
GameStop Is Joining the Russell 1000, but AMC Isn’t. How It Affects the Stocks.

The latest rally in meme stocks has given AMC Entertainment and GameStop the biggest and third-largest market capitalizations among companies in the Russell 2000 index of small companies. The Russell indexes' annual reconstitution is coming up next week, so investors have been wondering it the pair might graduate into the large-cap Russell 1000 .

Don't Ignore GameStop's Crazy Valuation, But Its Business Is Getting Better
Don't Ignore GameStop's Crazy Valuation, But Its Business Is Getting Better

Were traders on the WallStreetBets subreddit right about GameStop (NYSE:GME) after all?

MarketWatch FUD Why a crash in meme stocks AMC and GameStop looks more likely now
MarketWatch FUD Why a crash in meme stocks AMC and GameStop looks more likely now

MarketWatch FUD media wrote: Could insider sales of meme stocks signal a coming crash in their share price? The empirical research suggests the answer is yes.

Fact: Elon Musk's reputation bottoms on Twitter after attacking bitcoin
Fact: Elon Musk's reputation bottoms on Twitter after attacking bitcoin

Elon Musk's repeated criticisms of bitcoin (BTC-USD) appear to have come at a cost — at least when you look at how people are feeling about him on Twitter.

Binance promises bitcoins purchases without overpayments

Bitcoin to become more affordable and cheaper for Russian investors. BullsInvest found out that one of the largest cryptocurrencies exchange Binance will beggin accepting payments in Rusian Ruble.


Bitcoin to become more affordable and cheaper for Russian investors. BullsInvest found out that one of the largest cryptocurrencies exchange Binance will beggin accepting payments in Rusian Ruble. According to CZ , Russians will be able to purcvhase BTC with their credit/debit cards with the lower commissions. What does this mean for Russian investors? And how will the simplification of cryptocurrency trading affect the withdrawal of capital from the country?

For the recent year, Russia has become the world leader in thrading on the platform of LocalBitcoins (the most famous cryptocurrency trading platform). Second on trading volume is United States with 18% and third China with 13%.

At the same time, Moscow is leader in over-the-counter trading volumes. Some analysts believe that one of the reasons is that businesses are using cryptocurrencies to circumvent sanctions. On daily basis Russians buy $ 10 million worth of cryptocurrencies with fiat, and Binance will transfer these transactions into a legal funel, says Vladimir Smerkis, co-founder of the cryptocurrency platform Box Token. According to him, the procedure, which involves the full disclosure of the user's identity, will "whitewash" the Russian cryptocurrency market.

 


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