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Business

Matt Damon crypto commercial: How much you would have lost if you invested then

Remember when Matt Damon told you, “Fortune favors the brave”? Well, Twitter TWTR, -2.19% users do, and many of them are bringing up the viral Crypto.com ad, while prices for cryptocurrency like bitcoin BTCUSD, +1.26% and ether ETHUSD, -4.69% are slumping, and crypto exchange platforms like Coinbase COIN, +8.90% are losing billions in market cap. […]

Categories
Markets

Stock Market Today: Dow Drops, Bitcoin Plunges

Textsize If the losses hold, the Dow would fall for the sixth day in a row. Ed Jones/AFP via Getty Images The stock market was falling again Thursday, as investors were fretting about the impact of inflation and the Federal Reserve’s monetary policy on the economy. In afternoon trading, the Dow Jones Industrial Average retreated […]

Categories
Internet

Crypto crash: Mark Cuban says crypto is in ‘lull that the internet went through’

Billionaire entrepreneur Mark Cuban thinks that cryptocurrency is on the same downswing that tech and internet companies hit in the early 2000s. Bitcoin hit a 10-month low on Monday, and sales of non-fungible tokens, aka NFTs, plummeted between January and March 2022. See also: Tom Brady will join Fox Sports as lead NFL analyst when […]