Search results for "RICH"

Crypto investment trends among the wealthy in South Korea: one-third are involved in investing, and the young wealthy are more active

Gate.io News bot, according to Chosun Ilbo, the "2025 Korea Wealth Report" released by the Hana Bank Financial Research Institute shows that one-third of South Korea's wealthy people with financial assets of more than 1 billion won are investing or have invested in cryptocurrencies, with an average investment of 42 million won. According to the report, "Young Rich" under the age of 40 are particularly prominent in crypto investments, with a holding rate of 29%, three times higher than the older wealthy group. These wealthy young people have also shown a high level of participation in overseas equity investment.
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Analysis: The negative impact of tariffs on the macroeconomy suppresses oil prices.

The chief commodity analyst at Sweden's Nordea Bank and the global strategist at TD Securities pointed out that Trump's new tariff policy could have negative effects on trade, economic growth, and oil demand, potentially leading to Inflation, slowing economic growth, and exacerbating trade disputes, impacting crude oil prices. Trump's tariff policy is considered more aggressive, direct, and broad, and may last for a longer duration.
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A certain trader frequently buys high and sells low on the MEME coin rich, losing $739,000 in 3 minutes

BlockBeats news, on December 13th, according to Lookonchain monitoring, a trader bought in with 198 SOL when meme coin rich price was falling. After the purchase, the price had a big dump of 60%, and in a panic, the trader sold everything at a price of 76 SOL, resulting in a loss of 122 SOL. When rich started to rebound, the trader succumbed to the fear of missing out and reinvested 297 SOL. However, the price dropped again by 60%, and in a panic, the trader sold at 93.5 SOL, resulting in a loss of 203.5 SOL. In total, the trader lost 325.8 SOL (739,000 USD) in just 3 minutes. Ironically, rich 30
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