Motley Fool
Bitcoin Plummets and Nears Lowest Price This Year. Has It Reached Its Bottom?
Bitcoin (BTC) continued its downward slide over the weekend, slipping below $35,000 for the third time this year. This morning BTC touched $34,380, and crypto investors are braced for further losses. This isn’t so surprising given Bitcoin registered a 10% drop last week — its largest intraday fall since January.
Motley Fool
Shiba Inu: Is $0.0001 a Realistic Year-End Target?
While Bitcoin and Ethereum, which account for approximately 62% of total crypto market value, are responsible for a significant portion of this nominal value increase, it’s lesser-known coins like Shiba Inu (CRYPTO: SHIB) that have been courting droves of new investors into the crypto realm. When the bells tolled at midnight on Jan. 1, 2021, a single SHIB token could be purchased for a microscopic $0.000000000073.
Motley Fool
My Best Cryptocurrency to Buy Right Now
Cryptocurrencies may look like scary territory today. The world’s largest players — Bitcoin and Ethereum (CRYPTO: ETH) — both have dropped more than 20% since the start of the year. Inflation worries, the war in Ukraine, and uncertainties about regulation of the crypto industry have pushed some investors toward lower-risk assets.
TheStreet.com
Robinhood Goes All Out to Stop Bleeding
The past few months have looked like an endless ordeal for Robinhood shareholders. Shares of the brokerage app that wanted to democratize finance are in free fall. Robinhood stock made its IPO at $38 last July.
The Wall Street Journal
Crypto Prices Slump Over the Weekend
The cryptocurrency market is mirroring the slide of the broader stock market, with bitcoin falling below $34,000 during Sunday trading to about half of its November high.
Barrons.com
Bitcoin Falls to Half Its Peak as Investors Shun Risk
The price of Bitcoin fell 5.3% to $33,879 on Sunday afternoon and is now about half its all-time high. Bitcoin, the largest cryptocurrency, hit a peak price of $67,802.30 in November 2021. The Federal Reserve’s announcement Wednesday that it was raising interest rates by a half point, the largest hike since 2000 with additional increases expected this summer, sent the Dow Jones Industrial Average on Thursday down 1,063 points, or 3.1%.
Motley Fool
2 Top Buffett Stocks to Buy and Hold for the Long Haul
Buying the same stocks as famed investor Warren Buffett won’t turn you into a billionaire, but it can steer your portfolio in the right direction. A $1,000 investment in Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) in 1965, when Buffett took over, would be worth about $28 million today. Let’s review the investment cases for Verizon Communications (NYSE: VZ) and Apple (NASDAQ: AAPL).
Bloomberg
Austin to Decriminalize Marijuana, Ban ‘No-Knock’ Warrants
(Bloomberg) — Austin residents voted to decriminalize low-level marijuana possession and ban police from using no-knock warrants, a win for a liberal group that pushed the ballot initiative in Texas’ capital. Most Read from BloombergEU Push to Ban Russian Oil Is Stalled by Hungarian DemandsAbortion-Rights Protest Targets Homes of Kavanaugh, RobertsChina Premier Warns of ‘Grave’ Jobs Situation as Lockdowns WeighSaudis Cut Oil Prices from Record Highs Amid China LockdownsElon Musk’s Fixer Is Quie
Bloomberg
EU Push to Ban Russian Oil Is Stalled by Hungarian Demands
(Bloomberg) — Hungary continued to block a European Union proposal that would ban Russian oil imports, holding up the bloc’s entire package of sanctions meant to target President Vladimir Putin over his war in Ukraine, according to people familiar with the talks. Most Read from BloombergEU Push to Ban Russian Oil Is Stalled by Hungarian DemandsAbortion-Rights Protest Targets Homes of Kavanaugh, RobertsChina Premier Warns of ‘Grave’ Jobs Situation as Lockdowns WeighSaudis Cut Oil Prices from Rec
TheStreet.com
Should I Sell My Stocks Now?
A stock market crash and big losses for former high flyers has some people questioning their investments.
