Bitcoin Drops to Lowest Price Since Trump Was Elected as Crypto Faces Slump - The New York Times

kept by eddie feb 06

Bitcoin’s price fell below its level at Trump’s 2024 election, stoking fears of a prolonged crypto winter.

Stocks Rebound After Volatile Week as Dow Hits Record High - The New York Times
The Dow Jones Industrial Average closed above 50,000 points for the first time amid a rebound driven by gains in traditional industrial and financial stocks.
also on #markets
State of Markets - by David George - a16z
a16z’s inaugural State of Markets deck finds that AI adoption drives a power-law market where top tech winners capture most revenue growth and multiples.
also on #markets
Markets 101: How to Read Stock Indexes and Securities
The article explains how to read major U.S. stock indexes (Dow, Nasdaq, S&P 500), the 10-year Treasury note, Bitcoin, and commodities like gold and oil.
also on Bitcoin, #cryptocurrency
https://t.co/fA1UmGvKou
A federal lawsuit alleges market manipulation via ETFs is suppressing Bitcoin's price, claiming it should be $150,000.
also on Bitcoin, #cryptocurrency
Why Tokens Can’t Compound - by Santiago Roel Santos
Crypto tokens fail to compound value because they are legally designed as non-equity instruments with no reinvestment mechanism, unlike businesses that compound through capital allocation.
also on #cryptocurrency, #economics