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Finance

Billions lost and markets roiled by one man’s indiscretion. Isn’t it now clear that these tech bros are too powerful? | Aditya Chakrabortty

Nvidia CEO Jensen Huang’s affair must be the costliest fling in human history – and a preview of what awaits when the tech bubble bursts One thing we all know about the tech billionaires is they are super-smart. We know this largely because they never stop telling us. The “cognitive elite”, to use their favoured phrase, are entitled to shape our future without our say-so. When Elon Musk goes hiring, he wants “super-high-IQ small-government revolutionaries”. Long before they got private jets, what fuelled these boys was faith in their own brainpower. As a teenager, Jensen Huang wooed his future

The Guardian
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Crypto

Ethereum Draws Wall Street Attention As BlackRock And JPMorgan Join London Forum

Ethereum is attracting renewed attention from some of Wall Street’s largest financial institutions as BlackRock, JPMorgan, and other major firms participate in a high-profile institutional forum in London today. The event places Ethereum’s expanding role in global finance under the spotlight, particularly as banks and asset managers explore tokenization, blockchain settlement, and new ways to […]

Bitcoinist
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Crypto

Bitcoin Price Prediction as Bloomberg Analyst Likens BTC ETF Slump to Gold’s Decade-Long Winter

Bitcoin (BTC) price is down by 8.66% in the last seven days leading to today, November 12. The drop comes amid heightened outflows from BTC ETFs as institutional demand towards the king coin fizzles out. Bloomberg ETF analyst Eric Balchunas now likens the current poor performance of these ETFs to what happened in the early The post Bitcoin Price Prediction as Bloomberg Analyst Likens BTC ETF Slump to Gold’s Decade-Long Winter appeared first on CoinGape.

CoinGape
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