Bitcoin plunged to as low as $39,787 Tuesday as investors learned that Jerry, the cashier from GameStop, decided to stop his $10 Bitcoin DCA.
DCA (Dollar-Cost Averaging) is when an investor puts a set amount of money into an asset every certain amount of days/weeks/months regardless of the price. When questioned about the decision to stop his DCA strategy, Jerry said "I have been notified by the wonderful r/Buttcoin that Bitcoin is a Ponzi scheme and will be going to zero shortly. I am sorry to everyone I let down by pulling out of the market and causing a crash, but you need to realize sooner or later the gig will be up and all of your money in Bitcoin will be lost. Get out while you still can. This is not financial advice."
Elon Musk has said he could buy Ryanair amid an ongoing public spat with the budget airline's boss Michael O'Leary.
A landmark study has paved the way for type 1 diabetes screening among children to stop them "crash landing" into diagnosis.
Elliott Wood has something you're probably going to want.
The creaking water industry is set for a "once-in-a-generation set of reforms", the government has said as it proposes new legislation to overhaul the system.
Ministers are consulting on banning social media for under-16s in the UK - just weeks after a ban in Australia came into force.
Ministers are launching a consultation on banning under-16s from social media after coming under pressure from dozens of their own backbench MPs.
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