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Tesla: Beyond Fundamentals, Towards a "Bitcoinized" Future?
Tesla: Beyond Fundamentals, Towards a "Bitcoinized" Future?Tesla's lofty valuation has long been a subject of debate. However, with its stock price continuing to climb, pushing short-sellers to despair, the market seems to be increasingly abandoning fundamental analysis in its valuation...
Blockchain 2025-01-31 19:47:02 -
El Salvador officially abandons Bitcoin as legal tender: A forced retreat under IMF pressure
El Salvador officially abandons Bitcoin as legal tender: A forced retreat under IMF pressureEl Salvador, once hailed as the "Bitcoin Nation," has finally abandoned its policy of making Bitcoin legal tender, succumbing to two years of sustained pressure from the International Monetary Fund (IMF). The ruling party-controlled Salvadoran legislature recently quietly passed amendments to the Bitcoin Law, returning the use of Bitcoin to user discretion, effectively ending this bold experiment...
Blockchain 2025-01-31 17:31:44 -
Tesla's Q4 Earnings Boosted by Bitcoin Holdings: New Accounting Standard Helps, but Profits Slightly Miss Expectations
Tesla's Q4 Earnings Boosted by Bitcoin Holdings: New Accounting Standard Helps, but Profits Slightly Miss ExpectationsTesla's Q4 2023 earnings report revealed a significant boost to its performance thanks to its Bitcoin holdings, driven by the implementation of a new accounting standard. CFO Vaibhav Taneja announced on Wednesday's earnings call that Tesla's net income received a $600 million uplift due to the adoption of a new digital asset accounting method, primarily resulting from mark-to-market gains on its Bitcoin holdings...
Blockchain 2025-01-31 15:24:57 -
Bitcoin Price Crashes Below $10,400!
Bitcoin Price Crashes Below $10,400!Bitcoin prices continued their downward trend today, hitting a low of $10,400 per coin, representing a 0.69% drop...
Blockchain 2025-01-31 15:07:48 -
Bitcoin Rallies Sharply: Fed Holds Rates, Powell Hints at Tighter Crypto Regulation
Bitcoin Rallies Sharply: Fed Holds Rates, Powell Hints at Tighter Crypto RegulationBitcoin prices extended their biggest weekly gains, climbing 1.3% to approximately $10,513 as of 8:30 AM ET Thursday...
Blockchain 2025-01-31 15:03:37 -
The SEC Partially Approves Bitwise Bitcoin and Ethereum ETF, Bringing it Closer to Market Launch
The SEC Partially Approves Bitwise Bitcoin and Ethereum ETF, Bringing it Closer to Market LaunchThe U.S...
Blockchain 2025-01-31 14:58:24 -
Apple's Q1 2025 Earnings Report: 11% Revenue Decline in Greater China, Cook Addresses Market Concerns
Apple's Q1 2025 Earnings Report: 11% Revenue Decline in Greater China, Cook Addresses Market ConcernsApple Inc. announced its fiscal Q1 2025 (calendar Q4 2024) earnings on January 31st, reporting record-breaking total revenue of $124...
Mobile Internet 2025-01-31 14:28:40 -
The TCL T551M: A potential swan song for the Alcatel brand in rugged industrial phones
The TCL T551M: A potential swan song for the Alcatel brand in rugged industrial phonesRecently spotted at China's Ministry of Industry and Information Technology (MIIT), the TCL T551M, a 5G rugged industrial phone, has garnered industry attention. Specifically designed for harsh industrial environments like oil fields, gas plants, mines, and chemical facilities, this phone has undergone rigorous durability testing, proving its reliability as a communication tool in demanding settings...
Mobile Internet 2025-01-30 21:54:29 -
iPhone SE4/iPhone 16e: Notch or Dynamic Island? A17 Pro or A18? Apple's New Phone Is Shrouded in Mystery
iPhone SE4/iPhone 16e: Notch or Dynamic Island? A17 Pro or A18? Apple's New Phone Is Shrouded in MysteryOn January 20th, leaker Evan Blass (@evleaks) extracted images from Apple's software code showcasing upcoming iPhone SE4 and iPad models. Surprisingly, the images depicted the iPhone SE4 with a Dynamic Island, contradicting earlier supply chain reports suggesting a notch identical to the iPhone 14...
Mobile Internet 2025-01-30 20:24:38 -
Tencent Applies for Blockchain Data Cleaning Patent to Enhance Performance and Security
Tencent Applies for Blockchain Data Cleaning Patent to Enhance Performance and SecurityOn January 30, 2025, the State Intellectual Property Office of China revealed that Tencent Technology (Shenzhen) Co., Ltd...
Blockchain 2025-01-30 20:11:43 -
High-Resolution Render of vivo V50 5G in Rose Gold Revealed, Featuring Snapdragon 7 Gen 3 and Potentially the Thinnest in its Class
High-Resolution Render of vivo V50 5G in Rose Gold Revealed, Featuring Snapdragon 7 Gen 3 and Potentially the Thinnest in its ClassIT Home, January 30th Prominent leaker Yogesh Brar shared a high-resolution render of the vivo V50 5G on X, along with key specifications. The render showcases a "Rose Red" color option, reportedly inspired by Indian weddings, creating a romantic and festive atmosphere...
Mobile Internet 2025-01-30 08:55:39 -
iPhone Storage Upgrades Cool Off: Cloud Services Rise, Impacting Apple's High-Margin Model
iPhone Storage Upgrades Cool Off: Cloud Services Rise, Impacting Apple's High-Margin ModelA recent report from market research firm CIRP reveals a declining trend in US iPhone users opting for increased storage capacity. This shift signals growing reliance on cloud services and potentially poses a significant threat to one of Apple's most lucrative revenue streams: iPhone storage upgrades...
Mobile Internet 2025-01-30 07:48:31