The U.S. Dollar Index fell 0.32%, closing at 98.287

2025-12-252025-12-23 by admin

ChainCatcher reports, according to Jinshi, the U.S. Dollar Index, which measures the dollar against six major currencies, fell 0.32% on December 22, closing at 98.287 in late trading. 1 euro exchanged for 1.1755 U.S. dollars, up from 1.1724 the previous trading day; 1 British pound exchanged for 1.3458 U.S. dollars, up from 1.3391 the previous trading day; 1 U.S. dollar exchanged for 156.92 Japanese yen, down from 157.51 the previous trading day; 1 U.S. dollar exchanged for 0.7918 Swiss francs, down from 0.7946 the previous trading day; 1 U.S. dollar exchanged for 1.3747 Canadian dollars, down from 1.3786 the previous trading day; 1 U.S. dollar exchanged for 9.2396 Swedish kronor, down from 9.2556 the previous trading day.

BlockBeats News, December 29 – According to a report by Cointelegraph, a proposal in California to impose a 5% tax on billionaires' wealth has faced strong opposition from cryptocurrency executives. They argue that it would trigger an exodus of entrepreneurs, capital flight, and ultimately be wasted regardless.The proposal, named the '2026 Billionaire Tax Act,' aims to introduce a ballot measure that would levy a 5% tax on individuals or entities with a net worth exceeding $1 billion to fund healthcare systems and state assistance programs. According to SEIU United Healthcare Workers West, because this proposed wealth tax partially targets unrealized gains, some billionaires may need to sell stocks or parts of their businesses to raise funds for tax payments. The tax can be paid in a lump sum or spread over five years with interest.Industry veterans in the cryptocurrency sector, including Bitwise CEO Hunter Horsley and Kraken co-founder Jesse Powell, believe that this measure would only lead to billionaires leaving the state, resulting in negative consequences.