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Credit: Image by Yahoo via YAHOO NEWS Hedge Fund Triata Soars 39% Amid AI and Robotics Surge! (Bloomberg) — A significant rally in Chinese stocks, fueled by excitement surrounding DeepSeek and Unitree Robotics, has led to impressive returns for several hedge and long-only funds last month. The unveiling of DeepSeek’s lower-cost, open-source artificial intelligence model,…
Credit: Image by Yahoo via YAHOO NEWS HPE Faces Major Setback: Shares Plunge 15% Amid Weak Profit Forecast and Job Cuts (Bloomberg) — Hewlett Packard Enterprise Co. experienced a significant decline of approximately 15% in its stock value after revealing an annual profit outlook that did not meet investor expectations. The company also announced plans…
US Establishes Strategic Bitcoin Reserve: A Major Step Towards Global Financial Integration In a groundbreaking move, President Donald Trump has signed an executive order to create a Strategic Bitcoin Reserve and a Digital Asset Stockpile. This historic decision marks a significant milestone in the integration of Bitcoin into the US financial system, as noted by…
Credit: Image by Yahoo via YAHOO NEWS Trump Administration’s Impact on Big Tech Antitrust Cases In a dramatic turn of events, nearly every major US tech giant is currently embroiled in government-led antitrust claims, with many now looking towards the Trump administration for a potential reprieve. One of the most notable pleas has come from…
Credit: Image by Yahoo via YAHOO NEWS Bitcoin Surges 4% After Strategic Reserve Announcement Bitcoin bulls are making a significant comeback, reclaiming the price slide that followed the announcement of the Bitcoin Strategic Reserve executive order. This order, signed by US President Donald Trump, has sparked discussions and reactions across the cryptocurrency market. Credit: Image…
Bitcoin Price Plummets Over 5% Amid Strategic Reserve Controversy In a shocking turn of events, Bitcoin’s price has experienced a significant decline of over 5% in the last 24 hours, now sitting at $88,100. This downturn follows the announcement of President Donald Trump’s US Strategic Bitcoin Reserve, which has failed to meet market expectations. According…
Credit: Image by Yahoo via YAHOO NEWS Understanding Wash Trading and Money Laundering in NFTs The world of Non-Fungible Tokens (NFTs) has taken the digital landscape by storm, but with its rapid rise comes a darker side that many investors may not be aware of. This article delves into the complex issues of wash trading…
Sovcomflot’s 2024 Net Profit Plummets by 55% The Russian tanker group Sovcomflot has announced a significant decline in its net profit for the year 2024, reporting a staggering 55% drop compared to the previous year. This news has sent shockwaves through the maritime industry, raising questions about the future of the company and the broader…
Bitcoin Poised for New Highs by June, Says Cory Klippsten Swan Bitcoin CEO Cory Klippsten recently shared insights with Cointelegraph regarding the future of Bitcoin, indicating that the cryptocurrency has a “more than 50% chance” of surpassing its all-time high of $109,000 by June 2025. Despite the current consolidation phase, Klippsten believes that this is…
Understanding the US Bitcoin Holdings The US government currently possesses a staggering 198,109 Bitcoin, valued at approximately $17.7 billion, according to data from blockchain analytics firm Arkham Intelligence. This substantial amount has been accumulated primarily through seizures and forfeitures related to criminal cases. The establishment of a Strategic Bitcoin Reserve is set to further solidify…
