Not long ago on Reddit there were some arm chair investors that decided they wanted to take on institutional Hedge Funds and punish them for some of their more devious market manipulations. These market observers and small investors knew that some of the larger investment companies were shorting some smaller companies that were struggling in the market place,,, struggling so much, that their company stock was considered a joke by many investors. This is why they were called "Meme stocks". GameStop, a retail video game store, was one of those Meme stocks. Subsequently, after a rallying cry on Reddit, GameStop’s stock surged nearly 700% in just two weeks. This in turn forced hedge funds to retreat from heavy losses and sparked calls for scrutiny of the social media-driven trading frenzy.
  Now to be clear, BlackRock probably made money on that. As of Dec. 31, 2020, a regulatory filing showed they held 9.2 million shares, or a roughly 13% stake, in GameStop. Assuming no change in BlackRock’s position, the value of its stake would have been worth $2.6 billion at the time, compared with $173.6 million as of December. So they came up in the deal for sure. However, I'm also sure that the initiative to challenge the incumbent hedgemony was not lost upon the heads of those institutions.
  This is why I believe BlackRock went after the Meme Coins, and they did it by sleights of hand and absolute denial. Here's a quick read on topic to catch up; Full URL https://news.coincu.com/88043-the-crash-of-luna-and-ust/

  Anyway, as of today, almost 2/3rds of the cypto coin market has evaporated and that's an estimated 2-trillion dollars in as many weeks. Glad I wasn't holding any or I think my feeling would have been hurt for sure. Personally, I was and I'm still not real bullish on crypto. I believe that real natural resources and a solid bartering system is the best course.

And maybe that begs the question,,,

Hey, Ya'll Have a Great Day,,,