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Apollo CEO Taps Cash on $431 Million Stake, May End Up Selling
cryptocurrency newsDec 10, 2024

Apollo CEO Taps Cash on $431 Million Stake, May End Up Selling

(Bloomberg) — Apollo Global Management Inc. Chief Executive Officer Marc Rowan is putting up $431 million of the company’s stock, and could end up selling it, as he looks to…

Bitcoin Bet For Amazon? 5% Stake Proposal Raises Eyebrows
bitcoin newsDec 9, 2024

Bitcoin Bet For Amazon? 5% Stake Proposal Raises Eyebrows

Este artículo también está disponible en español. Bitcoin might become part of Amazon’s treasury strategy as the online retail giant’s shareholders are pushing for the adoption of the cryptocurrency in…

El Salvador Bitcoin Investment Shows $333 Million Gain
bitcoin newsDec 9, 2024

El Salvador Bitcoin Investment Shows $333 Million Gain

El Salvador Bitcoin investment has gained over $333 million, showcasing President Bukele’s strategy despite IMF concerns and skepticism. El Salvador’s President Nayib Bukele recently shared an update on the country’s…

Stablecoin Issuer Tether Details ‘Extraordinary’ Growth of USDT Wallets Driven by Small Holders
altcoinDec 9, 2024

Stablecoin Issuer Tether Details ‘Extraordinary’ Growth of USDT Wallets Driven by Small Holders

The firm behind USDT says that the growth of crypto’s largest stablecoin by market cap has been fueled by sharks and minnows rather than whales. In a newly released Tether…

Community Notes Challenges Coinbase’s Response to Account Complaints
bitcoin newsDec 9, 2024

Community Notes Challenges Coinbase’s Response to Account Complaints

Coinbase’s support account on X tackled grievances regarding alleged account restrictions. In a post, the company emphasized, “don’t believe everything you see on twitter.” However, an attached X Community Notes…

Why Investors Were Slamming the Phone Down on T-Mobile US Stock Today
cryptocurrency newsDec 9, 2024

Why Investors Were Slamming the Phone Down on T-Mobile US Stock Today

Remarks uttered by the CEO of T-Mobile US (NASDAQ: TMUS) on Monday weren’t exactly well received by investors. Absent any other market-moving news about their stock, they traded out of…

Why Riot Platforms Stock Tumbled by 14% Today
cryptocurrency newsDec 9, 2024

Why Riot Platforms Stock Tumbled by 14% Today

The price of Riot Platforms (NASDAQ: RIOT) stock cooled on the first trading day of the week, on the back of a sliding Bitcoin (CRYPTO: BTC) price and news of…

Walgreens closed 58 stores across U.S. in November
cryptocurrency newsDec 9, 2024

Walgreens closed 58 stores across U.S. in November

Tim Inklebarger For the month of November, Scrapehero.com recorded 124 store openings and 132 store closings. The tsunami of some 1,200 Walgreens store closures planned for the next three years…

Rivian stock jumps to highest since August as Benchmark initiates at Buy
cryptocurrency newsDec 9, 2024

Rivian stock jumps to highest since August as Benchmark initiates at Buy

Rivian (RIVN) stock jumped on Monday as investment bank Benchmark initiated coverage on the stock with a Buy rating and a bullish $18 price target. Rivian has had a bumpy…

Lilly Approves $15 Billion in Share Buybacks, Raises Dividend
cryptocurrency newsDec 9, 2024

Lilly Approves $15 Billion in Share Buybacks, Raises Dividend

(Bloomberg) — Eli Lilly & Co. (LLY) approved a program to buy back as much as $15 billion of its own shares amid rapid growth fueled in part by the…

MicroStrategy Buys More Bitcoin as Funding Draws Scrutiny
cryptocurrency newsDec 9, 2024

MicroStrategy Buys More Bitcoin as Funding Draws Scrutiny

(Bloomberg) — MicroStrategy Inc. bought another $2.1 billion in Bitcoin while its combination of equity and fixed-income securities sales to finance the rapidly increasing acquisitions draws increased scrutiny. Most Read…

$567,390,000 in Liquidations Hits Crypto Markets As Analyst Warns of ‘Trouble Area’ for Altcoins
altcoinDec 9, 2024

$567,390,000 in Liquidations Hits Crypto Markets As Analyst Warns of ‘Trouble Area’ for Altcoins

Digital assets markets started off the week in the red after Bitcoin (BTC) lost the $100,000 level and fell to $97,470, dragging most altcoins into corrections as well. According to…

