Category: billion

  • $1 Billion Crypto Fund Agaisnt FUD Annouced By Justin Sun

    Amid the crypto market downturn, rumors emerged that Tron founder Justin Sun’s positions had been liquidated. Sun denied the rumors and criticized the fear, uncertainty, and doubt in the community, pledging to create a fund to help the industry. Justin Sun denies liquidation rumors Over the weekend, the cryptocurrency market…

  • $1 Billion Crypto Fund Agaisnt FUD Annouced By Justin Sun

    Amid the crypto market downturn, rumors emerged that Tron founder Justin Sun’s positions had been liquidated. Sun denied the rumors and criticized the fear, uncertainty, and doubt in the community, pledging to create a fund to help the industry. Justin Sun denies liquidation rumors Over the weekend, the cryptocurrency market…

  • $1 Billion Crypto Fund Agaisnt FUD Annouced By Justin Sun

    Amid the crypto market downturn, rumors emerged that Tron founder Justin Sun’s positions had been liquidated. Sun denied the rumors and criticized the fear, uncertainty, and doubt in the community, pledging to create a fund to help the industry. Justin Sun denies liquidation rumors Over the weekend, the cryptocurrency market…

  • Grayscale ETH ETF Outflows Hit $2 Billion As Ethereum Price Struggles Below $3,000

    Ethereum’s price performance has been a major concern for investors over the past few weeks, as it has continued to trend downward. What makes the coin’s struggles even more worrying is that it has shown no signs of relief despite the recent launch of Ethereum-specific exchange-traded funds (ETFs) in the…

  • Grayscale ETH ETF Outflows Hit $2 Billion As Ethereum Price Struggles Below $3,000

    Ethereum’s price performance has been a major concern for investors over the past few weeks, as it has continued to trend downward. What makes the coin’s struggles even more worrying is that it has shown no signs of relief despite the recent launch of Ethereum-specific exchange-traded funds (ETFs) in the…

  • Berkshire halves Apple stake, boosts cash to $277 billion even as operating profit sets record By Reuters

    By Jonathan Stempel (Reuters) – Warren Buffett appears to be getting a kick out of stocks, allowing Berkshire Hathaway Inc’s cash pile to soar to nearly $277 billion and selling about half his stake in Apple Inc, even as the company posted record quarterly operating profit. Berkshire’s results suggest that…

  • Warren Buffett’s Berkshire Hathaway dumps $75.5 billion worth of stock

    Berkshire Hathaway Inc. cut its stake in Apple Inc. by about 50% as part of a massive second-quarter selling spree that has left billionaire Warren Buffett’s cash pile at a record $276.9 billion. Berkshire Hathaway, based in Omaha, Nebraska, said Saturday that it sold $75.5 billion worth of shares during…

  • Hawaiian Electric, others agree to $4 billion Maui wildfire settlement By Reuters

    (Reuters) – Hawaiian Electric Industries Inc said on Friday it is among defendants who have agreed to pay $4 billion to settle lawsuits related to deadly wildfires on Maui. The island’s utility and its parent company, Hawaiian Electric, are responsible for paying $1.99 billion of the pre-tax amount, which includes…

  • Win for Moi estate as Supreme Court overturns Sh1 billion payout

    The Supreme Court has overturned a Court of Appeal ruling that ordered the estate of former President Daniel Moi and businessman Jaswant Rai to pay more than Sh1 billion to an Eldoret family for allegedly seizing their land in 1983. The family of Noah Chilugwe, the former leader who died…

  • USDT Issuer Tether Reports Record Profits Of $5.2 Billion, Why This Is Good For Bitcoin

    The largest issuer of stablecoins, TetherThe company recently announced record net profit for the first half of this year. This is undoubtedly a positive thing for the company. Bitcoinconsidering the company’s commitment to pooling the leading cryptocurrency with some of those profits. Tether posts $5.2 billion net profit Tether was…

  • Japan spent $36.8 billion in July intervention, official data shows By Reuters

    By Kevin Buckland TOKYO (Reuters) – Japanese authorities spent 5.53 trillion yen ($36.8 billion) intervening in the foreign exchange market this month to lift the yen from a 38-year low, official data showed on Wednesday. The Finance Ministry figures confirmed the doubts of traders and analysts following the sharp rise…

  • Bitcoin Open Interest Taps New $39.5 Billion ATH, What’s Next For Price?

    Bitcoin’s open interest is a good indicator of how investors view the cryptocurrency and the bets they are making. That’s why hitting an all-time high is such a big deal, and it has huge implications for the market. Once again, Bitcoin’s open interest has hit a new record high, and…

  • Bitcoin Open Interest Taps New $39.5 Billion ATH, What’s Next For Price?

    Bitcoin’s open interest is a good indicator of how investors view the cryptocurrency and the bets they are making. That’s why hitting an all-time high is such a big deal, and it has huge implications for the market. Once again, Bitcoin’s open interest has hit a new record high, and…

  • High-Flying QXO Erases $36 Billion in Paper Value in Minutes

    (Bloomberg) — QXO Inc., which boasted an implied valuation of more than $90 billion at one point last week, hurt some investors late Monday when its thinly traded shares fell sharply. Most Read from Bloomberg Shares of the investment firm built by Brad Jacobs plunged 81% to $11.25 each in…

  • $2.2 Billion Flows into Ethereum ETFs in the Past Week, Coinshares Reveals

    Ethereum exchange-traded funds (ETFs), which debuted in the United States last week, have created a buzz in the cryptocurrency market with large inflows into the products. According to a recent study a report According to CoinShares, the emergence of these spot ETFs has attracted $2.2 billion, marking a pivotal moment…

  • $2.31 Billion Set To Flood Market

    Image from https://digicentralized.com/ The cryptocurrency world is set to see a flurry of activity as a staggering $2.31 billion worth of digital crypto assets are set to hit the market in the next 30 days. This unprecedented influx of tokens or cryptocurrencies from some of the industry’s biggest players is…

  • $2.31 Billion Set To Flood Market

    Image from https://digicentralized.com/ The cryptocurrency world is set to see a flurry of activity as a staggering $2.31 billion worth of digital crypto assets are set to hit the market in the next 30 days. This unprecedented influx of tokens or cryptocurrencies from some of the industry’s biggest players is…

  • Cardano Recovery Imminent? Whales Make Their Move With 17 Billion ADA

    Cardano has reached an important milestone with the impending Chang’e hard fork. This pivotal moment comes after Her latest upgrade Node validation program before the upgrade goes live. As the Cardano ecosystem prepares for this major update, the network is seeing a surge of activity that could set its course…

  • Cardano Recovery Imminent? Whales Make Their Move With 17 Billion ADA

    Cardano has reached an important milestone with the impending Chang’e hard fork. This pivotal moment comes after Her latest upgrade Node validation program before the upgrade goes live. As the Cardano ecosystem prepares for this major update, the network is seeing a surge of activity that could set its course…

  • Ethereum Open Interest Rises By $1.5 Billion, What This Means?

    Simelor Valeti is a cryptocurrency writer who specializes in journalism and content creation. Although he started out writing on a variety of topics, Simelor quickly developed a knack for navigating the complexities and intricacies of the exciting world of blockchain and cryptocurrencies. Simelor is drawn to the efficiency of digital…