Analysts see Bitcoin at $100,000 soon
May 8, 2025
Chia Network Eyes 2021 IPO As Valuation Hits $500 Million
Blockchain platform Chia Network Inc. is planning to go public as soon as this year after more than doubling its valuation in its last fundraising, according to Fortune. President and...
Read moreHow Bitcoin Mining Is Softening The Blow Of U.S. Sanctions On Iran
Iran has turned to crypto mining as a lifeline to temper the effects of the sanctions imposed by the United States, Independent reported. According to Elliptic, Iran now accounts for...
Read moreCathie Wood Says Rotation To Value Stocks Will Be More Evident Next Six Months
ARK Invest Chief Cathie Wood believes the rotation from growth into value stocks will become more apparent in the next six months, Seeking Alpha reported. In a note, Wood said...
Read moreFederal Reserve Officials Reiterate Belief That Inflation Uptick Is Temporary
Officials of the U.S. Federal Reserve believe inflation could see an uptick in the coming months but reiterated that this is temporary, according to Bloomberg Quint. Governor Lael Brainard said...
Read moreNorth America Semiconductor Equipment Billings Surge 49.5% In April
Semiconductor equipment billings for North America posted record growth for the fifth consecutive month in April, SEMI reported. The Equipment Market Data Subscription (EMDS) report said worldwide billings stood at...
Read more‘Charlie Bit My Finger’ Video To Leave YouTube After $760,000 Sale
The "Charlie bit my finger" video will be wiped off of popular video streaming site YouTube after being sold in an auction for $760,000, Forbes reported. The video was auctioned...
Read morePalantir Boosts Partnership With Space Force in a $32.5 Million Deal
Palantir Technologies Inc. will provide its software to the United States Space Force and Air Force for a firm-fixed-price award of $32.5 million, the company announced in a statement. The...
Read moreBitcoin Selloff Could Last Longer, Wall Street Strategists Say
The world's largest digital coin could continue to slide as the selloff is not yet definitively over, Bloomberg reported. For JPMorgan Chase & Co., it is still too early to...
Read moreETH Gains Ally in U.K. Parliament Member — Tom Tugendhat
Foreign Affairs Committee Chairman Tom Tugendhat said he was bullish on Ether rather than Bitcoin, which is currently the top digital coin across the globe. Tugendhat, in a speech, said...
Read moreU.S. Treasury Wants to Set a 15% Floor for Global Corporate Tax Rate
Global corporate tax rates should have a bottom line of 15% be pushed higher moving forward, the United States Treasury proposed in a statement. The Treasury said the 15% rate...
Read moreOatly Group Prices IPO At Top End Of Range To Hit $10 Billion Valuation
Celebrity-backed oat-milk maker Oatly Group AB priced its initial public offering at the top end of its range to bring the company's valuation to $10 billion, the WSJ reported. Oatly...
Read moreWhy Hedge Funds Are Pouring More Funds Into Private Companies
Hedge funds are putting in more money in private companies as profits grow rapidly and more firms are going public, the WSJ reported. Schulte Roth & Zabel LLP Partner Jason...
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