Ah, good old Bitcoin. I’m sure you thought you’d be able to read a think piece on finance which did not contain any mention of this ubiquitous cryptocurrency. Or that of its successor in the public eye: NFTs.

So, GameStop and Bitcoin. Where’s the link? Both have been subject to essentially the same ‘hype cycle’ or ‘pump’ encouraged by institutional and retail investors. Anyone who frequents the r/Bitcoin subreddit, or scrolls through the hashtag on Twitter, is well aware of how easily the latest crypto influencer tweet can, actually, influence the cryptocurrency’s price. The advent of retail investors publicly eradicating…

Melissa Tranfield

Software engineering apprentice. EdTech, FinTech, politics, innovation. Founder of EDIFY @edifyldn

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