Category: billion
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Cardano Whales Move $6 Billion In One Day, Fuel For ADA Price To Reach $0.5?
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This article is also available in Spanish. In an interesting move, Cardano (ADA) rebounded by approx 4% in the past 24 hours, in what appears to be an uptick in activity among senior ADA holders. ADA price started the week on a bearish note and spent most of the week…
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$1.83 Billion Makes Its Way To Exchanges, Is A Bloodbath Coming?
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This article is also available in Spanish. Bitcoin is currently hovering above a major support level, and any minor selling caused by a group of traders is likely to be… Snowballing into a wave of intense selling pressure. this The fragile situation was emphasized According to data from on-chain analytics…
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Argentina Leads Latin America With $91 Billion Crypto Inflows
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With over $90 billion in cryptocurrency flows, Argentina has been declared the leading Latin American cryptocurrency market, dethroning Brazil. The increasing instability and unpredictability of the economy as well as inflation forced the country’s population to explore the decentralized world of cryptocurrencies, instantly making them major players in their region.…
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Dogecoin Price Eyes Fresh Recovery As Whales Load Up 2.07 Billion DOGE In One Week
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the Dogecoin price We may soon see another price surge following the recent accumulation trend from crypto whales. Onchain data shows that these whales bought billions of DOGE tokens in the past week, which could lead to a stimulus High prices For a meme coin above all. Dogecoin price could…
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Equinor acquires $2.5 billion stake in Danish wind giant Orsted
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Equinor ASA has taken a $2.5 billion stake in Danish wind energy giant Orsted A/S, merging one of the Nordics’ largest fossil fuel companies with its largest renewable energy developer. The deal with Equinor represents one of the most notable endorsements for the beleaguered offshore wind industry in years, just…
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Warren Buffett’s BofA stock-selling spree surpasses $10 billion
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Warren Buffett’s group added another zero to its portfolio from a months-long selling spree in Bank of America Corp shares. In its 14th round of disposals, Berkshire Hathaway surpassed $10 billion in gross proceeds from trimming its stake in the second-largest U.S. bank, a regulatory filing showed Monday. Buffett, 94,…
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Activist investor Starboard Value takes $1 billion stake in Pfizer, sources say By Reuters
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(Reuters) – Activist investor Starboard Value has taken a stake worth about $1 billion Pfizer (NYSE:) wants the US pharmaceutical giant to make changes to turn around its performance, sources familiar with the matter said on Sunday. Starboard also reached out to Ian Read, former CEO of Pfizer, and Frank…
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Exclusive-Vista Outdoor strikes deal to sell itself in two parts for $3.4 billion By Reuters
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Written by Anirban Sen and Abigail Somerville NEW YORK (Reuters) – Vista Outdoor (NYSE:) agreed on Friday to sell itself in parts to separate buyers for a total of $3.35 billion, including debt, after fending off a hostile rival that has pursued the sporting goods and ammunition maker for months.…
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Exclusive-Vista Outdoor strikes deal to sell itself in two parts for $3.4 billion By Reuters
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Written by Anirban Sen and Abigail Somerville NEW YORK (Reuters) – Vista Outdoor (NYSE:) agreed on Friday to sell itself in parts to separate buyers for a total of $3.35 billion, including debt, after fending off a hostile rival that has pursued the sporting goods and ammunition maker for months.…
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DeFi TVL (Total Value Loacked) Hits $133 Billion In Sept 24
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September saw a notable upswing in the DeFi TVL space, with the total value locked (TVL) in decentralized finance ecosystems rising to $133 billion — a 10% increase from previous levels. This surge marks a significant boost for the cryptocurrency market, driven by substantial contributions from blockchains like Solana, Base,…
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DeFi TVL (Total Value Loacked) Hits $133 Billion In Sept 24
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September saw a notable upswing in the DeFi TVL space, with the total value locked (TVL) in decentralized finance ecosystems rising to $133 billion — a 10% increase from previous levels. This surge marks a significant boost for the cryptocurrency market, driven by substantial contributions from blockchains like Solana, Base,…
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OpenAI closes $6.6 billion funding haul with investment from Microsoft and Nvidia By Reuters
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By Crystal Ho (Reuters) – OpenAI announced on Wednesday that it has raised $6.6 billion from investors at a post-cash valuation of $157 billion, cementing the ChatGPT maker’s position as one of the world’s most valuable private companies. The funding has attracted returning venture capital investors including Thrive Capital and…
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Burberry brand value plunges nearly $2 billion amid luxury downturn
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Burberry’s brand value has declined in the past year as the company grapples with the dual challenges of a luxury economic downturn and a disastrous internal turnaround plan. Kantar’s annual BrandZ brand value ranking saw Burberry lose nearly $2 billion in brand value compared to 2023. The group was the…
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US Bitcoin ETFs Rake In $1.1 Billion In Biggest Week Since Mid-July
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Photo: BlueTrust The cryptocurrency market has been in a state of volatility in recent months, with investors closely monitoring the performance of various digital assets. One specific area that has received significant attention is the growth of Bitcoin exchange-traded funds (ETFs) in the United States. Spot Bitcoin ETFs this week…
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US Bitcoin ETFs Rake In $1.1 Billion In Biggest Week Since Mid-July
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Photo: BlueTrust The cryptocurrency market has been in a state of volatility in recent months, with investors closely monitoring the performance of various digital assets. One specific area that has received significant attention is the growth of Bitcoin exchange-traded funds (ETFs) in the United States. Spot Bitcoin ETFs this week…
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BlackRock Bitcoin Holdings Surge To Nearly $24 Billion After Latest Purchase
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The world of finance has witnessed a remarkable transformation in recent years, with digital assets such as Bitcoin emerging as a major investment opportunity for institutional players. At the forefront of this shift is BlackRock, the world’s largest asset manager, which has been steadily accumulating Bitcoin and Ethereum in its…
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Exclusive-TPG in lead to buy stake in Creative Planning at $15 billion valuation, sources say By Reuters
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Written by Milana Finn and David French (Reuters) – Buyout firm TPG has emerged as the front-runner to take a $2 billion minority stake in Creative Planning, in a deal that could value the wealth management company at more than $15 billion, people familiar with the matter said on Saturday.…
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Recent hurricanes have caused over $200 billion in damage
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Recent major hurricanes to hit the United States left hundreds dead and caused billions of dollars in damage. Hurricane Beryl – 2024 Hurricane Beryl was the first of the 2024 Atlantic hurricane season, according to National Oceanic and Atmospheric Administration. Exceptionally warm ocean temperatures caused it to strengthen into a…