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Showing posts with the label crash

NASDAQ falls 5.76% over two days, although this is not at a crash, be wary. Speculation in the tech sector is rampant, and has been holding up global indices with expectations of a crypto/AI dominance. Further unwinding could be on the cards, noting that the headwinds for the global economy are numerous in consecutive beatdowns.

Binance is under investigation by the Department of Justice for money laundering. In just under a month the Crypto exchange with its own coin loses $6 Billion in outflows. This could be the death spiral for Crypto as its web of collateral and tethering is a mess of unaccountable finances. All eyes on Binance and its CEO.

Europe's 2nd largest Nuclear Power plant in Zaporizhzhia, Ukraine is on fire. Attacked by Russian forces. Stock indexes plunge, Russian oil and Bitcoin transactions could be the next major sanctions.