Category: bet
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Former BitMEX CEO Arthur Hayes Backs Memecoin PEPE With $250,000 Bet
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This article is also available in Spanish. Arthur Hayes, co-founder and former CEO of cryptocurrency trading platform BitMEX, has recently made headlines with significant investments in the memecoin sector, particularly through his notable purchase of Pepe (PEPE). Hayes’ optimism towards meme currencies has been expressed recently Social media sharing On…
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MicroStrategy’s Bitcoin Bet Pays Off In Multiple Ways As Stock Surges 317%
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This article is also available in Spanish. MicroStrategy was caught in the limelight when it began openly buying Bitcoin in 2020. While it is not the only publicly listed company to do so, the company’s aggressive Bitcoin strategy sets it apart from the rest. Four years later, MicroStrategy is now…
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MicroStrategy’s Bitcoin Bet Pays Off In Multiple Ways As Stock Surges 317%
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This article is also available in Spanish. MicroStrategy was caught in the limelight when it began openly buying Bitcoin in 2020. While it is not the only publicly listed company to do so, the company’s aggressive Bitcoin strategy sets it apart from the rest. Four years later, MicroStrategy is now…
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‘Big Short’ investor Michael Burry bet half of his portfolio on Chinese stocks. It’s finally starting to pay off.
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Popular “big short” investor Michael Burry is cashing in on the recent rally in Chinese stocks. Burry’s Scion Asset Management invests nearly half of its portfolio in Chinese technology giants such as Alibaba. China’s recent stimulus measures, including interest rate cuts, led to higher stock gains. the Chinese stocks rise…
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Analysis-UniCredit’s Orcel takes aim at Europe’s banking borders with Commerzbank bet By Reuters
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By John O’Donnell FRANKFURT (Reuters) – For decades, Andrea Orcel has been the “rainmaker” to whom chief executives turned for advice on the big deals that reshaped the banking landscape. Now, as CEO of UniCredit, the Italian has set himself his biggest test yet — breaking Europe’s deep-rooted political resistance…
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Ripple and Ethereum whales bet big on new crypto contender
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Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only. Donald Trump’s bullish statement on cryptocurrencies has sparked excitement, with big investors flocking to emerging currencies like Intel Markets, which has already sold over 36 million tokens. The crypto market…
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Ripple and Ethereum whales bet big on new crypto contender
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Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only. Donald Trump’s bullish statement on cryptocurrencies has sparked excitement, with big investors flocking to emerging currencies like Intel Markets, which has already sold over 36 million tokens. The crypto market…
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Oil squeezes higher as specs bet heavy against crude
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Oil daily We have seen this pattern several times recently: positioning data released late Friday shows a very negative situation in oil, and on Monday there will be bullish pressure. But unfortunately, the gains didn’t last, at least not recently. There are already signs of that with WTI crude rising…
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Resist the temptation of AI and bet on safe defensive stocks, Wall Street analysts say
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Spencer Platt/Getty Images More analysts are recommending “defensive” stocks over AI stocks as macro conditions change. Utilities, a classic defensive sector, are moving to compete with technology companies. Investors could benefit from non-tech growth companies, one analyst said, as some question the rising price of artificial intelligence. Defensive recommendations have…
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Crypto Millionaire Loses $43 Million In Trading Bet, Rakes Up $132 Million In Debt
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The cryptocurrency industry is known for its volatility and high-risk trading, which can turn disastrous if not managed properly, even for highly experienced crypto traders. One such loss is the case of millionaire James Fickell, who suffered a huge loss in 2011. Bold bet on Ethereum He inflicted heavy losses…
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Trump bet on World LibertyFi is full of red flags: report
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Donald Trump and his sons are mocking the upcoming launch of a new crypto project that promises to leave “slow, old banks behind.” Trump Launches Global Financial Freedom Fund The project, which is set to launch on Monday, September 16, is expected to be another victory for Poly Market participants,…
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Trump bet on World LibertyFi is full of red flags: report
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Donald Trump and his sons are mocking the upcoming launch of a new crypto project that promises to leave “slow, old banks behind.” Trump Launches Global Financial Freedom Fund The project, which is set to launch on Monday, September 16, is expected to be another victory for Poly Market participants,…
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Warren Buffett’s $13 billion bet on Occidental Petroleum turns sour as oil prices hit a 3-year low
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Occidental Petroleum shares have fallen 29% since mid-April, weighing on Warren Buffett’s stake in the company. This decline is in line with a 23% drop in crude oil prices due to concerns about demand and excess supply. Berkshire Hathaway’s $13 billion stake in Occidental Petroleum may be underwater, according to…
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Crypto experts bet big on Toncoin, DTX Exchange and ETH
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Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only. Prominent cryptocurrency experts in the cryptocurrency market are betting on these coins – Toncoin, DTX Exchange, and Ethereum – to make huge gains. The cryptocurrency market is gaining momentum again…
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FIMI cashes in on Bet Shemesh Engines revival
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when FIMI Investment Opportunities Funds buy control of Beit Shemesh Engines In 2016, it is doubtful that anyone could have imagined such a success: a fourfold return on investment in a veteran industrial company founded more than fifty years ago. The return is impressive even by the standards of the…
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Analysis-Euro, now a safer bet, emerges a winner from market turmoil By Reuters
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Written by Sruthi Shankar and Alun John (Reuters) – The euro is trading at its highest level this year against the dollar, emerging as a clear winner from recent turmoil in global currency markets that has destabilized the strong dollar and halted a sustained slide in the Japanese yen. After…
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Will Ethereum Hit $3K in September? Analysts Bet on 80% Odds
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Ethereum may be on the verge of a major breakout, with predictions suggesting it could hit $3,000 in the next month. According to CoinCheckup, a popular cryptocurrency market prediction platform, Ethereum is expected to rise by 51% in the next three months. With such positive expectations, the current price decline…
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Will Ethereum Hit $3K in September? Analysts Bet on 80% Odds
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Ethereum may be on the verge of a major breakout, with predictions suggesting it could hit $3,000 in the next month. According to CoinCheckup, a popular cryptocurrency market prediction platform, Ethereum is expected to rise by 51% in the next three months. With such positive expectations, the current price decline…
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MicroStrategy’s Bitcoin Bet Raise Red Flags As Crypto Prices Drop, Report
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Four years ago, Michael Saylor, co-founder and chairman of MicroStrategy, turned to Bitcoin as a way to invest the company’s surplus cash instead of traditional assets like short-term Treasury bonds. This decision has transformed the software company into the largest company holding the largest cryptocurrency on the market, with Bitcoin…
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MicroStrategy’s Bitcoin Bet Raise Red Flags As Crypto Prices Drop, Report
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Four years ago, Michael Saylor, co-founder and chairman of MicroStrategy, turned to Bitcoin as a way to invest the company’s surplus cash instead of traditional assets like short-term Treasury bonds. This decision has transformed the software company into the largest company holding the largest cryptocurrency on the market, with Bitcoin…