Financial Insights That Matter In This Story While Bitcoin has achieved a historic milestone of $100,000 and garnered support from prominent leaders like President-elect Donald Trump and Russian President Vladimir PutinMicrosoft (MSFT+0.22%) has yet to decide whether to invest in the cryptocurrency. The tech giant is set to make its decision this Tuesday. Booking.comâs AI […]
Financial Insights That Matter Core Scientific went bankrupt after selling the city of Denton, Texas on a local crypto mine that doubled its energy footprint. Now, emerging from bankruptcy, the company has convinced the city to support its even larger AI supercomputer. By Sarah EmersonForbes Staff Three years agoone of the worldâs largest bitcoin miners […]
Financial Insights That Matter Paytm, through its Singapore unit, has divested its stake in Japanese payments company PayPay to SoftBank for JPY 41.9bn ($278.5m). Paytm Singapore had acquired stock acquisition rights (SARs) in PayPay in September 2020. In a stock exchange filing announcing the move, Paytm parent One97 Communications said that these SARs will now […]
Financial Insights That Matter Bitcoinâs 2024 halving signals a new cycle, with altcoins poised for parabolic growth. Regulatory clarity and rising utility position them as key drivers of crypto adoption. The crypto market operates in well-defined cycles, and all signs point to 2025 being a breakout year for altcoins. Following Bitcoinâs [BTC] 2024 halving, attention […]
Financial Insights That Matter Last week, after Donald Trump announced that he would nominate Paul Atkins, a cryptocurrency advocate, to head the Securities and Exchange Commission (S.E.C.), the price of a Bitcoin topped a hundred thousand dollars, and crypto enthusiasts celebrated. The mood in the crypto markets reminded me of the dot-com boom, along with […]
Financial Insights That Matter Significantly high institutional ownership implies Barratt Redrow’s stock price is sensitive to their trading actions A total of 18 investors have a majority stake in the company with 51% ownership Recent purchases by insiders If you want to know who really controls Barratt Redrow plc (LON:BTRW), then you’ll have to look […]
Financial Insights That Matter Shareholders of Amazon.com, Inc. (NASDAQ: AMZN) have submitted a proposal urging the $2.3 trillion technology conglomerate to consider adding Bitcoin to its balance sheet. The measure, submitted by the National Center for Public Policy Research and slated for discussion at Amazonâs 2025 annual shareholder meeting in April, calls on the companyâs […]
CashNews.co Asset managers have had two accusations levelled at them when it comes to green investing. First, that they are not doing enough to use their influence as investors to tackle climate change. And, second, that they have, in some cases, overstated the green credentials of their funds to benefit from the growing interest in […]
Financial Insights That Matter German lender Deutsche Bank on Monday said it has provided a loan of 91 million euros (about Rs 813 crore) to non-banking financial company SMFG India Credit. It is a three-year sustainability-linked loan which will be deployed by the local arm of Japan’s SMFG for onlending towards small businesses and women […]
Financial Insights That Matter Selling pressure on Bitcoin was rising. A price correction can push BTC down to $95.8k again. After crossing a historic $100k mark, Bitcoin [BTC] witnessed a pullback and dropped near the $98k range. Slowly, the king coin was again approaching the triple digit mark. However, BTC has to face a few […]