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."
The number of confirmed and suspected meningitis cases in the outbreak in Kent has fallen to 29.
The number of confirmed and suspected meningitis cases in the outbreak in Kent has fallen to 29.
A US jury has found Elon Musk misled investors by deliberately driving down Twitter's share price in the months leading up to his $44bn (£33bn) takeover of the social media company.
Scientists in the UK have created the first lab-grown oesophagus and implanted it in pigs, which have been able to use it to swallow food.
A NASA spacecraft is now back on its launchpad ahead of the first lunar exploration mission in more than 50 years, after a month of delays.
Preliminary readings of sites in Arizona and southern California indicate that the US has suffered its hottest March day on record.
London 0°C
New York 0°C
Paris 0°C
Tokyo 0°C
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