Traders who bet against Tesla scored nearly $4 billion in gains on Thursday, driven by a dramatic 14% decline in the company’s stock price. The drop followed a public fallout between Tesla
MoreJapanese investment firm Metaplanet has unveiled a bold new strategy to deepen its commitment to Bitcoin. The company announced a $5.4 billion equity raise, aimed at significantly increasing its bitcoin reserves and
MoreMaserati is preparing to launch a revamped business plan shortly after Stellantis appoints its new CEO, Antonio Filosa, later this month. The Italian luxury automaker, which has struggled with losses and lack
MoreA growing number of companies are turning to Bitcoin as a treasury asset, with 61 corporate treasuries now collectively holding 3.2% of the total BTC supply. Standard Chartered revealed these figures in
MoreTesla’s electric vehicle sales in China dropped again in May, marking the eighth consecutive monthly decline. According to the China Passenger Car Association, the company delivered 61,662 locally built Model 3 and
MoreTrade negotiations between the United States and India are gaining momentum, with U.S. Commerce Secretary Howard Lutnick indicating that a final agreement could be on the horizon. Speaking at the US-India Strategic
MoreEthereum’s price could be poised for a significant rally, with analysts pointing to a multi-year fractal mirroring gold’s price structure as evidence of a potential surge to $6,000. A side-by-side comparison of
MoreFederal Reserve Governor Christopher Waller signaled openness to interest rate cuts later in 2025, despite potential inflationary pressures from new tariffs imposed by the Trump administration. Speaking at a conference in Seoul,
MoreA growing number of violent incidents targeting cryptocurrency holders has prompted insurers to develop new protections aimed at digital asset investors. Firms specializing in crypto insurance are now preparing kidnap and ransom
MoreOPEC+ has confirmed a further production increase of 411,000 barrels per day for July, marking the third consecutive monthly hike as the group moves to regain control of the oil market and
More
