Author: Anthony M. Orbison
Follow Nikolaus On 𝕏 Here For Daily Posts An Austin, Texas man, Frank Richard Ahlgren III, has been sentenced to two years in prison for filing false tax returns that underreported the capital gains from selling $3.7 million worth of bitcoin, the United States Department of Justice (DOJ) announced today.According to the DOJ, Ahlgren was an early Bitcoin investor who began purchasing bitcoin in 2011. In 2015, he acquired 1,366 bitcoins through his Coinbase account, a year in which the price of bitcoin peaked at approximately $495 per coin. By October 2017, Bitcoin’s value had surged, and Ahlgren sold 640 bitcoins…
SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. Medicare premium increases aren’t permanent, but they can have a long tail if you don’t manage your income properly. While most people receive Medicare Part A for free, Parts B and D typically include monthly premiums. Depending on your household income, those premiums might be increased by a needs-based surcharge called the Income-Related Monthly Adjustment Amount (IRMAA). As the name suggests, this is an increase to your monthly Medicare premiums triggered by different levels of household income. For example, let’s say that you withdraw…
(Reuters) – giant Philip Morris International (NYSE:)’s subsidiary Swedish Match North America(SMNA) will pay $1.2 million to settle an investigation into violations of Washington D.C.’s flavored tobacco ban. The District of Columbia attorney general’s office said it had found evidence that SMNA facilitated online sales of “tens of thousands” of flavored Zyn nicotine pouches to D.C. consumers between October 1, 2022, when the ban was enacted, and June 30, 2024. PMI, which acquired a 90% stake in Swedish Match for $16 billion in November 2022, must now monitor its distributor’s compliance with D.C.’s ban quarterly and stop sales of flavored…
Donald Trump’s victory heavily impacted the world’s largest cryptocurrency, Bitcoin (BTC). Even before Trump supported the king coin, the community was sure that BTC would reach a high of $100,000. This was credited to the halving event that occurred earlier this year. Trump’s historic win and support accelerated the asset’s journey to this level. This left the community wondering how high BTC would trade after the president-elect takes office.Also Read: Bullish Prediction Puts Dogecoin’s Price at $1.48How High Is Bitcoin Trading Right Now?Source: CoinMarketCapBitcoin has been lingering around the $100,000 mark for a couple of days now. The king coin…
President Emmanuel Macron has selected one of his earliest allies, the centrist politician François Bayrou, as prime minister in a bid to stabilise the political turmoil in France that has bogged down his second term.The 73-year-old’s appointment came after a nearly two-hour-long meeting at the Élysée Palace, which was said to be tense and led Macron to reconsider other names at the last minute.It also followed a year of political instability in which Macron has now named three prime ministers — a crisis that deepened when the president called and lost early elections in July.Bayrou’s predecessor, Michel Barnier, a former…
Transcript: Conway Gittens: I’m Conway Gittens reporting from the New York Stock Exchange. Here’s what we’re watching on TheStreet today.Buckle up and settle in for higher global airfares in 2025, that’s the prediction coming out of American Express Global Travel Group.Good news, though, for those who are sticking to economy class within a given continent. Ticket prices for flights within North America, Europe, or Asia are expected to rise just 3-4 percent. While passenger demand is expected to grow, most of the gain in ticket prices will be tied to limited supply. Smaller planes used for intra-continental travel are facing production shortages…
Shiba Inu has a bullish structure on the daily timeframe. The order imbalance showed that a short-term price bounce was possible. Shiba Inu [SHIB] bulls struggled to break past the resistance form earlier this year. However, there was increased activity on-chain. The Shibarium TVL reached a new all-time high and the Layer-2 solution recently set a transaction milestone. Is SHIB set to consolidate? Source: SHIB/USDT on TradingView On the daily timeframe, SHIB has a bullish market structure. The higher low at $0.0000266 from the 3rd of December did not see a daily session close below it. However, the MFI has…
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Investing.com — US stock edged higher Friday, looking to end an eventful week on a positive note. Here are some of the biggest premarket US stock movers today: Broadcom (NASDAQ:) stock rose 18% after the chipmaker forecast higher-than-expected revenue for the current quarter, citing increased chip demand from growing interest in artificial intelligence. RH (NYSE:) stock rose 17% after the home furnishings company raised its outlook for the fourth quarter and full year, citing accelerating demand growth. Costco (NASDAQ:) stock rose 0.2% after the membership-based warehouse retailer beat quarterly earnings and sales estimates, as e-commerce sales jumped. Salesforce (NYSE:) stock…
The Dogecoin (DOGE) market made headlines for all the wrong reasons. According to recent updates, co-founder of the Bitcoin sidechain Sequentia, Andreas Kohl, recently revealed that he had brought down 69% of the Dogecoin network. Kohl carried it out in El Salvador using an outdated laptop. Before the vulnerability was exploited, Dogecoin had 647 active nodes. But the real question is if this hack impacted the price of the meme coin.Also Read: How High Will Bitcoin Surge After Donald Trump Takes Office?Dogecoin’s Recent DropThe OG meme cryptocurrency has witnessed a slight drop. This could be linked to both the overall…