Why Advanced Micro Devices Plunged Today
cryptocurrency newsDec 9, 2024

Why Advanced Micro Devices Plunged Today

Shares of chipmaker Advanced Micro Devices (NASDAQ: AMD) fell 5.4% in Monday trading, as of 2 p.m. ET. The semiconductor stock fell today on the heels of an analyst downgrade…

Sell It All—Peter Schiff Urges Biden to Ditch US Bitcoin Reserves Before Trump’s Return
bitcoin newsDec 9, 2024

Sell It All—Peter Schiff Urges Biden to Ditch US Bitcoin Reserves Before Trump’s Return

Gold advocate and economist Peter Schiff is not exactly cheering from the sidelines when it comes to a U.S. strategic bitcoin reserve. On Monday, he sparked conversation on social media,…

Saylor Proposes US to Sell Gold and Invest in Bitcoin
bitcoin newsDec 9, 2024

Saylor Proposes US to Sell Gold and Invest in Bitcoin

Michael Saylor urges the US to sell gold and invest in Bitcoin to strengthen the economy and challenge gold-dependent nations. Michael Saylor, founder of MicroStrategy, has made a bold call…

Crypto Investment Products Break Previous Record With $3,850,000,000 in Weekly Inflows: CoinShares
altcoinDec 9, 2024

Crypto Investment Products Break Previous Record With $3,850,000,000 in Weekly Inflows: CoinShares

Digital assets manager CoinShares says institutional investors poured a record $3.85 billion into crypto investment vehicles last week. In its latest Digital Asset Fund Flows report, CoinShares says that institutional crypto…

New Layer-2 Project Movement (MOVE) Debuts at $7,708,019,888 Valuation Amid Support From Binance, UpBit
altcoinDec 9, 2024

New Layer-2 Project Movement (MOVE) Debuts at $7,708,019,888 Valuation Amid Support From Binance, UpBit

A new Ethereum (ETH)-based layer-2 project is debuting with a fully diluted value (FDV) of more than $7.7 billion amid support from leading crypto exchanges. According to a new announcement,…

Market Update: PM
cryptocurrency newsDec 9, 2024

Market Update: PM

Market Update: PM Source Link

Riot Platforms to Raise Funds for Bitcoin Acquisition
bitcoin newsDec 9, 2024

Riot Platforms to Raise Funds for Bitcoin Acquisition

Riot Platforms, Inc. announced a proposed $500 million private offering of convertible senior notes to fund bitcoin acquisitions and corporate initiatives. Riot Announces $500 Million Private Note Offering Riot Platforms,…

Mondelez Exploring Takeover of US Chocolate Maker Hershey
cryptocurrency newsDec 9, 2024

Mondelez Exploring Takeover of US Chocolate Maker Hershey

(Bloomberg) — Mondelez International Inc., the snacks and sweets company, is exploring an acquisition of iconic US chocolate maker Hershey Co., in a potential deal that would create a food…

The Revolutionary Impact of Blockchain on Online Casino Gaming
altcoinDec 9, 2024

The Revolutionary Impact of Blockchain on Online Casino Gaming

The world of online casinos is being disrupted by blockchain and cryptocurrency. These technologies offer speedier transactions, enhanced security and increased transparency. For players that means a steadier, more thrilling…

Semler Scientific Acquires 303 Bitcoins for $29.3 Million
bitcoin newsDec 9, 2024

Semler Scientific Acquires 303 Bitcoins for $29.3 Million

Semler Scientific invests $29.3 million to acquire 303 Bitcoins, boosting total holdings to 1,873 BTC and showcasing strong BTC yield results. Semler Scientific has announced recent updates regarding its Bitcoin…

Comcast stock falls after management warns broadband subscribers will drop by over 100,000 in Q4
cryptocurrency newsDec 9, 2024

Comcast stock falls after management warns broadband subscribers will drop by over 100,000 in Q4

Comcast (CMCSA) shares fell as much as 7.5% Monday after Dave Watson, president and CEO of Comcast Cable, said the company expects broadband subscribers to decline by over 100,000 in…

U.S. Bitcoin ETFs Surpass Satoshi Nakamoto Holdings
bitcoin newsDec 9, 2024

U.S. Bitcoin ETFs Surpass Satoshi Nakamoto Holdings

U.S. Bitcoin ETFs surpass Satoshi Nakamoto holdings, reaching 1,104,534 BTC, reflecting growing institutional interest and Bitcoin’s rising status. In a significant development, the U.S. spot Bitcoin ETF holdings have reached…

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