Crypto Brought Trump a Huge Windfall, Even as Many Investors Lost Big

kept by eddie jul 02

President Trump and his family gained massive financial profits from a memecoin while many investors suffered significant losses.

Nearly a Million Investors Lost a Total of $3.8 Billion on Trump Crypto Coin
A cryptocurrency analytics report found nearly a million investors lost $3.8 billion on the Trump memecoin, with retail investors bearing most losses while savvy traders profited.
also on #cryptocurrency, #finance, Donald Trump, #politics
Markets 101: How to Read Stock Indexes and Securities
The Morning Brew explains the five recurring market indicators it tracks—S&P 500, Nasdaq, Dow Jones, 10-year Treasury note, and Bitcoin—plus how stocks, oil, and gold work and why they matter.
also on #cryptocurrency, #finance
Inside the Invitation-Only Stock Market for the Wealthy - WSJ
The shrinking number of U.S. public companies creates a two-tier market where the wealthy access private shares of high-growth firms while most investors are left with older, slower-growing stocks.
also on #inequality, #finance