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Metaplanet shares surged 21% after its latest purchase of more Bitcoin coincided with US President Donald Trump’s push for a crypto strategic reserve including BTC and four other top cryptos. Metaplanet announced the purchase of an additional 156 BTC worth $13.4 million today, sending its stock soaring ¥700 to ¥4,010 as of 1:17 a.m. EST, according to Google Finance data . Donald Trump yesterday ordered the inclusion of Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA) in a newly planned Crypto Strategic Reserve. Metaplanet Bought BTC For $85,890 Per Coin The recently purchased Bitcoin was bought for around $85,890 per coin. With the latest Bitcoin buy, the firm’s holdings now stand at 2,391 BTC, according to a statement released by the company today. Since April last year, when the investment firm started buying the largest crypto by market cap, Metaplanet has purchased around $196.3 million worth of Bitcoin. The average purchase price for ...

With the arrival of the Chinese startup driving a mass Wall Street sell-off to start the week, DeepSeek AI is set to face a US investigation that could benefit Nvidia (NVDA). Indeed, the AI chipmaker’s stock plummeted as much as 17% Monday. Moreover, the arrival of alternative artificial intelligence saw it lose $600 billion in market cap. The potential investigation is surrounding DeepSeek’s use of Nvidia AI chips, according to a Bloomberg report. Specifically, US officials are looking for answers as to where those semiconductors were purchased through third parties in Singapore. If this were the case, it would violate United States restrictions on the sale of chips for AI product development. Source: Finbold Also Read: Nvidia: DeepSeek Sell-Off Led Retail Investors to Buy $920M in NVDA DeepSeek AI Faces US Probe as Nvidia, OpenAI Look to Bounce Back Amid the ongoing hype and demand, DeepSeek threw a wrench into the AI sector on Monday. It quickly surged in popularity, and ...

eBay stock (EBAY) is on the rise during Wednesday’s trading session following the announcement of a new integration with Meta’s Facebook. Indeed, Meta Platforms Inc. (META) said it is rolling out a new test that will integrate listings from eBay directly on Facebook Marketplace. “Today, we will launch a test in Germany, France, and the US that will enable buyers to browse listings from eBay directly on Facebook Marketplace while completing their transaction on eBay,” Meta said in a statement. By merging listings from two major platforms, Facebook Marketplace aims to enhance user experience. This in turn allows eBay sellers to tap into Facebook’s huge user base. As of September 2024, Facebook has approximately 3 Billion active users worldwide. eBay stock is performing very well as a result of the new integration test. EBAY shares are trading higher by 11.6% at $70.15 at press time. Additionally, the stock was on track for its largest daily percentage increase sinc...

With a Q3 earnings report that underwhelmed in some facets, Advanced Micro Devices (AMD) fell as much as 13% in the last two days, although it hasn’t stopped experts from projecting the company to eventually compete with Nvidia (NVDA). Indeed, the company has increased more than 175% in the last year and has been one of the more dominant stocks. During its most recent earnings call, AMD forecasted between $7.2 billion and $7.8 billion in Q4 revenue. However, analysts’ consensus was situated at $7.55 billion, which would be below the forecast midpoint. That doesn’t change the high hopes that many have for the stock, due to one very important facet. Source: CNBC Also Read: Invested In AMD Stock? Look Out For These Key Drivers AMD The Next NVDA? Why Some Analysts Believe So Throughout the last year, Nvidia has become one of Wall Street’s most dominant stocks. The chipmaker has been propelled by the ongoing AI boom. Indeed, its value in that regard has it eyeing a st...

The prominent investor and author of the best-selling personal finance book, “ Rich Dad Poor Dad ,” Robert Kiyosaki, has been a prominent bear – though a bear with an optimistic spin – on both the U.S. economy and the global economies for a long time. On Thursday, March 21, Kiyosaki took to X to state his opinion that the efforts of the Chinese government – implemented earlier in 2024 – to stabilize its stock market are both foolish and desperate. The author explained that the actual problem facing China’s economy goes beyond the stock market slump that wiped out approximately $7 trillion since 2021, and it is, in actuality, the fact that global consumption has significantly decreased.  Picks for you Cardano adds over 2,000 wallets per day in 2024 57 mins ago What is the best day to buy Bitcoin? 2 hours ago Major sell-off incoming: This crypto will unlock $120 million in tokens 16 hours ago Solar stock shines bright: The ene...

Bitcoin may in line for worse losses in the new year, analysts say, but BTC price action has a least fared better than TSLA. Bitcoin (BTC) circled $16,750 after the Dec. 28 Wall Street open after stocks dragged markets lower. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin analysts stick to downside fears Data from Cointelegraph Markets Pro and TradingView tracked BTC/USD as it recovered from local lows of $16,559 on Bitstamp. After days of barely any movement up or down, Bitcoin finally saw a flicker of action as traditional Markets opened after the Christmas break. Unfortunately for bulls, volatility was to the downside, with BTC/USD seeing its lowest levels since Dec. 20. On equities markets, United States indexes improved after a weak first day, this nonetheless failing to leave much of an impression on BTC commentators, many of whom stuck to grim short-term price forecasts. “I can't stress this enough,” Toni Ghinea wrote in part of a Twitter update on the ...