November 11, 20240 Comments

Cryptocurrency-exposed stocks surge as Bitcoin rallies past $82,000 for first time By Investing.com

Investing.com – hit a new all-time high above $82,000 with cryptocurrency-exposed stocks skyrocketing in a clear sign that investors are betting on even bigger gains. The rally comes after U.S. elections saw a wave of pro-crypto candidates taking office, fueling optimism in the market. Excitement around bitcoin rally triggered gains even before the official market opening, which reflects strong buying interest among crypto investors. Leading the way was MicroStrategy Incorporated

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November 11, 20240 Comments

SpaceX launches 21 Starlink satellites, but rocket’s first stage crashes on landing barge

After standing down from the piloted Polaris Dawn launch late Tuesday, SpaceX shifted gears and pressed ahead with plans for back-to-back launches of Starlink internet satellites early Wednesday, one from Florida and the other from California. But the second flight was called off after the first stage used in the Florida launch toppled into the Atlantic Ocean and broke apart while attempting to land on a SpaceX droneship stationed several

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November 11, 20240 Comments

Crypto Stocks Coinbase, Marathon, MicroStrategy Shoots As Bitcoin Hits $82K

Crypto stocks such as Coinbase (COIN), MicroStrategy (MSTR) and Robinhood (HOOD) saw impressive gains as Bitcoin soared to a new all-time high of $82,000. The surge in Bitcoin price also ignited a rally in BTC mining stocks such as Marathon Digital (MARA) as high as 20% in pre-market hours on Monday. Crypto Stocks MicroStrategy, Coinbase Rise on Bitcoin Surge Analysts expect substantial inflows of $10-15 billion in MicroStrategy from index

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November 11, 20240 Comments

MicroStrategy Buys Additional 27,200 BTC For $2B

MicroStrategy has announced that it has acquired more Bitcoin for $2 billion and now holds 279,420 BTC. This comes amid the Bitcoin price reaching new highs, which puts its Bitcoin investment in unrealized profit of over $10 billion. Meanwhile, the MSTR stock surged 8% on the back of this announcement from the company. MicroStrategy Acquires 27,200 BTC MicroStrategy co-founder Michael Saylor announced in an X post that they had acquired

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November 11, 20240 Comments

Sui Price Reaches New ATH: What’s Next for SUI?

Sui (SUI), a layer-1 blockchain, recently saw a sharp rise in market value, capturing investor interest with its robust performance. SUI has shown a clear bullish trend, hinting at the potential for further gains and approaching a new all-time high. November has been a standout month for SUI, with the bullish momentum only gaining strength, reflecting increasing confidence and demand in the market. New ATH for Sui Price: Will the

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November 11, 20240 Comments

Best buyers’ markets in Canadian real estate — for now

Breadcrumb Trail Links News Listings outpace demand in Toronto and Vancouver Published Nov 11, 2024  •  4 minute read You can save this article by registering for free here. Or sign-in if you have an account. Of the 26 Canadian housing markets Zoocasa included in the study 12 or 46 per cent remain sellers’ markets, eight are buyers and six are balanced. Photo by Victor J. Blue/Bloomberg Article content If

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November 11, 20240 Comments

Tesla, Coinbase, Cisco Systems and more

Check out the companies making headlines before the bell. Tesla — The electric vehicle stock popped 7% and looked poised to build on last week’s 29% surge. The Elon Musk-run company has rallied on the heels of Donald Trump’s presidential victory, topping $1 trillion in market value on Friday as investors bet the company will benefit under the new administration. Crypto stocks — Stocks tied to cryptocurrencies rallied, with bitcoin

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November 11, 20240 Comments

Silicon Valley’s General Catalyst makes first investment into Saudi Arabia

Silicon Valley venture capital firm General Catalyst has made its first investment in Saudi Arabia through fintech startup Lean Technologies, which just closed a Series B round worth $67.5 million. General Catalyst has $30 billion in assets under management and has backed major U.S. tech companies like Snap, Stripe and AirBnb. Lean Technologies’ fundraising round also saw participation from Bain Capital Ventures, Stanley Druckenmiller’s Duquesne Family Office, and Arbor Ventures, among

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