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Trump Said Other Countries Would Help Blockade Iran. So Far, There Are No Takers. The New York TimesU.S. blockade of Strait of Hormuz set to begin CNBCIran live updates: U.S. prepares to begin blocking Strait of Hormuz MS NOWHow the US Navy could blockade Iran's ports and sweep mines from the Strait of Hormuz CNNThe U.S. military is about to block ship
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Delta unveils new suite design, posh plane; plans upgrade for old, dated cabins The Points GuyDelta Air Lines unveils first new Delta One suite in premium cabin arms race CNBCDelta Rolls Out New Business Class Suites in Premium Push Bloomberg.comDelta is rolling out a new business class suite on Airbus widebody planes. Here's what it will look like. Business InsiderThe Suite Spot Delta News Hub
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Here's what smart people are saying about what the failed US-Iran peace talks and Trump's blockade mean for markets markets.businessinsider.comWall Street futures drop after US-Iran peace talks fail ReutersEuropean markets open the week lower and travel stocks plunge as Iran peace hopes fade CNBCCollapse of US-Iran talks heightens fears of prolonged energy shock The Guardian
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Cryptocurrencies, or digital assets, have gone through a lot of turmoil so far in 2022. Since their high-water mark in late 2021, major assets like Bitcoin and Ethereum have seen dramatic pullbacks in prices. These pullbacks created a chain reaction in other areas of the digital asset market, which ultimately led to the bankruptcy of several crypto platforms - and a crash that wiped out the value of a few large cryptocurrencies.
Many coins have seen massive price drops since their all-time highs and have not recovered. As an investor, how should you approach crypto now?
Crypto basics & recent tumbles
First, a brief synopsis of crypto and recent major events:
The blockchain technology used to trade cryptocurrencies has been hailed as a game-changer for the future of currency. Users can "confirm transactions without a need for a central clearing authority," which democratizes access to the economy, especially for those who have historically not had access to financial institutions. Cryptocurrencies like Bitcoin, Ethereum and other coins or tokens are simply an alternative form of payment known as digital currencies. While potential drives crypto's allure, so does speculation. And even though crypto has been lauded as "inflation-proof," its recent tumbles affect their market value rapidly.
SEE MORE Crypto in My 401(k)? In One Way It Makes Sense, But on the Other Hand …
One of the major events that occurred recently was the dramatic collapse in value of
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