5 things to know before the stock market opens Monday, Jan. 24

5 things to know before the stock market opens Monday, Jan. 24

Here are the top news, trends and analysis that investors need to start their trading day: 1. Wall Street opens lower after worst week on Nasdaq since March 2020 Traders on the floor of the New York Stock Exchange, January 21, 2022. Source: NYSE US stock futures fell on Monday, pointing to more sharp losses … Read more

NYC’s mayor invests first paycheck in cryptocurrency | Technology

NYC's mayor invests first paycheck in cryptocurrency | Technology

Written by Michael L. Bryce and Thalia Petty – The Associated Press New York (AFP) – New York City’s new mayor, Eric Adams, is planning to convert his first salary this week into cryptocurrencies, which he has been exaggerating as a potential economic driver for the city. The Democrats’ office announced Thursday that Adams’ first … Read more

NYC’s mayor invests first paycheck in cryptocurrency

NYC's mayor invests first paycheck in cryptocurrency

NEW YORK – New York City’s new mayor, Eric Adams, plans to convert his first salary this week into two cryptocurrencies, which he has been exaggerating as a potential economic driver for the city. The Democrats’ office announced Thursday that Adams’ first salary payment will be deposited into Coinbase, an online platform used to purchase … Read more

Crypto investing is alive and well in Turkey, thanks to lira woes | Crypto News

Crypto investing is alive and well in Turkey, thanks to lira woes | Crypto News

Istanbul, Turkey – Off Istiklal Street, Istanbul’s busiest pedestrian lane, pedestrians occasionally stop to look at a screen displaying cryptocurrency prices in the NakitCoins window. Only a handful of people walk into the store, but the actual exchange, which allows them to buy or sell bitcoin and other cryptocurrencies, is a physical example of how … Read more

Investors riding the NFT craze are facing billions in taxes | Crypto News

NFTs had a breakthrough year – What’s next for them? | Crypto News

The NFT market has ballooned to $44 billion, Chainalysis data shows, and the rules for taxing tokens are unclear. It’s one of the hottest corners of cryptocurrency – and now the US government wants its share of the profits. Investors and creators of non-fungible tokens — a market that has swelled to $44 billion and … Read more

Bitcoin climbs above key level after US inflation jump | Crypto News

Bitcoin climbs above key level after US inflation jump | Crypto News

The largest digital asset by market capitalization rose 3.3 percent to $44,085 on Wednesday. by Vildana Hajrik and Emily GravioBloomberg Posted on January 12, 2022January 12 2022 Bitcoin surged above $44,000 for the first time in a week as the largest US inflation rate in four decades revived the debate over whether the cryptocurrency is … Read more

NFTs had a breakthrough year – What’s next for them? | Crypto News

NFTs had a breakthrough year – What’s next for them? | Crypto News

When Canadian artist Trevor Jones graduated 14 years ago from the University of Edinburgh in Scotland, he quickly faced the harsh realities of the art world. “I had some good exhibitions and gallery shows,” he told Al Jazeera. But it wasn’t a way to pay the bills. I was working three different jobs at the … Read more

Inflation hedge? Bitcoin jumps after US consumer price data | Crypto News

Inflation hedge? Bitcoin jumps after US consumer price data | Crypto News

Bitcoin extended its gains after data showed US consumer prices rose at the fastest pace in nearly four decades. by Vildana HajrikBloomberg Posted on December 10, 2021December 10, 2021 Bitcoin extended gains after a report showed that US consumer prices rose at the fastest pace in nearly four decades. The largest cryptocurrency by market capitalization … Read more

Turkey aims at safe financial base for cryptocurrency market

Turkey aims at safe financial base for cryptocurrency market

Istanbul Mustafa Ilyas, the deputy leader of the parliamentary group of the ruling Justice and Development Party (AKP), has denied allegations of a 40 percent tax on cryptocurrency gains. class=”cf”> A proposed law to regulate domestic cryptocurrency exchanges is expected to be presented to the Turkish parliament in the coming weeks. Elias tweeted late on … Read more