Meta’s Reality Labs Records $4.4 Billion Loss Amid VR Push
Meta's Reality Labs unit, which develops augmented and virtual reality technologies, logged an operating loss of $4.4 billion in the...
Everything You Need to Know About MicroStrategy’s $42 Billion Bitcoin Plan Announcement
• MicroStrategy announced third quarter 2024 financial results and a $42 billion capital plan to acquire more bitcoin• The company...
Everything You Need to Know About Kraken Exchange’s 15% Job Cut
• American crypto exchange Kraken has laid off staff and hired Arjun Sethi as a new co-CEO alongside David Ripley•...
FTX CEO Seeks Reduced Sentence for Ex-Exec Singh Before Sentencing Today
FTX CEO John J. Ray III sent a letter to Judge Lewis Kaplan asking for leniency in the sentencing of...
Bitcoin Will Likely Peak Between $175K – $460K in the Next 12 Months According to This Technical Indicator
A classic technical analysis tool suggests Bitcoin price will top in the $174,000–$462,000 range within the next 24 months. Bitcoin's...
Polymarket Reportedly Hosting Significant Wash Trading Activity, Motivated by Token Airdrop Farming Rather Than Election Influence
Fortune magazine reported that up to a third of the trading volume on Polymarket, a crypto prediction market, could be...
Reddit Dumps Majority of Bitcoin and Ethereum Holdings; Here is What You Need to Know
Reddit sold the majority of its cryptocurrency portfolio, primarily consisting of Bitcoin and Ethereum, during the third quarter of 2024....
Bitcoin for Pensions? Florida Official Eyes Crypto for State Funds
• Inspired by Trump, Florida Official Eyes State Bitcoin (BTC) Stockpile for Retirees• Citing presidential candidate Donald Trump's remarks on...
Altcoins Will Likely Rally Harder Than Bitcoin After the 2024 Election, Here is Why
Post-election regulatory environment is more important for Ethereum and other altcoins than Bitcoin, according to Bitwise CIO Matt Hougan. A...
Google Faces Astronomical Fine from Russia Over Media Ban
A Russian court has fined Google $20 decillion (20,000,000,000,000,000,000,000,000,000,000,000) for blocking Russian media channels on YouTube, an amount about 200...