In 2024, the S&P 500 index enjoyed a solid 25% return, but the cryptocurrency Market has far outperformed it. By December 19, cryptocurrency Market capitalizations soared to an impressive $3.30 trillion, doubling in less than a year. Bitcoin rose 138% during this time, while Solana, known for its fast smart contracts, gained an astounding 2,000% ...
The head of the Transportation Security Administration (TSA) warned that a potential U.S. government shutdown could lead to longer wait times at airports. If a funding deal isn’t reached by Saturday, around 59,000 TSA employees will continue their crucial roles without pay, while over 17,000 Federal Aviation Administration workers may face furloughs. The TSA, anticipating ...
The head of the Transportation Security Administration (TSA) has warned that a prolonged U.S. government shutdown could result in longer airport wait times. During the shutdown, about 59,000 of the TSA’s 62,000 employees would continue to work without pay, which includes crucial roles like security screening and air traffic control. TSA Administrator David Pekoske noted ...
In recent times, risky cryptocurrency investments are making their way into the retirement savings of everyday Americans. Major retirement plans from well-known firms like Vanguard and Fidelity are putting money into MicroStrategy, a company that has shifted from software development to buying Bitcoin. Despite a remarkable 3,000% gain since 2020, MicroStrategy also faced significant losses ...
Many American retirement accounts are starting to invest in risky cryptocurrencies, particularly through a company called MicroStrategy. Major financial firms like Vanguard and Fidelity hold MicroStrategy stocks, which have shifted focus from software development to buying and holding Bitcoin. While MicroStrategy’s stock has gained significantly, it also faced a downturn in 2022. Investors may not ...
Is it time to switch from Bitcoin to Solana? With the crypto Market booming, Bitcoin has seen a 138% gain, while Solana has surged by 101%. However, over the past two years, Solana’s price has skyrocketed by 2,000%, recovering from lows caused by the FTX crisis. Solana excels in executing smart contracts quickly, making it ...
Michael Saylor, the Executive Chairman of MicroStrategy, has given cryptocurrency investors a reason to pay attention to Bitcoin. Despite the mixed feelings surrounding crypto, Saylor remains a strong advocate, particularly for Bitcoin. In a recent CNBC interview, he suggested that President-elect Donald Trump is serious about establishing a strategic Bitcoin reserve, which could potentially influence ...
Billionaire hedge fund manager Paul Tudor Jones, founder of Tudor Investment Corp, is known for his successful investing strategies, including predicting the 1987 stock Market crash. Recently, his firm sold its shares in Boeing due to ongoing safety concerns and regulatory scrutiny, while boosting its investment in Bitcoin by over 400%. Jones views Bitcoin as ...
David Kakra Mensah, a 31-year-old man from Accra, Ghana, has been sentenced to two years in prison after pleading guilty to money laundering. His criminal activities took place between April and June 2022, during which he was part of a conspiracy that involved the theft of over $603,000 from a business email compromise scheme targeting ...
Michael Saylor, the founder of MicroStrategy, has introduced a new framework aimed at integrating digital assets into the U.S. financial system. This framework is designed to provide regulatory clarity, governance standards, and promote interoperability, which could encourage more institutional investment in cryptocurrencies. Saylor envisions massive growth in digital currency markets and suggests that a strategic ...
