The Crypto Community Reacts to DeepSeek Launch The Rise and Fall of Cryptos The crypto markets have been a rollercoaster of emotions lately. Just when we thought things were looking up, the selling pressure mounted due to the launch of DeepSeek, an innovative AI model. This caused a major sell-off for the majority of cryptocurrencies,…
In Today’s Crypto News MicroStrategy Buys Bitcoin Michael Saylor’s company, MicroStrategy, made waves in the cryptocurrency world by acquiring an additional 10,107 Bitcoins. This massive purchase, valued at $1.1 billion, has increased MicroStrategy’s total holdings to over 470,000 Bitcoins. Saylor, a vocal advocate for Bitcoin, continues to bet big on the digital currency as a…
The XRP Ledger Welcomes Tokenized Version of Short-Term US Treasuries by Ondo Finance Introduction The XRP Ledger (XRPL) is set to welcome a tokenized version of short-term US treasuries offered by Ondo Finance, according to a Tuesday announcement. This integration marks a significant milestone in the world of cryptocurrency and finance, as it signals the…
Japanese Public-Traded Company Metaplanet Following in MicroStrategy’s Footsteps Metaplanet’s Bitcoin Acquisition Plan Recently, the Japanese public-traded company Metaplanet announced that it intends to raise over a hundred billion Japanese yen to purchase a new batch of Bitcoin. Taking inspiration from MicroStrategy’s successful playbook on Bitcoin investment, Metaplanet aims to capitalize on the growing popularity and…
Is Pfizer Stock Truly Undervalued? By: The Financial Jester June 28, 2022 Ahead of next Tuesday’s earnings release, Pfizer seems undervalued based on current price of $26.55 & valuation of $150bn. But is it madness to expect upside? Quite possibly it is. My DCF analysis suggests stock ought to be valued ~$50, but this depends…
Arizona Approves Bitcoin Reserve Bill Arizona Makes History Arizona has made history by becoming the first state in the United States to approve a strategic Bitcoin reserve bill. This groundbreaking decision marks a significant milestone in the recognition and adoption of cryptocurrency in the mainstream financial world. Bitcoin Investment Regulations The Arizona Senate panel has…
Funny Interview with Bank of America Managing Director on GM Earnings Report The Numbers Game General Motors (GM) reported fiscal fourth quarter earnings that exceeded analyst expectations on both revenue and profit fronts; despite this news, GM shares are down by over 10% at the time of this interview’s posting. Bank of America managing director…
The Exciting Future of EFX in Treating Cirrhosis Exciting news has recently emerged in the pharmaceutical world, as a company’s stock surged over 100% following positive results from its phase 2b SYMMETRY study using EFX to treat F4 compensated cirrhosis in patients with MASH. The study showed a significant reversal of cirrhosis, with 39% of…
