Crypto Mogul Justin Sun Plans $100M Bitcoin Buy Amid Market Downturn
Tron founder Justin Sun announces plans to acquire up to $100 million in Bitcoin as prices dip below $77,000, contrasting with corporate treasury losses and broader market caution.
Tron founder Justin Sun announces plans to acquire up to $100 million in Bitcoin as prices dip below $77,000, contrasting with corporate treasury losses and broader market caution.
Ripple Labs has obtained a full Electronic Money Institution (EMI) license from Luxembourg's financial regulator, marking a significant step in its European regulatory strategy and enabling the expansion of its payment services across the EU single market.
Jumia Technologies' shares have skyrocketed over 244% in the past year, a stunning rally that appears disconnected from its recent financial performance. This surge highlights the complex dynamics of growth investing in emerging markets.
A newly surfaced 2014 email from the Jeffrey Epstein documents reveals Bitcoin-aligned executives warning investors about backing rival projects like Ripple. Some XRP proponents are framing the disclosure as validation of the token's early significance, though market momentum remains bearish.
While individual investors hold a significant 32% stake in Krona Public Real Estate AB (FRA:927), effective control rests with public companies, which command a 40% ownership bloc. This concentration of power raises questions about corporate governance and future strategy for the Swedish property firm.
BitRiver, the dominant force in Russia's Bitcoin mining sector, faces a severe financial and legal crisis as court-ordered monitoring of its parent company begins. The turmoil stems from a multi-million dollar contract dispute, regional mining bans, and mounting pressure from sanctions and tax evasion charges against its founder.
As speculative interest returns to the crypto markets, a handful of meme tokens are capturing attention with significant price movements and growing communities. Here’s a look at three assets showing notable activity in early February.
Microsoft shares suffered their worst single-day decline since 2020, erasing $357 billion in market value after quarterly results disappointed investors. While concerns over AI spending and Azure growth metrics fueled the sell-off, some analysts see a potential entry point for long-term investors as the tech giant addresses capacity constraints.
As the crypto market navigates uncertainty, Zilliqa's network upgrade, HYPE's market decoupling, and CC's sustained inflows present distinct opportunities for traders in the first week of February.
CNBC's Jim Cramer highlights Bitcoin's volatility after a sharp sell-off, casting doubt on its short-term viability as a currency and probing the silence of its staunchest advocates during the downturn.
Digital asset markets stabilized Monday following a sharp, liquidity-starved selloff that erased nearly $290 billion in total value over the weekend, with Bitcoin and Ethereum finding firmer footing after testing key support levels.
Bitcoin's recent price action, while volatile, is aligning with a late-stage corrective pattern. Technical analysis suggests the bearish sequence is nearing exhaustion, potentially setting the stage for a significant rebound toward the $100,000 mark before the next major trend emerges.
Facing stiff competition from synthetic fibers, the cotton industry's leading research and promotion body has created a chief marketing officer role and merged its marketing teams to drive demand across the entire supply chain.
The finalized merger between Cincinnati-based Fifth Third and Dallas's Comerica creates a banking giant with nearly $300 billion in assets, dramatically expanding its footprint in the nation's fastest-growing markets.
Founder Scott Davies steps into executive chairman role as the Welsh honey maker rebrands to Hilltop Food Group and targets doubling turnover within five years through international expansion and new product categories.
New home listings in the San Antonio metro area fell sharply in December, the steepest decline among major U.S. cities, as a growing imbalance between sellers and buyers prompts homeowners to stay put.
Seadrill secures a major contract extension for the West Saturn drillship with Equinor Brasil, adding over $100 million to its backlog and solidifying operations in Brazil's strategic pre-salt basin through 2027.
In a strategic pivot, Tesla's Q4 earnings call revealed plans to halt Model S and X production at its Fremont plant, repurposing the space for a massive push into humanoid robotics with the Optimus project, as Elon Musk outlines a vision for a million-unit annual output.
Investors in lighting specialist FW Thorpe have seen a negative total shareholder return of 25% since 2021, starkly underperforming the broader market's gains. Despite steady revenue growth, the share price decline highlights a disconnect with company fundamentals.
Norwegian energy giant Equinor is selling its onshore shale assets in Argentina's Vaca Muerta formation to local operator Vista Energy, marking a strategic pivot as it doubles down on offshore exploration and core international markets.