Hong Kong excludes proprietary trading firms from tax concessions on carried interest
Hong Kong’s tax policy shift may drive proprietary trading firms to reconsider their operational base, impacting regional financial dynamics. The post Hong Kong excludes proprietary trading firms from tax concessions on carried interest appeared first on Crypto Briefing....
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S&P 500 dividend yield hits historic low as just 5 members still offer 6% or more
The historic low S&P 500 dividend yield highlights a shift towards capital gains over income, challenging income-focused investors’ strategies. The post S&P 500 dividend yield hits historic low as just 5 members still offer 6% or more appeared first on Crypto Briefing....
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Consumer Price Index preview aligns with expectations, suggesting Fed may hold rates steady
Stable rates could bolster economic confidence, but unexpected inflation shifts may prompt policy changes, impacting market dynamics. The post Consumer Price Index preview aligns with expectations, suggesting Fed may hold rates steady appeared first on Crypto Briefing....
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Bitcoin Price Holds Steady as US July CPI Comes in as Expected
The US Bureau of Labor Statistics just published the Consumer Price Index data for July, which has essentially matched most expectations, with the regular CPI coming in at 3.3% to 3.4%. The substantial increase in the CORE CPI of 2.5% was official, given the decline in June due to...
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U.S. CPI inflation slows to 3.4% as expected, bitcoin holds near $64,000
Both headline and core inflation matched economists’ expectations, while bitcoin held near $64,000 and Treasury yields declined....
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Nicolai Tangen says AI and robotics may drive productivity gains and deflation within three years
AI and robotics could reshape economic landscapes by enhancing productivity, potentially leading to deflationary trends and strategic market shifts. The post Nicolai Tangen says AI and robotics may drive productivity gains and deflation within three years appeared first on Crypto Briefing....
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US July CPI report lands at 8:30 a.m. ET on August 12
The July CPI report’s impact on Federal Reserve policy could influence interest rate expectations, affecting financial markets and economic planning. The post US July CPI report lands at 8:30 a.m. ET on August 12 appeared first on Crypto Briefing....
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Cypherpunk Technologies posts $39M net income in Q2, driven by Zcash gains
Cypherpunk’s pivot to crypto highlights the volatility and potential rewards of digital asset strategies, impacting investor confidence and market dynamics. The post Cypherpunk Technologies posts $39M net income in Q2, driven by Zcash gains appeared first on Crypto Briefing....
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US regulator OCC approved Bitcoin and crypto companies to become national banks in the USA
This regulatory shift could accelerate institutional crypto adoption, influencing market dynamics and prompting further regulatory developments. The post US regulator OCC approved Bitcoin and crypto companies to become national banks in the USA appeared first on Crypto Briefing....
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Ron Baron bets $25B on SpaceX, projects $40T valuation within a decade
Baron’s massive bet on SpaceX highlights the potential for unprecedented growth in the space industry, but also underscores significant investment risks. The post Ron Baron bets $25B on SpaceX, projects $40T valuation within a decade appeared first on Crypto Briefing....
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