Tech Stock Surge Record Inflows & Crypto Doubles Amidst Fed Rate Cut Speculation
March 1, 2024
LONDON, March 1 (Reuters) – Investors poured the most cash into technology stocks since August in the week to Wednesday and doubled the amount they put into cryptocurrencies, according to a report on Friday from Bank of America Global Research. Inflows into tech stocks, which include the so-called “Magnificent 7″ largest companies by market value, […]
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A tax loophole is helping bitcoin holders save tons of cash by avoiding federal taxes
July 26, 2021
The crypto market is down 46% from its all-time high in May, but shrewd investors are celebrating the dip in prices. Because the IRS classifies digital currencies like bitcoin as property; losses on crypto holdings are to treat much differently than losses on stocks and mutual funds, according to Onramp Invest CEO Tyrone Ross. With crypto tokens, […]
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