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Crypto industry braced for fallout after weekend meltdown

Crypto industry braced for fallout after weekend meltdown

Crypto investors and executives are bracing themselves for further pain after the price of bitcoin tumbled over the weekend, worsening the credit crunch hitting the industry. Bitcoin, the world’s most actively traded cryptocurrency, fell as low as $17,628 on Saturday before rebounding, according to data from CryptoCompare. Investors and executives have been anxiously watching the …

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As Bear Market Intensifies, Avoid This Risk;  Bitcoin Breaks $20K

As Bear Market Intensifies, Avoid This Risk; Bitcoin Breaks $20K

Dow Jones futures will open on Sunday evening, along with S&P 500 futures and Nasdaq futures. The Bitcoin price knifed below $20,000 on Saturday, as the “crypto winter” continues to get worse. X The bear market intensified this past week, amid growing concerns that the Federal Reserve will be forced to drive the economy into …

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As SEC charges first brokerage to run afoul of new investor protection rule, here's how to find a good financial advisor

As SEC charges first brokerage to run afoul of new investor protection rule, here’s how to find a good financial advisor

Finding a broker or financial advisor you can trust may, at times, seem a daunting task. That’s especially true when investors see sensational stories of brokers fleeing the police in an underwater getaway or faking their death in an airplane crash. Then there are the high-profile fraudsters such as Bernie Madoff, who masterminded the nation’s …

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Secret’s out!  Amazon finally dropped the official dates for Prime Day 2022

Secret’s out! Amazon finally dropped the official dates for Prime Day 2022

Shoppers, start your engines — and prepare your wallets — because Amazon finally dropped the news we’ve all been waiting for. Early this morning, the retailer announced that the official dates of Prime Day 2022 will be July 12 and 13. However, the major retailer also announced early deals will kick off June 21 with …

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Bill Gates Says NFTs and Crypto Are '100%' Based on Greater Fool Theory

Bill Gates Says NFTs and Crypto Are ‘100%’ Based on Greater Fool Theory

Microsoft Corp. MSFT 2.86% co-founder Bill Gates said he thinks cryptocurrencies and NFTs are “100%” based on the greater fool theory. The 66-year-old billionaire was referring to the notion that overvalued assets will keep going up because there are enough people willing to pay high prices for them. He joked that “expensive digital images of …

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