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(Bloomberg) — In this year’s hotly contested race for New Jersey governor, some Democratic hopefuls are embracing a strategy that helped propel Republican Donald Trump back to the White House: They support crypto, and they’re not afraid to say it. Most Read from Bloomberg At least half of the six candidates vying for the Democratic nomination have a history of backing efforts around cryptocurrencies, including US Representative Mikie Sherrill, who leads some polls in the primary race. Two others — Jersey City Mayor Steve Fulop and US Representative Josh Gottheimer — are actively talking up digital assets as part of…

Skynesher | E+ | Getty ImagesExpected student loan interest rates for 2025-2026The interest rate on federal direct undergraduate loans could be 6.39% in the 2025-2026 academic year, estimates Kantrowitz. The undergraduate rate for the 2024-2025 year is 6.53%.At those new undergraduate rates, every $10,000 a family borrowed would lead to a $113 monthly student loan payment after graduation, assuming the student enrolled in a standard 10-year repayment plan. With interest, the borrower would repay $13,559.87 over that decade.For graduate students, loans will likely come with an 7.94% interest rate, compared with the current 8.08%, Kantrowitz finds.PLUS loans for graduate students…

This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Crypto bears might want to closely watch bitcoin’s (BTC) recent chart patterns, which mirror those that preceded the late 2024 rally from $70,000 to $109,000. The first pattern involves the weekly chart’s Moving Average Convergence Divergence (MACD) histogram, a momentum indicator used to identify trend changes and reversals. MACD crossovers above or below the zero line typically signal bullish or bearish shifts in momentum. However, traders interpret these signals in context with price action. A bearish crossover, for example, needs validation through weakening prices; otherwise,…

WASHINGTON, DC – APRIL 02: U.S. President Donald Trump holds up a copy of a 2025 National Trade … More Estimate Report as he speaks during a “Make America Wealthy Again” trade announcement event in the Rose Garden at the White House on April 2, 2025 in Washington, DC. Touting the event as “Liberation Day”, Trump is expected to announce additional tariffs targeting goods imported to the U.S. (Photo by Chip Somodevilla/Getty Images)Getty Images There’s a stark difference between recently positive economic news, and what forecasts, including President Donald Trump’s own suggestion, say about tariffs. April’s jobs report was strong,…

On April 21, 2025, Upexi stock surged more than 850% after GSR, a crypto trading firm, announced a $100 million private investment in public equity into the company. Upexi finalized the private placement by selling 43.86 million shares of common stock at $2.82 per share. The investment is aimed at expanding Upexi’s presence in the crypto sector, with a particular focus on Solana. Here’s what Upexi’s stock jump means for crypto investors, particularly those interested in Solana. Check Out: 13 Cheap Cryptocurrencies With the Highest Potential Upside for You Read Next: The New Retirement Problem Boomers Are Facing Upexi’s announcement…

The Pakistan Cricket Board (PCB) confirmed on Wednesday that the HBL Pakistan Super League 2025 will continue as per schedule, amid escalating regional tensions. The statement comes hours after the Pakistani military brought down five Indian jets in retaliation for late-night strikes launched by the neighbouring country at six sites in Punjab and Azad Jammu and Kashmir. “HBL Pakistan Super League X will continue as planned with Islamabad United set to take on Quetta Gladiators later today at the Rawalpindi Cricket Stadium,” the PCB said in a press release issued on Wednesday morning. The statement added that the toss for…

It’s Fed day again, and traders are seeking cues on how much volatility this key event might spark. According to Volmex’s implied volatility indices, major tokens could see price swings, but nothing out of the ordinary is anticipated. According to data source TradingView, Volmex’s annualized one-day bitcoin implied volatility index (BVIV) stood at 49% as of writing, which equates to an expected 24-hour price swing of 2.56%. In other words, bitcoin (BTC) could swing by $2,470 in either direction. As of writing, bitcoin changed hands at around $96,500. The expected daily volatility in percentage terms is determined by dividing the…

Bitcoin surged above $97,000 late Tuesday, then slid to $96,500 in Asian hours Wednesday as India conducted airstrikes in parts of Pakistan to intensify tensions from the past few weeks. A planned meeting to discuss U.S. and China tariffs sent risk assets higher in the hours since the U.S. stock market closed on Wednesday, as reported, but those gains reversed as news of India’s “Operation Sindoor” emerged in the early hours. Traders expect to see more volatility in the days ahead as the regional tussles further damage risk-taking sentiment among traders, though eventually leading to a move higher as bitcoin…

A traffic light is red outside the U.S. Internal Revenue Service building in Washington, D.C., on Feb. 20, 2025.Kent Nishimura | ReutersThe IRS has lost nearly one-third of tax auditors amid sweeping cuts from Elon Musk’s Department of Government Efficiency, a watchdog report found.As of March 2025, the agency’s workforce had fallen by more than 11,000 employees, or 11%, due to probationary terminations and the deferred resignation program, according to a May 2 report from the Treasury Inspector General for Tax Administration.The percentage of separated employees was significantly higher for certain departments — including so-called “revenue agents,” who conduct audits…

The supply of Bitcoin available for purchase is tighter than it looks. Institutional investors and major businesses are loading up on the crypto. Some crypto industry executives are forecasting stunning price gains. 10 stocks we like better than Bitcoin › Bitcoin (CRYPTO: BTC) doesn’t need to reinvent itself to get to $1 million, it just needs to continue getting scarcer than it is today, when its price is near $95,000 per coin. If investors and institutions keep showing up with new capital while new supply continues to be harder to come by, its price is more likely to go up…