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Hyperinflation: Definition, Explanation, Examples

Hyperinflation: Definition, Explanation, Examples
businessinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessinsider.com Daily Mail and Mail on Sunday newspapers.

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Louis DeJoy bought up to $300,000 of bonds from USPS board chair Ron Bloom's investment firm

Louis DeJoy bought up to $300,000 of bonds from USPS board chair Ron Bloom's investment firm
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The Idea of a 4-Day Workweek Is More Popular Than Ever. Here's Why It's Unlikely to Come to Wall Street Anytime Soon

The Idea of a 4-Day Workweek Is More Popular Than Ever. Here's Why It's Unlikely to Come to Wall Street Anytime Soon
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With Controversy Aplenty, Robinhood Goes Public

With Controversy Aplenty, Robinhood Goes Public
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The 4 Biggest Crypto Trends to Watch As We Move Beyond Bitcoin

Source: Shutterstock
Many of the most enthusiastic crypto bulls see big things ahead for Ethereum. Currently the biggest digital coin after Bitcoin, Ether’s price currently stands at $2,580.96. Some analysts forecast the price could rise as high as $5,000 within the next year. And some see the digital coin’s price reaching $20,000 by 2025. Some people go so far as to say that Ethereum will eventually supplant Bitcoin as the world’s most valuable and important cryptocurrency.
The enthusiasm for Ether is based on the fact that the digital coin’s algorithm is the main one used in both decentralized finance (DeFi). In other words, it’s a blockchain-based form of finance that does not rely on brokerages, exchanges or banks to offer traditional financial instruments, and non-fungible tokens, the digital art that has skyrocketed in popularity this year. Ethereum’s rally year to date has outpaced Bitcoin’s, with Ether rising more than 1,000% compared to Bitcoin’s 300% increase.

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Now You Can Buy Property in Dubai with Dogecoin!

Now You Can Buy Property in Dubai with Dogecoin!
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Dubai real estate firm plans to accept Dogecoin as payment

Dubai real estate firm plans to accept Dogecoin as payment
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SpaceX to launch lunar mission paid with dogecoin, which lost third of price after Elon Musk calls it a 'hustle', Companies & Markets News & Top Stories

The Straits Times
Dogecoin was quoted as low as 41.6 US cents on crypto exchange Binance before the show.PHOTO: REUTERS
UpdatedMay 10, 2021, 10:57 am
PublishedMay 10, 2021, 7:47 am SGT
https://str.sg/JtDE
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Dogecoin price: Dogecoin loses third of price after Elon Musk calls it a 'hustle' | International Business News

NEW YORK: Dogecoin lost more than a third of its price on Sunday, after Tesla chief and cryptocurrency supporter Elon Musk called it a 'hustle' during his guest-host spot on the "Saturday Night Live" comedy sketch TV show.
Dogecoin was quoted as low as $0.416 on crypto exchange Binance, down 36% from levels around $0.65 before the show. It retraced some of that move later on Sunday, and was last trading around $0.569.
The billionaire Tesla chief executive hosted the SNL show at 03:30 GMT on Sunday.
Cryptocurrency enthusiasts had for days been eager to see what he would say, after his tweets this year turned the once-obscure digital currency, which began as a social media joke, into a speculator's dream.

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Dogecoin sees value slash after Musk calls it a 'hustle' | Business and Economy News

Dogecoin lost more than a third of its price on Sunday after Tesla chief and cryptocurrency supporter Elon Musk called it a “hustle” during his guest-host spot on the Saturday Night Live comedy sketch TV show.
Dogecoin was quoted as low as $0.416 on crypto exchange Binance, down 36 percent from levels around $0.65 before the show. It retraced some of that move later on Sunday and was last trading around $0.569.
The cryptocurrency, which started as a joke in 2013, has surged more than 16,000 percent in the past year, Bloomberg reported citing crypto data tracker CoinGecko.com. Musk has been among its biggest boosters, along with celebrities Mark Cuban, Snoop Dogg and Gene Simmons.

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