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2 Cryptocurrencies to Buy in a Heartbeat Over Shiba Inu in February

Posted by Sean Williams on Wednesday, February 9, 2022

Tomorrow, we'll turn the page on what's been an extremely rough month for virtually all asset classes. The stock market has undergone its biggest correction since 2020, and cryptocurrencies have been punished even more. In a recent three-day stretch, the aggregate value of all digital currencies declined by $600 billion.

But for patient investors with a long time horizon, certain cryptocurrencies may offer excellent returns.

Shiba Inu-themed cryptocurrencies were red-hot in 2021.
© Getty ImagesShiba Inu-themed cryptocurrencies were red-hot in 2021....

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‘I had $10 in my bank account’: This 36-year-old went from living paycheck to paycheck to making over $109,000 selling NFTs

Posted by Taylor Locke @ITSTAYLORLOCKE on Friday, February 4, 2022 In : 848FINACE 


In 2021, Brittany Pierre made over $109,000 selling nonfungible tokens, or NFTs, of her photography and flipping other NFTs she bought for a profit.

But before that, Pierre was struggling to pay rent on her Chicago apartment or afford groceries and bus fare, she tells CNBC Make It.

Her financial situation was very “touch and go,” Pierre, 36, says. She lived paycheck to paycheck and “got pretty depressed.”

In March, Pierre learned about nonfungible tokens, or NFTs. Her friend and fellow a...


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A Black-Owned Boutique Hotel Made Of Shipping Containers Opens In Indianapolis This Summer

Posted by Parker Diakite on Sunday, January 30, 2022 In : 848FINACE 

A Black woman is bringing a boutique hotel made of shipping containers to Indianapolis in the summer of 2022. 

A Black-Owned Boutique Hotel Made Of Shipping Containers Opens In Indianapolis This Summer
© Provided by TravelNoireA Black-Owned Boutique Hotel Made Of Shipping Containers Opens In Indianapolis This Summer

Robin Staten, an Indy native, is the owner of Tiny Urban Escapes – a one-of-a-kind experience that’s transforming up-cycled shipping containers into micro semi-glass private suites. 

“This goes beyond hospitality,” Staten told the Indy Star.  “The intent is to t...


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Crypto collapse erases more than $1 trillion in wealth, forcing a reckoning for everyday investors

Posted by Tory Newmyer, Jeff Stein, Nitasha Tiku on Sunday, January 30, 2022 In : Technical Analysis 


By the end of last year, the value of Hasten Carter’s cryptocurrency holdings had climbed to about $250,000. He moved to a nicer apartment, bought a new truck, and started thinking about pursuing his dream of a full-time career in game development.

But over the past two months, the value of cryptocurrencies has plummeted, taking with it much of Carter’s digital nest egg, a mix of Ethereum, the second-most popular cryptocurrency, and a number of more obscure coins.

“It’s gotten out of ha...


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Whenever the Dow and the S&P 500 fall below this key support level, stocks typically come roaring back

Posted by Mark Hulbert on Sunday, January 30, 2022 In : 848FINACE 
Whenever the Dow and the S&P 500 fall below this key support level, stocks typically come roaring back

Breaking the 200-day moving average is not the kiss of death for U.S. stocks, which might explain why the Dow Jones Industrial Average on Jan. 24 recovered from a 1,000-point plunge and finished up for the day. It was just late last week when both the Dow and S&P 500 breached their respective 200-day moving averages — considered by many stock-market technicians to indicate that the market’s major trend has turned down.

The historical record does not support this bearish interpretation. The...


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The crypto crash isn't just tulip-trading — it's a result of the toxic entitlement that led to Trump

Posted by Amanda Marcotte on Sunday, January 30, 2022 In : 848FINACE 

Man wearing animal mask and blue business suit getting in car Getty Images/Westend61

It was an outcome that anyone familiar with the terms "tulip trading" or "Beanie Babies" could see coming: Cryptocurrency is crashing. Prices for cryptocurrencies "have cratered since reaching all-time highs in early November, wiping out an astonishing $1.35 trillion in value globally, nearly half of the total market," the Washington Post reports.

The whole thing had an air of a pyramid scheme to it. Media hype...


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Bitcoin, Ethereum, Dogecoin Breathe A Sigh Of Relief After Fed Meeting — Here Is Why The Apex Coin May Have Bottomed Out

Posted by Shivdeep Dhaliwal on Sunday, January 30, 2022 In : Technical Analysis 

Bitcoin, Ethereum, Dogecoin Breathe A Sigh Of Relief After Fed Meeting — Here Is Why The Apex Coin May Have Bottomed Out


Bitcoin (CRYPTO: BTC) and other major coins traded higher on Wednesday evening as the global cryptocurrency market cap rose 0.3% to $1.8 trillion. 

What Happened: The apex coin traded 0.7% higher over 24 hours at $37,066.50 over 24 hours. For the week, it has fallen 11%.

Ethereum (CRYPTO: ETH) rose 1.9% higher over 24 hours at $2,495.30 over 24 hours. Over a seven-day trailing period, it has declined 19.4%.

Meme cryptocurrency Dogecoin (CRYPTO: DOGE) was up 0.3% over 24 hours at $0.14 over 24 ho...


