
Study Report: Global Billionaire Tax Could Raise $250B Yearly
The group is suggesting a coordinated international push to tax billionaires.
The group is suggesting a coordinated international push to tax billionaires.
The ripple effect of the Chinese market plunge has extended to other major Asian markets, with Japan’s Nikkei 225 and South Korea’s Kospi also experiencing declines.
A strong price action in Gold this month has provided a bullish price momentum to Bitcoin with a price surge leading to $31,000. The macro conditions favour Bitcoin and Gold.
The Q3 figures for 2023 show that American Express pulled in record revenue despite increased expenses especially with customer engagements.
Many people across the globe are surfing the internet to understand the implications of the Bitcoin spot ETF approval and how they can maximize the benefits.
To underscore the bullish sentiments, the performance of Bitcoin forks reflects the same optimism among investors.
A federal court may formalize the ruling on Grayscale’s ETF today, officially vacating the SEC’s refusal to convert the GBTC.
Matrixport’s analysis suggests that if Tether’s (USDT) market cap increases by $24 billion, acting as a proxy for potential ETF inflows, Bitcoin’s price could rise to $42,000, representing a conservative estimate.
TMSC saw their quarterly profits plunge the highest since 2019. However, the company says that the the PC and smartphone market concerns are abating and chip demand is rising again.
Nokia’s cost reduction plan is a strategic move aimed at addressing the challenging market environment it currently faces.
The ongoing Israel-Gaza conflict has also played a significant role in the oil market’s turbulence.
The SEC chair said that the Commission has a lot of applications to review for spot Bitcoin ETFs. Mike Novogratz expects a spot Bitcoin ETF coming by the year end.
Despite Tesla missing the mark, the company’s revenue grew by 9 percent YoY to $23.4 billion fueled by growth in vehicle deliveries.
In Q3 2023, Netflix finalized a share buyback of about $2.5 billion and increased its repurchase authorization by $10 billion.
Novogratz thinks the Fidelity Investments victory against the SEC puts the Commission in a corner where a Bitcoin ETF approval is inevitable.