Stocks

Dogecoin, the meme cryptocurrency, has seen a surge of interest following several price increases in recent months.

The price of the meme cryptocurrency has seen a series of surges since January, including Wednesday when it recorded a 53 percent rise in 24 hours.

The technology company's stocks have skyrocketed in value after interest in the company picked up on r/WallStreetBets.

The digital currency Dogecoin, which continues to see a meteoric rise in value, is now worth as much as Dow Inc. and the producer of Kleenex and Huggies after fans of the cryptocurrency set out to raise its value from roughly half of a cent to $1.

The value of the meme cryptocurrency soared from late January, rising by more than 800 percent at one point and climbing on a sharp incline from early April.

The stock trading app said it had been "experiencing a delay in order status updates" and that the issue was resolved.

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The latest rise came after Elon Musk, the CEO of Tesla, revealed that U.S. buyers can now pay for their car with Bitcoin.

The video game is popular with children and has proven to be financially lucrative for its owners, as well as some players.

Short selling stocks is an inherently risky bet due to the nature of the transaction. So why were there tens of billions of dollars invested in short positions in 2020 if the bets carry an added layer of risk for both retail investors and hedge funds?

The price of Dogecoin, the joke cryptocurrency, soared from late January to early February before stabilizing in recent weeks.

As coronavirus cases drop and vaccine distribution ramps up, tech stocks are experiencing increased volatility and large one-day drop-offs—and some believe the current market correction could affect these high-growth stocks for much longer.

GameStop, as well as other "meme stocks" like AMC, BlackBerry, Naked Brand Group, and Koss Corporation, have seen a boost on Monday morning.

On February 18, the House Committee on Financial Services held a hearing on the events surrounding the GameStop trading frenzy that took place in late January.

"PFOF" came up in Thursday's House Financial Services Committee hearing, which is centered on the recent frenzy over GameStop's stocks.

Remarks from Robinhood's Vlad Tenev, Reddit's Steve Huffman and more witnesses were all made available online ahead of Thursday's hearing.

Dogecoin's latest price marked around a seven percent drop in the last 24 hours, while its latest market cap value also declined by around seven percent.

While making an appearance on CNBC, though, Uber CEO Dara Khosrowshahi did float the possibility that people could eventually be able to use cryptocurrencies to pay for Uber services.

The price has been flattening since Monday, when it climbed by as much as 31 percent, A day earlier, it rose by a record high of more than 55 percent.

On Sunday, the price of Dogecoin saw a record rise of over 55 percent and soared by around 31 percent on Monday.

Users should be aware of any fees that may apply with Bitcoin purchases, depending on the cryptocurrency exchange platform accessed.

Both the rioter camp and the Redditor camp believed in false narratives.

According to information from the Select Subcommittee on the Coronavirus Crisis, over 12,000 Tyson Foods workers contracted COVID-19 with 38 dying from the virus.

In an AMA on r/WallStreetBets, the billionaire touched on a bunch of points to the aspiring traders.

The real-life "Wolf of Wall Street" made some small adjustments to Leonardo DiCaprio's famous "I'm not leaving" monologue from the 2013 film, to address traders frustrated by limitations put on the trading of meme stocks.

People can invest in silver through future contracts, precious metals securities and physical metal.

The story behind the war between the hedge funds and the day traders over GameStop. And the sordid tale of Jeffrey Epstein continues.

Steve Cohen had faced criticism from amateur traders and others amid the GameStop/Robinhood stock market debacle.

On Thursday, Dogecoin reportedly set a new record for the most tweets about a cryptocurrency over a 24 hour period.

The Robin Hood Society has amassed around 40,000 Twitter followers, after beginning the week with less than 400.