Author: Achraf78
BlackRock Shifts Focus from Bitcoin to Ethereum: Will Altcoin Season Spark? New reports have surfaced indicating that BlackRock, the world’s largest asset manager, has made a surprising move by selling off Bitcoin (BTC) to acquire Ethereum (ETH). This unexpected investment shift has caught the attention of many in the market, with speculations arising about a potential bullish rally for Ethereum that could potentially ignite another altcoin season. BlackRock’s Asset Exchange Recent findings from Lookonchain, a blockchain analytics tool, have uncovered a significant transaction by BlackRock. The asset manager has sold 182 BTC valued at $11.34 million while purchasing 7,574 ETH…
**State GILTI Tax Base Adjustments: Recent Developments and Ongoing Concerns** The landscape of states’ treatment of Global Intangible Low-Taxed Income (GILTI) has seen modest changes in recent years. Since our last update on May 20, 2021, New Jersey and Minnesota are the only states to revise their state tax frameworks to address GILTI tax base adjustments: New Jersey significantly lowered its GILTI tax base from 50% to 5%, by categorizing GILTI as a deemed dividend. Under New Jersey’s Dividend Received Deduction, corporations can deduct up to 100% of dividends and deemed dividends from state corporate taxes, though a 5% inclusion…
Title: Bitcoin and Human Rights: Empowering the Disenfranchised Subheadings: – Bitcoin in Human Rights Context – Examples of Bitcoin for Human Rights – Challenges and Solutions in Bitcoin Adoption for Human Rights At this year’s Oslo Freedom Forum, finance expert Lyn Alden argued that Bitcoin’s liquidity now allows it to be utilized in human rights situations, representing a significant shift in empowerment for the financially marginalized. With a market cap exceeding $1.2 trillion, Bitcoin’s decreased volatility compared to its earlier days makes it a viable tool for empowering individuals historically excluded from financial opportunities. Examples of Bitcoin’s impact within human…
Title: Dogecoin Price Rises Amidst Middle East Tensions and Regulatory Pledge from Kamala Harris Dogecoin’s value has surged today for various reasons, including the calming of tensions in the Middle East and a commitment from Kamala Harris regarding cryptocurrency regulations. Reasons Behind Dogecoin’s Price Increase The current surge in Dogecoin’s price can be attributed to several factors. Middle East Tensions Ease One of the main driving forces behind Dogecoin’s price increase today is the easing of tensions in the Middle East. As geopolitical tensions calm down, investors are turning to cryptocurrencies as a safe haven, leading to an increase in…
Title: Samara Asset Group Plans to Increase Bitcoin Holdings with $32.8 Million Bond Issuance In a recent announcement, Malta-based Samara Asset Group disclosed its intentions to bolster its Bitcoin (BTC) holdings utilizing funds from a $32.8 million bond issuance. Samara Targets 1,000 Bitcoin Milestone Publicly-listed asset management firm Samara has appointed investment bank Pareto Securities to facilitate potential issuance of a €30 million or $32.8 million Nordic bond. Proceeds Utilized for Expansion The proceeds from the bond issuance will be allocated towards expanding Samara’s investment portfolio by acquiring additional limited partnership stakes in alternative investment funds. Moreover, the funds raised…
Winterize Your Home in 10 Easy Steps Before Winter Hits As winter approaches, it brings cold days, dark evenings, and snow flurries, making it essential to prepare your home for the harsh weather ahead. Winter can cause damage to your house, from gusting winds affecting your plants to ice storms stressing your roof. Taking precautions now can save you time and money in the long run. Here are 10 steps to help you winterize your home effectively: 1. Inspect Your Roof: Ensure your roof is in good condition to withstand winter weather by scheduling a professional inspection. 2. Clear the…
Record High Liquidity in Crypto Markets: Impact on Bitcoin Price The latest on-chain data reveals that liquidity in the cryptocurrency markets has surged to unprecedented levels. This surge has significant implications for the price of Bitcoin and its future trajectory. Stablecoin Market Cap Reaches New Heights, Influencing Bitcoin Price A recent report by CryptoQuant highlights a historic high in crypto market liquidity, sparking discussions about the potential resurgence of the Bitcoin bull market. The on-chain analytics firm indicates that market liquidity, measured by stablecoin value and market capitalization, currently stands at approximately $169 billion. Data from CryptoQuant illustrates a significant…
Considering Relocating to Utah? Discover 10 Charming Small Towns in the Beehive State Utah is more than just bustling cities like Salt Lake City and West Jordan. The state is home to picturesque small towns that offer a unique experience of life in a quieter setting. From historic landmarks to community festivals, these small towns in Utah have something for everyone. Let’s explore some of the hidden gems that make Utah a great place to call home. 1. Price, UT – A town rich in history and outdoor adventures, Price is known for its dinosaur fossils and ancient artifacts. Explore…
Americans Abroad Face Double Taxation: Navigating the Complex Compliance Burden In a noteworthy statement last week, Republican presidential nominee Donald Trump expressed his support for ending the double taxation of overseas Americans. Unlike most developed countries, the U.S. mandates that all citizens pay income taxes regardless of residence, a proposal from Trump that could align the U.S. with global tax norms by taxing only residents. **The Impact on Americans Living Abroad** While this tax policy affects a minority of Americans, millions of expatriates view it as a significant burden. The intricacies of U.S. tax laws compound the challenge. Although most…
Title: Kamala Harris Introduces Race-Based Crypto Policy: A Misstep for Bitcoin As Kamala Harris announced her support for a regulatory framework aimed at protecting Black men investing in digital assets, the crypto community responded with skepticism. The focus on race in her policy raises concerns about equality and access within the Bitcoin network. The article criticizes Harris for playing favoritism and neglecting the inclusive nature of Bitcoin. Comparisons are drawn to potential backlash if a similar policy were proposed by a different political figure. The author argues that Trump’s approach, focusing on benefiting all Americans, is more aligned with the…