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    My sons will each inherit $500K laundromats from their grandparents. How do we keep their spouses out of it?

    “The businesses each have two employees who manage the day-to-day operations.” Source link

    $14B Monthly Bitcoin Options Expiry Puts A Cap On BTC Price

    Key takeaways:Friday’s $14 billion BTC options expiry favors neutral-to-bearish bets as most call (buy) strikes sit above $91,000, increasing pressure on bulls.Bitcoin traders...

    Compression eases capital, risk bottlenecks amid CNH swap boom

    Dealers say that the introduction of multilateral compression for US dollar/CNH cross-currency swaps at Hong Kong Exchanges and Clearing OTC Clear will help to...

    Acting Chairman Caroline D. Pham Seeks Nominations for CFTC CEO Innovation Council by December 8

    WASHINGTON — Commodity Futures Trading Commission Acting Chairman Caroline D. Pham is seeking nominations for the CFTC CEO Innovation Council. The deadline for...

    I’m 32 and I haven’t driven in a decade. Will my car insurance be astronomical?

    “Is there any way I can reduce my insurance rate, or do I just need to suck it up?” Source link

    21Shares Taps Standard Chartered for Crypto Custody

    Major bank Standard Chartered announced fund manager 21Shares has selected it as its digital asset custodian, potentially moving away from a crypto-native partner.According...

    They bet everything on Palantir and became millionaires. Inside the market’s ultimate cult stock.

    ‘If I was wrong about Palantir, I would have nothing’: Palentir speculators buy corporate swag, post on Reddit and pitch their parents on...

    Pump.fun Co-Founder Rejects $436M Cash-Out Reports

    Pseudonymous Pump.fun co-founder Sapijiju rejected claims that the project cashed out more than $436 million in stablecoins, calling the allegations “complete misinformation” from...

    Inside Safran’s $54bn FX options book

    The largest counterparties for complex foreign exchange options are typically the leading multi-strategy and macro hedge funds that place big bets on the...

    Alphabet’s stock rises as possible Meta chip deal highlights new twist in the AI trade

    Meta reportedly is considering using Alphabet’s custom chips for its data centers. Nvidia and AMD shares are falling on the prospect of more...

    Upbit Plans Nasdaq IPO After Naver Merger: Report

    Dunamu, the parent company of South Korean crypto exchange Upbit, is reportedly looking to debut in the US after it finalizes its merger...

    ‘I regret not buying’: I’m 59 and pay $2,300 rent. Is it too late to dip into my IRA to buy a home?

    “Our retirement funds include $2.5 million in a traditional IRA and $250,000 in a Roth IRA.” Source link

    Revolut Hits $75B Valuation Following Share Sale, Global Push

    Neobank Revolut has completed a share sale that values the company at $75 billion, placing it among the world’s most valuable fintechs. The funding...

    Meta’s stock finds a new defender, who predicts 30% upside from here

    A BNP analyst says Meta’s AI spending is necessary from a competitive standpoint — and will eventually pay off. Source link

    Did Bitcoin bottom? Arthur Hayes Thinks $80,000 Will Hold

    Key points:Bitcoin should have bottomed out at $80,000 last week, according to former BitMEX CEO Arthur Hayes.Liquidity conditions are poised to turn in...

    Why Morgan Stanley’s Mike Wilson is doubling down on his buy-the-dip advice for stock investors

    Earnings per share revisions breadth continues to reinforce Morgan Stanley’s medium-term conviction in stock markets. Source link