(Kitco News) – After posting dramatic declines late last week and through the weekend, the cryptocurrency market continued its downward trajectory on Monday. Bitcoin (BTC) did manage to hold key support around $62k over the weekend, but after bulls managed to push King Crypto close to $67k by 6 am EDT, they ran out of
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Lawmakers from Maryland, including the state’s sole Republican representative introduced legislation in Congress to ensure the federal government foots the bill for reconstruction of the Francis Scott Key Bridge in Baltimore. Legislation was introduced in both chambers of Congress on Thursday to allow the federal government to fully fund the replacement of the collapsed bridge.
Việt Nam needs a legal framework to manage cryptocurrency. — AFP/VNA Photo HÀ NỘI — Cryptocurrency will not be banned in Việt Nam but it is necessary to develop a legal framework to ensure its on-track development and prevent risks, a representative from the Ministry of
SPOKANE, Wash. – Mayor Lisa Brown has proposed a property tax hike to fund public safety programs. However, not all city leaders agree that the increase is necessary. Mayor Brown spoke at City Hall on Friday morning and said that Levy would raise nearly $40 million for the city over the next five years. This
The Biden administration is canceling even more student debt. On Friday, the White House announced that an additional 277,000 borrowers will see their student loans eliminated, amounting to about $7.4 billion in forgiven debt. Those borrowers qualified for that relief because they were enrolled in one of the loan repayment or forgiveness programs the administration
WASHINGTON — The Biden administration is canceling student loans for another 206,000 borrowers as part of a new repayment plan that offers a faster route to forgiveness. The Education Department announced the latest round of cancellations Friday in an update on the progress of its SAVE Plan. More people are becoming eligible for student loan
BRAZIL —Millions of dollars will be spread throughout Elkhart County and neighboring counties with the issuance of Community Crossings grants. Gov. Eric J. Holcomb and the Indiana Department of Transportation gathered Wednesday at the Clay County Courthouse with cities, towns, and counties from across Indiana receiving portions of the $207 million awarded through the Community
(Kitco News) – The gold market is not paying attention to U.S. inflation or U.S. interest rates as investors aren’t worried about opportunity costs in a world with unprecedented geopolitical and economic uncertainty, according to one market strategist. Thursday, in an interview with Kitco News, Kristina Hooper, chief investment strategist at Invesco, said that despite
Germany’s finance minister on Thursday stood firm against new common EU borrowing amid calls for the bloc to club together as it did after the Covid pandemic to fund a defence overhaul. Faced with Russia’s war on Ukraine, there have been growing calls for the 27-nation EU to pool its economic might to help revamp