Last week’s market drop continued into Monday, as the tech-heavy Nasdaq fell 4.1% by the close of trading. All the big names got hit, particularly Tesla, whose shares plunged 21% on news that it won’t be put into the S&P 500 stock index. It had run up in anticipation of that inclusion....
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Genesis Creditors Could Miss Out on Recent Crypto Rally

Crypto prices have risen since parts of crypto lender Genesis filed for chapter 11 bankruptcy last month, lifting the value of customers’ crypto assets stuck in Genesis accounts. That’s not necessarily good news for Genesis’ creditors, however. Creditors are worried that any repayments they get from the bankruptcy will be made in dollars, not the original cryptocurrencies,...
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