MicroStrategy’s Stock Overvalued Compared to Bitcoin, Report Shows
In a recent analysis by Kerrisdale Capital, MicroStrategy, a company renowned for its substantial Bitcoin holdings, has come under scrutiny for its stock trading at...
Charlie Munger Shares His Two Cents Amid Turbulent Market Conditions
In a recent interview with the Wall Street Journal, the acclaimed vice chairman of Berkshire Hathaway, Charlie Munger, provided a lot of insightful commentary. His...
Grayscale Bitcoin Trust Dwarfs Nvidia to Realize 220% Gain
Grayscale Investment pulled off another twist to erode the discounted pricing, leaving its shares (GBTC) surging 220% in 2023. A market observer indicated that GBTC...
China’s Central Bank Governor Issues Stringent Regulatory Requirements for Crypto Sector
Pan Gongsheng is the newly appointed governor of the Chinese Central Bank. He recently reiterated the austere stance on the cryptocurrency sector. During the latest...
Hong Kong to Introduce Laws and Guidance for Tokenized Stocks
Hong Kong has been working on becoming the new cryptocurrency hub for some time. The nation is set to issue a detailed legislative framework for...
Market Analysts Upgrade Lululemon Athletica As Buy
The U.S. banking sector crisis, PCE inflation report, and Feds restructuring strategy about the interest rate are the key economic outcomes driving the stock market...
TASE Stock Exchange Will Now Also Offer Digital Currency Trading
The Tel Aviv Stock Exchange (TASE), an entity that operates the only trading platform in Israel, intends to broaden its authorized operations to permit crypto...
Chinese Tech Giants Plans to Cut Off Jobs
According to information, two technological giants in China, Bytedance, and Tencent, are strategizing to implement several job cuts in their ecosystem divisions. One of the...
Stocks Surge Ahead of the Inflation Test in the United States
The yen has strengthened as investors anticipated the Bank of Japan will examine the unintended consequences of its ultra-loose policy. Stocks, on the other hand,...
Federal Reserve’s Interest Rate Hike Boosts Gold Prices: Analysis & Market Impact
The Federal Reserve's recent decision to raise interest rates by 25 basis points has significantly impacted the currency markets. The U.S. dollar saw a sharp...