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The past week has been a dark period in the history of crypto, with the total market capitalization of this industry dipping as low as $1.2 trillion for the first time since July 2021. ![]()
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The turmoil, in large part, has been due to the real-time disintegration of $Terra (LUNA.CC)$.
Last week, Terra has officially stopped block production as the blockchain's native token hit a low of $0.0003, near zero.![]()
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In a tumble start...
Last week, Terra has officially stopped block production as the blockchain's native token hit a low of $0.0003, near zero.
In a tumble start...
![Terra debacle nearly kill crypto: What exactly makes a stablecoin usable?](https://ussnsimg.moomoo.com/357064610463913404.png/thumb)
![Terra debacle nearly kill crypto: What exactly makes a stablecoin usable?](https://ussnsimg.moomoo.com/3783330306219129362.png/thumb)
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Since news broke that billionaire Elon Musk will be taking over $Twitter (Delisted) (TWTR.US)$, there's been an outpouring of mixed reactions.
Musk has stated intentions to take Twitter private once his takeover of the firm is complete, saying that he wants to make the social network "a platform for free speech."
Elon Musk's takeover of Twitter has sparked a complete media meltdown
Several members ...
Musk has stated intentions to take Twitter private once his takeover of the firm is complete, saying that he wants to make the social network "a platform for free speech."
Elon Musk's takeover of Twitter has sparked a complete media meltdown
Several members ...
![Vote Now | The Jeff Bezos-owned paper has been relentlessly attacking Elon Musk over his acquisition of Twitter](https://ussnsimg.moomoo.com/4222003632560666315.jpg/thumb)
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Investors looking to bet on rising inflation have a new exchange-traded fund with a ticker to match: PPI.
AXS Investments, a leading asset manager providing access to alternative investments, launched its first Exchange-Traded Fund on Dec.30 : $AXS ASTORIA INFLATION SENSITIVE ETF (PPI.US)$
Fund Overview
According to AXS Investments official websites, $AXS ASTORIA INFLATION SENSITIVE ETF (PPI.US)$ is an actively managed, broadly diversified ...
AXS Investments, a leading asset manager providing access to alternative investments, launched its first Exchange-Traded Fund on Dec.30 : $AXS ASTORIA INFLATION SENSITIVE ETF (PPI.US)$
According to AXS Investments official websites, $AXS ASTORIA INFLATION SENSITIVE ETF (PPI.US)$ is an actively managed, broadly diversified ...
![Inflation sensitive ETF 'PPI' aims to hedge rising prices](https://ussnsimg.moomoo.com/3668390872472312713.png/thumb)
![Inflation sensitive ETF 'PPI' aims to hedge rising prices](https://ussnsimg.moomoo.com/5865122837084663835.png/thumb)
![Inflation sensitive ETF 'PPI' aims to hedge rising prices](https://ussnsimg.moomoo.com/3220156549901313302.png/thumb)
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This year's activity coincided with a surge of rookie investors who joined the world of stock trading to ride the historic market rebound. Remote work, stimulus checksandhigher personal savings levels,as well as social media chatrooms only accelerated the boom in retail trading.
The meme stock saga started just days into 2021 when retail traders teamed up on Reddit's WallStreetBets' forum, aiming to bid up $GameStop (GME.US)$'s shares, which were heavily shorted by hedge funds. The retail buying triggered massive short covering among hedge funds that fueled the rally even further.
Trading volume for GameStop and meme stock favorite $AMC Entertainment (AMC.US)$ has faded. About 2.5 million shares of GameStop are changing hands daily based on a 30-day average as of Dec. 22, a fifth of that in January.
--- according to FactSet
Reddit traders also appear less focused on GameStop and AMC, which were the two most-mentioned tickers on WallStreetBets this year.
--- according to data tracker YoloStocks
WallStreetBets mentions for both peaked on Jan. 28 at about 267,000 for GameStop and 47,000 for AMC, but typical days for each over the past few months see hundreds, not thousands, of mentions.
Follow me to know more about meme stocks![]()
Despite recent market sell-offs with GameStop and AMC each dipping to their lowest levels in months on Dec.14. But both stocks are up this year, at about 707% and 1,245% as of Dec.27, respectively .
Performance varies for other stocks popular on Reddit message boards.![]()
$Koss Corp (KOSS.US)$jumped 285%, $BlackBerry (BB.US)$ was up 43% for the year, while $Tesla (TSLA.US)$added 51%. ![]()
On the down side, $ContextLogic (WISH.US)$dipped 80%, $Clover Health (CLOV.US)$dropped about 75%. $Palantir (PLTR.US)$ and $Bed Bath & Beyond Inc (BBBY.US)$ was down roughly 20% and 10%, respectively.
