Category: billion
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Why Bitcoin Price Stagnated Despite $2 Billion Inflow Through Bitcoin ETF And What Does It Imply For Bitcoin In The Long Term
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The cryptocurrency market has been the subject of intense interest and scrutiny in recent years, with Bitcoin (BTC) emerging as a major digital asset. The current Bitcoin price prediction, which reflects recent price trends and selected current price data, has been a focal point for many analysts. Despite growing institutional…
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Yen weakness persists despite Tokyo’s $62 billion intervention By Reuters
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By Tetsushi Kajimoto TOKYO (Reuters) – Japanese authorities spent 9.79 trillion yen ($62.23 billion) intervening in the foreign exchange market to support the yen over the past month, moves that prevented the currency from testing new lows but are unlikely to reverse long-term declines. Finance Ministry data released on Friday…
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$18 Billion in Crypto Moves to New Risky Re-Staking Platforms
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More than $18 billion worth of cryptocurrency has shifted to a new platform type offering rewards for locking up tokens, a scheme that analysts warn poses significant risks for users and the broader crypto market. The increasing popularity of “re-staking” highlights the rising risk appetite in crypto markets as prices…
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Bitcoin (BTC) Welcomes $100 Billion Wave From New Mega Whales By U.Today
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U.Today – In a recent This large influx of high-net-worth individuals and institutional investors represents a significant development for the cryptocurrency, reflecting growing confidence in Bitcoin’s long-term potential. Bitcoin whales are typically defined as individuals or entities holding large amounts of Bitcoin with an addition in this category of addresses…
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Tesla shareholder sues Musk for alleged $7.5 billion insider trading By Reuters
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(Reuters) – A Tesla (NASDAQ:) shareholder filed a lawsuit on Thursday accusing CEO Elon Musk of insider trading when he sold more than $7.5 billion in shares of the electric car maker in late 2022, saying the businessman… The billionaire sold the stock before it was disappointing. Production and delivery…
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Top proxy adviser ISS recommends against Tesla CEO Musk’s ‘excessive’ $56 billion pay By Reuters
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Written by Ross Kerber (Reuters) – Top proxy advisory firm ISS recommended that Tesla (NASDAQ:) shareholders vote against ratifying CEO Elon Musk’s $56 billion pay package, calling the compensation excessive and rejecting the plan drawn up by the electric car maker’s board. In a report sent by a representative late…
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Gemini to repay Earn customers $2.18 billion
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Gemini Earn users will receive three times the value of assets locked in the disaster lending product with FTX and Genesis. On Wednesday, cryptocurrency exchange Gemini Announce It plans to repay creditors $2.18 billion worth of cryptocurrencies. The in-kind payment represents a 232% recovery for Earn users who were previously…
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Google to invest $2 billion in data centre and cloud services in Malaysia By Reuters
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KUALA LUMPUR (Reuters) – Google will invest $2 billion in Malaysia to develop its first data center and Google Cloud region in the country, the unit of Alphabet Inc (Nasdaq) said on Thursday, the latest in an expansion wave for global technology companies. To Southeast Asia. The government said the…
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Gemini customers get back over $2 billion in crypto from Genesis bankruptcy By Reuters
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Written by Dietrich Knuth NEW YORK (Reuters) – Bankrupt cryptocurrency bank Genesis and cryptocurrency exchange Gemini have returned more than $2 billion in cryptocurrencies to 232,000 retail customers in their jointly managed Gemini Earn program, giving customers a 242% return on assets locked since January 2023, they said. Gemini reported…
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$2.9 Billion In Mt. Gox Bitcoin On The Move For The First Time In 5 Years, Where Is It Headed?
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Mount Gox, a bankrupt Bitcoin exchange based in Shibuya, Tokyo, Japan, carried out a large-scale Bitcoin transfer to several unknown wallets. The move has spooked the wider cryptocurrency market, raising concerns about the potential Selling pressure. Mt Gox transfers over $2.9 billion worth of Bitcoin On May 27, blockchain analytics…
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U.S. Treasury auctions off $70 billion of five-year notes at a high yield of 4.553%
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High yield 4.553% WI level at option time 4.540% Tail: +1.3 basis points versus six averages. -0.1 pressure point Bid to cover: 2.3X versus a six-month average of 2.41X Traders: 19.52% vs. six-month average of 16.0% Direct: 15.44% vs. six-month average of 17.9% Indirect investments: 65.04% vs. six-month average of…
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HTX Surpasses Coinbase with $2.4 Billion Spot Trading Volume Surge
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Panel discussion on “Regulation, Trust and the Future of Trade in Africa” Panel discussion on “Regulation, Trust and the Future of Trade in Africa” Panel discussion on “Regulation, Trust and the Future of Trade in Africa” Panel discussion on “Regulation, Trust and the Future of Trade in Africa” Panel discussion…
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Tesla shareholders advised to reject Musk’s $56 billion pay
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(Reuters) – Dealer consulting firm Glass Lewis said on Saturday it had urged Tesla Inc shareholders to reject a $56 billion pay package for CEO Elon Musk, which if passed would be the largest pay package for a U.S. corporate CEO. The report cited reasons such as the “excessive size”…
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Tesla shareholders advised to reject Musk’s $56 billion pay By Reuters
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(Reuters) – Consulting firm Glass Lewis said on Saturday it had urged Tesla (NASDAQ:) shareholders to reject a $56 billion pay package for CEO Elon Musk, which if passed would be the largest pay package for a CEO in corporate America. The report cited reasons such as the “excessive size”…
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Bitcoin Whales Buy Up $1.4 Billion Worth Of BTC Amid Heightened Volatility
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Bitcoin whales They continue to show their resilience and unwavering bullish trend on the flagship cryptocurrency. This category of investors has Accumulated A large amount of cryptocurrencies in the past seven days amid increasing volatility in Bitcoin price. Bitcoin whales accumulate $1.4 worth of BTC Data From the market information…
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CEO at $14 billion electronics firm can’t talk about his resignation following an internal investigation
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Following a four-week internal investigation into the $14 billion electronics maker Jabil, CEO Kenneth “Kenny” Wilson abruptly resigned a year after being named at the helm of a major supplier to Apple, Cisco and General Motors. . Upon his exit as CEO last week, Wilson agreed to a set of…
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CEO at $14 billion electronics firm can’t talk about his resignation following an internal investigation
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Following a four-week internal investigation into the $14 billion electronics maker Jabil, CEO Kenneth “Kenny” Wilson abruptly resigned a year after being named at the helm of a major supplier to Apple, Cisco and General Motors. . Upon his exit as CEO last week, Wilson agreed to a set of…
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National Grid’s £7 Billion Fundraising Sparks Market Turmoil
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More than £6 billion has been wiped from the energy and water sectors on the London stock market after National Grid revealed plans for a major fundraising effort and fears that the upcoming election could delay energy policy decisions. The FTSE 100 company has announced a rights issue worth almost…
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New York Attorney General Reaches $2 Billion Settlement with Genesis Global
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New York Attorney General Letitia James announced on Monday that her office has obtained a $2 billion settlement with bankrupt cryptocurrency company Genesis Global. The agreement comes in response to allegations that Genesis defrauded investors, including tens of thousands of New Yorkers. $2 billion settlement In a post on social…
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New York Attorney General Reaches $2 Billion Settlement with Genesis Global
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New York Attorney General Letitia James announced on Monday that her office has obtained a $2 billion settlement with bankrupt cryptocurrency company Genesis Global. The agreement comes in response to allegations that Genesis defrauded investors, including tens of thousands of New Yorkers. $2 billion settlement In a post on social…