[CNBC, Getty Images] KEY POINTS Bitcoin tumbled below $24,000 late on Monday, hitting its lowest level since December 2020, as investors dump crypto amid a broader sell-off in risk assets.Meanwhile, a crypto lending company called Celsius has paused withdrawals for its customers, sparking fears of contagion into the broader market.Macro factors are contributing to the […]
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[Bloomberg] The men are funding a Bitcoin-focused education program for residents at the rapper’s childhood home. Hip-hop mogul Jay-Z and Block CEO Jack Dorsey are teaming up to take Bitcoin and financial education to the rapper’s childhood home. Dorsey announced the launch of Bitcoin Academy on Thursday. The financial education program will be free for residents living at the […]
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[Forbes, Getty Images] Bitcoin and cryptocurrencies have taken a turn for the worse in recent months as economic storm clouds gather—even as bitcoin price bulls continue to make bold predictions. The bitcoin price, after jumping at the beginning of the week, has gone into reverse, losing ground as the crypto market braced for a $9 trillion […]
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[CNBC, Getty Images] TerraUSD or UST, is an algorithmic stablecoin which was supposed to be pegged to the U.S. dollar. But it lost its dollar peg, collapsed and sent shockwaves through the crypto market.Reeve Collins, co-founder of BLOCKv and co-founder of another stablecoin tether, said the terraUSD debacle will “probably be the end” of so-called […]
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[MoneyWise] Stocks have fallen quite a bit in 2022. If you are wondering where the market bottom is, JPMorgan has some good news. The bank sees companies continuing to buy back their shares, which could help stocks establish a bottom. “In the latest sell-off, JPM estimates 3-4x higher buyback executions than trend, which implies the corporate put […]
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[Business Insider] Adam Masato bought land in Joshua Tree, California, after watching a YouTube video by Robuilt.Masato then worked with a pre-fab home manufacturer to build a luxury short-term rental property.The property earns an average of $8,400 per month in passive income. Get the latest tips you need to manage your money — delivered to […]
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[Finance Buzz] Learning how millionaires achieve money goals may help you save more than you thought you could. There might be a millionaire in each one of us, but achieving that goal could feel daunting. You may have to factor in how you currently add income to your financial accounts or what your future goals are. Perhaps you have […]
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[Business Insider] I get asked all the time about the possibility of a recession, and I’m telling everyone to prepare.To start, pay off high-interest debt, bulk up your rainy-day reserves, and don’t sell your investments.Take courses to advance in your career, too, so you’re not as vulnerable to layoffs. Many people are worried about a looming […]
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[GO Banking Rates] Many people dream of being rich, though what that means varies widely among people of different backgrounds and experience. To some, it means never having to worry about expenses. For others, it is not working so many hours. Others define it as complete financial independence. No matter what your definition of “rich” is, experts […]
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[NBC NEWS] A few days before Christmas last year, Philip Martin sat in front of his computer to check his cryptocurrency balance. It was the beginning of what would become, for him, an ongoing nightmare. Martin told NBC News he thought he was typing the web address for his cryptocurrency exchange, Coinbase, the biggest and best-known company […]
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