Within weeks of Yadi Zhang's arrival in London in September 2017, Jian Wen had left her job and room in a Chinese takeaway and moved into a £5m six-bedroom.. Sky News
Bitcoin Rallies, on Hopes of Renewed Interest , Among Mainstream Investors.
On March 4, the price of Bitcoin broke $65,000,
bringing it closer to returning to an all-time
high reached in November 2021.
NBC reports that the latest rally has been driven
by hopes that the launch of bitcoin exchange-
traded funds will expand bitcoin's pool of buyers. .
In 2024, the cryptocurrency has
gained over 48%, rapidly approaching its
record intra-day all-time high of over $68,000.
In January, Bitcoin ETFs were first approved by
the Securities and Exchange Commission (SEC). .
The SEC said the approval of the ETFs were meant
to make it easier for investors to gain exposure to
Bitcoin without having to actually own the digital coins.
NBC reports that the world of crypto is also banking
on a potential rally following a technical event
known as "halving" scheduled to occur in April.
This event will see the rate of supply for new bitcoin
to decline, which could cause the value of the
cryptocurrency to increase if demand remains unchanged.
Some mainstream investment experts have
still urged caution when it comes to investing
in the controversial cryptocurrency.
With equities, you own a share
of a company that produces goods
or services, and many also pay
dividends. With bonds, you get
a stream of interest payments, Vanguard statement, via NBC.
Commodities are real assets that meet
consumption needs, have inflation-
hedging properties, and can play
a role in certain portfolios, Vanguard statement, via NBC.
While crypto has been classified
as a commodity, it’s an immature
asset class that has little history,
no inherent economic value,
no cash flow, and can create
havoc within a portfolio, Vanguard statement, via NBC
Credit: Wibbitz Top Stories Duration: 01:32Published
Bitcoin , Tops $63,000.
On Feb. 29, bitcoin advanced more than
5% to $63,252.82, CNBC reports.
The day before, the cryptocurrency reached $64,000 and then dropped back to $60,000.
For the month of February,
bitcoin is currently up 47%.
The figure represents a
sixth consecutive month of gains.
The last time that the currency had a similar showing was in December 2020, at which time it rose 49.5%.
On Feb. 28, bitcoin ETFs had "a record
$677 million in daily net inflows," CNBC reports. .
We’ve seen over $2 billion coming into
the various bitcoin ETFs so there’s been this
need to access more supply of bitcoin to build
these ETFs and that ends up driving prices
up particularly in the near term. , Sylvia Jablonski, CEO and chief investment officer
at Defiance ETFs, via CNBC.
The second reason why you might
be getting some extra momentum
in the price over the last couple
of days is the upcoming halving, Sylvia Jablonski, CEO and chief investment officer
at Defiance ETFs, via CNBC.
Historically the halving has led to bitcoin
prices increasing … past performance is not
indicative of future performance, but I do think
there’s this belief that the halving process will
result in the same level of price appreciation, Sylvia Jablonski, CEO and chief investment officer
at Defiance ETFs, via CNBC.
Bitcoin's next "halving" is
scheduled for this April
Credit: Wibbitz Top Stories Duration: 01:30Published
Bitcoin Regains , $1 Trillion Market Cap.
On Feb. 14, the cryptocurrency's market capitalization exceeded $1 trillion for the
first time since 2021, CNBC reports. .
Bitcoin also surpassed the
$51,000 level during day trading.
It hasn't reached that price since
December 2021, CNBC reports. .
The price increase comes on the heels
of a 150% rally that occurred in 2023.
The 2023 rally was in anticipation of
the SEC's approval of bitcoin ETFs,
which came to fruition in January 2024.
However, the cost of bitcoin slumped after the ETF approval, and a new rally kicked off shortly after.
That rally is currently happening as
investors look toward bitcoin's "halving." .
"Halving" is written into bitcoin's code and reduces the supply of the cryptocurrency every four years.
The "halving" is set to take place in April. .
Just this year, bitcoin is up over 21%.
Credit: Wibbitz Top Stories Duration: 01:30Published
Elon Musk has finally pulled back the curtain on what Neuralink has been doing behind the scenes -- showing off their very first subject using their tech ... and.. TMZ.com
RGB Award Ceremony Canceled , Amid Recipient Controversy.
Since 2019, the Dwight D. Opperman Foundation
has presented accomplished women with the Justice Ruth Bader Ginsburg Leadership Award, NPR reports. .
Previous recipients include
Barbra Streisand and Queen Elizabeth II.
This year, however, the foundation
selected four men to receive the
award, in addition to Martha Stewart. .
This year, however, the foundation
selected four men to receive the
award, in addition to Martha Stewart. .
Those men are Elon Musk, Rupert Murdoch, Michael Milken and Sylvester Stallone.
Those men are Elon Musk, Rupert Murdoch, Michael Milken and Sylvester Stallone.
Those men are Elon Musk, Rupert Murdoch, Michael Milken and Sylvester Stallone.
Those men are Elon Musk, Rupert Murdoch, Michael Milken and Sylvester Stallone.
Justice Ginsburg fought not only for women but for everyone, Dwight D. Opperman Foundation Chair
Julie Opperman, via statement.
Going forward, to embrace the
fullness of Justice Ginsburg's
legacy, we honor both women
and men who have changed the
world by doing what they do best, Dwight D. Opperman Foundation Chair
Julie Opperman, via statement.
Ginsburg's family condemned the foundation's recipient selection, NPR reports. .
This year, the Opperman Foundation
has strayed far from the original
mission of the award and from
what Justice Ginsburg stood for. , Jane Ginsburg, daughter of Ruth Bader Ginsburg, via statement.
On March 18, foundation Chair Julie Opperman
said that the April ceremony is now canceled. .
This year we selected
leaders in different fields. We honored men for the first time, Dwight D. Opperman Foundation Chair
Julie Opperman, via statement.
We thought RBG's teachings
regarding EQUALITY should be
practiced. We did not consider politics, Dwight D. Opperman Foundation Chair
Julie Opperman, via statement.
Opperman went on to say that the foundation will decide whether to continue after reevaluating its mission, NPR reports.
Credit: Wibbitz Top Stories Duration: 01:31Published
Former President Donald Trump's recent warning of a potential "bloodbath" if he were to lose in November has sparked widespread controversy. While numerous individuals condemned his remarks, others, including Elon Musk and former Trump chief of staff Mick Mulvaney, came to his defence, further fueling the debate surrounding Trump's statements
#Trump #Bloodbath #Misquote #MAGA #ElonMusk #USelection #FullContext #MediaCoverage #PoliticalRhetoric #FactChecking #SocialMedia #PoliticalDiscourse #NewsAnalysis #PublicOpinion #PoliticalControversy #ContextMatters #TrumpSupporters #MediaBias #InformationDissemination #CriticalThinking
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