News with the tag "wealth"

Imagine a world where your wealth manager isn’t just talking stocks and bonds, but also strategizing around Bitcoin and Ethereum. Well, that future is rapidly becoming our present! A recent survey has dropped a bombshell in the traditional finance world, signaling a seismic shift in how wealth is ma...

The Reserve Bank of Australia (RBA) announced it had cut interest rates by 25 basis points to 4.10%. This is the first easing since November 2020, when the central bank cut rates while grappling with the pandemic’s economic slowdown. Australia’s central bank announced it cut rates for the first time...

In a move that has sent ripples of excitement through the cryptocurrency world, the Abu Dhabi Investment Authority (ADIA), one of the world’s largest sovereign wealth funds, has made a significant foray into the digital asset space. This isn’t just another headline; it’s a seismic shift indicating g...

Billionaire venture capitalist Chamath Palihapitiya says the US government can get its federal sovereign wealth fund up and running by leveraging its Bitcoin ( BTC ) holdings. On Monday, President Donald Trump signed an executive order for the Treasury and Commerce Departments to create a fund desig...

Digital Wealth Partners, a prominent wealth management firm, has made a landmark move for digital asset adoption. Announced in a recent X post, the firm has completed a seven-figure loan using Ripple’s associated token, XRP, as collateral. This development represents a significant step toward bridgi...

A massive impending wealth transfer will send trillions of dollars in home equity from Baby Boomers to their children, according to a new report from Freddie Mac. The US government-sponsored mortgage loan corporation says $17 trillion of home equity is about to be handed over to the children of thos...

A distressing financial ordeal has unfolded as a young Australian couple, Elli Houston (21) and Trae Murphy (23), alleges that tens of thousands of dollars mysteriously vanished from their Commonwealth Bank account. The couple initiated a substantial AUD 90,000 transfer, equivalent to approximately ...

Australian investing and finance educator Scott Pape, known as the “Barefoot Investor,” has broken down the secrets behind WhatsApp group crypto scams targeting Facebook users.

More than $100 trillion dollars will be handed down to heirs over the next couple of decades as the pace of the Great Wealth Transfer accelerates, according to a new report. The research firm Cerulli Associates says $105 trillion will be passed on to heirs by 2048, while charities will receive $18 t...

Even above $100,000, Bitcoin offers a revolutionary platform for financial inclusion, particularly in developing regions with no banking infrastructure.