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Crypto Flash Crash Wiped Out $300 Billion In Less Than 24 Hours, Spurring Massive Bitcoin Liquidations

Crypto Flash Crash Wiped Out $300 Billion In Less Than 24 Hours, Spurring Massive Bitcoin Liquidations

Topline After a run-up in prices ushering in Coinbase’s long-awaited market debut earlier in the week, the cryptocurrency market plummeted early Sunday after blackouts in China led to massive declines in bitcoin’s mining rates—tanking prices and spurring billions of dollars in liquidations. Key Facts An overnight crash that started late Saturday tanked the total market…

Brazil’s COVID-19 death surge set to pass the worst of record U.S. wave

Brazil’s COVID-19 death surge set to pass the worst of record U.S. wave

FILE PHOTO: Gravediggers wearing protective suits carry a coffin of a 32-year-old man who died from the coronavirus disease (COVID-19) as spotlights illuminate the graves during night burials at Vila Formosa cemetery in Sao Paulo, Brazil, March 30, 2021. REUTERS/Amanda PerobelliRIO DE JANEIRO (Reuters) – Brazil’s brutal surge in COVID-19 deaths will soon surpass the…