GameStop’s stock fell over 8% in after-hours trading after it announced plans to raise $1.3 billion through convertible senior notes to invest in Bitcoin. This news came just a day after a significant rise of nearly 12% in its shares, following the company’s approval to add Bitcoin as a treasury reserve asset. Despite an earlier ...
Bitcoin’s price increased by 4.25% last week, surpassing $86,000 and making gains above $88,700 on March 24. Analysts are optimistic, noting that positive reversal indicators suggest a possible continued uptrend. Inflows into U.S. Bitcoin exchange-traded funds totaled $744.4 million last week, signaling renewed interest. However, Ethereum ETFs saw ongoing outflows. While some experts forecast Bitcoin ...
Bitcoin is currently experiencing a typical Market correction after reaching a peak of $109,000 in January, with analysts suggesting there is still potential for future growth. Experts like Ben Simpson believe this pullback, which saw Bitcoin drop around 24%, is normal and necessary for the Market to stabilize. Despite ongoing uncertainties due to macroeconomic factors, ...
Monica, a Chinese startup, has launched a new AI agent named Manus that can independently tackle complex tasks like travel planning and financial analysis. While it has captured attention with its early demonstrations, Manus is currently available in a limited release, and detailed technical information is not yet public. Users interact with Manus through simple ...
Investing in cryptocurrencies requires a unique approach compared to traditional stocks. While you can apply some stock investment principles, successful crypto investors often compare their coins to Bitcoin, rather than the stock Market. This is because cryptocurrencies tend to move together, influenced heavily by Bitcoin’s performance. When evaluating your crypto investments, it’s important to benchmark ...
Bitcoin and the Nasdaq are closely linked in their Market movements, but recent trends suggest potential challenges ahead. The Nasdaq has formed a “double top” pattern, indicating a possible decline, which could also impact Bitcoin. With Bitcoin hovering around $82,305 and crucial support at the 200-day moving average near $82,587, a drop below this level ...
Bitcoin experienced a significant drop of nearly 5% early Friday, reaching just above $82,000, marking its lowest point since November. This decline contributes to a nearly 20% decrease over the past month, the worst monthly performance since June 2022. Analysts attribute this sell-off to rising fears about new tariffs announced by President Trump, which have ...
Strategy MSTR is gearing up for a potential spot in the S&P 500 by June 20, as it meets nearly all eligibility criteria except for achieving positive GAAP net income over the past year. This challenge hinges on the company’s ability to report strong earnings for Q1 2025, which could be supported by a new ...
Tesla recently reported it holds 9,720 Bitcoin, valued at $1.07 billion at the end of last year. This significant increase in value from the previous $184 million is due to rising Bitcoin prices and a new accounting rule that allows companies to report cryptocurrency values based on current Market rates. Tesla now ranks as the ...
OpenAI CEO Sam Altman is scheduled for a private meeting with U.S. officials on January 30, raising excitement about new advancements in artificial intelligence. Rumors suggest that OpenAI is close to launching “super-agents,” AI systems capable of handling complex tasks that usually require expert knowledge. These super-agents could revolutionize fields like software development, financial analysis, ...
