|
Prediction: SpaceX Stock Will Hit This Price in July Yahoo FinanceSpaceX IPO explained: The price is set, but retail allocation still up in the air CNBCWall Street's undignified SpaceX mania The EconomistNYC Pensions Boss Says SpaceX's Disregard for Shareholders Has ‘No Precedent' Bloomberg
|
|
How SpaceX's IPO ambitions ride on Starship's path to Mars Financial TimesSpaceX IPO explained: The price is set, but retail allocation still up in the air CNBCWall Street's undignified SpaceX mania The EconomistRocket Fuel or Space Junk? Why Mega-IPOs Like SpaceX Often Crash Back to Earth. Barron's
|
|
Stock futures slip after U.S. launches ‘self-defense strikes' against Iran: Live updates CNBCAsian stocks fall as US and Iran exchange fire - business live The GuardianAsian stocks slide, oil rises as Iran and US launch strikes ReutersAsian tech stocks rebound after Wall Street embraces AI once more Financial Times
|
|
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
|
|
