Meta’s Virtual Reality Division Took a Major $3.85 Billion Loss in Q1
Meta's Reality Labs unit recorded a $3.85 billion operating loss in the first quarter of 2024, with revenue of $440...
Meta Stock Dumped 12% Due to Weak First Quarter Earnings: Bearish?
Meta reported a 27% increase in revenue and profit more than doubled in the first quarter of 2024. The company...
Everything You Need to Know Ahead of Hong Kong’s Bitcoin and Ethereum ETF Debut
Hong Kong financial regulators have officially approved Bitcoin and Ethereum ETFs to begin trading on April 30th. Six crypto-based ETFs,...
Tesla is Pumping Post Earnings But It Wont Last Long: Here is Why
• The Dow Jones Industrial Average fell 70 points as Tesla's stock rally couldn't sustain the broader market.• Tesla announced...
Samourai Wallet Founders Arrested for Over $100 Million Money Laundering
• U.S. authorities have arrested Keonne Rodriguez and William Lonergan Hill, founders of Bitcoin mixer Samourai Wallet• They are charged...
Meme Coins May See Investments From Major Hedge Funds and Here is Why
Memecoins like Dogwifhat and Baby Doge Coin are making a resurgence, producing massive returns that have attracted interest from hedge...
Bitcoin Could Reach $250,000 by 2028 and Here is Why
• Bitwise CIO Matt Hougan predicts Bitcoin volatility will fall 50% as institutional adoption rises• Hougan reaffirms previous price predictions,...
Binance CEO Could Serve 3 Years in Prison and Here is Why
• DOJ Says Binance Founder Changpeng Zhao Should Spend Three Years in Prison• The DOJ wants Zhao to serve 36...
Bitcoin’s New Inflation Rate of 0.85% Challenges Gold as Top Safe Haven
Bitcoin's inflation rate has dropped below gold's after the latest halving event, making BTC's supply issuance rate lower than gold's...
Bitcoin Could Still Hit $1 Million and Here is Why
Bitcoin and crypto have a bull market ahead of them thanks to fiat money printing, Arthur Hayes predicts. Hayes believes...
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