At one point on Wednesday, extending a week-long sell-off in cryptocurrency markets. As the selling accelerated on Wednesday, the digital currency fell as low as $30,001.51 before recovering some of its losses. Since late January, the cryptocurrency has not traded at such levels. On Wednesday, as the selling increased, the digital currency plunged as low […]
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Bitcoin and other digital currencies fell sharply on Friday, as a wave of selling followed President Joe Biden’s proposed capital gains tax hike. According to Coin Metrics info, Bitcoin was down 7.3% at $49,730. It’s the first time since early March that bitcoin has fallen below $50,000. Ether fell by 8% to $2,320. The fifth-largest […]
Apollo Global Management is offering six-figure retention bonuses to some of its private-equity associates, according to Insider. Insider previously reported that seven out of 30 New York City associates had left the firm in recent weeks. Current and former employees who spoke with Insider about the exodus described a never-ending workload that grew even more […]