Warren

Does Bitcoin’s recent flash crash mean Warren Buffett is right to hate crypto?

Does Bitcoin’s recent flash crash mean Warren Buffett is right to hate crypto?

The past month and a half has been bumpy for Bitcoin.

After a bully first quarter of 2021 that led to an all-time peak of $63,000 per unit in mid-April, the world’s leading digital currency now hovers around $45,000, thanks in large part to a Tuesday flash crash of roughly 15%.

Holdout investors who only a couple of weeks ago may have thought they’d missed an opportunity of a lifetime are now sighing with relief; meanwhile, those who bought in at the peak are trying not to

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Warren asks SEC to take closer look at cryptocurrency exchanges

Sen. Elizabeth WarrenElizabeth WarrenWarren slams Wells Fargo decision to close customer credit lines Schumer warns August recess in danger as infrastructure work piles up The Hill’s Morning Report: Afghanistan’s future now up to Afghans, Biden says MORE (D-Mass.) is asking the Securities and Exchange Commission (SEC) to assess the effect of cryptocurrency exchanges on U.S. financial markets and the risks they could pose to consumers.

In a letter released Thursday, Warren asked SEC Chairman Gary GenslerGary GenslerHillicon Valley: Warren asks SEC to take closer look at cryptocurrency exchanges | Maryland town knocked offline as part of massive

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