In tandem with the IPO preparations, Bithumb has initiated efforts to improve its corporate structure.
Saylor sees Bitcoin’s potential to soar even higher, especially once regulators approve financial firms’ Bitcoin spot ETF products.
The new company will have a greater mining capacity than Hut 8. It will also have a more diverse revenue stream than its constituents.
The stock market’s decline coincided with a significant increase in bond yields. However, market experts remain cautiously optimistic about the overall trajectory.
The spike in Marathon Digital’s revenue for Q3 2023 was a result of multiple factors, including increased Bitcoin production and higher uptime.
Market analysts believe the new updates released by OpenAI significantly contributed to the rise of Microsoft (MSFT) shares.
A Circle spokesperson confirmed that a public listing is not exactly far from the firm’s aspirations.
Datadog has further given an optimistic outlook for the entire year of 2023 while forecasting Q4 revenue between $564 million and $568 million.
The Dow had the weakest performance among the three major indexes during Tuesday’s session, primarily due to several declining stocks.
The launch of the IBM Enterprise AI Venture Fund builds upon the growing momentum and widespread adoption of the company’s AI platform called watsonx.
WeWork has filed to begin bankruptcy proceedings to protect itself as it reorganizes debt in US and Canada only.
The data used to train Aleph Alpha’s models is stored in Europe and includes a large repository of multilingual public documents published by the European Parliament.
Analysts are expecting the Fed to pivot by March 2024 and begin the first rate cuts. Bitcoin and the crypto market are expected to rally in this scenario.
The UBS report for Q3 2023 showed that the company’s net loss increased because of expenses necessary due to the Credit Suisse integration.
Klarna has established itself as a major player in the European payments industry, with a valuation of $6.7 billion.