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skolnes

skolnes

  • Cryptocurrency News

    Mercedes car earnings plunge as China shuns luxury

    by skolnes October 25, 2024
    October 25, 2024

    By Andrey Sychev (Reuters) -German premium automaker Mercedes-Benz on Friday said third-quarter earnings in the core car division plunged by 64%, massively missing analysts’ estimates, as Chinese consumers continued to …

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  • Cryptocurrency News

    Markets enter the eye of risk-event storm

    by skolnes October 25, 2024
    October 25, 2024

    A look at the day ahead in European and global markets from Kevin Buckland Yields are mercifully lower as the week draws to a close, removing some of the angst …

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  • Bitcoin News

    Indo-Pacific Nations Outpacing the US in Crypto Regulation, SEC Commissioner Says

    by skolnes October 25, 2024
    October 25, 2024

    A U.S. Securities and Exchange Commission (SEC) commissioner has urged the U.S. to adopt a more proactive approach to crypto regulation, pointing to the leadership of Indo-Pacific nations like Japan, …

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  • Cryptocurrency News

    Hedge funds have cut most Chinese stock purchase since late September, says Goldman

    by skolnes October 25, 2024
    October 25, 2024

    By Summer Zhen HONG KONG (Reuters) – Global hedge funds dumped China and broader emerging markets shares while buying U.S. equities in a sharp rotation in October ahead of the …

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  • Bitcoin News

    Bank of America Declares Gold the ‘Last Safe Haven’ Asset, Forecasts $3,000 Price

    by skolnes October 25, 2024
    October 25, 2024

    Bank of America sees gold as the last and ultimate safe-haven asset amid rising U.S. debt, urging traders and central banks to increase their holdings. With concerns over fiscal instability …

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  • Cryptocurrency News

    Billionaire investor David Einhorn says buying HP stock is a cheap way into the AI craze

    by skolnes October 25, 2024
    October 25, 2024

    David Einhorn of Greenlight Capital.Brendan McDermid/ Reuters David Einhorn said computer hardware maker HP could eventually benefit from AI. HP will likely see “high-teens growth” in the years ahead, he …

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  • Bitcoin News

    Bitcoin 2024 Forecast: Experts Split on $125K Bullish or $40K Bearish BTC Outlook

    by skolnes October 25, 2024
    October 25, 2024

    Bitcoin’s future value remains a hot topic, with Finder’s latest survey reflecting expert opinions on its trajectory. While BTC is expected to hit $77,636 by the end of 2024, long-term …

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  • Cryptocurrency News

    Trump Media stock soars nearly 200% as momentum traders ride its coattails to chase major returns

    by skolnes October 25, 2024
    October 25, 2024

    Trump Media stock is surging over the past month, shooting up 198%. The recent catapult comes after the stock tumbled to an all-time low of $12.15 on Sept. 23. The …

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  • Bitcoin News

    Bitcoin Bill Clears Major Hurdle in Pennsylvania, Signaling Crypto Regulation Changes

    by skolnes October 25, 2024
    October 25, 2024

    The Pennsylvania House of Representatives has overwhelmingly passed a bipartisan bill that protects the rights of residents to self-custody bitcoin and use it as a payment method, while establishing tax …

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  • Bitcoin News

    Wall Street to Surpass Satoshi as Top Bitcoin Holder This Year — Analysts Expect $200K BTC Soon

    by skolnes October 25, 2024
    October 25, 2024

    Bitcoin could reach $200,000 next year, driven by institutional adoption and major market events, according to a new report. Analysts expect Wall Street to surpass Bitcoin’s pseudonymous creator, Satoshi Nakamoto, …

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