Wednesday, July 2

Finance&Investment

Optimistic Market Outlook 2024: What to Expect This Week with New Year’s Day Holiday and Key Economic Indicators
29Dec By DuisneNo Comments
Finance&Investment

Optimistic Market Outlook 2024: What to Expect This Week with New Year’s Day Holiday and Key Economic Indicators

OverviewPending Home SalesHome Price IndexesConstruction SpendingManufacturing PMIInitial Jobless ClaimsKey Events Calendar Overview As we approach the New Year’s Day holiday, the markets will experience a shortened trading week. Here’s what investors should expect, including key economic indicators, Fed speeches, and market holidays the market outlook. Market Holidays New Year’s Day: Both stock and bond markets will be closed on Wednesday, January 1, 2025, in observance of New Year’s Day. Bond markets will also close early at 2 p.m. EST on Tuesday, December 31, for New Year’s Eve. Economic Indicators Pending Home Sales On Monday, December 30, the National Association of Realtors will release pending home sales data for November. This data will provide insights i...
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Crypto Bitcoin Surges to $100,000: How Trump’s Revolutionary Policies Are Fueling the Rally”
12Dec By DuisneNo Comments
Finance&Investment

Crypto Bitcoin Surges to $100,000: How Trump’s Revolutionary Policies Are Fueling the Rally”

Trump's Nomination of Paul Atkins to the SECMarket Impact and Investor ReactionsA Dramatic Change in FortuneRegulatory Challenges and ShiftsPredictions for a Golden Era in CryptoInstitutional Investment Fuels Bitcoin's RallyConclusion  Bitcoin has surged above $100,000 for the first time, extending a dramatic rally as investors bet on greater political and regulatory support from US President-elect Donald Trump. The price of the world’s largest cryptocurrency climbed as much as 6.1 percent on Thursday to $103,800, up more than 50 percent since Trump’s November election victory. Trump's Nomination of Paul Atkins to the SEC On Wednesday, the former president nominated crypto advocate Paul Atkins to run the Securities and Exchange Commission (SEC), the main market regulator, rais...
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Can Bitcoin Miners Discover a Revolutionary Green Way to Dig for Digital Gold?2024
9Dec By DuisneNo Comments
Finance&Investment

Can Bitcoin Miners Discover a Revolutionary Green Way to Dig for Digital Gold?2024

The Environmental Impact of Bitcoin MiningEnergy Consumption and Carbon FootprintWater and Land FootprintsThe Challenge of Sustainable MiningMara Holdings' Green Mining InitiativeBroader Implications and Future DirectionsGlobal Context and Regulatory PressuresE-Waste and Other Environmental Concerns The Environmental Impact of Bitcoin Mining Whatever one thinks about the merits of bitcoin, one thing is clear: it has a significant environmental impact. Bitcoin mining, the process of validating transactions and adding them to the blockchain, is an energy-intensive endeavor that consumes vast amounts of electricity. Energy Consumption and Carbon Footprint According to the Cambridge Bitcoin Electricity Consumption Index, bitcoin mining has soaked up approximately 146 terawatt h...
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The Big Question: Is the US Economy Truly Exceptional or Simply Overhyped?2024
8Dec By DuisneNo Comments
Finance&Investment

The Big Question: Is the US Economy Truly Exceptional or Simply Overhyped?2024

GDP Growth and ProjectionsConsumer SpendingBusiness InvestmentProductivity and InnovationInflation and Interest RatesLabor MarketGeopolitical and Trade Risks Introduction The US economy has been a subject of intense debate, with some hailing it as a beacon of economic exceptionalism and others warning of an overhyped bubble ready to burst. This article delves into the recent economic performance, key indicators, and expert opinions to provide a balanced view on whether the US economy is indeed exceptional or if it is facing significant risks. Recent Economic Performance The US economy has demonstrated remarkable resilience and growth in recent years. According to S&P Global Ratings, the US GDP is expected to expand by 2.7% in 2024 and 1.8% in 2025, outpacing many other ...
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Cryptocurrency Taxation: What Investors Need to Know for 2024 – A Comprehensive Guide
20Nov By DuisneNo Comments
Finance&Investment

Cryptocurrency Taxation: What Investors Need to Know for 2024 – A Comprehensive Guide

Taxable Events in CryptoCapital Gains and Losses: Short-Term vs. Long-TermRecord Keeping and DocumentationMining and Staking IncomeDeFi and NFT Tax ImplicationsInternational Tax ConsiderationsTax Loss Harvesting and Planning StrategiesNew Developments for 2024Working with Tax Professionals Introduction The cryptocurrency market has evolved dramatically over the past decade, and with it comes increasingly complex tax implications. As we enter 2024, understanding Crypto Taxes 2024 has become crucial for investors, traders, and everyday cryptocurrency users. Whether you're a seasoned investor or just getting started with digital assets, this comprehensive Tax Guide for Cryptocurrency will help you navigate the intricate landscape of Cryptocurrency Taxation and ensure compliance while op...
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