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On the bright side, somehow bitcoin didn’t completely collapse. Over 80,000 BTC from that almost $4 billion treasury was potentially sold (we can’t yet confirm if the bitcoin was actually sold, but it was sent to exchanges) during the mad dash to get UST back to $1. That caused a
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Many Indians have signed a petition for the government to introduce reasonable crypto tax policies. This week, India’s finance minister, Nirmala Sitharaman, proposed taxing crypto income at 30%. Indians Sign Petition Urging Government to Rethink Crypto Tax Proposal A petition has been initiated on Change.org for the government of India to “introduce
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Chrissy Teigen announced she lost her baby in a post on Twitter, including a photo many have deemed “inappropriate.”Haters are leaving cruel and misinformed pro-life comments on Teigen’s post instead of leaving her to grieve in peace.Teigen likely had a professional photographer in the delivery room, and if she didn’t
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The Dow Jones Industrial Average (DJIA) traded flat on Tuesday. Coronavirus cases hit 5 million worldwide with a record 100,000 new daily cases. Focus shifts to Thursday’s jobless claims data, which exceeded economists’ estimates – again. The Dow Jones recovered from a heavy premarket slide to slog sideways in
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U.S. crude futures slide below $50 a barrel for the second time this month. Chinese energy demand is said to be plunging in the wake of the coronavirus outbreak. Russia and Saudi Arabia are at odds about production cuts, which threatens to undermine Moscow’s testy relations with OPEC. Crude prices nosedived on Monday,
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Stock markets across the globe have shrugged off coronavirus fears due to massive central bank intervention. Several commodities have crashed because of falling demand and the stock market will soon follow suit as the impact of coronavirus gets priced in. To make matters worse, falling corporate buybacks and earnings have made the
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