内容摘要：Morgan Stanley Tactical Value remains Avelo’s largest shareholder. Cahill, who has been with Morgan Stanley since 1990, has not publicly commented on the deal. He did not respond to Al Jazeera’s request for comment. Morgan Stanley declined to comment.

Morgan Stanley Tactical Value remains Avelo’s largest shareholder. Cahill, who has been with Morgan Stanley since 1990, has not publicly commented on the deal. He did not respond to Al Jazeera’s request for comment. Morgan Stanley declined to comment.

The most recent rally in Bitcoin is largely prompted by investor optimism over a more crypto-friendly administration and proposed regulatory changes to reduce barriers to entry in the crypto asset markets.Unlike fiat currencies, Bitcoin’s maximum supply is 21 million coins. Because of this, the White House has stated “there is a strategic advantage to being among the first nations to create a strategic Bitcoin reserve.”

What if Bitcoin were a country?With Bitcoin priced at $110,000 and a circulating supply of approximately 19.87m BTC, its market capitalisation stands at roughly $2.18 trillion.If Bitcoin were a country, it would be a major economic powerhouse, ranking roughly in the top 10 worldwide by gross domestic product (GDP) size, roughly on par with countries like Brazil ($2.17 trillion), Canada ($2.14 trillion) or Russia ($2.02 trillion).

What are the regulations and ethics on government officials’ involvement in crypto?Just before taking office, Trump launched the $TRUMP meme coin at a Crypto Ball held in Washington, DC. Meme coins are often created as a joke and are susceptible to volatile price movements, however, Trump’s coin has allowed top investors access to him.

Last week, President Trump hosted top investors for a cryptocurrency project at his luxury golf course in Northern Virginia. It’s estimated investors spent $148m on the $TRUMP coin to secure their seats at the dinner, with the top 25 spending more than $111m, according to crypto intelligence firm Inca Digital, the Reuters news agency reported.

While the White House insisted Trump would be attending the event “in his personal time”, he spoke at the event behind a podium marked with the presidential seal.Major universities could fall under the highest tax slab.

In the 2024 fiscal year, Harvard University’s total endowment was worth approximately $53.2bn – the largest of any university. There are 24,596 students at Harvard, which means the per-student endowment is $2.16m. That means it will have to pay a 21 percent tax if the bill becomes law.Yale University’s endowment is valued at $41bn and the university has 15,490 students, bringing the per-student endowment to about $2.7m. While the institute currently pays the 1.4 percent tax, it too will have to pay a 21 percent tax if the bill becomes law.

Likewise, Stanford’s endowment is $36.5bn and it has 17,529 students, making the per-student endowment about $2.1m. While the institute currently pays the 1.4 percent tax, it will have to pay a 21 percent tax if the bill becomes law.By contrast, University of Pennsylvania’s total endowment was $22.3bn as of June 2024 and the institute has 24,219 full-time students, making the per-student endowment $920,764. While the institute currently pays the 1.4 percent tax, it will have to pay a 7 percent tax if the bill becomes law.