US stocks fall after new inflation data boosts outlook the Fed will stay aggressive

Tech Insider
Stock traders on the exchange trading floor.
Stock traders

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Crypto lost the battle to be an alternative to fiat money after FTX collapse, top economist says

Tech Insider : Crypto
crypto coins

(Photo illustration by Jonathan Raa/NurPhoto via Getty Images)

  • Agustin Carstens, the head of the Bank for International Settlements, said crypto is not a replacement for fiat currencies.

US stocks might climb for weeks or months - but they're poised to plummet 50% down the line, the boss of a $2.2 billion investment fund warns

Tech Insider : Crypto
Phil Toews is the CEO of his namesake firm, and as a portfolio manager, he specializes in funds that use hedging to avoid wipeout losses.
Philip Toews.

Toews Corp.

Bitcoin has made a 'phenomenal' comeback as it shakes off the crypto crisis, but a stubbornly strong economy puts the rally at risk

Tech Insider : Crypto
Bitcoin
Bitcoin has had a "phenomenal" start to 2023.

Namthip Muanthongthae/Getty Images

FTX's collapse wiped out $200 billion in the total value of the cryptocurrency market, and it hit retail investors in emerging economies the hardest

Tech Insider : Crypto
A skier wearing a blue ski suit, helmet, and goggles falls flat in the snow, with a ski and pole left behind.
A tumultuous so-called crypto winter hit retail investors the hardest, according to a new report.

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Billionaire investor Ray Dalio says portfolios are like casinos - and crypto hype is overblown. Here are his 7 best quotes from a new interview.

Tech Insider : Crypto
ray dalio
Ray Dalio.

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Charlie Munger torched crypto and touted BYD over Tesla. Cathie Wood, Robert Kiyosaki, and Patrick Byrne just called him out.

Tech Insider : Crypto
Charlie Munger
Charlie Munger.

CNBC/YouTube

SEC Complaint Says Do Kwon Transferred 10,000 Bitcoin From Terra to a Swiss Bank

Gizmodo : Economy

Do Kwon, the erstwhile CEO of Terraform Labs and its infamously unstable stablecoin Terra, now has another reason to remain on the lam. The U.S. Securities and Exchange Commission alleged he and his company transferred 10,000 bitcoin worth hundreds of millions of dollars out of the Terra/Luna project before it…

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A Quarter of Prominent New Cryptocurrency Tokens Appear to Be Scams, Researchers Find

Gizmodo : Economy

If you were seeking any more reasons to be skeptical of the crypto market, here you go: Nearly a quarter of new coins minted on the blockchain that attained any value in 2022 fit the on-chain characteristics of a pump-and-dump scheme, according to

Legendary investor Charlie Munger trashes crypto, labels Elon Musk smart but strange, and bemoans his Alibaba bet in a new interview. Here are the 16 best quotes.

Tech Insider : Crypto
Charlie Munger
Charlie Munger.

Lane Hickenbottom/Reuters

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