BEIJING — Chinese tech giant Baidu on Thursday posted a 3% annual drop in third-quarter revenue, nevertheless beating market expectations amid AI cloud growth. The revenue print came in at $4.78 billion for the quarter ending on Sept. 30. Net income for the period rose by 14% to $1.09 billion. Baidu noted a 12% surge…
Aside from being multibillionaires, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett and MicroStrategy (NASDAQ: MSTR) CEO Michael Saylor don’t have too much in common. One is a traditional investor in his mid-90s while the other is in his late 50s and has branched out into newer investing ideas. Buffett has previously referred to Bitcoin…
In the dynamic world of digital finance, stablecoins have emerged as essential tools, bridging the gap between traditional currency stability and the innovation of blockchain. Among these, two heavyweights stand out: Tether (USDT) and USD Coin (USDC). Each has distinct qualities, different use cases, and unique value propositions that make them popular among investors, traders,…
Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › São Paulo, November 18, 2024 – Mercado Bitcoin (MB), the largest digital asset platform in Latin America, announces the launch of MBRL stablecoin on the TRON blockchain. The MBRL stablecoin presents an innovative means of payment…
[PRESS RELEASE – HO CHI MINH, Vietnam, November 17th, 2024] Recently, CoinList conducted a poll asking users, “What category of projects do you want to see most on CoinList?” underscoring growing interest in decentralized infrastructure solutions. Following this, CoinList announced an exciting partnership with U2U Network, a DePIN-focused Layer 1, for an exclusive pre-listing campaign….
Pictured here is a Shanghai development under construction on Nov. 4, 2024. Cfoto | Future Publishing | Getty Images BEIJING — China on Friday reported strong growth in retail sales and a decline in real estate investment in October, signaling that the country’s recent stimulus push has already worked to bolster certain sectors of its…
Read More “China October retail sales beat forecasts while real estate slump worsens” »
(Bloomberg) — China’s President Xi Jinping wants a “powerful currency” that is stable enough to play a rising role in global trade. Donald Trump’s return looks set to challenge that ambition. Most Read from Bloomberg The yuan risks years of downward pressure during the second Trump presidency, and the threat of another trade war is…
Read More “China’s Dream of ‘Powerful Currency’ Runs Into Trump’s Return” »
Virtual Real Estate: Metaverse Ownership Explained! In recent years, virtual real estate has emerged as a groundbreaking trend in the world of digital assets and the metaverse. Virtual real estate refers to parcels of land or property within a digital world, where individuals, brands, and businesses can buy, develop, and monetize virtual spaces. In this…
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Bitwise CIO Matthew Hougan believes that investors are “still early” until Bitcoin (BTC) claims the $500,000 price zone for Bitcoin (BTC). In a recent investor note, Hougan highlighted that the current environment makes him feel that the $100,000 mark could be “right around the corner.” Bitcoin registered a new all-time high of $93,523.65 on Nov….
Read More “Bitwise CIO believes investors are ‘still early’ until Bitcoin reaches $500k” »
Dogecoin just exploded past $0.40 – getting everyone talking about crypto’s OG meme coin again. But one analyst thinks this could just be the beginning, predicting a potential major surge from here. Meanwhile, the new meme coin Pepe Unchained continues to hit huge presale milestones, with early backers speculating it could follow in DOGE’s footsteps….
Read More “Dogecoin Soars Past $0.4 as Expert Calls for Major Gains, What About Pepe Unchained” »
