With Bitcoin's (CRYPTO: BTC) reputation for being "digital gold" cementing rapidly, it's the perfect example of how the idea of money as a form of value storage is changing to be more fluid and less pinned down to physical objects. Most people would point to physical gold as a store of value. The global market cap for gold, at the prevailing market price of around $2,751 per ounce, is roughly $18.4 trillion.
Generally speaking, stock splits take place when the price of a stock is deemed to be too expensive for the average investor. In a stock split, there is no change to the overall market cap of the stock. In a 2-for-1 stock split, for example, the number of shares doubles, but the price of each share is cut in half.
The new year ramps up expectations and preparations, but if you're in the market to buy a new house, what will 2025 have in store for your budget? The U.S. housing market is filled with potential...
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With all-important coins like Bitcoin, (CRYPTO: BTC) Solana, (CRYPTO: SOL) and XRP (CRYPTO: XRP) hovering near their all-time highs, it's a good time to be a cryptocurrency investor. While there's no guarantee that such a thing will come to pass, based on the discussions with the presidential transition team so far, some investors are anticipating official policy updates within the first 100 days of the new administration. There probably aren't any endorsements of the coin's value that are stronger than the U.S. government's. If the SBR is created, it will be a major affirmation of Bitcoin's core investment thesis.
NEW YORK (Reuters) -Wall Street banks are getting ready to sell up to $3 billion of debt holdings in X, the social-media platform controlled by Elon Musk, two people with knowledge of the matter said on Friday. Morgan Stanley bankers have contacted investors ahead of a planned sale next week, the sources said. Banks expect to get 90 to 95 cents on the dollar, according to the Wall Street Journal, which first reported preparations for the sale.
A whirlwind week of announcements, executive orders, and commentary from the president turned the prevailing market narrative on its head.
The regulator's decision to rescind SAB 121 removes a key accounting barrier that could accelerate traditional banks' entry into crypto custody services.
President Donald Trump this week signed an executive order to establish U.S. dominance in the digital asset market and make the country the global center of crypto. But does that order deliver on what Trump said he'd accomplish?
Existing-home sales were higher in December, but still came in at their lowest levels since 1995. Economists see positive trends that could continue into 2025.
