GameStop (GME) stock experienced a significant 19% surge in overnight trading on Robinhood after Keith Gill, also known as "The Roaring Kitty," made a revelation. Gill, posting under the Reddit account "DeepFuckingValue," disclosed his holdings of GME shares and call options, with a notional value exceeding $180 million. This post marked his first activity on Reddit since April 2021.
Read MoreRobinhood, the widely-used trading platform, is on the verge of reaching a settlement with investors who sued the company for its decision to halt trading on certain meme stocks, including GameStop, in 2021.
Read MoreWhile the GameStop frenzy appears to be calming down, Bitcoin's price is experiencing a significant surge today. The largest cryptocurrency by market capitalization is now at its highest level in three weeks, reaching $65,872, as reported by CoinGecko.
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