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Nvidia Q3 Revenue Soars 95% to $35.1 Billion, Exceeding Expectations
Nvidia Corporation announced on Wednesday a significant 95% increase in revenue for the third quarter of 2024, reaching $35.1 billion and surpassing previous predictions. Read more
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MicroStrategy’s Massive Bitcoin Buy
According to reports from Bloomberg, MicroStrategy, led by billionaire Michael Saylor, has made its largest Bitcoin purchase to date, acquiring approximately 51,780 Bitcoin for $4.6 billion in a single week, bringing the company’s total holdings to over 331,000 BTC valued at nearly $30 billion. Read more
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Goldman to Spin Out Crypto Platform
Based on reports from Bloomberg, Goldman Sachs is preparing to spin out its digital assets platform into a new company, aiming to facilitate blockchain-based financial transactions for large institutions within the next 12 to 18 months. Read more
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U.S. Dollar Soars
Following Donald Trump’s 2024 presidential election victory, the U.S. dollar has soared to its highest level since July 2024, driven by investor expectations of protectionist trade policies and fiscal stimulus measures, significantly impacting emerging market currencies and major currencies like the euro and yen, according to Bloomberg reports. Read more
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Crypto Market Hits $3 Trillion
The global cryptocurrency market has surged to a milestone valuation of $3 trillion, marking a significant recovery and renewed investor interest in digital assets. Read more
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3 Cryptocurrencies That Reached All-Time Highs
The cryptocurrency market is experiencing a strong surge, with Bitcoin (BTC), the leading digital asset, reaching a new all-time high. This rally has intensified investor interest across the sector, as other prominent tokens are also achieving record levels. Read more
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Buffett’s $325 Billion Warning
Warren Buffett’s Berkshire Hathaway has amassed a record $325 billion cash pile while selling off significant portions of its Apple and Bank of America holdings, signaling potential caution about current market valuations and economic conditions. Read more
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What Next for BTC After Trump?
Bitcoin (BTC) surged to a new all-time high of $76,000 late Wednesday following Republican Donald Trump’s win at the U.S. elections, ushering in a widely expected bullish era for the crypto sector. Read more
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BlackRock’s Bitcoin ETF Clinches Record $4 Billion Trading Volume Amid Trump Win
BlackRock’s iShares Bitcoin Trust (IBIT) achieved its highest-ever daily trading volume of $4.1 billion Wednesday evening amid a record-setting price for the world’s largest crypto. Read more
