The good. The bad. The ugly. This is how you could describe this past weekend’s performance in the cryptocurrency market. Tesla Motors CEO and Dogefather Elon Musk hinted over the weekend that the tech company might have sold some of its bitcoin holdings, responding in a tweet to somebody who suggested Tesla will reveal this […]
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WATCH: Can the U.S. dollar survive Bidenomics, inflation?
Inflation is running hot right now. The Federal Reserve is showing no signs of curtailing its unprecedented quantitative easing measures. President Joe Biden wants to spend trillions of dollars more than the U.S. government does now. There is no end in sight. What does this mean for the U.S. dollar? Mike Manwell of Rethinking the […]
Tomatoes, Toys, and TVs: Inflation runs hot in April
Is it surprising that inflation is running hot? Not to anybody who has been paying attention. In April, according to the Bureau of Labor Statistics (BLS), the U.S. annual inflation hit 4.2 percent, coming in higher than the market forecast of 3.6 percent. This is also up from 2.6 percent in March. So, what are […]
To the moon? Bitcoin, other cryptocurrencies crash after Tesla suspends car purchases using BTC
As much as $365 billion was wiped off the cryptocurrency market late Wednesday after Tesla Motors announced that it would suspend car purchases using bitcoin. According to CEO Elon Musk, Tesla is worried about the environmental impact of bitcoin mining. Although he and Tesla believe in the fundamentals of cryptocurrency, “we are concerned about rapidly […]
WATCH: Elon Musk’s monologue on Saturday Night Live
Billionaire Elon Musk made his much-anticipated appearance on Saturday Night Live. While he could not rescue the awful show, Musk still did his best to turn rubbish into gold. Here is his opening monologue. https://www.youtube.com/watch?v=VJX9ymv_vUQ&ab_channel=SaturdayNightLive Oh, and dogecoin crashed during his appearance, falling below 50 cents.