Category: Markets
-
Pudgy Penguins Parent Company Igloo Inc. Acquires Frame
In a strategic move to further solidify its position in the market, Pudgy Penguins’ parent company, Igloo Inc., has announced the acquisition of Frame, a leading digital design platform. This acquisition marks a significant milestone for Igloo Inc. as it continues to expand its portfolio and enhance its offerings in the digital space. Frame has…
-
Proposed law would require IRS to accept Bitcoin.
Rep. Matt Gaetz has recently introduced a groundbreaking bill that could revolutionize the way we pay taxes in the United States. The bill mandates the Internal Revenue Service (IRS) to accept bitcoin as a form of payment for federal income taxes, marking a significant step towards embracing cryptocurrency in the mainstream financial system. Bitcoin, the…
-
In 2014 Charlie Munger called Bitcoin ‘Rat Poison’
In 2014, the legendary investor Charlie Munger made headlines for his now-famous quote calling Bitcoin “rat poison.” Munger, the vice chairman of Berkshire Hathaway and long-time business partner of Warren Buffet, is known for his straightforward and often controversial remarks on various investment opportunities. His skepticism towards Bitcoin, the world’s most famous cryptocurrency, is just…
-
Crypto firms to face more regulations, CFTC Chair says
In recent years, the cryptocurrency market has witnessed tremendous growth and adoption. However, as the market continues to expand, so do the regulatory challenges and concerns surrounding digital assets. The Commodity Futures Trading Commission (CFTC) has been closely monitoring the crypto space and is gearing up for a wave of enforcement actions within the next…
-
Bitcoin price may Reach $2.3 Mil by 2030, Experts Predict.
Introduction: In the world of cryptocurrency, Bitcoin remains the pioneer and the most popular digital currency. Over the years, its price has witnessed unprecedented fluctuations, with some predicting it to reach astronomical figures. One such bold prediction is the possibility of Bitcoin reaching $2.3 million in value. In this article, we will delve into the…