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wrote a post·Apr 2, 2022 01:45

Cathie Wood Suffers a Major Blow

Cathie Wood took a hit on Friday when the U.S. Securities and Exchange Commission (SEC) turned down an application for a spot bitcoin exchange-traded fund EFT from the star investor's Ark 21Shares. Basically, the firm wanted the market watchdog to approve spot exchange-traded funds, or ETFs, based on actual bitcoin holdings.
'Protect Investors and the Public Interest'
"any concerns related to preventing fraud and manipulation related to spot bitcoin ETPs would 'ap...

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Susan Bertolino

wrote a post·Apr 2, 2022 01:52

This Crypto Exchange Is Sponsoring The 2022 Grammy Awards

The crypto market is really getting bigger and bigger ha
The world’s largest cryptocurrency exchange Binance will sponsor the 64th Annual Grammy Awards.
In a press release on Thursday, Binance said it had signed a partnership agreement with the Recording Academy to become the “first-ever” official cryptocurrency exchange partner for the Grammy week events.
$Bitcoin(BTC.CC)$ $Ethereum(ETH.CC)$ $Dogecoin(DOGE.CC)$ $Terra(LUNA.CC)$ $AMC Entertainment(AMC.US)$

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FiveHundredCents

wrote a post·Apr 2, 2022 02:29

Goldman Sachs Co-Signs Bitcoin & Ethereum For High-Net Worth Clients

Wall Street titan $Goldman Sachs(GS.US)$ seems to be all in now when it comes to $Bitcoin(BTC.CC)$ and $Ethereum(ETH.CC)$ with plans to offer its high-net worth clients access to the digital coins through a third-party issuance from Galaxy Digital. Will Goldman Sachs' endorsement of Bitcoin and Ethereum, increase confidence in other major financial institutions to start offering their wealthy clients a similar path into the world of...

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efficentupup

wrote a post·Mar 28, 2022 01:59

President Biden is expected to announce a 20% minimum tax for billionaires.

President Joe Biden is expected to propose a new minimum tax primarily aimed at billionaires when he unveils his 2023 budget, according to a document obtained by CNBC.
Dubbed the "Billionaire's Minimum Income Tax," it would tax U.S. households worth more than $100 million at a rate of at least 20 percent. More than half of the revenue may come from businesses worth more than $1 billion.
"This minimum tax will ensure tha...

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Tyler Maltz

wrote a post·Mar 23, 2022 03:59

Cathie Wood Cut Stake In This Bitcoin-Linked Fintech On Monday: Here's What She Bought Instead

$Bitcoin(BTC.CC)$ $Ethereum(ETH.CC)$
Cathie Wood-led Ark Investment Management on Monday lowered its exposure in $Block(SQ.US)$ , the money manager's first selling of the crypto-linked fintech stock this year.
The popular investment firm sold 281,910 shares — estimated to be worth $38 million as of their last close — in the Jack Dorsey-led financial services and digital payments company.
Block closed ...

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kat kukuuu

joined discussion·Feb 24, 2022 12:12

Warren Buffett has warned against hoarding cash, gold, or bitcoin during wars — and touted stocks as

Warren Buffett has advised against swapping stocks for cash, gold, or bitcoin during wars.
The Berkshire Hathaway CEO favors productive businesses over dollars, crypto, or haven assets.
Buffett touted Russia's invasion of Ukraine in 2014 as a buying opportunity for long-term investors.
Warren Buffett has warned against dumping stocks, hoarding cash, and buying gold or bitcoin when war breaks ou...