Finance: “Bitcoin is fifth-biggest crash of all time” says B of A
Bitcoin has dropped 77% from its trading peak in November of last year to the latest blizzard of the crypto winter: FTX’s implosion and bankruptcy. Source: Crypto bubble: Bitcoin is…
Factfulness and Skepticism on: Business, Tech, Energy, Global issues. Sometimes satire and parody.
Bitcoin has dropped 77% from its trading peak in November of last year to the latest blizzard of the crypto winter: FTX’s implosion and bankruptcy. Source: Crypto bubble: Bitcoin is…
Fallout from the collapse of FTX appears to be spreading as companies struggle with falling token prices and a liquidity crunch. Source: BlockFi May File for Bankruptcy, According to Report,…
Previously: NBER research paper finds college educated workers should postpone saving for retirement until they are older – Coldstreams Possibly: “Are you saving more than you need for retirement?” –…
For all the attention that soaring inflation has gotten this year, one of its most surprising direct offshoots has gone largely unnoticed: US government debt is shrinking rapidly. Not in…
Beyond Meat hit a high of $194.95 but now trades at about $22/share. Challenges: Product costs +70% more per pound than genuine meat Consumers turned off by high prices Sales…
When your business is advertising and operating a frictionless platform for propaganda messaging it might be that even its network effect advantages are not sufficient to overcome the problems. Since…