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Crypto Market Diverges from Stock Market, AI and Economic Confidence Fuel Nasdaq Surge
Crypto Market Diverges from Stock Market, AI and Economic Confidence Fuel Nasdaq SurgeAnalyst Adam Button points out an unusual phenomenon where the crypto market, usually a leading indicator of stock market sentiment, is diverging. Bitcoin is down 3% while the stock market is at its daily high, with the Nasdaq 100 up 2...
Blockchain 2024-08-16 04:20:20 -
Goldman Sachs and Morgan Stanley Invest Over $600 Million in Bitcoin Spot ETFs in Q2
Goldman Sachs and Morgan Stanley Invest Over $600 Million in Bitcoin Spot ETFs in Q2Documents filed with US regulators on Wednesday revealed that Goldman Sachs and Morgan Stanley collectively bought over $600 million worth of spot Bitcoin ETFs during the second quarter.Morgan Stanley also expressed its confidence in BlackRock's iShares Bitcoin ETF, disclosing a stake of 5...
Blockchain 2024-08-15 09:40:31 -
Global Risk Aversion Heats Up, Crypto Market Suffers Major Blow: Bitcoin Plunges Below $50,000, ETFs Dive Over 25%
Global Risk Aversion Heats Up, Crypto Market Suffers Major Blow: Bitcoin Plunges Below $50,000, ETFs Dive Over 25%As of 5pm on August 5th, the cryptocurrency market has been hit hard by the global risk aversion sentiment. Bitcoin prices have fallen below the $50,000 mark, hitting a new low since February this year, with a 12...
Blockchain 2024-08-14 11:17:41 -
US Imposes Tariffs on Chinese Electric Vehicles, Hindering Waymo's Self-Driving Taxi Plans
US Imposes Tariffs on Chinese Electric Vehicles, Hindering Waymo's Self-Driving Taxi PlansAugust 13, the US government's imposition of temporary tariffs on Chinese electric vehicles poses a new obstacle for Waymo's expansion of its robotaxi fleet. Alphabet-owned Waymo, aiming to roll out new self-driving taxis manufactured by Geely subsidiary Zeekr, faces potential hurdles with these vehicles designed in Sweden and manufactured with involvement from Geely's Volvo...
Industry dynamics 2024-08-14 01:09:06 -
Time flies, and we're already in August 2024. The new phone release wave for the second half of the year is about to sweep in, and the highly anticipated Xiaomi 15 series finally has some news. According to the well-known digital blogger "Wisdom Pikachu," the Xiaomi 15 series phones are scheduled to be released in October 2024, and they will be the first to be equipped with the brand-new OS 2.0 system, bringing more powerful system-level AI capabilities.
Time flies, and we're already in August 2024. The new phone release wave for the second half of the year is about to sweep in, and the highly anticipated Xiaomi 15 series finally has some news...
Mobile Internet 2024-08-09 14:38:23 -
Tesla FSD v12.5: Mass Rollout, HW3 Owners to Wait
Tesla FSD v12.5: Mass Rollout, HW3 Owners to WaitTesla's Full Self-Driving (FSD) version v12...
Industry dynamics 2024-08-08 09:40:05 -
Global risk aversion heats up, crypto market takes a hit: Bitcoin falls below $50,000, ETFs plunge over 25%
Global risk aversion heats up, crypto market takes a hit: Bitcoin falls below $50,000, ETFs plunge over 25%On August 5th, the cryptocurrency market experienced a severe downturn, with Bitcoin prices falling below the $50,000 mark, hitting a new low since February of this year. Driven by global risk aversion, Bitcoin prices plunged by 12...
Blockchain 2024-08-06 10:46:04 -
Morgan Stanley Takes the Lead in Embracing Bitcoin ETFs, Offering New Investment Options for Clients
Morgan Stanley Takes the Lead in Embracing Bitcoin ETFs, Offering New Investment Options for ClientsAmong traditional financial institutions on Wall Street, Morgan Stanley is the first to open investment channels for Bitcoin exchange-traded funds (ETFs) to its clients. On Friday, August 2nd, the global wealth management giant announced that starting August 7th, its approximately 15,000 financial advisors will be authorized to recommend Bitcoin ETFs to eligible clients...
Blockchain 2024-08-04 10:08:02 -
Intel Layoffs: A Cost-Cutting Gambit in the Race for Recovery
Intel Layoffs: A Cost-Cutting Gambit in the Race for RecoveryJuly 31: Intel is reportedly planning a major layoff that could affect thousands of employees. The move aims to cut costs and free up funds for the company's strategic recovery plan in the face of persistent profitability declines and shrinking market share...
Industry dynamics 2024-08-02 18:02:08 -
EU Imposes Tariffs on Chinese Electric Vehicles, NIO Warns of Potential Price Hikes
EU Imposes Tariffs on Chinese Electric Vehicles, NIO Warns of Potential Price HikesOn July 5th, the European Union (EU) officially announced tariffs on electric vehicles imported from China, ranging from 17.4% to 37...
Industry dynamics 2024-07-16 15:30:41 -
Sam Altman: The AI Savior or Doomsday Prophet?
Sam Altman: The AI Savior or Doomsday Prophet? On July 2, Sam Altman, the CEO of OpenAI, set out to develop the world's first artificial general intelligence (AGI), a powerful machine capable of human-like thinking and reasoning. However, concerns have arisen about whether he might inadvertently create an AI overlord that views humans as inferior beings...
Industry dynamics 2024-07-04 12:16:48 -
Bitcoin and Ethereum Futures Plunge on Wednesday
Bitcoin and Ethereum Futures Plunge on WednesdayOn Wednesday (July 3), at the close of trading in New York, the CME Bitcoin futures contract BTC lead contract closed at $59885.00, down 3...
Blockchain 2024-07-04 10:45:03