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SPACs are publicly traded shell companies with no revenue that raise money from investors with the goal of buying a profitable business. A top worry is that as more and more SPACs sell shares, there will be few viable companies available for them to acquire, leaving investors holding the bag. Shares in dual-listed Chinese companies fell sharply on Thursday in Asia after the U. The move by the Securities and Exchange Commission SEC adds to the unprecedented regulatory crackdown in China on domestic technology companies, citing concerns that they have built market power that stifles competition.
President Joe Biden cited as economic progress Labor Department data that showed a declining number of Americans claimed unemployment insurance, news investors shrugged off earlier as Wall Street traded lower most of the session. The labor report on Thursday showed claims for unemployment benefits dropped to a one-year low last week, a sign that the U. Bloomberg -- Bitcoin fell amid a wider retreat in assets that had earlier ridden a wave of stimulus-infused optimism among retail traders.
The largest cryptocurrency fell as much as 6. The token, down for the fifth straight day, is mired in its longest losing streak since December. The wider Bloomberg Galaxy Crypto Index is also struggling. Speculation is growing that the latest stimulus checks in the U. The number of call options traded in the U. The upcoming expiry of derivative contracts is adding to the volatility, he said. Others argue institutional adoption of Bitcoin is expanding as part of efforts to diversify portfolios and hedge risks like faster inflation.
More bitcoin may be getting HODLed, blockchain data shows. Dow Futures 32, Nasdaq Futures 12, Russell Futures 2, Crude Oil Gold 1, Silver Vix CMC Crypto 1, FTSE 6, Email Address:. Leave blank:. Forgot your password? Contribute Login Join. Market Overview. Tickers, Articles and Keywords:. April 01, am Comments. View the discussion thread. Subscribe to:. Similar sponsored items. Seller assumes all responsibility for this listing. Item specifics Condition: New: A brand-new, unused, unopened, undamaged item in its original packaging where packaging is applicable.
Packaging should be the same as what is found in a retail store, unless the item is handmade or was packaged by the manufacturer in non-retail packaging, such as an unprinted box or plastic bag. See the seller's listing for full details.
See all condition definitions - opens in a new window or tab Read more about the condition. Brand Rockler Weight 3. This is a private listing and your identity will not Rockler Miter Gauge Vs Incra Italy be disclosed to anyone except the seller. Back to home page Return to top. Back to home page. Listed in category:. Email to friends Share on Facebook - opens in a new window or tab Share on Twitter - opens in a new window or tab Share on Pinterest - opens in a new window or tab Add to Watchlist.
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KiLLeR
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