MicroStrategy’s $1.1 Billion Bitcoin Acquisition Sparks Stock Drop What Happened? MicroStrategy (NASDAQ: MSTR) is making headlines once again, but this time the news isn’t quite as positive as usual. Despite announcing a monumental $1.1 billion Bitcoin acquisition, the company’s stock is down 5% in pre-market trading. This latest purchase adds a whopping 10,100 BTC to…
Chinese Startup’s $6M Product Raises Doubts About Sustainability of Western Artificial Intelligence Boom The Rise of Chinese AI Startups In recent years, China has emerged as a major player in the global artificial intelligence (AI) industry. Chinese startups have been rapidly developing cutting-edge AI technologies and attracting significant investments to fuel their growth. One such…
Robert Kaplan Discusses Fed’s Inflation Fight and Economy Outlook Introduction Robert Kaplan, Vice Chairman of Goldman Sachs and former Dallas Fed President, recently appeared on ‘Squawk Box’ to share his insights on the Federal Reserve’s current battle against inflation. During the interview, he discussed what to expect from the central bank’s upcoming two-day policy meeting,…
The American Consumer Under Stress The American consumer is currently facing a challenging financial landscape as credit card delinquencies are near a five-year high. This is a concerning trend that is impacting individuals across different income levels, including high earners who are under increasing pressure to manage their finances effectively. Understanding the Impact High levels…
Who doesn’t love incentives? Authorities claim incentivising users with WLD tokens may have influenced their ability to provide free and informed consent. Imagine this: you’re scrolling through your favorite social media platform and suddenly a pop-up appears offering you a chance to earn WLD tokens by participating in a survey. Sounds like a sweet deal,…
Are We Heading for a Rollercoaster Ride with XRP? Losing Support and Facing Uncertainty With XRP losing the $3 support amid a broader cryptocurrency market sell-off, many investors are starting to feel the pressure. The recent downturn has raised concerns about the future of XRP and where it may be heading next. Analyst Predicts a…
DeepSeek: A Game-Changing Chinese AI Chatbot Startup Introduction DeepSeek, a new Chinese AI chatbot startup, has recently caught the attention of Silicon Valley after a surprising launch. The company’s innovative approach to artificial intelligence and chatbot technology has sparked excitement and curiosity in the tech industry. The Rise of DeepSeek Founded by a team of…
Bitcoin: The King of Cryptocurrency Bitcoin receives the lion’s share of attention from crypto investors. Fair enough. The first cryptocurrency to ever be created, Bitcoin has paved the way for the entire digital currency revolution. With its decentralization, security, and limited supply of 21 million coins, it’s no wonder why Bitcoin remains the most popular…
