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Bitcoin (BTC) an altcoin investment firm Grayscale now has more assets under management (AUM) than the world’s biggest gold fund. According to the latest data from issuer Grayscale, Grayscale now controls over $60 billion — $1.7 billion more than leading gold fund, SPDR Gold Shares (GLD). Praise for Grayscale, futures ETFs Grayscale’s flagship Bitcoin product,
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Bitcoin reached an all-time price high of about $68,950 on Wednesday after a report showed higher-than-expected inflation in October. The cryptocurrency eventually returned some gains as short-term overbought signals appeared on the charts. Gold also rose to its highest level since June following the U.S. inflation report. The precious metal reversed its negative correlation with
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The best way to resolve this problem would be to break the category “digital assets” up into three types: stable digital assets (stablecoins and LTDA), non-stable fungible coins (bitcoin, ether, dogecoin, etc) and non-stable non-fungible coins (NFTs). The monetary threshold for triggering a Form 8300 reporting requirement, currently set at a flat $10,000, should be
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If you are covered by Medicare and are wondering whether you really need a Medicare Supplement Insurance policy, also known as Medigap, you’re not alone. The Medicare website contains hundreds of pages of information, few of which are easy reading. It’s hard to get an answer to the big question: Why should anyone who has Medicare get
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After closing a big acquisition and recording its third straight quarter of a record in-flow of assets, AssetMark is seeking to expand further by competing against fellow platforms and RIA aggregators for business among small practices. The turnkey asset management program and outsourced investment technology firm has generated higher adjusted earnings in the first nine
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A gas pump at an Arco gas station in San Diego, California. Mike Blake | Reuters October’s surge in consumer prices was driven by some factors that may linger. Market pros say the Federal Reserve may be forced to move up the timeline on its ultimate inflation-fighting tool: interest rate hikes. The consumer price index
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Australian banks have been dressing up anti-competitive behavior as regulatory compliance when de-banking crypto customers, Senator Andrew Bragg said. “I believe many banks have been dressing up de-banking as a regulatory necessity. In fact it is often anti-competitive behavior and far more sinister and threatening than it appears on the surface,” the Liberal Senator for
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Following the string of 20 block rewards spent on Wednesday, an idle bitcoin wallet that was created on July 10, 2013, transferred 2,207 so-called ‘sleeping bitcoins’ worth over $147 million. Both of these massive transactions took place on the same day bitcoin reached an all-time price high at $69,000. 2013 Whale Transfers 2,207 Bitcoin Worth
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It turns out that all of the “doom and gloomers” that were warning that we would eventually experience nightmarish inflation were right after all.  In particular, vehicle prices have… by Michael Snyder of The Economic Collapse Blog It turns out that all of the “doom and gloomers” that were warning that we would eventually experience
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For victims waiting to receive class-action payments, a lawsuit settlement loan may seem like a quick and easy solution to their financial woes. A lawsuit settlement loan provides cash in advance for pending settlement award or lawsuit judgment. The borrower can pay back the loan once the funds from the settlement are disbursed. Interest will accrue while
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US consumer prices jumped in October at the fastest pace in three decades as inflationary pressures spread further throughout the economy, putting the Biden administration on the defensive and increasing prospects that the Federal Reserve will have to respond by raising interest rates next year. The consumer price index published by the Bureau of Labor
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