Author: Anthony M. Orbison
In what is another first for the cryptocurrency sector this year, one Bitcoin investor has been sentenced in what is the first crypto tax evasion case. Indeed, the US Department of Justice issued a press release detailing an Austin, Texas, native who failed to file taxes on $4 million in gains.The BTC investor, Frank Richard Ahlgren, filed false tax returns and underreported gains made between 2017 and 2019, documents show. He had first invested in Bitcoin in 2011, with the press release highlighting several high-profile trades throughout the timeframe, resulting in a total tax loss of more than $1 million.JUST…
Stay informed with free updatesSimply sign up to the German politics myFT Digest — delivered directly to your inbox.Germany’s conservatives will campaign in February’s snap election on a platform of tax cuts and tougher controls on illegal immigration, according to a draft manifesto seen by the Financial Times.The 79-page document promises “new policies . . . that will ensure Germany moves forward. And our promise is: we will make sure that happens”.The manifesto, due to be formally unveiled to the public on Tuesday, marks a surprising degree of continuity with the policies of Chancellor Olaf Scholz, especially on issues such as providing military…
ROME (Reuters) – Italy expects to be a central part of Stellantis (NYSE:)’ future strategy and wants the Fiat (BIT:) automaker to safeguard the factories on its territory, Industry Minister Adolfo Urso said on Saturday. “There must be an assertive Italy plan within Stellantis’ industrial plan that protects national factories,” Urso told an event in Rome ahead of a key meeting on the Italian automotive industry on Dec. 17, also involving trade unions. After the abrupt resignation of Carlos Tavares as CEO earlier this month, Rome hopes to fix its strained relations with the carmaker, whose brands also include Alfa…
Journalist Posted: December 14, 2024 SOL was showing a positive trend for the first time in three days. LTHs have held despite the recent declines. Solana[SOL] is witnessing a surge in long-term holder activity, according to data from Glassnode. This rise reflects growing investor conviction, even as SOL trades near $230. Paired with increased network activity and a surging Total Value Locked (TVL) of $9 billion, these trends show the asset’s strong trend and potential for sustained growth. Analyzing Solana’s HODL waves The recent rise in Solana’s price is supported by significant activity in its HODL waves. According to Glassnode data,…
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Costco has long been famous for bulk sales. The warehouse club offers a limited selection, and its members often get the best deals by buying in bulk. That can make sense when it comes to household items, certain non-perishable grocery items, and various beverages.If you can buy coffee pods, for example, in a 200-pack, and that cuts the cost from $.50 per pod to $.25, that’s a huge saving (assuming you use them). Costco members join in order to save money, and that includes some savings in unexpected areas.Related: US adds Level 3 warning for cruise port that ‘targets Americans’Costco…
One of the biggest gainers of the last two months, Ripple (XRP) has surged more than 234% in the last 30 days, as traders anticipate the token to challenge the $5 mark in 2025. Indeed, traders have high hopes for the cryptocurrency as it enters the first year of US President-elect Donald Trump’s second non-consecutive term.November saw the entire cryptocurrency market get a massive boost from Trump’s election win. However, considering the ongoing legal struggles that XRP had with the current administration’s US Securities and Exchange Commission (SEC), it may have the brightest future in the entire industry.Source: RippleAlso Read:…
Investing in dividend stocks can be very comforting. The passive income you receive might not add up to a big sum at first. But as your portfolio of companies continues to grow and increase dividend payments over time, you can eventually achieve a portfolio that’s paying you enough money to pay monthly bills and other expenses. The following companies have great prospects, and all are offering above-average dividend yields. Investors could see years of income growth from Home Depot (NYSE: HD), Nike (NYSE: NKE), and Realty Income (NYSE: O). Here’s why three Motley Fool contributors believe these dividend stocks are…
By Jack Kim SEOUL (Reuters) – South Korean President Yoon Suk Yeol faces the greatest threat to his brief but chequered political career, with his fate in the hands of judges after some of his allies turned from him and voted to impeach him on Saturday for allegedly leading an insurrection. Regarded as a tough political survivor but increasingly isolated, he has been dogged by personal scandals and strife, an unyielding opposition and rifts within his own party. After he narrowly won election in 2022, his recent battles have left him increasingly bitter and have drawn out a recklessness that…
New data from market analytics firm Glassnode reveals that traders are keeping their Solana (SOL) stacks amid expectations that its price will continue to rise. In a new thread on the social media platform X, Glassnode says that long-term holders now own a significant supply of SOL, believing that Solana’s bullish phase is far from over. “Solana investors are HODL-ing (holding on for dear life) firm, expecting higher prices. Long-term holders’ share of wealth locked in the network is growing. The 6-12 month cohort now holds 27% of the supply, showing conviction from 2024 rally buyers.” Source: Glassnode/X But the…