JUST IN: 🇺🇸 President-elect Trump says his new crypto Czar David Sacks will "work on legal framework so the crypto industry has the clarity it has been asking for."
🔵Powered by V3V Ventures
📱 MicroStrategy: Hedge Funds Ride Bitcoin Volatility on Wall Street
On Wall Street, hedge funds are capitalizing on MicroStrategy's volatile stock through convertible bond arbitrage, taking advantage of Michael Saylor's $40 billion Bitcoin holdings.
The company has issued $7 billion in low-interest notes to fund its Bitcoin purchases. This strategy has become a popular play on Wall Street.
🔵Powered by V3V Ventures
JUST IN: Over $100,000,000 liquidated from the cryptocurrency market in the past 60 minutes.
🔵Powered by V3V Ventures
🇷🇺 Russian President Putin says "who can ban Bitcoin?"
"Nobody"
🔵Powered by V3V Ventures
Tesla Lawsuit: Lawyers Awarded $345M, Musk Loses
Lawyers seeking $5.6 billion for challenging Elon Musk’s $55.8 billion pay package were awarded $345 million. Musk’s bid to reinstate the pay was denied, a win for Tesla shareholders.
🔵Powered by V3V Ventures
❗️UnitedHealth CEO Shot in Midtown
Brian Thompson, CEO of UnitedHealthcare, the largest private health insurer in the U.S., was fatally shot in midtown Manhattan on Wednesday morning.
The company canceled its investor day following the incident.
🔵Powered by V3V Ventures
JUST IN: Citadel CEO Ken Griffin says he regrets not buying crypto a few years ago.
🔵Powered by V3V Ventures
JUST IN: Virgin Voyages becomes the first cruise line to accept Bitcoin for payments.
🔵Powered by V3V Ventures
💎BlackRock Bets Big on Private Credit
BlackRock is acquiring HPS Investment Partners for $12 billion, boosting its private credit assets to $220 billion. The deal, set to close by mid-2025, capitalizes on the booming private credit market.
🔵Powered by V3V Ventures
⚠️Market Shake-Up: US Steel & Tesla Hit Headlines
US Steel shares dropped as Trump vowed to block its sale to Japan's Nippon Steel. Tesla plans to appeal a court’s rejection of Elon Musk’s $56 billion pay package.
🔵Powered by V3V Ventures
📊S&P 500 to Hit 6,666 in 2025, BofA Predicts
Bank of America forecasts the S&P 500 will reach 6,666 by 2025, driven by 2.4% GDP growth and a shift to large-cap value stocks. The rally is expected to broaden beyond Big Tech to other sectors like financials and materials.
🔵Powered by V3V Ventures
📌📈Intel CEO Pat Gelsinger Retires, Stock Rises
Pat Gelsinger retired as Intel CEO on Dec. 1 after over three years of turnaround efforts. The board, losing confidence, made the decision privately, notifying leadership only a day before.
Intel shares jumped 3% on the news.
🔵Powered by V3V Ventures
Traders Now See An 85% Chance Of A Fed Rate Cut In December Vs 67% Before The Jobs Report.
🔵Powered by V3V Ventures
Buffett Bets on Kroger Amid Merger Moves
Kroger missed sales expectations and paused stock buybacks to focus on its Albertsons merger, narrowing its 2024 profit forecast.
Warren Buffett’s Berkshire Hathaway recently boosted its stake to 50 million shares, showing confidence despite the hurdles.
🔵Powered by V3V Ventures
JUST IN: $450,000,000 liquidated from the cryptocurrency market in the past 60 minutes.
🔵Powered by V3V Ventures
🇺🇸 President-elect Trump congratulates Bitcoin holders on surpassing $100,000
🔵Powered by V3V Ventures
JUST IN: Michael Saylor's MicroStrategy Bitcoin investment surpasses $18 billion profit.
🔵Powered by V3V Ventures
Tech Stocks Soar as Fed Hints at Rate Cut
Tech giants like Amazon, Apple, and Nvidia powered the Nasdaq up 1% on Wednesday. Investors cheered Fed Chair Powell’s signal that a December rate cut is likely.
🔵Powered by V3V Ventures
JUST IN: 🇺🇸 FED Chair Jerome Powell says Bitcoin "is a competitor with Gold, not the US Dollar."
🔵Powered by V3V Ventures
BREAKING: 🇺🇸 President-elect Trump officially selects pro-crypto Paul Atkins to replace Gary Gensler as SEC Chair.
🔵Powered by V3V Ventures
JUST IN: 🇷🇺 Russia's President Putin says Bitcoin & digital assets will continue to develop.
🔵Powered by V3V Ventures
JUST IN: $443 million liquidated from the cryptocurrency market in the past 12 hours.
🔵Powered by V3V Ventures
📉Won Plunges After Emergency Alert
South Korea’s won on Tuesday fell sharply against the U.S. dollar shortly after President Yoon Suk Yeol declared a state of emergency.
The U.S. dollar was last seen trading up 1.9% against the won, which notched a fresh two-year low on the news.
🔵Powered by V3V Ventures
JUST IN: Coinbase now allows users to purchase cryptocurrency with Apple Pay.
🔵Powered by V3V Ventures
🚨Stellantis CEO Quits Amid Stock Slump
Stellantis, the maker of Chrysler, Jeep, Fiat and Peugeot among other brands, announced on Sunday that embattled CEO Carlos Tavares has resigned.
Stellantis battles a 40% stock drop, falling U.S. sales, and €10 billion in forecasted losses.
🔵Powered by V3V Ventures