Tech Insider : Economy, Crypto
Photo collage featuring bitcoins, money, and a Boom And Bust Cycle graph
Bitcoin investors are stuck in a perpetual boom-and-bust cycle where they get back on the bitcoin horse every few years only to get burned.
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The internet is filled with scam artists who try to swindle unsuspecting people out of their money.

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Bitcoin’s price surged past $63,000 and then receded just a bit under on Wednesday, reaching a level the crypto coin hasn’t seen since November 2021. While it still has a little way to climb to reach an all-time high of $68,000, that level feels comfortably within reach.

Gizmodo : Politics

Tyler and Cameron Winklevoss have donated $4.9 million to the political action committee Fairshake, according to new filings with the U.S. Federal Election Committee. It’s just the latest windfall for Fairshake, which is spending millions to run attack ads against Katie Porter, a Democrat who’s running for Dianne…

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Have you seen a story on social media recently claiming that Sen. Elizabeth Warren, a Democrat from Massachusetts, has endorsed Bitcoin? That would be quite a change, given Warren’s intense skepticism of crypto and her advocacy of more regulation for the industry. But the claim that Warren has made an about-face—even…

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3AC
Three Arrows Capital cofounder Su Zhu is boasting that prison was a great experience.
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After a hilarious fake out yesterday, the US Securities and Exchange Commission (SEC) *officially* approved 11 Bitcoin ETFs, giving the crypto world a much needed win.

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The Security and Exchange Commission’s X account was hacked on Tuesday afternoon, sending an untrue tweet that the Bitcoin ETF was approved. Chairman Gary Gensler quickly tweeted from his personal account that the tweet was false and the result of a hack. In the following 15 minutes, the price of Bitcoin shot up to…