Author: Charlotte

Bitcoins recovery has put the broader crypto market back into a stronger position. BTC is holding above $77,000 and has recently traded near $79,000 after a 23% weekly surge. The current BTC price prediction centers on whether Bitcoin can defend this level and challenge $80,000. For altcoin traders, the answer matters because sustained Bitcoin strength can improve liquidity and confidence across the market, potentially bringing emerging projects such as MemeToro into focus. BTC Price Prediction Points Toward an $80K Test The latest BTC price prediction is built around a significant technical recovery. Bitcoin has moved substantially above its 50-day EMA…

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Mutual fund advisors are recommending gilt funds to ‘aggressive’ or ‘sophisticated’ debt investors as they believe that gilt funds are likely to offer superior returns when the RBI may start cutting interest rates. They say gilt funds have the potential to offer double-digit returns in a falling interest rate scenario.If you want to benefit from a likely fall in interest rates, you may take a close look at gilt mutual funds. However, be forewarned: gilt funds are risky and they are extremely sensitive to changes or likely changes in the interest rate scenario. That is why these schemes are recommended…

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The tax and financial regulatory landscape of non-fungible tokens is rapidly evolving, with the impact of MiCAR  on the horizonThe emergence of cryptocurrencies (fungible tokens) and non-fungible tokens (NFTs) has ushered in a new era of digital assets, presenting unique challenges for legislators and authorities worldwide, including the Netherlands. And the scene is set to develop further once the EU Markets in Crypto Assets Regulation comes into effect. High level Dutch tax developments Guidance relating to NFTs is mainly initiated at EU-level, such as through DAC8 and the recent EU VAT committee working paper on NFTs. DAC8 focuses on the…

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Adherents of the Public Choice school of economic thought accept the neoclassical economist’s erroneous views on monopoly and antitrust laws hook, line, and sinker. They take seriously the perfectly competitive model as a criterion against which to measure the operation of the real-world economy. For them, the desiderata is the number of competitors. But this is highly problematic: how do you determine the contours of an industry? If it only includes car manufacturers, there are but a few of them in any given country, so it is easy to launch the criticism of oligopoly. But why not include trucks? And,…

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JAKARTA – Foreign investors’ stock trading on the Indonesia Stock Exchange on Monday (24/8) closed in a net sell position.Previously, on Friday (21/8), foreign trading in the regular market closed with a net buy worth IDR 992.64 billion. Unfortunately, that figure plummeted to a net sell worth IDR 556.22 billion today.Meanwhile, foreign trading values in the regular market showed mixed movement. Foreign buy value dropped sharply from IDR 4.67 trillion to IDR 3.45 trillion, while foreign sell value rose from IDR 3.68 trillion to IDR 4.01 trillion.Today’s top sell row was led by BBRI, followed by several stocks from the…

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Binance Coin [BNB] is up slightly as the broader crypto market cools off from the previous week’s uptrend. However, whale sentiment is still positive. From a daily outlook, the altcoin remains bullish, with whales borrowing capital to go long. That said, will BNB stay above $700 and become among the strongest altcoins in this recovery? Whale borrows capital on Venus to buy Binance Coin A whale is going long on Binance Coin with more than $8.50 million. As per Lookonchain, the whale bought 8,474 BNB worth around $5.90 million and transferred the tokens to Venus Protocol. The whale used a…

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London equities opened the week firmer, with the FTSE 100 extending a recovery from early-August weakness. Gains were supported by strength in gold, which helped counter falls in BP and heavyweight pharmaceutical stocks. By contrast, large-cap technology continued to lag globally, leaving US-focused benchmarks such as the Nasdaq 100 under pressure as negative sentiment carried from Asian trade into the US session. Moves described as US Treasury market intervention sustained demand for dollar alternatives, keeping rallies in both gold and bitcoin intact into the new week. Attention also remained on Asian tech developments, including Samsung’s shareholder-returns plan and Alibaba’s share…

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