Bitcoin may start to lose its reputation as a volatile asset. According to Bitwise Asset Management’s Matt Hougan, the cryptocurrency’s wild price swings have come down substantially over the past decade. “What’s driving the bitcoin market right now is a simple demand-supply imbalance,” the firm’s chief investment officer told CNBC’s “ETF Edge” on Monday. “We...
Calls for a wealth tax on the world’s super-rich are once again gaining attention after U.S. President Joe Biden said he would impose a new “billionaire tax” on the country’s wealthiest if reelected in November. Outlining his 2025 budget proposals on Monday, Biden took aim at the uber-affluent and reiterated plans for a 25% tax...
Copies of The Daily Telegraph newspaper on a newsstand in a shop in London, UK, on March 12, 2024 (L), and UAE Vice President Sheikh Mansour bin Zayed al-Nahyan speaking at COP28 on Dec. 1, 2023. Getty Images DUBAI, United Arab Emirates — Mansions, university facilities, think tanks, sports teams — the U.K. is no stranger...
Judge Scott McAfee presides over a hearing regarding media access in the case against former U.S. President Donald Trump and 18 co-defendants, at the Fulton County Courthouse in Atlanta, Georgia, on Aug. 31, 2023. Arvin Temkar | AFP | Getty Images A judge on Wednesday dismissed six counts in the Georgia criminal election interference case...
Argentina’s President Javier Milei gestures while delivering his first policy speech to parliament during the inauguration of the 142nd ordinary session of Congress in Buenos Aires on March 1, 2024. Juan Mabromata | Afp | Getty Images Argentina’s Javier Milei has been accused of hypocrisy for orchestrating a substantial increase in presidential pay while pushing...