BlackRock’s iShares Bitcoin Trust (IBIT) set a record by attracting $520 million in a single day, highlighting a growing interest that has pushed Bitcoin’s price higher. This influx represents the largest daily gain for U.S. ETFs directly investing in Bitcoin. It also stands as the second-highest daily gain for any U.S. ETF, Bloomberg reports. The […]
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Brazil’s New Tax Strategy: A Closer Look
Brazil’s Finance Minister, Fernando Haddad, introduced today a tax plan to improve the nation’s economy. This new strategy aims to replace an outdated approach, signaling the government’s commitment to economic reform. Despite this, it has sparked diverse reactions, highlighting the plan’s complex nature. The proposal suggests ending some tax breaks for small towns and businesses. […]