Amid mounting debt-limit default risks, US investors have turned to Bitcoin as ‘digital gold’ to better hedge their savings.
Zimbabwe seeks to use gold-backed crypto tokens to salvage the country’s economic situation.
Before this announcement, Vice Media had begun to restructure its global organizational workforce.
The integration of Spotify with NFT projects including Moonbirds has helped its stock rally more than 80 percent YTD.
Chinese chip powerhouse SMIC saw Q1 revenue fall to $1.46 billion as it continues to withstand chip shortages and US trade sanctions.
CryptoQuant’s Business Development executive Benjamin Brannan exposited on the Bitcoin’s ‘favorable’ price optics in 2023.
The biggest beneficiary of this move in the long term will be Tesla shareholders, considering the firm is the only publicly listed entity tied to Elon Musk
From a stock index perspective, Alphabet shares are among the best-performing equities with a gain of about 33% YTD.
Emirates Group announced global freight expansion to different destinations including Tanzania, Germany, Canada, and Brazil.
There are various choices accessible to PacWest Bancorp that could assist the business overcome the present shares devaluation.
Amid the current banking crisis in the United States, stablecoin issuers like Tether and Circle have been moving their reserves to the safest instrument i.e. US Treasury.
Vision Fund, SoftBank’s tech investment arm, posted a loss of 4.3 trillion yen for its fiscal year that ended March 31st.
Palantir also revealed that it closed the quarter with $1.62 billion in US Treasury securities.
Tether continues to dominate the stablecoin market with a market cap of over $82 billion and is currently the third-largest cryptocurrency by market cap.
The whole saga has led IEP stock lower with prices dropping 15.14% to $32.22 at the close of trading on Wednesday.