Buzzy social audio app Clubhouse’s rise to popularity has big tech giants entering the game. But how long will they hype last? Read More
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$20,000 Bitcoin caps Grayscale’s Amazing year
Here is the internet edition of The Ledger,” Fortune’s weekly newsletter covering fiscal engineering and cryptocurrency. Subscribe here to receive it free on your inbox. Fantastic morning, Ledger readers. Now, Bitcoin finally spanned —nay, crushed –that the emotional markers of 20,000, and is currently trading about $20,600. It is a remarkable landmark for a money […]
Even COVID can’t stop New York City’s sidewalk Christmas tree vendors
Every year, an army of friendly, woodsy-looking salespeople, many from Quebec, sell live Christmas trees on New York City sidewalks. Street vendors are ubiquitous on the city’s landscape, but New Yorkers have a particular fondness for the Christmas tree migrants. For one month every winter, Christmas tree sellers become the glue cementing neighborhoods together. On […]
The problem with Coinbase’s valuation
It defies the laws of economics. Read More