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The Department of Government Efficiency (DOGE) has made is mark so far, to the tune of $48.3 billion, according to the new website that tracks DOGE’s progress. Polymarket.com launched a site so you can track every red cent that DOGE redirects from what they’re calling “government waste.” DOGE announced on Friday that it’s going to target bigger government agencies like the Pentagon, in addition to the Department of Education and USAID. As DOGE continues its efforts to downsize government, so do the efforts to slow it down in the courts. 14 Democratic attorneys general have filed a lawsuit arguing that…
Key TakeawaysFreelancing is changing because of cryptocurrency. Websites that use both can be great for freelancers.Blockchain technology enables secure, transparent, and efficient transactions in crypto freelancing.In crypto freelancing websites, a contract ensures you get paid directly to your wallet after work is approved.Nowadays, freelancing and cryptocurrency are changing how we work and get paid. Blockchain-based freelance platforms are a great option for freelancers looking to capitalize on these trends. Some platforms offer unique benefits and features, like earning in cryptocurrency. This article highlights the blockchain platforms for freelancing and explains their benefits, features, and popular options.All About Blockchain Freelance PlatformA…
Based on a lot of the recent dire headlines, many Americans may have come to think of Social Security as an asset that is going to disappear from their financial future rather than be part of it, but it may be a bigger factor in portfolio success than it gets credit for, according to investing legend Charles Ellis.The steady stream of income provided by Social Security can influence asset allocation decisions that improve overall performance, says Ellis, who has written many books on investing and helped to pioneer the index fund space.”We don’t talk about it. We don’t measure it.…
The New York Stock Exchange (NYSE) has filed with the US regulator on behalf of asset manager Grayscale, seeking approval to introduce staking in its spot Ethereum exchange-traded funds (ETFs).If approved, Grayscale will be permitted to stake Ether ETHUSD within the Grayscale Ethereum Trust ETF (ETHE) and the Grayscale Ethereum Mini Trust ETF (ETH), as per a Feb. 14 filing with the US Securities and Exchange Commission (SEC).Grayscale will not promote any specific level of return from stakingIt said Grayscale would earn staking rewards from any staking activity the funds engage in, which would be considered income for the funds.The…
By Suzanne McGee (Reuters) – Asset managers, ranging from wealth management companies to hedge funds and pension funds, boosted allocations to U.S. exchange-traded funds tied to the price of bitcoin in the fourth quarter of 2024, as the price of the world’s largest cryptocurrency soared 47%, according to recent regulatory filings. The State of Wisconsin Investment Board disclosed in its quarterly 13-F filings with the Securities and Exchange Commission that its bitcoin ETF holdings more than doubled in the final three months of last year, to 6 million shares of the iShares Bitcoin Trust ETF by December 31. The fund,…
Ghanaian fintech startup Hurupay has launched stablecoin-backed virtual US dollar accounts, targeting freelancers, remote workers, and businesses across Africa. Why it matters With many African economies struggling with currency depreciation, Hurupay’s solution provides users with a more stable financial alternative, ensuring predictable income and secure cross-border transactions. How it works Founded in 2023, Hurupay operates as a crypto wallet that enables users to hold and transact in stablecoins—digital assets pegged 1:1 to the US dollar. The platform allows users to receive US dollar payments without hidden fees and withdraw funds through crypto exchanges. It aims to support small and medium-sized…
Gold set to end the week up 0.80% despite Friday’s drop. US Retail Sales plunge, fueling US Dollar weakness and lower Treasury yields. Investors price in over one Fed rate cut, boosting bullion’s longer-term appeal. Gold price has fallen below $2,900 on Friday, yet it will end the week with solid gains of over 0.80% as traders book profits ahead of the weekend. Economic data in the United States (US) was mixed, although the Greenback touched yearly lows and US Treasury yields plunged. XAU/USD trades at $2,883, down 1.48% daily. Retail sales in the United States plunged sharply in January,…
