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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.

CoinShares and Blockchain Launch Bitcoin Gold Token

CoinShares, a digital asset management company, jointly with Blockchain, a cryptocurrency wallet provider and precious metals dealer MKS, has launched a network for trading gold-backed tokens based on the Bitcoin blockchain


CoinShares, a digital asset management company, jointly with Blockchain, a cryptocurrency wallet provider and precious metals dealer MKS, has launched a network for trading gold-backed tokens based on the Bitcoin blockchain, reports The Block.

The development of the project lasted about two years. At the initial stage, to secure tokens, gold worth more than $ 20 million is used, which is stored in Switzerland. Each DGLD token is provided with 1/10 troy ounce. CoinShares Chairman Daniel Masters said:

DGLD combines the stability of the longest-running asset in the world with the security of the most reliable network. Now you can be sure that your gold in material form is stored in Switzerland, and at the same time use the same level of convenience, but do not resort to the same levels of intermediaries as when working with ETF for gold

The tool will be available to both institutional and retail investors, and will be presented in more than 200 countries where The PIT from Blockchain operates. The exact launch date of the token is unknown, but, according to Masters, this will happen "in the coming weeks." When launched, the DGLD will not be available in the United States, Canada, and sanctioned countries.


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