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18.07.25 - 19:30
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Trump Eyes Executive Order To Open Up Retirement Funds To Crypto; Report (ZeroHedge)
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Trump Eyes Executive Order To Open Up Retirement Funds To Crypto; Report
Authored by Stephen Katte via CoinTelegraph.com,
US President Donald Trump is reportedly set to sign an executive order that could allow American 401(k) retirement plans to invest in alternative assets outside of stocks and bonds, such as cryptocurrencies.
The executive order could be signed sometime this week, the Financial Times reported on Thursday, citing three people who have been briefed on the plans.
The new 401(k) investment options could run across a broad spectrum of assets, including digital assets, metals and funds focused on infrastructure deals, corporate takeovers and private loans.
The executive order would instruct Washington regulatory agencies to investigate the best path forward for 401(k) plans to start investing in crypto, and investigate any remaining obstacles to making it a reality, according to the Financial Times.
Bitcoin has outperformed the Nasdaq in annual returns for five out of t...
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18.07.25 - 19:18
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This Penny Stock Just Doubled in a Week, But 1 Hedge Fund Predicts 1,000% Gains (24/7 Wall St.)
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Boom, Bust — and a Surprising Bounce Opendoor Technologies (NASDAQ:OPEN) rode the 2020 SPAC wave to a $15 billion valuation, with its stock peaking at $35 per share. Its iBuying model — using algorithms to buy, renovate, and flip homes — was pitched as a real estate revolution. However, the post-pandemic housing crash crushed it, […]
The post This Penny Stock Just Doubled in a Week, But 1 Hedge Fund Predicts 1,000% Gains appeared first on 24/7 Wall St.....
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18.07.25 - 19:18
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Passive Income of $5,600 Annually Can Be Had From These 5 High-Yield Closed-End Funds (24/7 Wall St.)
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The notion of creating a vehicle for individual investors of modest means to access a mix of securities on an incremental basis goes to the heart of mutual funds. The first US mutual fund on record is the Massachusetts Investors Trust fund, which was founded in 1924. In the subsequent century that followed, mutual funds […]
The post Passive Income of $5,600 Annually Can Be Had From These 5 High-Yield Closed-End Funds appeared first on 24/7 Wall St.....
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18.07.25 - 14:24
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Chess: Rachel Reeves announces £1.5m fund as London ChessFest attracts 20,000 visitors (The Guardian)
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'We are allocating £1.5m to help identify, support and elevate top-tier players'ChessFest in Trafalgar Square attracted more than 20,000 visitors last Sunday, slightly below last year's record 23,000 but still indicating strong public interest. England's grandmasters gave simuls and met amateurs at blitz, living chess was played with professional actors and there was a blindfold exhibition plus a transatlantic prodigy match.Additional ChessFests took place in Portishead and Hull, with a further one scheduled for Liverpool on Sunday. ChessFest was again sponsored by XTX Markets. Continue reading......
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