Bitcoin Crash Nears 2000 Dotcom Bubble Burst. 4 Things to Know Today
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1. Bitcoin hysteria continues to take investors for a ride. The recent 70 per cent fall in its value since December last year gives déjà vu to financial markets as it echoes 78 per cent plunge of nasdaq composite index post 2000 dotcom burst.
2. The walmart-flipkart deal has hit troubled waters again. Around 1 million traders will be protesting today against the deal alleging possible circumvention of fdi policy and impact on small businesses by the questionable ecommerce model.
3. Black money horror tears into government’s clampdown as india ranks 73rd in terms of money parked by its citizens and companies with Swiss banks, while the UK remains on the top, Pakistan is just a rank above India.
4. Here’s some inspiration for those wanting to swim against the tide. Leah Chowdhry, an Indian-origin british entrepreneur is training to swim across the English Channel to raise funds to combat child trafficking in India.
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