Bitcoin, once known for its extreme price swings, is now showing signs of stabilizing, according to Matt Hougan of Bitwise Asset Management. Over the past decade, the cryptocurrency’s wild fluctuations have decreased significantly. Hougan attributes this shift to a recent surge in demand from ETFs combined with a limited supply in the market. The introduction
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The price of bitcoin has reached record highs this week, driven by the demand for newly approved spot bitcoin exchange-traded funds. Despite the dip to $67,000 from the $73,000 peak on Wednesday, the price is still up more than 50% year to date. With this surge in bitcoin’s value, tax professionals are warning investors about
With the recent rise in inflation rates, Social Security cost-of-living adjustments have increased in the past years. However, experts predict that these benefit increases may begin to decrease starting in 2025 as inflation subsides. Mary Johnson, a Social Security and Medicare policy analyst, suggests that the 3.2% increase in 2024 may be among the last
The White House has announced plans to eliminate origination fees on federal student loans, a move aimed at reducing the financial burden on students. According to the Biden administration, these reforms are expected to save billions of dollars in unnecessary fees for borrowers. While most private lenders have already done away with origination fees, federal
In recent years, menopause has finally started to enter the public conversation, with celebrities sharing their experiences and promoting various products aimed at alleviating symptoms. Despite this increasing awareness, there is still a significant gap in the treatment of menopausal symptoms, presenting a considerable opportunity for companies to step in and make a difference. According
When it comes to Social Security benefits, the decision of when to claim them is crucial for all older Americans, but it holds even more significance for women. According to Mary Beth Franklin, a certified financial planner and Social Security expert, this decision is heavily influenced by the factor of longevity. Women, on average, tend
Vonovia, a German property giant, experienced a significant drop in shares by more than 7% on Friday, highlighting the deepening real estate crisis in Europe’s largest economy. The company reported an annual loss of 6.76 billion euros in 2023, which was a drastic increase from the 669.4 million euro loss reported the previous year. This
Bitcoin, the world’s largest cryptocurrency, has once again demonstrated its penchant for dramatic price swings. In a recent overnight trading session, the digital asset plummeted from over $72,000 to around $67,000, marking a steep decline of approximately 7%. This unexpected drop serves as a stark reminder that, despite its growing acceptance in mainstream finance, Bitcoin
The proposal for a wealth tax targeting the world’s super-rich is gaining traction once again, with U.S. President Joe Biden putting forth a plan to impose a “billionaire tax” on individuals with wealth exceeding $100 million. This initiative has sparked a renewed debate on how best to address wealth inequality and ensure that the ultra-wealthy
As we approach the spring season, individuals searching for rental properties are confronted with a highly competitive market. The latest Rental Market Report from Zillow Group reveals that the average asking rent in the U.S. surged to $1,959 in February. This represents a minimal 0.4% increase from the previous month but a significant 3.5% uptick
