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“#Dr. Fauci’s financial disclosure shows $10.4M in investments” If this medicine thing doesn’t work out, Dr. Anthony Fauci can always get a job on Wall Street. The president’s chief medical advisor and his wife had $10.4 million in investments at the end of 2020, newly-released records show. That sum — including $2.3 million in unrealized gains…
“#Ted Cruz may introduce his own bill to ban Pelosi-style stock trading in Congress” Bashing Nancy Pelosi for trading stocks? Yes — that’s a party that Sen. Ted Cruz would like to join. Cruz, a Texas Republican, is weighing the idea of introducing his own bill to ban members of Congress — among them the…
“#AMC CEO Adam Aron unloads another $7M in shares, promises no more selling” AMC Entertainment CEO Adam Aron has unloaded yet another trove of stock in the movie-theater chain — and claims he’s done selling for now. Aron revealed he sold another tranche of AMC shares worth $7.1 million this week in a filing with…
“# Bitcoin shoots to $44,000 as US inflation hits 7% in December ” The latest figures from the United States Bureau of labor statistics show that the (Consumer Price Index) CPI hit 7% in December. Bitcoin (BTC) was volatile prior to the announcement, fluctuating over $2,000 from lows of $41,000 to $43,000 on Wednesday morning….
“# IMF: Bitcoin matured to ‘an integral part of digital asset revolution’ ” Crypto is no longer an obscure asset class within the financial ecosystem, but a growing correlation with the stock market undercuts the “investment hedge” role of Bitcoin (BTC) and other cryptocurrencies, according to new International Money Fund (IMF) research. A blog post accompanying…
“# Bitcoin crash ahead? Expert warns higher inflation could whip BTC price to $30K ” Bitcoin (BTC) may end up falling to as low as $30,000 if the U.S. inflation data to be released on Wednesday comes any higher than forecasted, warns Alex Krüger, founder of Aike Capital, a New York-based asset management firm. The…
“#The REAL reason Nancy Pelosi wants to keep trading individual stocks” House Speaker Nancy Pelosi is fighting to preserve her right to trade stocks despite the blatant conflict of interest, and it’s obvious why: She and her husband have done well under the rules as they stand. Very well. As The Post’s Lydia Moynihan and…
“#Nancy Pelosi makes $30 million from tech stocks, scoffs at push to ban congressional trades” Nancy Pelosi is scrambling to quash bipartisan efforts to ban stock trading by Congressional lawmakers — even as she and her husband have raked in as much as $30 million from bets on the Big Tech firms Pelosi is responsible…
“# Bitcoin and Ether heading $100K and $5K in 2022: Bloomberg Intelligence ” Despite cryptocurrency markets dropping to multi-month lows, major cryptocurrencies like Bitcoin (BTC) and Ether (ETH) are likely to hit new all-time highs in 2022, according to a Bloomberg analyst. BTC and ETH will be heading toward $100,000 and $5,000 this year, respectively,…
“# GameStop shares jump 26% in after hours trade after NFT division unveiled ” The share price of Reddit’s cult-favorite stock GameStop Corporation (GME) jumped by one quarter (in after-hours trading following a Wall Street Journal report on its upcoming NFT division. The U.S. retail game store giant has been quietly working on an NFT…