Cryptocurrencies

FTX bankruptcy is ‘somebody running a company that’s just dumb-as-f___ing greedy,’ says Mark Cuban

Billionaire Dallas Maverick owner Mark Cuban recently offered his take on the implosion of crypto platform FTX over the weekend. ““He’s someone who runs a business who’s just stupid as fuckin’ greedy.”” — Marc Cuban Cuban, speaking Friday at a conference in Washington, DC organized by Sports Business Journalshared the view that greed was behind …

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Stock market freefall will continue, won’t make new highs for 10 years – Gareth Soloway on Bitcoin, AMC, gold

The stock market rally that began in mid-June began to reverse in mid-August. On Monday, the S&P 500 fell 2.1% at market close. Gareth Soloway, chief market strategist at InTheMoneyStocks.com, said the volatility is not over yet and in fact stocks are likely to see new lows. “It’s a fear …

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Why Is Bitcoin Down? The Selloff Hit Crypto Stocks Coinbase and Marathon, Too.

Text size Bitcoin fell below $22,000 on Friday. The time of dreams Bitcoin fell below $22,000 on Friday, after global equities fell amid uncertainty over the Federal Reserve’s aggressiveness in its efforts to quell inflation with interest rate hikes. Bitcoin, the world’s largest cryptocurrency, was down 8.4% to $21,498 in the past 24 hours, according …

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Crypto Investor’s Vision For The Future Of Games Sparks Mockery

For some, it’s a vision of utopia. For a thousand more, it’s unmistakably a dystopia. But it’s really just a speculative LinkedIn post about the potential future of “blockchain” gaming, which has gone viral across multiple social media platforms when folks started mocking what they see as its offensively absurd predictions. The main character of …

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Take-Two CEO Skeptical Of Metaverses, Worthless Digital Land

Photo: Jonathan Leibson (Getty Images) The metaverse has quickly become a popular topic of speculation for tech companies and rich CEOs as they scramble to not be left behind while people look for ways to escape our hellish current-day digital landscape. But the metaverse is (probably) a giant bust, and Strauss Zelnick, CEO of GTA …

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