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The Happiest Place on Earth might also be the most expensive.

Babel Finance, a struggling cryptocurrency lender, lost almost $280 million of its customers' cash in trading.

In a note to clients on Tuesday, a well-known economist warned that demand from cash-strapped buyers is causing US home prices to be on the verge of a big drop.

Following the larger market signals, Ethereum, the largest cryptocurrency, enjoyed a strong surge in July. However, the situation for ETH appears to be shifting.

Bitcoin, the largest cryptocurrency in the world, is finding it tough to retain miners despite the recent price increase. For many operators, Bitcoin mining was a phenomenally profitable endeavor, with gross margins reaching as high as 90 percent at times.

When we talk about problems in the supply chain and shortages, we hide how important prices are.

There were only 25,390 wallets with more than $1 million in Bitcoin as of June 29, 2022. This represents a 72 percent drop in just six months.

The U.S. Oil & Gas Association took a shot at President Biden after he tweeted on Saturday that 'companies running gas stations' should just 'bring down the price you are charging at the pump.' They told him to 'please make sure the WH intern who posted this tweet signs up for Econ 101 for the fall semester.'

Jeff Bezos, the founder of Amazon, criticized President Biden for blaming gas station companies for sky-high prices at the pump. He said the president was either 'misdirecting' or showing a 'deep misunderstanding' of how the economy works.

President Joe Biden didn't ask Saudi Arabia to make more oil on Thursday so that gas prices in the U.S. and around the world would go down.