Nvidia Stock Now Toppling Gold as Viable Inflationary Hedge
NVIDIA’s robust financial outlook further fueled optimism, with the company forecasting first-quarter revenue of $24 billion, surpassing analysts’ estimates of $22.2 billion.
Bitcoin has potential as a payment technology but is not likely to become an alternative currency, according to a new report from Goldman Sachs.
NVIDIA’s robust financial outlook further fueled optimism, with the company forecasting first-quarter revenue of $24 billion, surpassing analysts’ estimates of $22.2 billion.
BNP Paribas, the second-largest European bank, holds a modest amount of spot Bitcoin ETFs. According to a 13F filing submitted by the company, the bank acquired 1,030 units of BlackRock’s iShares Bitcoin Trust (IBIT), representing an investment of approximately $41,684.
BlackRock has started heavy advertising for its IBIT Bitcoin ETF on Bloomberg’s home page to leverage its position in the current market momentum.
With just 100 employees, Tether’s income per employee is 380 times higher than that of JPMorgan.
BlackRock is set to pump liquidity of its IBIT ETF by adding multiple Authorized Participants, with a new total of nine.
Goldman Sachs intends to watch from the sidelines despite the US-based Spot Bitcoin ETFs reporting $111 billion in traded volume in March, tripling the figure reported in Jan and Feb.
Amid the recent approval of the spot Bitcoin ETFs, institutional clients of Goldman Sachs have been seeking exposure to cryptocurrency derivative products.
Reddit is targeting a price range of $31 to $34 per share, which could translate to a valuation of up to $6.5 billion.
The IMF has also warned that AI could further broaden income and wealth inequality among countries. AI benefits and challenges would be key points of discussion at World Economic Forum (WEF) meeting in Davos.
Circle Internet Financial confidentially filed for an initial public offering (IPO) in the US.