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Miami Marlins CEO Derek Jeter sells mansion Tampa Bay Buccaneers QB Tom Brady has been renting

[ESPN, Associated Press] TAMPA, Fla. — Former New York Yankees superstar Derek Jeter has sold his waterfront mansion in Tampa for $22.5 million — meaning Tom Brady might be headed to new rental digs. The seven-bedroom, eight-bath estate was sold Friday, said Smith & Associates, the real estate firm that handled the transaction. The firm did not disclose the […]

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Millionaires who favor raising taxes on the rich launch protests in front of Amazon CEO Jeff Bezos’ home on Tax Day

[CNBC, GETTY] The move to blast Bezos in front of his home comes as President Biden and Democratic lawmakers are looking to to raise taxes on corporations and those making over $400,000 in order to pay for $2 trillion infrastructure proposal.Mobile billboards will also make appearances in front of Senate Minority Leader Mitch McConnell’s D.C. […]

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Ethereum Co-Founder Vitalik Buterin Burns 410 Trillion Shiba Inu Tokens. Is The Dogecoin Clone Set For Another Bull Run?

[Benzinga] Ethereum (ETH) co-founder Vitalik Buterin, who was sent 50% of SHIBA INU’s (SHIB) token supply by the founders of the so-called Dogecoin (DOGE) killer coin, has burned a substantial amount of the gift. What Happened: Buterin last week donated 50 trillion SHIB to India Covid Relief Fund, alongside other cryptocurrencies. Buterin — who came into the possession of 505 trillion SHIB tokens last week […]

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Bitcoin tumbles after Musk implies Tesla may sell cryptocurrency

[LA TIMES, BLOOMBERG] Elon Musk continued to whipsaw the price of bitcoin, briefly sending it to the lowest since February after implying in a Twitter exchange Sunday that Tesla Inc. may sell or has sold its cryptocurrency holdings. Bitcoin slid below $45,000 for the first time in almost three months after the billionaire chief executive […]

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Dogecoin rallies on Elon Musk tweet, anticipated Coinbase listing

[CNBC, GETTY] Dogecoin’s price soared as high as 56 cents early Friday, according to Coin Metrics data.Elon Musk tweeted that he was working with dogecoin developers to improve the efficiency of transactions.Crypto exchange Coinbase said it would offer dogecoin support in the next six to eight weeks.Dogecoin soared early Friday after a tweet from supporter Elon Musk, […]

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Binance Faces Probe by U.S. Money-Laundering and Tax Sleuths

[Bloomberg, Getty] Justice Department, IRS seek information about crypto exchangeThe federal agencies haven’t accused Binance of wrongdoingBinance Holdings Ltd. is under investigation by the Justice Department and Internal Revenue Service, ensnaring the world’s biggest cryptocurrency exchange in U.S. efforts to root out illicit activity that’s thrived in the red-hot but mostly unregulated market. As part of […]

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What is the Shiba Inu coin? Experts weigh in on the ‘Dogecoin killer’ hype

[Fortune, Getty] The new cryptocurrency landed on exchanges Binance and OKEx this week. The Dogecoin, a joke cryptocurrency that’s now worth serious money, confronted the threat posed by Elon Musk hosting Saturday Night Live this past weekend, and now it may be facing a challenge from an upstart puppy-themed competitor. TheShiba Inu coin, launched less than a year […]

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Mark Cuban explains why crypto is the future, especially as the world recovers from a generational pandemic

[Business Insider, Getty] Mark Cuban said cryptocurrencies are the future, especially as the world recovers from a pandemic.The billionaire outlined the two reasons why he thinks the country should shift to digital currencies.Cuban is among the high-profile crypto bulls, and is a particularly vocal backer of meme-based dogecoin.  As the cryptocurrency market continues to skyrocket — […]

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Bitcoin, Tesla, Ethereum: When should you take profits on your biggest investing winners?

[Fortune] 5 questions investors should ask about their best-performing investments. From the bottom last March, the S&P 500 went on to have its biggest price gains since 1950, rising nearly 75%.Those gains seem paltry by comparison when looking at a number of individual stocks or cryptocurrencies.Since the market bottomed on March 23, 2020, Tesla is up nearly 750%. Wayfair has risen […]

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5 red flags that can trigger a tax audit from the IRS

[Yahoo! Finance, Getty] Of the millions of taxpayers who filed their 2020 taxes, a handful of unlucky ones may have their returns singled out by the Internal Revenue Service for an audit. It’s not terribly likely. In the 2019 fiscal year, only 0.45% of the individual tax returns were audited, according to agency data, a rate […]

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