Soaring inflation. The war in Ukraine. With so much going on this year it’s hard to focus on things like filing your taxes. Nevertheless, the IRS still expects you to file your 2021 return and pay whatever you still owe by the filing deadline, which is April 18 for most taxpayers. If you haven’t filed […]
Bitcoin and other cryptocurrencies fell sharply on Dec. 4, in another sign that Omicron uncertainty, concerns about surging inflation, and firming expectations that the Fed will speed up its pullback of stimulus are feeding a wave of risk-off sentiment. By 8:14 a.m. New York time, bitcoin was down 12 percent at $47,177 on Coinbase, while […]
Business groups are urging the White House to hold off with its vaccine mandate—at least until after this holiday season. What are their concerns? Big consumer brands like Unilever and Procter & Gamble are increasing prices, but that’s also because they are confident that you will keep paying for it. One financial regulator says they […]
Twitter is working with a Bitcoin payments company called Strike. Twitter CEO Jack Dorsey is an investor. Users in the United States and El Salvador, which just made Bitcoin legal tender, can now instantly send each other Bitcoin, and it seems it’ll cost almost nothing. Jack Dorsey is a vocal supporter of bitcoin and says […]
SHANGHAI—Chinese regulators have tightened restrictions that ban financial institutions and payment companies from providing services related to cryptocurrencies, marking a fresh crackdown on digital money. Compared with a previous ban issued in 2017, the new rules greatly expanded the scope of prohibited services, and judged that “virtual currencies are not supported by any real value”. […]
Supercomputing could be bad news for cryptocurrencies like Bitcoin, which experts say could be vulnerable to hacking by someone with a lot of computing power. But it doesn’t seem to worry the crypto crowd. The total value of all cryptocurrencies worldwide just hit $2 trillion in market capitalization. But can it really be compared to top […]
