U.S. Representative Moves to Ban Trump, Family, and Congress from Trading Crypto and Stocks
A new political debate is brewing in Washington as Representative Ro Khanna pushes for legislation that would prohibit President Donald Trump, his family, and members of Congress from trading stocks or cryptocurrencies while in office. The proposed bill aims to eliminate conflicts of interest that may arise when public officials have direct financial stakes in […]
Metaplanet To Secure $62M Funding, Boosting 1,142 BTC Holdings
If its fundraising efforts are successful, Metaplanet could buy around 652 more Bitcoins for $62 million. Japanese investment firm Metaplanet plans to raise over $62 million (9.5 billion Japanese Yen) through a stock acquisition initiative to expand its Bitcoin treasury, which currently holds 1,142 Bitcoin valued at over $109 million. In a statement released on […]
MicroStrategy’s Market Cap in Race to Top Intel’s
MicroStrategy’s (MSTR) market capitalization has surpassed $100 billion and is on course to surpass semiconductor manufacturer Intel. According to a Nov. 19 analyst report shared with Cointelegraph, the stock is poised for additional gains as analysts anticipate that MicroStrategy’s BTC buying spree will accelerate even quicker than previously thought. According to data from Google Finance, […]
AI Drives Meta & Microsoft Q3 Earnings, But Stock Prices Dip
Meta and Microsoft’s AI businesses announced better-than-expected quarterly earnings, but muted outlooks saw their shares down after hours. Shares in Meta Platforms and Microsoft declined in after-hours trading on Oct. 30 despite both companies posting strong Q3 earnings, as executives gave lower earnings forecasts and outlined increased spending plans for artificial intelligence (AI). Meta reported a […]
Turkey Decides Against Additional Tax Package on Stocks
Vice President Cevdet Yilmaz reaffirmed that Turkey will not impose a tax on gains from trading stocks or cryptocurrencies this year. According to Bloomberg reporting, the government has prioritized cutting current tax exemptions over considering a tax of this kind. The ruling, which clarifies the government’s position, is a momentous occasion for investors in Turkey’s […]