The GameStop meme stock drama was one of the biggest stories of 2021 in the financial and technology spheres, and there are multiple films based on it in the works. One of them is called GameStop: Rise to the Players, and now the first trailer and poster for it have arrived.

The documentary covers the origin of the GameStop "stock market phenomenon" in 2021, featuring some of the "original players who lit the fuse on a historic amateur investing uprising."

"Spotlighting the human side of a sensational business drama, Gamestop: Rise of the Players is a David vs. Goliath tale about ordinary people waking up to the power they have in numbers," reads a line from its description. The movie opens in theaters on January 28.

The film is directed by Jonah Tulis, who previously made the movie Console Wars that documented the battle between Nintendo and Sega in the '90s. Blake J. Harris, who co-directed that movie and wrote the book it was based on, is a producer on GameStop: Rise to the Players, alongside Dan Braun and Josh Braun.

In addition to this film, MGM purchased the rights to Ben Mezrich's book The Antisocial Network: The GameStop Short Squeeze and the Ragtag Group of Amateur Traders That Brought Wall Street to Its Knees. Mezrich previously wrote Bringing Down The House, which was adapted for the 2008 drama 21 starring Kevin Spacey, Jim Sturgess, and Laurence Fishburne. Mezrich's other popular book, The Accidental Billionaires, told the story of the founding of Facebook. It would later be adapted for the Oscar-winning movie The Social Network starring Jesse Eisenberg as Mark Zuckerberg.

In January 2021, GameStop's share price exploded due in part to investors on Reddit's Wall Street Bets subreddit and other forums taking aim at the institutional investors who were "shorting" the stock. This created what's known as a "short squeeze," and GameStop's share price blasted off to record heights. After trading at under $5 per share, the stock exploded above $500, making some people incredibly wealthy, at least on paper. The company's share price has since fallen back down, but it's still above $100 per share today, making it very lucrative for a group of people.

GameStop is now being run by Ryan Cohen, the billionaire founder of the pet food company Chewy.

Bitcoin has been performing better than Nasdaq for the past week in a first since quite some time according to our observation. Nasdaq fell by 2.6% yesterday. Bitcoin dropped by...

OKB coin price action forms a descending triangle pattern with the newly formed resistance trendline. Will the bulls manage to break above this pattern? OKB is a cryptocurrency that was created through the OK Blockchain Foundation and Maltese cryptocurrency exchange, OKEx. The exchange is among the biggest in the world and currently is third in terms of liquidity, fourth in terms of trading volume, and has a broad range in trading pairs. OKEx is very similar to the giant cryptocurrency exchange Binance in many ways, however, there are some key distinctions. The platform offers its own cloud mining services, and the company is more focused on offering options trading services to customers. Let us move ahead to read about OKB technical analysis. Past Performance of OKB The OKB coin price struggles to rise above the horizontal level at $27.5 resulting in the downfall of 4.60% in the past 24 hours. Nonetheless, the price action shows an 11% jump in the last week from the support zone at $24. However, the tweezer top formation hints at a downfall back to the support zone. OKB/USD Daily Chart OKB Technical Analysis The OKB coin price action shows the formation of a resistance trendline in the daily chart. The trendline creates the image of a descending triangle pattern with the base at $24. Crucial EMAs (50, 100, and 200) rise higher in a bullish alignment in the daily chart. However, the price breaks below the 50-day EMA and finds support at the 100-day EMA. Meanwhile, the 200-day EMA stands strong beneath the triangle pattern. The RSI indicator at 48% shows the slope moving in a zig-zag movement near the central line in the daily chart. The slope reapproaches the central line as the 14-day SMA shows a gradual reversal. The Stochastic RSI indicator reflects a high possibility of a bearish crossover between the K and D in the daily chart. Therefore, a bearish retracement within the triangle is plausible. Taking a bearish stand, the technical analysis shows a rise in selling pressure and forecasts a reversal within the triangle.  Upcoming Trend The OKB coin price action plans to resonate within the triangle pattern before giving a crucial breakout and setting the upcoming trend. However, the recent bearish retracement brings a shorting opportunity with a target near $24.   However, safe traders should be patient till the pattern breakout to avoid sudden reversal within the triangle.  The OKB coin price chart suggests a bullish breakout of the triangle can face opposition at $28 and $31. And, if the bears control the upcoming trend, prices can find support at 200-day EMA and $20. At press time, the technical analysis by TradingView projects “NEUTRAL” sentiments for the OKB coin. Technical Analysis for OKBUSD

The post OKB Technical Analysis: Reversal Brings Forth a Resistance Trendline appeared first on Cryptoknowmics-Crypto News and Media Platform.

Gala had held on to the $0.432 level of support all through December, even though it saw weaker and weaker bounces off the support level. Buyers finally capitulated in early January, and selling pressure intensified once more. The charts indicated a strong bearish outlook for Gala. It is not uncommon for altcoins to rally strongly […]

New service offers critical data for portfolio decarbonization and shareholder engagement strategies

(PRWeb January 06, 2022)

Read the full story at https://www.prweb.com/releases/ffi_solutions_launches_net_zero_transition_dataset_to_help_investors_align_portfolios_with_climate_goals/prweb18417771.htm

What’s next for SHIB after a 46,500,000% gain in 12 months? Key Points A $2.15 investment in SHIB on Jan. 1 would have made investors millionaires. A combination of factors contributed to Shiba Inu’s historic gain. Despite a stellar 2021, Shiba Inu is almost certainly headed for the doghouse this year. Motley Fool Issues Rare […]

The post Can Shiba Inu Hit $0.01 in 2022? appeared first on Update on Bitcoin.

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The crypto markets and the U.S. equity markets sold off today on fears that the collapse of Chinese property giant Evergrande could not...

The post Here’s What Next For Bitcoin Price After the Golden Cross, Will It Pump or Dump? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

The bearish trend in the crypto space led BTC prices to drop by 10% last week. Bitcoin price rebounded immediately from $43k to $46k. However, with breakout BTC’s 200-day MA crossed the 50-day MA leading to a much-awaited Golden-Cross. As Coinpedia reported earlier that significant selling pressure would build in between $48k and $50k, it …