A growing number of athletes are turning to tokenizing their contracts, which are paid in cryptocurrency. One such athlete is Calaxy Co-Founder & Executive Chair Spencer Dinwiddie, a Dallas Mavericks guard, who joins Wealth! to discuss his thought process and outlook on the cryptocurrency market.
"When we look at investing in digital assets as an asset class, I think you need to take a long-term perspective," he tells Yahoo Finan...

The US annual inflation rate increased for the second consecutive month, reaching 2.7% in November 2024, up from 2.6% in October, aligning with forecasts. The rise reflects partially the low base effects from the previous year.
Food costs were up 2.4% compared with one year ago, after increasing by 2.1% YoY last month.
Energy costs decreased by 3.2% YoY, after decreasing by 4.9% YoY in September. Energy prices increased by 2.2% on a MoM base.
Us...

The U.S. dollar traded close to a four-month peak versus major peers on Tuesday, while bitcoin extended its record rally as investors continued to pile into trades seen as benefiting from the incoming Donald Trump administration.
The euro languished near an almost seven-month trough reached overnight, while the yuan wallowed close to a more than three-month low with Europe and China both particular targets of potential Trump ...

With voters flipping key seats in favor of pro-crypto candidates, the crypto community is witnessing a transformative moment that could reshape the regulatory landscape in America.
Former President Donald Trump, now returning to office, has expressed ambitions to make the U.S. the global capital of crypto. His commitment, combined with a Republican majority in the Senate (and possibly the House as too-close-to-call races are settl...

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