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Bitcoin’s record-breaking surge means one man ended up paying £440m for two pizzas

Bitcoin’s record-breaking surge means one man ended up paying £440m for two pizzas

Business
Bitcoin has surged to a new all-time high - with prices breaking £44,000 for the first time.Saturday's spike came exactly one year after the volatile cryptocurrency lost 50% of its value in the space of two days and fell to £2,873. It has risen 1,431% in the past 12 months. Bitcoin now finds itself in uncharted territory. While some analysts believe the digital asset could reach £70,000 this year, others fear that dramatic sell-offs could be on the horizon. Image: Bank of England Governor Andrew Bailey has warned people who buy Bitcoin should be prepared to lose all of their money Part of the cryptocurrency's popularity lies in how its supply is fixed at 21 million, with new coins set to be gradually released between now and 2140.Supp...
Pandemic means young people face cancer treatment alone

Pandemic means young people face cancer treatment alone

Health
Teenage Cancer TrustCovid restrictions have made this year much tougher for young people already dealing with a cancer diagnosis. Sophie, like many other young cancer patients, has had to attend appointments and treatments alone, with no family or friends at her side. "My mum was crying, I was crying and she had to leave me at the door and drive off," the 24-year-old says.Last year, she was told she would need hospital treatment for five weeks, 70 miles away from home. "We had to travel to Manchester so my mum drove me," Sophie says."We got to the door and I had my suitcase - I was struggling alone with this suitcase."My mum was terrified leaving me, because she was probably thinking, 'I can't be there to comfort her,' and as well, if things go wrong, would she be walking back out of the ...
China warns Taiwan independence ‘means war’ as US pledges support

China warns Taiwan independence ‘means war’ as US pledges support

World
Getty ImagesChina has warned that attempts by Taiwan to seek independence "means war".The warning comes days after China stepped up its military activities and flew warplanes near the island. It also comes after new US President Joe Biden reaffirmed his commitment to Taiwan, and set out his stance in Asia. The US has called China's latest warning "unfortunate", adding that tensions did not need to lead to "anything like to confrontation".China sees democratic Taiwan as a breakaway province, but Taiwan sees itself as a sovereign state.Taiwan reports 'large incursion' by Chinese war jetsThe Taiwan-sized problem for the next US presidentWhat's behind the China-Taiwan divide?"We are seriously telling those Taiwan independence forces: those who play with fire will burn themselves, and Taiwan in...

Cryptocurrency’s value plummets. Here’s what it means for your taxes

Finance
StefaNikolic | E+ | Getty ImagesHolders of cryptocurrency have more than price volatility to worry about this year. The taxman wants to know about your trading activity.Bitcoin hit fresh highs during the weekend, creeping toward $ 42,000 on Jan. 8. However, its value tanked on Monday amid a sell-off in cryptocurrencies, and bitcoin's value is now hovering around $ 33,000.Regardless of whether you interpret the decline in price as a buying opportunity or an alarm to get out, you'll need to share the information with the IRS.More from Smart Tax Planning:Why small businesses face a nightmare tax situationSome newlyweds face marriage tax penalty for 2020 vowsRemote workers could face surprise state taxes for 2020Transactions you partake in this year will be reportable when you submit your 20...
Football betting tips: Kane to send Tottenham top, Fernandes will be Man United’s main man, Liverpool vs Leicester means goals – Premier League predictions

Football betting tips: Kane to send Tottenham top, Fernandes will be Man United’s main man, Liverpool vs Leicester means goals – Premier League predictions

Sports
After the international break the Premier League returns with a bang today and there are some tasty games in store. Here are talkSPORT’s top betting tips and predictions for three stand-out clashes, kicking off with a massive showdown in north London… GETTY It’s Mourinho vs Guardiola on Saturday – who will come out on top? Tottenham vs Man City – Saturday, 5.30pm (LIVE on talkSPORT) Two of the most decorated managers of all-time face off in a mouthwatering clash on Saturday evening. Pep Guardiola has the edge over Jose Mourinho so far in their trophy-laden careers – he’s tasted more victories over his great rival than any other boss he’s faced. But Guardiola’s City side have lost three times already this season and Mourinho’s Spurs have been flying –...