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S&P 500 in Correction Territory The S&P 500, a major U.S. equities index, has experienced a decline of more than 10% since its peak on July 31. This drop is attributed to growing concerns about a possible recession in the U.S. economy. Analysts have described this as the first correction since the market hit its […]

Introduction The crypto data from the beginning of the year till now reveals a remarkable surge of 106% in the value of bitcoin (BTC) against the U.S. dollar. However, it's important to note that bitcoin is not the top performer in this period. In fact, there are several other cryptocurrencies that have experienced gains surpassing

Introduction Employee Stock Ownership Plans (ESOPs) provide employees with an opportunity to invest in their futures while participating in company stocks. An ESOP is a retirement plan that allows employees to have ownership in the company's stock. When employees leave the company and retire, they can keep these funds by utilizing an ESOP rollover to

Ethereum's Dencun Upgrade: Mainnet Release Now Anticipated in 2024 The highly anticipated Dencun upgrade for the Ethereum blockchain won't be making its debut in 2023 as initially expected. Ethereum's core developers have decided to push back the upgrade's release until at least 2024, a revelation made during the latest All Core Developers meeting. After the

The recent surge in bitcoin prices can be attributed to the growing anticipation of a spot bitcoin exchange-traded fund (ETF) receiving regulatory approval in the United States. As a result, investor sentiments have shifted, as indicated by the Crypto Fear and Greed Index. Bitcoin Price Surges Amid ETF Expectations The price of bitcoin (BTC) has

Robert Kiyosaki Differentiates His Investment Strategy From Warren Buffett’s Robert Kiyosaki, the author of the best-selling book Rich Dad Poor Dad, has revealed his investment strategy, highlighting how it differs from the approach taken by Warren Buffett, the CEO of Berkshire Hathaway. Kiyosaki shared on social media that he is an average investor who focuses

Dogecoin (DOGE) Dogecoin experienced a significant surge on Monday, surpassing a key resistance level and reaching its highest point since August 31. The meme coin started the week at $0.06068 and quickly rose to an intraday peak of $0.06525. This breakout above the $0.0640 ceiling was driven by a breakout at the 65.00 level on

Bitcoin: A Shield Against Inflation Tax Mexican billionaire Ricardo Salinas believes that bitcoin offers a unique solution to safeguard against the detrimental effects of inflation tax. He argues that the decentralized cryptocurrency cannot be debased, making it an effective measure to protect people's savings. Salinas emphasizes that individuals are unknowingly losing their hard-earned money to

FTX, a previously operational cryptocurrency exchange, recently disclosed a proposed settlement scheme. This plan is set to address conflicts surrounding customer assets that were lost when the company declared bankruptcy in November 2022. Key Elements of the FTX Debtors' Proposed Settlement Plan The settlement plan laid out by the FTX debtors incorporates priority payments to

SEC Drops Charges Against Ripple Executives The U.S. Securities and Exchange Commission (SEC) has dropped all charges against Ripple's executives, CEO Brad Garlinghouse and co-founder Chris Larsen. Ripple's chief legal officer stated, "The SEC made a serious mistake going after Brad & Chris personally and now, they've capitulated, dismissing all charges against our executives. This