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Nalezeno "crisis": 963

Elon Musk Shares ‘Massive Incentive to Move Money out of Bank Accounts’


Tesla and Twitter CEO Elon Musk has shared a “massive incentive” to move money out of bank accounts, citing a significant interest rate gap created by the U.S. Treasury and the Federal Reserve. “As more people & companies realize this, bank depositor flight will accelerate...

Ex-Coinbase Exec Balaji Srinivasan Closes Out $1 Million Bitcoin Bet


Former Chief Technology Officer at Coinbase, Balaji Srinivasan, closed out early a bet that the price of bitcoin would hit $1 million by mid-June amid hyperinflation of the U.S. dollar. Srinivasan paid a total of $1.5 million, more than the initially committed $1 million, with two-thirds of...

Can the Bitcoin (BTC) Price Snap its Recent Run of Ugly May Returns?


Since 2011, Bitcoin (BTC) has posted an average return of 18.3% in May, according to data presented by bitcoinmonthlyreturn.com. However, two of the worst three Mays in Bitcoin’s history have come in the last two years. In May 2021, Bitcoin shed a stunning 35.38% of its value. In May 2022...

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