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Seeking Alpha 2021-01-31 08:06:49

The Week In Crypto - January 24-29: Crypto's Clarion Call To GameStop Investors

Bitcoin and cryptocurrencies as a whole performed well during a very volatile week for equity markets.The frenzy over Gamestop and WallStreetBets took the financial universe by storm, and the draconian response to it could drive many retail investors towards cryptocurrencies and DeFi in particular.Voyager Digital experienced intermittent outages as it tried to handle rapid user growth.Coinbase announced that it will go public via direct listing.Shares of MicroStrategy rallied 7% after its earnings call; analyst questions overwhelmingly pertain to its bitcoin strategy as opposed to its enterprise software business.

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