Tag: Crypto

Stocks Fail To Rise Despite Benign Producer Inflation, 30-Year Treasury Yields Hit 5%, Ely Lilly Tumbles: What’s Driving Markets Tuesday?

A cooler-than-expected December producer inflation report failed to ignite lasting gains on Wall Street Tuesday, reflecting lingering concerns about persistently high inflation among investors. Early session advances across major indices faded into modest losses by midday trading in New York, as market participants exercised caution ahead of Wednesday’s pivotal...
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Why Is Ripple’s (XRP) Price Up 13% Daily to Monthly High?

TL:DR; While the entire crypto market is well in the green today, some alts, such as XRP, are performing a lot better than many of its rivals. Perhaps a few of the reasons behind Ripple’s surge could be attributed to the recent whale activity, as well as upcoming developments...
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Genius Group launches $33m rights offering to boost Bitcoin reserve

Genius Group Limited, a Bitcoin-focused education company, has announced a $33 million rights offering to expand its Bitcoin Treasury. The offering will allow existing shareholders to purchase additional shares at $0.50 each, with proceeds earmarked entirely for Bitcoin (BTC) purchases,…...
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Veteran Trader Peter Brandt Offers Truce to the XRP Army: Details

TL;DR Peter Brandt apologized for past XRP criticism, praising the asset’s supporters and adopting a more bullish outlook. Last year, former critic Charles Hoskinson expressed regrets for previous clashes with the XRP Army and proposed collaboration with Ripple on future projects. ‘I Admit My Rudeness’ Ripple’s XRP is one...
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Hashed’s Simon Kim Says AI Has a ‘Black Box’ Problem

Hashed’s Simon Kim believes the future of artificial intelligence hinges on a radical shift: breaking open the black box of centralized models like OpenAI and building a decentralized, transparent ecosystem powered by blockchain. For Kim, CEO of South Korea’s leading crypto VC fund, the urgency is clear. AI’s unchecked...
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MicroStrategy Plans Perpetual Preferred Stock Offering To Bolster Bitcoin Strategy

MicroStrategy Inc. (NASDAQ:MSTR) is exploring perpetual preferred stock as a new financing instrument to fuel its ongoing Bitcoin acquisition strategy, according to insights shared by Executive Chairman Michael Saylor. What Happened: At a recent investor meeting hosted by The Benchmark Company, Saylor explained that MicroStrategy is looking to raise...
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