Buck Bully
Financial news
[Fortune] The cryptocurrency bubble has outgrown the 17th century’s Tulip Mania. China just cracked down on privately mined cryptocurrency and we saw the market for Bitcoin fall down a cliff. In an international context of economic instability due to the continuing coronavirus pandemic, skyrocketing commodity prices, and geopolitical tensions, the People’s […]
[Bloomberg, Getty] Under extreme stress, the decentralized finance system worked as designed. The cryptocurrency market means different things to different people. To many, it represents an object of naked speculation, which consumes almost all the media coverage about the space. For these people, Wednesday was a bad day, with the Bloomberg Galaxy Crypto […]
[CNBC, Getty] Mike Novogratz, a major cryptocurrency investor, told CNBC on Wednesday that bitcoin’s morning plunge feels like capitulation. The Galaxy Digital founder called it a “liquidation event.” The former hedge fund manager said a day earlier that he saw $40,000 as an attractive entry point for bitcoin buyers. Mike Novogratz, […]
[ESPN, Associated Press] TAMPA, Fla. — Former New York Yankees superstar Derek Jeter has sold his waterfront mansion in Tampa for $22.5 million — meaning Tom Brady might be headed to new rental digs. The seven-bedroom, eight-bath estate was sold Friday, said Smith & Associates, the real estate firm that handled the transaction. The […]
[MarketWatch, Getty] Coinbase shares down over 5% Monday as crypto complex unwinds gains The air is leaking out of the crypto complex, highlighted by declines in popular trades, including bitcoin, dogecoin and crypto platform Coinbase Global on Monday. At last check, bitcoin BTCUSD was changing hands at $43,047.15 on CoinDesk, off nearly […]
[CNBC, GETTY] The move to blast Bezos in front of his home comes as President Biden and Democratic lawmakers are looking to to raise taxes on corporations and those making over $400,000 in order to pay for $2 trillion infrastructure proposal. Mobile billboards will also make appearances in front of […]
[Benzinga] Ethereum (ETH) co-founder Vitalik Buterin, who was sent 50% of SHIBA INU’s (SHIB) token supply by the founders of the so-called Dogecoin (DOGE) killer coin, has burned a substantial amount of the gift. What Happened: Buterin last week donated 50 trillion SHIB to India Covid Relief Fund, alongside other cryptocurrencies. Buterin — who came into the possession of 505 […]
[LA TIMES, BLOOMBERG] Elon Musk continued to whipsaw the price of bitcoin, briefly sending it to the lowest since February after implying in a Twitter exchange Sunday that Tesla Inc. may sell or has sold its cryptocurrency holdings. Bitcoin slid below $45,000 for the first time in almost three months […]
[CNBC, GETTY] Dogecoin’s price soared as high as 56 cents early Friday, according to Coin Metrics data. Elon Musk tweeted that he was working with dogecoin developers to improve the efficiency of transactions. Crypto exchange Coinbase said it would offer dogecoin support in the next six to eight weeks. Dogecoin soared […]
[Bloomberg, Getty] Justice Department, IRS seek information about crypto exchange The federal agencies haven’t accused Binance of wrongdoing Binance Holdings Ltd. is under investigation by the Justice Department and Internal Revenue Service, ensnaring the world’s biggest cryptocurrency exchange in U.S. efforts to root out illicit activity that’s thrived in the red-hot […]