Facing a wave of withdrawals from skittish investors, a crypto-friendly bank is staying solvent thanks to an unusual multibillion-dollar loan — a move Jim Cramer says should knock you off your chair. “This is extraordinary,” the Mad Money host and crypto skeptic tweeted last week. “A bailout loan from the Federal Home Loan Bank for a crypto bank to stem the run. I wish people knew how dangerous this is all getting. NOT business as usual.” Don’t miss ‘Hold onto your money’: Jeff Bezos says you might want to rethink buying a ‘new automobile, refrigerator, or whatever’ — here are 3 better recession-proof buys UBS says 61% of millionaire collectors allocate up to 30% of their overall portfolio to this exclusive asset class Rich young Americans have lost confidence in the stock market — and are betting on these assets instead. Get in now for strong long-term tailwinds The bank run — and the surprising rescue by a quasi-government “home loan” organization — is a sign of yet more instability for crypto investors after a disastrous 2022, which saw the collapse of major exchange FTX and the crypto market’s worst performance since 2018. If you’re worried that the bell […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
