Bitcoin stalls below $100,000 as XRP and TRON flash bearish signals
It remains to be seen how the cryptocurrencies will perform in 2025, but experts offer clues.
Crypto’s $205 Billion Stablecoin Market Set to Go Mainstream
(Bloomberg) -- While Bitcoin’s surge above $100,000 captivated the headlines in 2024, many financial firms were more focused this year on a different type of cryptocurrency whose price is never meant to rise — or fall for that matter. Most Read from BloombergDetroit’s Michigan Central Is the Building Revival Story of 2024Burned Out Parents Need Better Public SpacesMake a Transit-Oriented New Year’s ResolutionMainstream players such as Visa, PayPal Holdings Inc., Stripe Inc. and others are making
Inogen Expands U.S. Market with FDA Clearance
The latest announcement is out from Inogen ( (INGN) ). Inogen, Inc. announced that it has received FDA 510(k) clearance for its Simeox 200 device, designed to enhance airway clearance and improve bronchial drainage for patients with chronic respiratory diseases. The clearance allows Inogen to expand its market reach in the U.S. and requires the company to make a $13 million milestone payment as part of a previous agreement. This development signifies a step forward in Inogen’s efforts to introdu
How To Earn $500 A Month From Alphabet Stock
Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) shares closed slightly lower on Monday. At a strategy meeting featuring Alphabet executives, CEO Sundar Pichai addressed key 2025 topics, including artificial intelligence, competition and regulatory pressure. “The stakes are high,” Pichai said at the Dec. 18 gathering, as reported by CNBC. “I think 2025 will be critical. I think it’s really important we internalize the urgency of this moment and need to move faster as a company.” On Dec. 23, B of A Sec
Genius Group Boosts Bitcoin Holdings Amid Strong BTC Yield Performance
Genius Group Limited ( (GNS) ) has shared an announcement. Genius Group Limited has increased its Bitcoin holdings by 50% to $30 million, as part of its ambitious ‘Bitcoin-first’ strategy. The company reported a significant BTC Yield of 1,649% in Q4 2024, demonstrating a strong performance in its Bitcoin Treasury strategy. Despite achieving a high BTC Yield, the company’s CFO noted that the Bitcoin performance is not fully reflected in its share price. Genius Group plans to report its Bitcoin Tr
Tesla stock surge runs up against a potential annual sales drop
(Bloomberg) -- For all the exuberance about Tesla Inc. benefiting from Donald Trump’s return to the White House, Wall Street isn’t so sure the carmaker can avoid its first annual sales decline in over a decade.Most Read from BloombergMigrant Crisis Pushed US Homelessness to Record High in 2024Analysts surveyed by Bloomberg are estimating the company may deliver around 510,400 vehicles in the final three months of the year. That would set a new quarterly record for Tesla, but the company would ne
French Stocks Stand Out With 2024 Loss as Political Risk Weighs
(Bloomberg) -- French stocks stand out as losers among major peers after a year of political upheaval, ending 2024 with a loss while most European and US benchmarks notched double-digit gains. Most Read from BloombergDetroit’s Michigan Central Is the Building Revival Story of 2024Migrant Crisis Pushed US Homelessness to Record High in 2024The CAC 40 index declined 2.2% this year, compared with gains of 19% for Germany’s DAX, 15% for Spain’s IBEX, and 13% for Italy’s FTSE MIB. When President Emma
Nano Labs subsidiary to launch bitcoin business
Nano Labs (NA) announced that the Company has officially renamed its wholly-owned subsidiary Tsuki HK Limited to Nano bit HK Limited. Following this strategic rebranding, Nano bit HK Limited is expected to develop Bitcoin-related businesses and initiatives within the Bitcoin ecosystem, marking a significant milestone in the Company’s global technological innovation and ecosystem strategy. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try No
Genius Group increases bitcoin treasury to $30M
Genius Group (GNS) Limited had increased its Bitcoin purchases for its Bitcoin Treasury by an additional $10 million to 319.4 Bitcoin for $30 million, at an average price of $93,919 per Bitcoin. The total purchase of $30 million of Bitcoin has been made within six weeks of the Company’s announcement on November 12 of its “Bitcoin-first” strategy that it is committing 90% or more of its current and future reserves to be held in Bitcoin, with an initial target of $120 million in Bitcoin. The miles
Zuckerberg is cashing in on Meta’s record stock price with fresh share sales
Facebook’s founder and CEO has sold a record of more than $2 billion of Meta’s stock this year.