Biden’s 2025 Budget proposal seeks to tax capital gains at 45%, eliminate crypto tax loopholes
(Kitco News) – Wealthy investors could be in for an unpleasant surprise the next time they do their taxes as...
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Presidential candidate RFK Jr.: ‘I’m gonna put the entire U.S. budget on blockchain’
(Kitco News) – United States presidential candidate Robert Kennedy Jr. wants to bring the transparency of blockchain to the U.S....
Stablecoins drive demand for Treasuries and are fundamental to the US economy – Cantor Fitzgerald CEO
(Kitco News) – Following the launch of multiple spot Bitcoin (BTC) exchange-traded funds (ETFs) in the U.S., financial institutions have...
Bitcoin hits new ATH above $72k, could challenge gold’s position in ‘non-confiscatability’
Another day, another new record high for Bitcoin (BTC) as the top crypto has officially entered price discovery mode since...
UBS boss chastises Europe over letting U.S. take lead in banking
ZURICH, March 6 (Reuters) - The chief executive of Swiss bank UBS chastised European regulators for letting the United States...
Solid US retail sales give economy a boost heading into 2024
WASHINGTON, Jan 17 (Reuters) - U.S. retail sales increased more than expected in December, boosted by motor vehicle and online...
Central bank gold purchases indicate revaluation plans, new monetary paradigm. Will the U.S. join it? – Middelkoop
(Kitco News) - An inexplicit but seemingly coordinated push by most of the world’s central banks to increase their gold...
UK inflation shows surprise rise, denting Bank of England rate cut bets
LONDON, Jan 17 (Reuters) - Britain's annual rate of consumer price inflation (CPI) sped up for the first time in...
Gold little changed with focus on Middle East conflict, US economic data
US Q3 GDP data due on Thursday, PCE price index on Friday$2000 still on the cards if MidEast tensions escalate-analystPlatinum down more than 1%Oct 24 (Reuters) - Gold held nearly steady on Tuesday after hitting a five-month high last week, while traders kept one eye on U.S. economic data and another on tensions in the Middle East.Spot gold ticked 0.1% higher at $1,975.39 per ounce by 12:42 p.m. ET (1742 GMT) after falling as much as 1% earlier in the session. U.S. gold futures settled 0.1% lower at $1,986.1."We saw...
Gold rally cools as traders eye MidEast developments, US data
Markets await US PCE price index, Q3 GDP data this weekPalladium up 3%Oct 23 (Reuters) - Safe-haven gold eased on Monday, hitting pause after jumping to within striking distance of the key $2,000 level in the last session, as traders positioned for further developments on the Middle East conflict and U.S. economic data.Spot gold fell 0.3% to $1,976.19 per ounce by 1:41 p.m. ET (1741 GMT). U.S. gold futures settled 0.3% lower at $1,987.80.Reuters Graphics"Safe-haven demand will continue to drive gold higher after a slight period of consolidation. We believe...
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