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Bitcoinist
5d
370
Image Credit: Bitcoinist
Institutions Buy Bitcoin In Record Numbers, But Why Is Price Still Below $111,900 ATH?
- Institutions like BlackRock and Metaplanet are actively accumulating Bitcoin, with BlackRock surpassing 700,000 BTC milestone and currently holding $76.35 billion in assets under management.
- Metaplanet, another institution, has acquired 2,205 BTC for $238.7 million, achieving a BTC yield of 416.6% YTD. Companies like MARA Holdings and ProCap BTC are also expanding their Bitcoin treasuries.
- The Bitcoin price is still below its all-time high (ATH) due to factors such as Trump tariffs affecting the market sentiment and selling pressure from old whales, despite institutional buying pressure.
- Macro factors like Trump's tariffs and selling pressure from old whales are contributing to the Bitcoin price remaining below its ATH. At the time of writing, Bitcoin is trading at around $108,600.
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Forbes
5d
142
Image Credit: Forbes
Trump’s Big Beautiful Bill Adds Private School Tax Credit—Here’s How It Works
- The One Big Beautiful Bill Act signed into law by President Trump includes a provision for a federal tax credit benefiting donations to private schools.
- Eligible taxpayers can donate up to $1,700 to an educational non-profit and receive a dollar-for-dollar tax credit for scholarships at private schools for tuition, boarding, books, and expenses.
- Critics argue that the tax credit program could divert funds from public schools, exacerbating inequalities, with significant potential costs to taxpayers.
- Debate continues on the impact of private school funding compared to public schools, with research suggesting limited long-term academic benefits of attending private schools.
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Forbes
5d
40
Image Credit: Forbes
Amex Centurion Lounge Is Coming to Amsterdam—Here’s What Travelers Can Expect
- American Express is set to open a Centurion Lounge in Amsterdam Airport Schiphol starting in 2026, catering to Amex cardholders traveling through the airport.
- The lounge design will reflect Dutch culture, particularly emphasizing the country's love for coffee and aiming to provide a comfortable and inviting atmosphere for travelers.
- The space will feature a dedicated coffee bar, a local-inspired color palette, art from Dutch artists, and cuisine influenced by Amsterdam's food scene, offering a mix of local dishes and international options.
- Expected amenities include high-speed Wi-Fi, ample seating areas, and signature Amex cocktails, with likely access for Platinum and Centurion cardholders following Amex's guest policies.
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Forbes
5d
252
Image Credit: Forbes
Santander Branch Shutdown Alert: See If Yours Is Closing
- Santander Bank is set to close 18 U.S. branches this summer, affecting about 4.5% of its branch network.
- The closures will primarily impact areas in the Northeast, where Santander has a strong presence.
- Despite the closures, the bank will still operate over 300 branches across the country and focus on digital banking services.
- Santander aims to enhance its digital offerings, invest in online-first services, and introduce modern branch formats like 'counter-free' locations.
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Forbes
5d
199
Image Credit: Forbes
Set Your Teen Up For Success With These Smart Debit And Savings Options
- Setting up teens with a teen-friendly debit card and savings account is a smart way to teach budgeting, saving, and responsible spending.
- Debit cards help teens feel the real weight of spending and understand the value of money.
- Savings accounts teach patience, goal-setting, and the importance of saving versus spending.
- Various teen banking apps allow parents to monitor their activities while letting teens practice good money habits early on.
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Forbes
5d
164
Image Credit: Forbes
Small Business And Gig Workers Score A 23% Tax Break Under New Law
- The One Big Beautiful Bill Act will increase the QBI deduction for pass-through businesses and gig workers from 20% to 23% starting in 2026, with the elevated rate being made permanent.
- The tax break benefits high-income individuals, particularly specified service professionals, while offering less to low- and moderate-income workers.
- Data suggests that the top 1% of taxpayers received a significant portion of the pass-through business income, with high earners benefiting more from the QBI deduction due to higher tax rates.
- Despite the tax break, there is no evidence linking the QBI deduction to increased business market growth, investments, job creation, or higher wages for pass-through business employees.
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Forbes
5d
28
Image Credit: Forbes
Trump Rollbacks Just Made FHA Loans Easier—But Will It Help More Buyers?
- FHA loans see big changes under Trump administration.
- Loosened rules aim to make FHA loans faster, cheaper, and more accessible.
- Changes include easing appraisal standards and streamlining loan processing for buyers.
- Lower interest rates, reduced restrictions, and potential tax deductions make FHA loans appealing.
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Rockpapershotgun
5d
102
Image Credit: Rockpapershotgun
Assassin's Creed 4: Black Flag Steam update sparks more remake speculation, but hold fire, sailor
- Speculation about an Assassin's Creed Black Flag remake has resurfaced due to an update on the game's Steam listing, suggesting new features like 'Adjustable Difficulty' and 'Custom Volume Controls.'
