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Consensus Magazine

Before Meme Stocks, WallStreetBets Traders Mainlined Options

An excerpt from Nathaniel Popper's new book "The Trolls of Wall Street."

(Brett Jordan/Unsplash)

Videos

GameStop Shares, Meme Tokens Surge as Trader Keith Gill Returns to Reddit

Keith Gill, the influential retail trader behind the X account @TheRoaringKittyX, is bringing the hype back to Reddit. After not posting for three years, Gill returned to the Reddit forum with his GME options positions, sparking a speculative frenzy in related stocks and cat-themed meme tokens. CoinDesk's Helene Braun presents "The Chart of the Day."

Recent Videos

Videos

What's Driving the Rally in Reddit Community Token MOON?

Moons (MOON), the native cryptocurrency of Reddit’s r/CryptoCurrency community, hits a record high ahead of Celer’s multidirectional bridge launch. MOON rallied to 84 cents over the weekend, surpassing the previous peak of 65 cents registered in July 2023. CoinDesk's Jennifer Sanasie presents the "The Chart of the Day."

CoinDesk placeholder image

Markets

Reddit Community Token MOON Hits Record High Ahead of Celer's Multidirectional Bridge Launch

From March 20, interoperability protocol Celer will allow MOON holders to move coins to Arbitrum One.

MOON's price hit record highs over the weekend. (CoinDesk)

Opinion

Reddit Is Making a Deal With the AI Devil

The social media giant's $60 million real-time data deal with Google is latest example of internet companies selling out their users who have nominally "consented" to share their personal information, but have no control. Blockchains and ZK-proofs could help prevent corporate overreach, Nym CEO and privacy advocate Harry Halpin writes.

Death and the Devil Surprising Two Women by Daniel Hopfer ca. 1515 (Metropolitan Museum of Art/Creative Commons)

Opinion

What Reddit’s IPO Filing Says About Crypto Regulation

Of the Web 2 giants, the message board king is arguably most invested in crypto. Its filings to go public have interesting things to say about how a Silicon Valley company views digital asset regulation.

Reddit Collectible Avatars (Reddit)

Markets

MOON Holder Makes 550% on Predictions Platform Polymarket as Bitcoin Moves Above $50K

The trader had bought the Yes side shares of the now-expired Polymarket-based betting contract "Will BTC hit $50,000 in February?"

Bitcoin could hit a new record high in two months. (Kurt Cotoaga/Unsplash)

Videos

Reddit Token MOON Rockets Amid Hopes of Project Revival

Prices of MOON token, which is tied to the shuttered Community Points program of Reddit, is continuing to surge as some moderators banded to revive the project and continue it independently. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Recent Videos

Markets

Reddit Token MOON Rockets 150% Amid Hopes of Revival

MOON supply will be topped at 83 million tokens and moderators say they will continue to develop tools to help value accrual.

Moon (Ralph Mayhew/Unsplash)

Markets

Reddit Crypto Community Removes Moderators Accused of MOON Insider Trading

The MOON token is here to stay, r/CryptoCurrency subreddit said.

Termination (geralt/Pixabay)

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