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‘From market’s best friend to enemy’: Asian shares plunge as US Fed nails on rate rise

Posted by Martin Farrer on Sunday, January 30, 2022 In : 848FINACE 


Stock markets in Asia have tumbled to their lowest in nearly 15 months after America’s central bank chief confirmed widely expected plans to tackle higher inflation with an increase in interest rates this year, beginning in March.

With investors also concerned about political tensions between Russia and Ukraine, supply chain problems and rising oil prices, the prospect of sustained increases in the cost of borrowing by the world’s most powerful economy sent a spasm of anxiety through finan...


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Bitcoin, ethereum prices tumble as cryptocurrencies continue their downward slide

Posted by Diksha Madhok on Saturday, January 22, 2022 In : Technical Analysis 


Cryptocurrencies have had a dismal start to the year, and continue to plunge as major economies around the world look to curb their growing popularity.

Bitcoin has fallen over 7% in the last 24 hours, and was trading at $39,097 as of 3:00 am ET, according to CoinDesk. The world's most valuable cryptocurrency has plummeted over 15% since the beginning of the year. In November it was trading at a record high of $68,990.

Its peers have fared worse recently. Ethereum, which is the world's second mo...


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Pharrell Williams and David Grutman’s Newest Hotel in the Bahamas Pays Homage to a Midcentury Icon

Posted by Jessica Cherner on Saturday, January 22, 2022 In : 848FINACE 
Sneak Peek: Pharrell Williams's New Tropi-cool Miami Restaurant and Lounge  | Architectural Digest

Rarely does a new hotel’s name—especially one that’s not followed by that of a hospitality group such as Aman or Rosewood Hotels & Resorts—present potential guests with a clear sense of place. Such is not the case, however, for Somewhere Else, Pharrell Williams and Miami Beach–based hospitality entrepreneur David Grutman’s newest collaborative project on the Bahamas’s Paradise Island. The clever name, a bit unusual for a hotel, may be intriguingly vague, but it offers something ...


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Top NFL Draft Prospect Kayvon Thibodeaux Adds A NIL Deal To His List Of Entrepreneurial Moves

Posted by Ngozi Nwanji on Saturday, January 22, 2022 In : 848FINACE 


The time is inching near to the 2022 NFL Draft, and months before learning his football fate, Kayvon Thibodeaux just secured an influencer deal.

Under the latest name, image, and likeness (NIL) rules, the star defensive end has signed with Starface, a skincare brand, Ad Age reports. 

The Influencer Deal

According to the outlet, Thibodeaux is the first male athlete to work with Starface.

“We believe young people of all genders and identities are affected by unrealistic beauty standards and stigm...


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Bitcoin May Be Plunging Hard, But Look Who's Buying The Dip

Posted by Shanthi Rexaline on Saturday, January 22, 2022 In : 848FINACE 

The sell-off seen in the crypto space is continuing into the weekend, and Bitcoin (CRYPTO: BTC), the apex crypto, is no exception. Bitcoin-backer and El Salvador President Nayib Bukele, unsurprisingly, is seeing the weakness as a buying opportunity.

Bitcoin May Be Plunging Hard, But Look Who's Buying The Dip
© Provided by BenzingaBitcoin May Be Plunging Hard, But Look Who's Buying The Dip

What Happened: Bukele said in a late Friday tweet that the country has purchased an additional 410 Bitcoins for $15 million, the nation now holds over 1,500 BTC. The ...


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I Don't Trust Bitcoin, But Should I Give Up on Crypto?

Posted by TheStreet Staff on Saturday, January 22, 2022 In : 848FINACE 


The recent rise and rise of the cryptocurrency market followed by a crash has reinforced the distrust and defiance of Main Street, which still equates the entire crypto sphere with bitcoin, despite the growing popularity of NFTs - essentially a line of blockchain code, the platform upon which all cryptos are coded, that represents a one-of-a-kind object.

"Bitcoin is very volatile. It's very risky," said Hank Boyd, professor of marketing in the Business department at University of Maryland. He ...


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How 32-Year-Old Jherrod Thomas Became A Millionaire Working A 9-To-5

Posted by Bernadette Giacomazzo on Tuesday, January 18, 2022 In : 848FINACE 

We’ve all heard the stories about Black millionaires making their dreams come true through impossible odds. But Jherrod Thomas of the Tomco Service Group has a very different story.

The 32-year-old engineer from Mississippi is a walking testament that success can be achieved through hard work, dedication, and a 9-to-5 job.

Yes, you read that correctly: a 9-to-5 job. That’s not something the Instagram hustling crowd necessarily wants you to hear or see, but it still is quite relevant — and...


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US economy 'has never worked fairly for Black Americans,’ Treasury chief says

Posted by Street Talk on Tuesday, January 18, 2022 In : 848FINACE 


Treasury Secretary Janet Yellen discussed the systemic inequities still lurking in the U.S. economy and the work her department "needs to do to narrow the racial wealth divide," during remarks Monday at an event honoring the late Dr. Martin Luther King, Jr.

"From Reconstruction, to Jim Crow, to the present day, our economy has never worked fairly for Black Americans -- or, really, for any American of color," the Treasury chief said during the Rev. Al Sharpton's National Action Network's annual...


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