Source: Reddit, CNBC
The meme stock saga started just days into 2021 when retail traders teamed up on Reddit's WallStreetBets' forum, aiming to bid up $GameStop (GME.US)$'s shares, which were heavily shorted by hedge funds. The retail buying triggered massive short covering among hedge funds that fueled the rally even further.
Trading volume for GameStop and meme stock favorite $AMC Entertainment (AMC.US)$ has faded. About 2.5 million shares of GameStop are changing hands daily based on a 30-day average as of Dec. 22, a fifth of that in January.
--- according to FactSet
Reddit traders also appear less focused on GameStop and AMC, which were the two most-mentioned tickers on WallStreetBets this year.
--- according to data tracker YoloStocks
WallStreetBets mentions for both peaked on Jan. 28 at about 267,000 for GameStop and 47,000 for AMC, but typical days for each over the past few months see hundreds, not thousands, of mentions.
Follow me to know more about meme stocks
Despite recent market sell-offs with GameStop and AMC each dipping to their lowest levels in months on Dec.14. But both stocks are up this year, at about 707% and 1,245% as of Dec.27, respectively .
Performance varies for other stocks popular on Reddit message boards.
Source: Reddit, CNBC
![Meme stocks rally shock Wall Street in 2021](https://ussnsimg.moomoo.com/8876410088645847936.png/thumb)
![Meme stocks rally shock Wall Street in 2021](https://ussnsimg.moomoo.com/5601010910689817534.png/thumb)
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![Top 10 company buybacks of S&P 500](https://ussnsimg.moomoo.com/5559910813780885732.png/thumb)
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Coach has launched its first collection of NFTs, featuring eight Coach holiday animals from the fashion house. The release of the NFTs marks the finale of Coach's 80 years anniversary with digital innovation.
It also celebrates the house's holiday message to "Give A Little Love". The 80 one-of-a-kind pieces of digital art will include Coach's beloved mascot Rexy, Fuzz the polar bear, Belle the penguin, Holly the deer, Ginger the fox, Paddles the goose, Luna the owl, and Spike the hedgehog. All of the characters were also launched in the fashion's house latest digital game, Snow City.
According to the fashion house, 10 unique NFTs of each of the eight characters will be given away over eight days. There will be one animal per day from today, December 17th through Christmas Eve on the 24th.
The drop will be announced through Coach's Twitter account. Additionally, each Coach NFT grants consumers the right to receive one complimentary Made-to-Order Rogue bag gifted to the initial holders of the Coach NFTs in 2022.
Source: Coach.com, Marketing Interactive
It also celebrates the house's holiday message to "Give A Little Love". The 80 one-of-a-kind pieces of digital art will include Coach's beloved mascot Rexy, Fuzz the polar bear, Belle the penguin, Holly the deer, Ginger the fox, Paddles the goose, Luna the owl, and Spike the hedgehog. All of the characters were also launched in the fashion's house latest digital game, Snow City.
According to the fashion house, 10 unique NFTs of each of the eight characters will be given away over eight days. There will be one animal per day from today, December 17th through Christmas Eve on the 24th.
The drop will be announced through Coach's Twitter account. Additionally, each Coach NFT grants consumers the right to receive one complimentary Made-to-Order Rogue bag gifted to the initial holders of the Coach NFTs in 2022.
Source: Coach.com, Marketing Interactive
![Coach gives a little festive love with first NFT collection](https://ussnsimg.moomoo.com/6903059717253142856.jpg/thumb)
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Price nice to buy 👉🏻0.650 , 0.655 and 0.660
Cut loss if drop 0.640
Target price 👉🏻 Have a profit that you are ok & happy then sell lah 😎 *** don't forget to look at the graphs to find the best selling points. 😎
wishing you lucky 🤑🤑🤑
Support 👉🏻 0.64
Resistance 👉🏻 0.70
Cut loss if drop 0.640
Target price 👉🏻 Have a profit that you are ok & happy then sell lah 😎 *** don't forget to look at the graphs to find the best selling points. 😎
wishing you lucky 🤑🤑🤑
Support 👉🏻 0.64
Resistance 👉🏻 0.70
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$ThaiBev (Y92.SG)$ Buy it before it explodes!
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