- However, similar updates were also made to other Assassin's Creed games released since 2014, raising doubts about the significance of the Black Flag update in relation to a potential remake.
- Fans and media outlets have been intrigued by the implications of these new features in the Steam update for a possible remake project by Ubisoft.
- Further investigation into the Steam updates of other Assassin's Creed games reveals similar tweaks but some differences, prompting curiosity and queries to Ubisoft for clarification.
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6 Likes
Rockpapershotgun
5d
319
Image Credit: Rockpapershotgun
Lo-Fi Games know you've spent a billion hours with Kenshi, so they're working on making the sequel's discoveries even less predictable
- Lo-Fi Games developers, Chris Hunt and Natalie Mikkelson, discuss Kenshi 2 in a recent video, emphasizing their approach to game design and the sequel's advancements.
- Kenshi 2 will feature a map twice the size of the original game, set 1000 years prior in the same location with new civilizations and factions.
- The developers aim to make Kenshi 2 less predictable to accommodate players spending long hours on the game, focusing on creating unique experiences and challenges.
- Maintaining secrecy around Kenshi 2 development allows Lo-Fi Games to make mistakes, change elements, and preserve the surprise and exploration aspect of the game for players.
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19 Likes
HRKatha
5d
140
Image Credit: HRKatha
Centre rolls out digital service books for all government employees
- The Central government mandates the implementation of digital service books for all ministries and departments, replacing paper-based records.
- Employee data will now be securely stored online through the e-HRMS 2.0 portal, becoming the primary legally valid record.
- The new system aims to streamline employee record-keeping, enhance transparency, accountability, and operational efficiency.
- This digital transformation aligns with the Government's Digital India initiative, accompanying recent reforms benefiting Central government employees and pensioners.
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Forbes
5d
167
Image Credit: Forbes
It’s About To Get Harder To Pay Off Your Student Loans—Here’s What Changed
- President Trump signed a bill making it harder to pay off student loans.
- The bill replaces income-based repayment plans with less equitable options.
- Borrowers will face higher monthly payments and restricted loan forgiveness options.
- Current income-based plans are replaced with less forgiving repayment plans.
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10 Likes
Forbes
5d
286
Image Credit: Forbes
Homeownership Just Got Easier For Millions With Limited Credit History—Here’s Why
- A new rule introduced by Fannie Mae and Freddie Mac allows the use of VantageScore 4.0, a more flexible credit scoring model, enabling millions with limited credit history to qualify for mortgages.
- VantageScore 4.0 requires as little as one account, like a credit card or a collection, to generate a score, making it beneficial for first-time buyers and individuals who primarily pay in cash.
- This change aims to reduce closing costs and expand homeownership access for groups like rural residents, renters, and young buyers with unconventional credit histories.
- VantageScore 4.0 considers nontraditional data like rent and utility payments, excluding medical debt and paid collections, potentially opening up mortgage opportunities for more individuals.
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17 Likes
HRKatha
5d
2.6k
Image Credit: HRKatha
ZS to hire 4,000 globally; strengthens GCC operations in India
- ZS plans to hire 4,000 employees globally with a focus on expanding operations in India.
- India, with nearly 10,000 ZS professionals in six cities, plays a key role in the firm's service offerings.
- ZS sees India as a core innovation center, shifting focus to high-skill services like data science and AI.
- The company promotes its 'GCC-as-a-service' model, aiding firms in setting up centers without overhead management.
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99Bitcoins
5d
49
Is Metaplanet Acquiring A Digital Bank? Japanese Firm Reports Nearly Doubled Trading Volume
- Japanese investment firm Metaplanet aims to acquire 210,000 Bitcoin by 2027, currently holding 15,555 BTC.
- Metaplanet nearly doubled its trading volume in June 2025, reaching ¥91.86 trillion yen.
- CEO Simon Gerovich hinted at the possibility of acquiring a digital bank as part of their bitcoin strategy.
- Metaplanet is committed to accumulating Bitcoin aggressively, with no intention to sell, even considering issuing preferred shares.
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2 Likes
Forbes
5d
364
Image Credit: Forbes
Today’s Top Money Market Account Rates For July 9, 2025 – Rates Hit 4.5%
- The current average money market rate is 0.53%, with the highest rate reaching up to 4.5% as reported by Curinos.
- Money market accounts are interest-bearing deposit accounts that function like savings accounts, with deposits earning interest over time. They are insured by the FDIC for banks and the NCUA for credit unions up to $250,000 per depositor.
- Compared to regular savings accounts, money market accounts generally offer higher interest rates but may require higher minimum deposits and balances to qualify.
- Before opening a money market account, it is advisable to compare options from different institutions, considering factors such as minimum balance requirements, fees, withdrawal limits, and annual percentage yields to select the most suitable option.
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