The Social Security Administration announced a 2.8% cost-of-living adjustment (COLA) for 2026, raising the average monthly benefit by $56 to about $2,071. However, the increase in Medicare Part B premiums, which rose by $17.90 monthly, reduces the net gain to roughly $38 per month for most retirees. This fixed premium hike disproportionately affects those with lower benefits, consuming a larger share of their COLA. Higher-income retirees may face even bigger premium surcharges due to IRMAA, potentially offsetting their entire COLA increase. Planning around these deductions is crucial as Medicare premiums are expected to rise again in 2027, impacting retirees' budgets significantly.
Virtuals Protocol has introduced customizable tokenized indexes on the Robinhood Chain, allowing users to combine multiple assets into a single token. This innovation enables users to create and manage their own asset baskets and earn fees when other...
US spot Bitcoin ETFs saw net inflows of $107.8 million on Wednesday, while Ethereum ETFs attracted $53.8 million, signaling renewed institutional interest in crypto funds. Since their launch in January 2024, Bitcoin ETFs have accumulated over $51 bil...
Kaia has signed a strategic partnership with Xilo Labs to integrate Mochi, an onchain asset management platform, into Kaia's ecosystem. This collaboration allows users to invest stablecoins into diversified portfolios backed by tokenized real-world a...
Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...
Bitcoin miners are experiencing declining revenue as the network's hash rate and mining difficulty fall, reflecting a shift of miners into AI infrastructure. Despite this stress, miners are accumulating Bitcoin, with reserves increasing by 1%, signal...
