The vast majority of global family offices do not hold cryptocurrency in their portfolios, according to JPMorgan Private Bank’s 2026 Global Family Office Report. Despite the pervasive sense of geopolitical risks, highlighted in the bank’s wealth report, the appetite for traditional and emerging hedges remains limited: 72% of global family offices have no gold exposure, and 89% have no exposure to cryptocurrencies, the report stated. In light of the latest bloodbath that enveloped crypto markets this pas ...

For the average middle-class investor, crypto’s wild price swings and lack of safety nets can not only dent a portfolio, but they can also derail an entire financial future. Advisors say cryptocurrency actively undermines financial plans if you don’t have a wealth buffer to protect you. Here’s why experts urge middle-income clients to avoid crypto altogether, and what to focus on instead. Crypto Doesn’t Belong in the Average Household’s Financial Plan To put it bluntly, “Crypto investments are fundamen ...

A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.Strong stock market returns and tax reform gave a boost to charitable giving in 2025, according to DAFgiving360, one of the largest administrators of donor-advised funds. The organization reported that its donors granted a record $9.9 billion to charities in 2025, an increase of $2.2 billion, or 2 ...

Core Viewpoint - President Trump's new tariff threats against European nations, linked to his desire to acquire Greenland, are driving investors towards safe-haven assets like gold while pushing them away from riskier investments such as cryptocurrencies [1]. Group 1: Tariff Announcement - Trump announced additional tariffs of 10% on goods from eight European nations starting February 1, which include Denmark, Finland, France, Germany, the Netherlands, Norway, Sweden, and the United Kingdom [1]. - The tariffs are set to increase to 25% on June 1 and will remain until a deal for the complete purchase of Greenland is reached [1]. - Existing tariffs include a 10% tariff on goods from the United Kingdom and a 15% tariff on goods from the other mentioned countries, which means the new tariffs could raise the total levies to at least 25% next month and 40% in June [1]. Group 2: Strategic Importance of Greenland - Trump's rationale for acquiring Greenland is its strategic national security importance, as it lies between North America and Russia [1]. - Greenland is also noted for its vast mineral deposits and other natural resources, which hold significant market value [1]. Group 3: Market Reactions - The announcement has led to a surge in gold prices as investors seek safe-haven assets amid the uncertainty created by the tariff threats [1]. - Conversely, cryptocurrencies like Bitcoin are experiencing a decline as investors move away from riskier assets [1].

Group 1 - A group of individuals was arrested for using electronic means to commit property appropriation, specifically through a cryptocurrency scam [1][4] - The scam involved creating a fake trading platform that impersonated the legitimate Nasdaq exchange, misleading victims into investing [2][4] - The group utilized social media platforms like Zalo and Telegram to simulate trading activity and falsely report profits to attract investors [5] Group 2 - Preliminary investigations revealed that the scam operation was organized in Cambodia, with Vietnamese nationals recruited to execute various roles [4] - The total amount swindled from victims is estimated at VND14 billion, with significant losses reported by individual victims [5] - Law enforcement seized substantial evidence during a raid, including cash, electronic devices, and fraudulent materials [6]

A Southern Utah man was sentenced to three years in federal prison for wire fraud prosecutors said cost investors millions of dollars and involved converting bulk cash into cryptocurrency through an unlicensed money transmitting business. “The FBI will continue to put victims first by holding offenders accountable and pursuing those who misuse cryptocurrency and unlicensed financial services to exploit others,” said Special Agent in Charge Robert Bohls of the Salt Lake City FBI. His statement comes days ...

Core Viewpoint - Florida is moving forward with legislative efforts to establish a Bitcoin reserve, aiming to create a cryptocurrency fund managed by the state's chief financial officer with an advisory committee's support [1][2]. Group 1: Legislative Details - State Sen. Joe Gruters and Rep. John Snyder have introduced bills to create a Florida Bitcoin reserve, which would specifically focus on Bitcoin as it meets the market capitalization requirement of at least $500 billion over the past 24 months [2]. - The proposed bills include custody and reporting requirements, mandating the use of institutional custody services, external audits, and biennial reports [2]. - Unlike previous legislative attempts, the new bills do not set a minimum limit on state funds that can be invested in cryptocurrencies, making them narrower in scope compared to a prior bill by Rep. Webster Barnaby [3]. Group 2: Economic Context - The recent bills position cryptocurrencies as a potential hedge against inflation and suggest that the reserve could better prepare the state for the future digital economy [3]. - The bills need to pass through two committees and both chambers to become law, with a favorable outlook given Gov. Ron DeSantis's pro-cryptocurrency stance [5].

Core Insights - Michael Saylor's strategy resulted in a $17.44 billion unrealized loss on digital assets in the fourth quarter, attributed to a decline in the value of the company's cryptocurrency holdings [1] Summary by Category - **Financial Performance** - The company reported an unrealized loss of $17.44 billion related to its digital assets in the fourth quarter [1]

Core Insights - Timing is a crucial factor in trading success, particularly in the volatile cryptocurrency market, which reached a market cap of over $3 trillion a year ago [1][2] Group 1: Best Times to Buy Cryptocurrency - It is advisable not to wait until Friday to buy cryptocurrency, as prices generally start low on Monday and rise throughout the week, with a drop over the weekend [3] - The end of the month is considered the best time to buy crypto, as prices typically rise in the first weeks of the month and then fall towards the end [4] Group 2: Market Volatility and External Influences - The cryptocurrency market is known for its extreme volatility, and investors should be aware of their risk tolerance before entering the market [5] - Traditional stock market activities can influence cryptocurrency trading, suggesting that investors should pay attention to stock market trends [5]

Core Insights - Understanding cryptocurrency taxation is crucial for anyone involved in buying, selling, or trading digital assets [1] Taxation on Cryptocurrency Transactions - Taxes are owed when cryptocurrency is sold for more than its purchase price or when one digital asset is exchanged for another, such as converting bitcoin to ethereum [2] - Tax reporting occurs in the year the transaction takes place, with the tax owed based on the holding period of the asset [3][4] Capital Gains Tax Rates - Short-term capital gains tax applies to assets held for one year or less, taxed at ordinary income rates ranging from 10% to 37% [5] - Long-term capital gains tax applies to assets held for more than one year, with rates of 0%, 15%, or 20% depending on taxable income and filing status [6] Tax Deductions for Losses - Capital losses can offset capital gains up to $3,000 per year, with excess losses carried forward to future tax years [8][10] - Unrealized losses do not count for tax deductions, and losses must be realized through the sale of the asset [11] Non-Taxable Situations - Certain actions do not trigger tax liabilities, such as holding crypto without selling, transferring between personal wallets, purchasing crypto with U.S. dollars, receiving crypto as a gift, or donating to charity [12][17] Reporting Requirements - Starting January 1, 2026, brokers will issue a new form, the 1099-DA, to report digital asset transactions, but taxpayers must still track their cost basis [13][14] - Taxpayers are responsible for accurately reporting their transactions, as discrepancies can lead to issues with the IRS [15][16] Tax Calculation Process - Taxpayers should collect transaction histories, determine cost basis, identify proceeds from sales, and classify transactions as short-term or long-term [23] - Crypto tax calculators can assist in managing high trading volumes and generating necessary reports for tax filing [19][20] Tax Implications of Crypto Usage - Exchanging one cryptocurrency for another or using crypto to purchase goods or services is considered a taxable event [21][22] - Staking rewards are taxed as ordinary income upon receipt, similar to interest earned [23][24]