This new tax will do nothing to help fund affordable housing or transit.
It will reduce housing mobility, and by extension, marginally increase the prices of homes in the City.
Meanwhile, this City government continues to build "affordable" housing for 2x the cost that the private sector is building homes.

We won! City Council voted yes to Mayor Chow's Mansion Tax! This means the richest 0.5% of all Torontonians will pay a little bit more to fund affordable housing, transit, and more.
Nearly 2,000 people took action and it worked. Take a look at how your City Councillor voted ⤵️ x.com/GraphicMatt/st…

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In the crypto world, what truly determines victory is never code, but the interplay between liquidity, power, and regulation. The rise and fall of BUSD is not merely a tragic tale of a stablecoin, but a financial war waged by exchanges attempting to "unify the world."

When BUSD was thrust onto the historical stage, it carried not only a compliance narrative, but also Binance's ambition to reshape the stablecoin order through coercive measures—by manipulating exchange rates and merging trading pairs, directly swallowing competitors' liquidity into its own ledger.

The "automatic conversion" of 2022 was a textbook example of a blitzkrieg; and 2023...

The Rise and Fall of Binance's Dominance: From BUSD's "Unification" to $U's "Conquering the World"—The Stablecoin Wars

With the largest Bitcoin options expiring in history, on-chain data analytics firm Glassnode points out that the market is currently maintaining low volatility and a defensive stance…
The article, "Bitcoin's Largest Option in History is About to Expire! Glassnode: Market Still Pricing Downside Risk, BTC Volatility May Erupt in the New Year," was originally published on BlockTempo, the most influential ABMedia media.

Bitcoin's largest option in history is about to expire! Glassnode: The market is still pricing in downside risks, and BTC volatility could surge in the new year.

Source: Galaxy Research; Translation: Jinse Finance xz
Bitcoin's closing price in 2025 is expected to be roughly the same as the level at the beginning of the year.
The cryptocurrency market experienced a genuine bullish wave in the first ten months of this year. Regulatory reforms continued to advance, ETFs continued to attract funds, and on-chain activity became increasingly active. Bitcoin hit an all-time high of $126,080 on October 6th.
However, the market failed to deliver the expected breakthrough after the initial frenzy; instead, it experienced rotation, repricing, and rebalancing. This was driven by factors such as unmet macroeconomic expectations, a shift in investment narratives, leveraged margin calls, and massive...