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Dogecoin in spotlight as cryptocurrency backer Musk makes SNL appearance

Dogecoin in spotlight as cryptocurrency backer Musk makes SNL appearance Reuters 1 day ago By Alden Bentley and Gertrude Chavez-Dreyfuss © Reuters/DADO RUVIC Cryptocurrency representations are seen in front of the Dogecoin logo in this illustration By Alden Bentley and Gertrude Chavez-Dreyfuss Popular Searches NEW YORK (Reuters) - With the price of dogecoin surging, investors are looking ahead to Elon Musk s guest-host spot on this weekend s Saturday Night Live comedy sketch TV show after the billionaire s tweets this year turned the once-obscure digital currency into a speculator s dream. The Tesla Inc chief executive will host the show at 11:30 p.m. EDT on Saturday (0330 GMT on Sunday). The timing puts Musk, who is also known as an enthusiast of cryptocurrencies, back in the spotlight just as Tesla s stock is losing steam following last year s monster rally.

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Cryptocurrency Investors Should Be Prepared to Lose All Their Money, Bank of England Governor Says

Asked at a press conference Thursday about the rising value of cryptocurrencies, Bailey said: They have no intrinsic value. That doesn t mean to say people don t put value on them, because they can have extrinsic value. But they have no intrinsic value. I m going to say this very bluntly again, he added. Buy them only if you re prepared to lose all your money. Bailey s comments echoed a similar warning from the U.K. s Financial Conduct Authority. Investing in cryptoassets, or investments and lending linked to them, generally involves taking very high risks with investors money, the financial services watchdog said in January.

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Barratt hails £1bn forward sales hike amid booming UK market

PREMIUM The group announced it would repay a further Â£3.5m of rates relief on its show homes and sales offices due to strong trading. Picture: Getty Images BARRATT Developments said forward sales were almost £1 billion up on last year as it “modestly” hiked its outlook amid a booming property market and a strong start to 2021. The housebuilder said it is set to complete more homes this year than first predicted, at between 16,000 and 16,250, with a further 650 joint venture completions. It comes after the housing market roared ahead in recent months due largely to the stamp duty holiday, which was extended to the end of June south of the Border, and the equivalent in Scotland as well as changing demand due to the pandemic.

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EconomicPolicyJournal com

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economicpolicyjournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from economicpolicyjournal.com Daily Mail and Mail on Sunday newspapers.

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EconomicPolicyJournal com

Capitol hillNew jerseyUnited statesJack dorseyShiba inuJackson palmerDavid einhornDavid kimberleyBilly markusElon muskDavid stockmanJamie dimonHometown internationalElectric vehicle ponziZero hedgeGreenlight capital