After one of the most volatile days in recent history, Bitcoin is making it's way back up. The cryptocurrency lost nearly 33% of its value in one day and there is no guarantee that it won't happen again.
Jimmy Song is a Bitcoin developer and expert and he joins Cheddar to explain that Bitcoin will not become any less volatile. Song says the cryptocurrency will continue to track all over the map. Overall, he sees it increasing in value.
Song also notes the investment trends within the Bitcoin world. He explains that a lot of the investors are younger, in the millennial group, because that generation is most comfortable with technology and technology investments. Song also notes that Bitcoin is unique because it is an asset that was first traded by individuals before larger institutions because interested and involved.
Six weeks before UnitedHealthcare CEO Brian Thompson was gunned down outside a Manhattan hotel last December, Luigi Mangione mused about rebelling against “the deadly, greed fueled health insurance cartel” and expressed that killing the executive “conveys a greedy bastard that had it coming."
Shaquille O’Neal and Allen Iverson once clashed on the court in the 2001 NBA Finals, but now the basketball legends are joining forces to revive the Reebok brand they helped make iconic.
Midea is voluntarily recalling about 1.7 million of its popular U and U+ Smart air conditioners because pooled water in the units may not drain fast enough, leading to mold growth.
Jeremy Fox-Geen, the Chief Financial Officer at Circle, joins Cheddar for a one-on-one interview as the company's stock surges on its first day of trading.
A unanimous Supreme Court has made it easier to bring lawsuits over so-called reverse discrimination, siding with an Ohio woman who claims she didn’t get a job and was demoted because she's straight.
