Forwarded from The Finance Journal
Steven Roth, head of Vornado Realty Trust, slammed Zohran Mamdani after the mayoral candidate proposed higher taxes on luxury second homes worth over $5 million in New York City.
During an earnings call, Roth argued that phrases like “tax the rich” promote hatred toward wealthy people in the same way racial slurs target minorities. He said billionaires and rich business owners represent the “American dream,” create jobs, donate heavily to charity, and should be “praised and thanked” rather than vilified.
Mamdani’s proposal and a campaign video promoting it, quickly triggered backlash from major business figures and property developers.
@TheFinanceJournal
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Tom Lee in 2019 on Bitcoin: "We think the best approach for most people is to put 1% maybe 2% into BTC."
CNBC: "I still think that's CRAZY."
Morgan Stanley 2026: "We recommend 7% allocation into BTC."
@headlines
CNBC: "I still think that's CRAZY."
Morgan Stanley 2026: "We recommend 7% allocation into BTC."
@headlines
📈LATEST: Odds of the CLARITY Act being signed into law in 2026 have jumped to 74%, up from 45% just two weeks ago.
@headlines
@headlines
🚨JUST IN: CME Group has set June 1 as the launch date for Bitcoin Volatility futures, pending CFTC review.
The $BVI contract would be the first CFTC-regulated US Bitcoin volatility derivative ever listed, allowing traders to hedge bitcoin:native's price swings WITHOUT taking directional exposure.
Each contract will be sized at $500 × the CME CF Bitcoin Volatility Index.
@headlines
The $BVI contract would be the first CFTC-regulated US Bitcoin volatility derivative ever listed, allowing traders to hedge bitcoin:native's price swings WITHOUT taking directional exposure.
Each contract will be sized at $500 × the CME CF Bitcoin Volatility Index.
@headlines
⚠️BITCOIN MAY BE OUT OF TIME BEFORE QUANTUM ATTACKS BEGIN: REPORT
A new report says “Q-Day” could arrive as early as 2030, while moving Bitcoin to post-quantum security could take a decade.
The report warns over $3T in crypto assets secured by elliptic curve cryptography could become vulnerable to quantum attacks within 4 to 7 years.
Meanwhile, migration could take 5 to 10+ years, with Bitcoin requiring coordinated action across users, exchanges, custodians and miners.
@headlines
A new report says “Q-Day” could arrive as early as 2030, while moving Bitcoin to post-quantum security could take a decade.
The report warns over $3T in crypto assets secured by elliptic curve cryptography could become vulnerable to quantum attacks within 4 to 7 years.
Meanwhile, migration could take 5 to 10+ years, with Bitcoin requiring coordinated action across users, exchanges, custodians and miners.
@headlines
🚨JPMORGAN AMONG OTHERS TO USE XRP LEDGER FOR TOKENIZED TREASURYS
JPMorgan, Ripple, Mastercard and Ondo completed a cross-border redemption of tokenized US Treasuries on the XRP Ledger.
The tokenized asset moved on public blockchain rails, while the dollar payout still settled through bank infrastructure.
@headlines
JPMorgan, Ripple, Mastercard and Ondo completed a cross-border redemption of tokenized US Treasuries on the XRP Ledger.
The tokenized asset moved on public blockchain rails, while the dollar payout still settled through bank infrastructure.
@headlines