Tag: financial_news

  • Here’s what’s in Biden framework to regulate crypto

    Here’s what’s in Biden framework to regulate crypto

    U.S.President Joe Biden walks from Marine One to the White House following a trip from Michigan, in Washington, U.S., September 14, 2022. Tom Brenner | Reuters The Biden White House has just released its first-ever framework on what crypto regulation in the U.S.should look like — including ways in which the financial services industry should […]

  • ‘Rich Dad Poor Dad’ Author Expects Huge Market Crash, Touts Crypto

    ‘Rich Dad Poor Dad’ Author Expects Huge Market Crash, Touts Crypto

    Robert Kiyosaki predicted the largest market crash in history in an email to his followers.The “Rich Dad Poor Dad” author touted crypto as a potential winner from the economic collapse.Kiyosaki previously said bitcoin has zero value, and he doesn’t trade it seriously.Get the inside scoop on what traders are talking about — delivered daily to […]

  • Bitcoin, crypto drop after disappointing inflation data

    Bitcoin, crypto drop after disappointing inflation data

    Crypto and related assets dropped Tuesday following the August inflation report that showed prices rose more than anticipated, signaling that the Federal Reserve is likely to hike interest rates by another 0.75% next week. Bitcoin dangled above its crucial $20,000 mark as of Tuesday afternoon, selling off as much as 10% since the release of […]

  • Paul Krugman Views Bitcoin, Crypto As Useless, Wasteful, Ponzi Scheme

    Paul Krugman Views Bitcoin, Crypto As Useless, Wasteful, Ponzi Scheme

    Paul Krugman.Ricardo Rubio/Europa Press via Getty Images Redeem now. There are more than a few options to choose from when picking a Crown Bullion has been a leader in the precious metals industry for more than ten years and impressively holds a AAA rating with the Better Business Bureau To find out ways you can […]

  • Crypto.com mistakenly sends woman $10 million —she went and bought a mansion. – MarketWatch

    Crypto.com mistakenly sends woman $10 million —she went and bought a mansion. – MarketWatch

    Cryptocurrency exchange Crypto.com mistakenly deposited $10.5 million directly into a woman’s bank account when the platform only intended to give her a $100 refund. According to 7news in Australia , a Melbourne woman received the giant payment back in May 2021, and several months later, Crypto.com discovered its error. “Extraordinarily, the Plaintiffs allegedly did not […]

  • Crypto.com accidentally sends woman $10 million instead of $100. She went and bought a mansion.

    Crypto.com accidentally sends woman $10 million instead of $100. She went and bought a mansion.

    Cryptocurrency exchange Crypto.com mistakenly deposited $10.5 million directly into a woman’s bank account when the platform only intended to give her a $100 refund.According to 7news in Australia , a Melbourne woman received the giant payment back in May 2021, and several months later, Crypto.com discovered its error.“Extraordinarily, the Plaintiffs allegedly did not realize this […]

  • El Salvador bitcoin experiment not saving country’s finances

    El Salvador bitcoin experiment not saving country’s finances

    El Salvador’s $425 million bitcoin experiment isn’t saving the country’s finances – Nine months in, El Salvador’s nationwide bitcoin experiment is struggling. – The government’s bitcoin investment has been cut in half, bitcoin adoption nationwide isn’t really taking off, and the country needs a lot of cash, fast, to meet its upcoming debt payments of […]

  • Sudden crypto market drop sends bitcoin below $22,000

    Sudden crypto market drop sends bitcoin below $22,000

    Bitcoin on Friday fell to its lowest level in more than three weeks, dipping below $22,000 amid a sudden crypto sell-off in early European trading.Bitcoin plunged from $22,738 to below $21,12.34 at 4:00 p.m.ET, according to CoinDesk data.Earlier in the morning, the cryptocurrency fluctuated between $21,500 and $22,000.It comes shortly after the world’s largest digital […]

  • SEC charges 11 people in alleged $300 million crypto Ponzi scheme

    SEC charges 11 people in alleged $300 million crypto Ponzi scheme

    The Securities and Exchange Commission on Monday filed a civil complaint charging 11 people for their roles in creating and promoting an allegedly fraudulent crypto-focused pyramid scheme that raised more than $300 million from investors.The scheme, called Forsage, claimed to be a decentralized smart contract platform, and it allowed millions of retail investors to enter […]

  • Jim Rogers Predicts Stock Market Crash, Recession, Bitcoin to Struggle

    Jim Rogers Predicts Stock Market Crash, Recession, Bitcoin to Struggle

    Jim Rogers is bracing for an epic stock-market crash and a painful recession.George Soros’ former partner sees the US dollar, energy, and agriculture as solid short-term bets.Rogers ruled out buying bitcoin, arguing governments won’t allow crypto to usurp fiat currencies.Get the inside scoop on what traders are talking about — delivered daily to your inbox.Loading […]