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The Diamond Crash Accelerates
The Diamond Crash Accelerates
The Diamond Standard Index, tracked on Bloomberg under the ticker DIAMINDX, tumbled to new record lows during the first half of August as a surge in affordable lab-grown stones eroded the scarcity premium underpinning natural diamond prices.
"Technological progress in growing diamonds in labs has been amazing. It's no surprise most engagement rings are now using lab diamonds," X user Crémieux said.
Technological progress in growing diamonds in labs has been amazing.
It's no surprise most engagement rings are now using lab diamonds. https://t.co/MZ4zWVlQNq pic.twitter.com/fH1lFYD3Ih
— Crémieux (@cremieuxrecueil) August 8,...
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The post US Citizen Executed by Israeli Settlers as Israel Aims to Further Control the West Bank appeared first on LewRockwell.
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Saylor's Strategy Holdings Top 800,000 Bitcoin After 3rd Biggest Purchase In History
Saylor's Strategy Holdings Top 800,000 Bitcoin After 3rd Biggest Purchase In History
Michael Saylor’s Strategy, the world’s largest public Bitcoin holder, has blasted past 800,000 BTC in total holdings after announcing its latest purchases.
Strategy acquired 34,164 Bitcoin for $2.54 billion between April 13 and 19, according to an 8-K filing with the US Securities and Exchange Commission on Monday.
As Helen Partz reports for CoinTelegraph.com, the buy ranks as Strategy’s third-largest Bitcoin acquisition on record by coin count, behind purchases of 55,500 BTC and 51,780 BTC in November 2024.
Holding around 780,897 BTC after a $1 billion...
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