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Monday thoughts: 10,000 per cent return from joke cryptocurrency

While Bitcoin has some real world uses, you can’t do much with Dogecoin. Its intrinsic value should be close to zero, yet at US$100 billion its market value is twice the combined worth of Fisher & Paykel Healthcare, Auckland Airport, Meridian Energy and Fletcher Building. Has the world gone mad? BBC The Missing Cryptoqueen looks into the life of Dr Ruja Ignatova, the face and founder of cryptocurrency OneCoin. What Dogecoin is for cryptocurrency, Gamestop is for listed shares. Hordes of investors loosely connected through social media have sent Gamestop’s share price surging 850 per cent this year. Unlike Dogecoin, buying Gamestop has some logic.

5 Ways to Make Sane Investments When Everyone Else Is Crazy

Getty Images The other day I received a call from a friend who wanted to know the best way to purchase a Non-Fungible Token (NFT). NFTs are one of the trendiest current investment themes. They are essentially a unit of data on blockchain that represents a unique digital item, such as digital art, audio and video files. While it was a bit strange to receive a question about such an opaque area of the market from my friend, a social worker at an elementary school, I wasn’t overly surprised. The week before, an 80-year-old grandmother told me that she made a mint in Bitcoin, and my Uber driver told me he was considering an investment in a Special Purpose Acquisition Company (SPAC). These comments, along with the fact that every other person seems to be day trading to supplement their income, illustrate clear frothiness in the market.

Could Saghmos Therapeutics join the ranks of Triad public companies? Biotech founders mull IPO, SPAC as options

Could Saghmos Therapeutics join the ranks of Triad public companies? Biotech founders mull IPO, SPAC as options
bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.

Anghami launches Live Radio, the first ever music and voice

Anghami launches Live Radio, the first ever music and voice real-time audio experience May 04, 2021 08:09 ET | Source: Vistas Media Acquisition Corp Vistas Media Acquisition Corp New York, New York, UNITED STATES Anghami’s innovative Live Radio offers a unique combination of music and voice functions for the first time, allowing any user to both listen and talk in real-time Developed in-house, Live Radio builds on Anghami’s existing social features to capture an increased share of the growing social audio market Having launched in beta in September 2020, data from beta-testing also reveals social features support user engagement and retention Musicians and creators will also soon be able to benefit from features to create subscription-only channels and revenue streams via their Live Radio channels 

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