FINANCE

Jan 07 2025FINANCE

Crypto Markets Kick Off 2025 with a Bang, Bitcoin Soars

As the new year begins, cryptocurrencies like Bitcoin are making a comeback. Bitcoin's price has jumped to $96, 711. 71, a 2% increase from the previous day. This means Bitcoin has gained about 3% since the start of the year. The CoinDesk 20 index, which tracks the broader crypto market, also saw a

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Jan 07 2025FINANCE

How ESG Rating Conflicts Affect Bank Loans in China

In China, companies are increasingly concerned with their Environmental, Social, and Governance (ESG) ratings. But when different agencies have conflicting ratings, it can become a barrier for these companies to get loans from banks. From 2014 to 2022, researchers studied Chinese listed firms to see

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Jan 06 2025FINANCE

Will BRICS Markets Be Equally Affected by Trump's Policies?

Political leaders often influence stock markets, as seen with the recent US presidential election. The victory of Republican Donald Trump has caused uncertainty, making investors wonder how BRICS (Brazil, Russia, India, China, and South Africa) stock markets will be impacted. A study used two method

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Jan 06 2025FINANCE

2025: Investors Eye Earnings and Jobs

The new year has kicked off, and investors are eager to see how things shape up. With Donald Trump becoming the 47th U. S. President, the financial scene is expected to shift. Both stock and crypto markets might feel the impact. First, let's talk about the markets. The New York Stock Exchange and N

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Jan 06 2025FINANCE

Volatility Links: Crypto and Traditional Markets

Ever wondered how cryptocurrencies like Bitcoin and Ethereum relate to gold, oil, and stock prices? This study examined five major cryptocurrencies and their connection to these traditional markets. A special method called 'cross-quantilogram' and 'quantile connectedness' was used to see how these m

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Jan 06 2025FINANCE

Risk in the Crypto World: How Much Buffer Do We Need?

Ever since digital currencies like Bitcoin and Ethereum started gaining traction with investors, a big question has been on everyone's mind: how risky are these investments? To answer that, we took a close look at two key metrics: Value-at-Risk (VaR) and Expected Shortfall (ES). These measures help

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Jan 05 2025FINANCE

Tax Deadlines Extended for Disaster Areas

The Internal Revenue Service (IRS) has given some taxpayers a little more time to file their returns. If you live in one of 14 states hit by severe weather or natural disasters, you might be eligible for an extension. This includes folks in Louisiana, Vermont, Puerto Rico, and the Virgin Islands, as

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Jan 05 2025FINANCE

Lucky Numbers Hit but Jackpot Still Up for Grabs!

Guess what happened on Friday, January 3, 2025? The Mega Millions drawing took place, but nobody snagged the massive $42 million jackpot. Nevertheless, Ohio was buzzing with excitement as thousands of folks won smaller prizes. Let's check out who got lucky in the Buckeye State! First off, there wer

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Jan 03 2025FINANCE

Taxes and Trade: A Pacific Island Shift

From 2010 to 2021, a bunch of Pacific Island countries saw changes in their taxes. We looked at how less trade rules affected tax money from trade. As these islands got more open to trade, they collected less money from trade taxes and direct income taxes. Interestingly, they started collecting more

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Jan 02 2025FINANCE

Crypto and Meme Stocks Boom on the First Trading Day of 2025

As 2025 trading kicked off, the market was buzzing with speculation. Stocks linked to cryptocurrencies, like bitcoin, took a leap forward. Bitcoin's price climbed over $96, 000, causing related stocks to surge. Microstrategy, for instance, added 3% to its already massive 360% gain from 2024. Other c

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