‘Infinite Money Glitch’ Putting MicroStrategy at Risk of Liquidation, According to BitMEX Research

Michael Saylor and MicroStrategy’s system of issuing bonds to buy Bitcoin (BTC) comes with substantial risk, according to BitMEX Research. In a new report, BitMEX comments on the business intelligence firm’s massive corporate holding of Bitcoin, which it has largely accumulated by issuing debt. While a forced liquidation is “highly unlikely,” BitMEX notes that Bitcoin is still extremely volatile and that anything can happen. BitMEX says MicroStrategy has five outstanding

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Top 5 Altcoins to Buy in November for Building a $2 Million Portfolio

Identifying top altcoins to buy in a bull market can be daunting, especially because everything is rising, making it difficult to differentiate legitimate coins from rug pulls. In November 2024, five standout altcoins have shown exceptional potential, making them prime candidates for investors to diversify and build a $2 million portfolio. Top 5 Altcoins to Buy in November Here are the five altcoins to buy in November for building a

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Expert Hints Polygon to Rally 3050%

MATIC price recovery stalled at $0.4150 on Monday, November 18 as it continued to underperform its top peers like Cardano and Solana. It has rallied by just 45% from its lowest point this month as some analysts predict a potential Polygon breakout, with one expecting a 3,050% surge to $12.66. MATIC Price Prediction: Analyst Sees A Big Surge Ahead MATIC Price Chart Analyst Forecast by Crypto Town Hall Polygon, one

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I Have $1.6 Million. Does It Make Sense to Convert $160k Per Year to a Roth IRA at Age 62 to Avoid RMDs in Retirement?

Converting your 401(k) to a Roth portfolio will allow you to entirely avoid RMDs. This is a legitimate form of tax planning. However, often there’s a difference between whether you can do something and whether you should; whether it’s allowed, and whether it’s in your long-term best interest. For example, say that you’re 62 years old. You have $1.6 million in a 401(k). If you convert this portfolio to a

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Hundreds of Honduran villages cut off by rain

Reuters Many roads and bridges became impassable after days of rain Torrential rain caused by Tropical Storm Sara has cut off more than 1,700 communities in Honduras. The slow-moving storm caused widespread flooding across the Central American nation. So far, Honduran officials have confirmed only one death but said that more than 110,000 people had been affected by the storm. Forecasters say Sara is likely to further weaken on Monday

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US-UAE climate-friendly farming partnership grows to $29 billion By Reuters

By Leah Douglas (Reuters) – Funding for a climate-friendly farming effort led by the U.S. and United Arab Emirates has reached $29.2 billion, the countries announced on Monday at the COP29 climate summit in Baku. The Agriculture Innovation Mission for Climate (AIM for Climate) was launched in 2021. Under the program, governments, companies, and non-government organizations pledge funding for projects to reduce the climate impact of agriculture and to make

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Project Liberty Joins SOAR to Challenge Centralized Social Media Giants With AI, Decentralized Data

Since establishing the Frequency blockchain, Project Liberty has recruited 1.3 million users. SOAR’s Family and Citizens will bring tens of millions more in the future, as people look for alternatives to existing all-powerful social media platforms, said Tomicah Tillemann, Project Liberty’s president. As well as bringing decentralization it’s a chance “to do AI right,” he said. Source link

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