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Prime Minister Justin Trudeau proposed a hike in capital gains tax of up to 66% earlier in 2024 to alleviate the financial pressure the housing market is putting on Canada’s citizens. This hike would include capital gains on stock trades and cryptocurrency sales, with an aim to bring in as much tax revenue as possible. However, citizens and companies alike are protesting the increase, and they are facing backlash. Even gains that weren’t previously taxed, such as approximately CAD 54 million ($39 million) in crypto currency taxes , might be targeted under the proposed hike. Picks for you Is the meme coin mania back to crypto? 14 mins ago We asked ChatGPT-4o what will be Bitcoin price at the end of 2024; Here’s what it said 30 mins ago Tether freezes $5 million in USDT amid phishing concerns 2 hours ago Ripple dumps 75% of May XRP reserves in a single sell-off 2 hours ago Undisclosed gains from crypto amount to $40 million The Canada Revenue...

A comprehensive analysis of how community engagement and trust shape the landscape of social media influence. As social media platforms continue to dominate people’s daily lives, the power of influencers and their ability to sway public opinion has become a highly valuable asset. But how does one accurately measure this power? Is it based solely on the number of followers or likes an influencer has? In this article, we'll explore the limitations of evaluating community power based on followers and engagements alone and examine an alternative metric called Social Capital. Problem of the decade and recent trends For years, marketers have relied on metrics like followers, likes, and comments to gauge the impact of an influencer's content. However, these metrics only tell part of the story. A large number of followers doesn't necessarily equate to a highly engaged or influential audience, and high levels of engagement can often be artificially inflated through paid promotions ...