Author: Achraf78

21 October 2024 3 min read Ramesh Rao, a 60-year-old retired IT professional, resides in Bengaluru with his wife, Meera. Their children, both successful engineers at Apple Inc. in the USA, visit them annually during Diwali, creating a special family reunion filled with joy and celebrations. Like what you’re reading? Get our latest, straight to your inbox. Upon retiring five years ago, Ramesh carefully planned his finances, estimating monthly expenses at ₹50,000 for groceries, utilities, healthcare, and leisure activities. His fixed income comprised his pension, fixed deposit interest, and returns from PPF and mutual fund investments. Initially, ₹50,000 per month…

Title: Democratic Party for the People Leader Proposes Tax Cut to Drive Japan’s Web3 Leadership The Democratic Party for the People leader, Yuichiro Tamaki, has unveiled a bold plan to position Japan as a frontrunner in the Web3 space. As part of this vision, Tamaki has proposed reducing the corporate tax rate to 20%, aiming to attract investment and promote innovation in the digital economy. This strategic move is a key component of Tamaki’s broader agenda to position Japan at the forefront of the Web3 revolution. By creating a more business-friendly environment, Tamaki hopes to incentivize companies to embrace cutting-edge…

Bitcoin Price Predictions: Surging Towards $70,000 Resistance Zone Gains Continue for Bitcoin Price Above $68,000 Resistance Bitcoin price has surged above the crucial $68,000 resistance zone and is now consolidating as it aims for further gains above the $69,500 resistance level. The cryptocurrency remains stable and has extended gains above $68,500, trading above the 100 hourly Simple Moving Average. Key Resistance and Support Levels A key contracting triangle is forming with support at $68,750 on the hourly chart of the BTC/USD pair. If there is a close above the $69,450 resistance zone, the pair could rally further. Consolidating Gains Above…

Last week, ParkwayLife REIT (SGX: C2PU), or PLife, and Intuitive Surgical, Inc (NASDAQ: ISRG) reported their quarterly earnings. For the upcoming week, I am eagerly anticipating the financial reports from the following companies: Frasers Centrepoint Trust (SGX: J69U), Mapletree Logistics Trust (SGX: M44U), Mapletree Pan Asia Commercial Trust (SGX: N2IU), iFAST Corporation Limited (SGX: AIY), and Tractor Supply Company (NASDAQ: TSCO). Among these entities, my positive outlook is on FCT. Key performance indicators like occupancy rates and rental reversion are expected to stay robust. With only 67% of its debt hedged to fixed rate interest, I anticipate a decrease in…

The Bitcoin vs Dollar Debate: Is Bitcoin Better Than Fiat Currencies? The ongoing debate between Bitcoin and the US dollar has captured the attention of financial analysts, crypto enthusiasts, and investors alike. With Bitcoin’s price soaring to over $70k last March 2024, the question of whether Bitcoin is a superior store of value and hedge against inflation remains as relevant as ever. Anthony Pompliano, from Professional Capital Management, believes that Bitcoin outshines fiat currencies due to its lower volatility and simplified investing principles. In a recent Fox News interview, Pompliano emphasized the advantages of Bitcoin over traditional currencies, citing the…

Title: BlackRock CEO Larry Fink Embraces Bitcoin Growth Amidst Regulatory Uncertainty Larry Fink’s Surprising Stance on Bitcoin I’ll admit – just a few years ago, I’d be shocked to hear myself say that the CEO of BlackRock is making good points about Bitcoin. As head of the world’s largest asset manager, I assumed Larry Fink would be Bitcoin’s biggest critic. But compared to dismissive remarks on Bitcoin from other Wall Street leaders like Jamie Dimon, Fink’s perspective is a refreshing change. If you think otherwise, yesterday’s earnings call proves it. During the call, Fink declared, "I’m not sure if either…

Title: Crypto Influencer Donates $2,000 to The Turtle Foundation in Public Apology In a gesture of contrition, the crypto influencer recently made a $2,000 donation to The Turtle Foundation, a reputable conservation charity. Heading: Generous Donation to The Turtle Foundation The renowned crypto influencer has taken a significant step towards redemption by donating $2,000 to The Turtle Foundation. Heading: Making Amends Through Philanthropy By supporting The Turtle Foundation with a generous donation, the crypto influencer is demonstrating genuine remorse and a commitment to positive change. In a public show of accountability, the influencer’s donation to The Turtle Foundation serves as…

October 20, 2024 Read Time: 2 minutes Priya Kumar, a 40-year-old IT professional from Bengaluru, earns ₹1,50,000 per month. Despite regular savings, she is concerned about her future, especially after seeing her parents struggle with medical expenses in retirement. With only ₹15,00,000 saved and retirement approaching in 20 years, Priya understands the importance of devising a strategic financial plan for her future. Enjoying this article? Get more delivered to your inbox. The Importance of Including Growth Assets in Your Portfolio As of October to December 2024, the current interest rates for key savings schemes in India are as follows: Public…

Bitcoin Market: Increased Leverage Raises Risk Levels Recent data indicates that Bitcoin (BTC) is currently attracting attention from various investors, including short-term traders and institutional players. Spot Bitcoin ETFs have shown strong performance, reflecting growing interest in the cryptocurrency. Additionally, the Bitcoin derivatives market is experiencing heightened risk-taking behavior amongst traders, as indicated by recent on-chain data. Utilizing leverage allows traders to control larger positions with less capital, potentially boosting profits but also exposing them to greater risks. An analyst known as Crazzyblockk highlighted increased leverage usage in the Bitcoin market, evidenced by the Estimated Leverage Ratio (ELR) metric. This…

Title: Morgan Stanley’s Strategic Investments in Bitcoin ETFs Propel Growth January 10th, 2024 marked a significant milestone as the US Securities and Exchange Commission greenlit the Bitcoin ETF applications of prominent funds like Fidelity, Grayscale, and Blackrock’s IBIT, leading to a surge in trading volume across the market. Notably, financial giant Morgan Stanley has been steadily increasing its Bitcoin ETF holdings, as evidenced by its recent disclosure of $272 million worth of investments, showcasing a 2% portion of its massive $1.3 trillion asset base. Morgan Stanley’s strategic approach involves diversifying its BTC holdings among various funds such as Blackrock’s iShare…