At the time, Bitcoin felt extremely risky for investors' portfolios. But even a little bit of exposure ended up generating a powerful return. Here are the details.
According to their latest 13F filings, some billionaires have been selling their Nvidia shares. Millennium Management's Israel Englander reduced his position in Nvidia by 12.5% in the third quarter of 2024. Capula Managment's Yan Huo trimmed his stake in Nvidia by 27.7% in the third quarter.
US Governmental participation in Bitcoin itself indicates a changing narrative over Bitcoin, however, the creation of a strategic Bitcoin reserve indicates something deeper.
One customer for their AI chips, Haitu Technology, described Sophgo as Bitmain’s “recommended distributor” in a filing to Chinese securities regulators in late 2022. Bitmain itself does not sell its AI processors to small and medium-sized companies, Haitu said.
Quantum computing will take time to arrive but research is investigating ways to address the technology in Bitcoin.
Whether XRP eventually has a larger market cap than AMD will depend on how long the crypto rally lasts. During crypto rallies, XRP tends to outperform Bitcoin, which is considered a bellwether for the sector, but it also tends to underperform in crypto bear markets.
The US stock markets touched new heights as the S&P 500 surged to new heights on Thursday. It reached to an intraday record of 6,100.81, according to
With BTC trading at $105,000 and mining costs at $33.900, miners maintain a 3x profitability margin despite rising difficulty, according to Glassnode.
IREN Limited is a strong value in the Bitcoin mining industry, with potential for growth from AI expansion in 2025. Click here to read my analysis of IREN stock.
Recently approved spot Bitcoin ETFs may boost demand for Bitcoin among institutional investors to a degree that was previously unthinkable. Investors can participate in those once-in-a-lifetime stock market themes by owning the Vanguard S&P 500 Growth ETF and the iShares Bitcoin Trust.
MicroStrategy Inc. shareholders voted for a 30 times increase to the number of authorized Class A common shares to help finance the company’s Bitcoin buying.Most Read from BloombergTexas HOA Charged W
At the World Economic Forum in Davos, BlackRock CEO Larry Fink speculated that Bitcoin could potentially reach between $500,000 and