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Investors can take a breather and assess whether there are opportunities to buy some beaten-down software stocks, after what some analysts believe was "indiscriminate" selling.
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How options on the BlackRock bitcoin ETF may have worsened crypto meltdown CoinDeskBitcoin (BTC) price: BlackRock's ETF (IBIT) hits $10 billion volume record, hinting at capitulation CoinDeskBlackRock Links Record Bitcoin ETF Volumes With New Digital Advice Push simplywall.stAussie crypto ETF investors unfazed by Bitcoin bloodbath investordaily.com.au
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Stock Market Today: Dow Hits 50,000 For First Time — Live Updates The Wall Street JournalDow surges 1,200 points for first close above 50,000 in sharp rebound from tech rout: Live updates CNBCStocks hit historic milestone as Dow crosses 50,000 points for first time ever cnn.comStocks Rebound After Volatile Week as Dow Hits Record High The New York TimesThe Road to Dow 50000
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Bitcoin bounces back as risk assets stabilize ReutersBitcoin drops 15%, briefly breaking below $61,000 as sell-off intensifies, doubts about crypto grow CNBC‘It sucks': Crypto gets a rude awakening to kick off Trump's second year PoliticoBitcoin Drops to Lowest Price Since Trump Was Elected as Crypto Faces Slump The New York TimesBitcoin's Meltdown Isn't Just a Crypto Event. It's Hammer
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Paul Weiss Partners Turned on Brad Karp After Learning Extent of His Epstein Ties The New York TimesBrad Karp steps down as chairman of major law firm Paul Weiss after Epstein files release BBCLeader of Paul Weiss Resigns Over Epstein Ties The Wall Street Journal‘Call Brad Karp': Epstein's Fondness for Lawyer Ends in Downfall bloomberg.comBrad Karp Steps Down As Chairman Of Paul Weiss Original Jurisdiction | David Lat
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Many entrepreneurs are returning to corporate roles. Here's how to position yourself and land a role without downplaying your entrepreneurial experience.
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The Dow Jones industrial average surpassed 50,000 points for the first time, as old line stocks come back into vogue.
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Exclusive | Justice Department Casts Wide Net on Netflix's Business Practices in Merger Probe The Wall Street JournalHow Breaching 45-Day Exclusive Window Will Devastate Movies & Why Netflix's Commitment To Theatrical Is Misleading - Guest Column DeadlineNetflix's co-CEO went to an antitrust hearing and a culture war broke out NBC NewsCongress fears the loss of jobs in Hollywood amid Warner Bros. acquisition latimes.com
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Maine reports first measles case since 2019 The Portland Press HeraldCDC confirms first case of measles in Maine in seven years WABIMaine records first confirmed case of measles since 2019 WGMEMaine confirms 1st measles case since 2019 Bangor Daily News
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Disruption. It's coming for the U.S. dollar in the form of digital currency. Last week the Biden administration detailed a broad plan for adopting a central bank digital currency (CBDC) in the coming years. The Departments of Energy, Commerce, the Treasury, and other agencies weighed in on how to manage and regulate a CBDC.
The government is reacting in part to the explosive growth of digital currencies. About three out of ten U.S. adults currently invest in some form of cryptocurrency, or "crypto," like Bitcoin or Ethereum. These digital "coins" rely on a decentralized network of computers to verify financial transactions, cutting out third parties like banks or credit cards.
The good, the bad, and the ugly of crypto
Advocates of crypto point to its affordability, efficiency, and its ability to reach consumers with little or no access to traditional banking services. With just a mobile phone or a crypto ATM, consumers can easily send and receive digital currency, even across international borders.
On the other hand, crypto is still largely unregulated and volatile. Investors in Bitcoin, for example, saw returns of over 70% in 2021, but the currency is down almost 60% year to date. And if you send your payment to the wrong account (called a "digital wallet") there may be no way to retrieve it. Crypto has also been used for money laundering, fraud, and to fund terrorism. Several
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