IRS Says Crypto Staking is Taxable
Staking a cryptocurrency should induce a tax liability as soon as it is done, the US government says. The IRS rebuffed a suit brought by Joshua Jarrett, a cryptocurrency investor who has sued in the US District Court for the Middle District of Tennessee source : bloomberg
The S&P 500 and S&P 500 Equalweight are on track to have roughly the same price gain in 2024 as they did in 2023.
Equalweight in 2023: +11.56 Equalweight in 2024: +11.47 Cap-weighted in 2023: +24.23% Cap-weighted in 2024: +24.34% source : bespoke
Warren Buffett's Berkshire Hathaway has a cash position of $325 Billion
or 30% of its total AUM, which is Buffett's largest allocation to cash since in 35 years. source : barchart
#airlines
Source: Investywise
A brief history of asset bubbles.
Source: @thedailyshot, Lance Roberts @LanceRoberts
Historical Bitcoin prices on Christmas Eve
2013 - $666 2014 - $323 2015 - $455 2016 - $899 2017 - $13,926 2018 - $4,079 2019 - $7,323 2020 - $23,736 2021 - $50,822 2022 - $16,822 2023 - $43,665 2024 - $98,400 Source: Bitcoin magazine
What has happened in Poland is nothing short of an economic miracle. Hard work and entrepreneurial spirit pay off.
30 years ago Poles were emigrating due to economic reasons. Today many Poles buy real estate in places like Marbella. Source: Michel A.Arouet
Apple now trades at a higher Forward P/E than NVIDIA.
Forward P/E: Apple: 34.3X NVIDIA: 34.1X Source: FinChat @finchat_io $AAPL $NVDA
