Christopher DeVocht, the investor who turned an $88,000 investment into $415 million through Tesla stock, is now suing his financial advisors after losing his entire fortune. Initially, DeVocht made huge gains by capitalizing on Tesla’s skyrocketing stock price. However, his luck changed when the market dipped, ultimately wiping out his
The U.S. Securities and Exchange Commission has continuously taken action against the rapidly evolving crypto industry. Recently, the SEC’s lawsuit against the leading crypto exchanges raised the question among the crypto community of whether the SEC had decided to put an end to the crypto industry in the United States.
Elon Musk, the CEO of Tesla, claims that he will not sell any more Tesla stock shares for around two years. During a Twitter Spaces audio chat held on Thursday, Musk disclosed that the economy will be in a severe recession in 2023, with decreasing demand for big-ticket items. Elon
The current pump in the market has persuaded the value of crypto-based stocks. Coinbase climbed 9% in a day, according to Nasdaq. Other crypto-based companies also see a rise in their stock values. Considering the condition of the current market, it seems to be a relief for crypto users as
Robinhood’s crypto exchange transactions are down for Q3. In turn, the HOOD stock prices tumbles down by 10%. Robinhood exchange pulls out surveys upon its users of the crypto traded upon the firm. In spite of the month of October, being highly prolific for the entire crypto industry, sadly for
Bitcoin (BTC) though being the topmost cryptocurrency, it’s the one that faces the most speculations. Moreover, it’s obvious as the whole market kind of revolves around how Bitcoin (BTC) spins about itself. In spite of this, it’s general that many analysts and crypto investors often put forth their opinions and
