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Tesla’s Cybertruck Is Not Coming To China Anytime Soon: Report
EV giant Tesla’s China team has reportedly denied that the Cybertruck will be brought to China via official channels anytime soon, laying rumors otherwise to rest. read more
Michael Saylor Says MARA On The ‘Bitcoin Standard’ As Company Doubles Market Cap, Stock Price In Last 3 Months
MARA Holdings Inc. (NASDAQ:MARA) more than doubled its market valuation over the last three months, powered by gains in the apex cryptocurrency and its gradual pivot toward the Bitcoin (CRYPTO: BTC) “Standard.” read more
Cathie Wood-Led Ark’s Prediction: AI Will Turn Digital Wallets Into $9 Trillion E-Commerce Powerhouses — Google, Amazon Dominance Set For Disruption?
ARK Invest said in November that artificial intelligence-powered digital wallets could revolutionize e-commerce, potentially driving nearly $9 trillion in global online spending by 2030 through the integration of Large Language Models into payment platforms. read more
Can Your Bitcoin Be Confiscated If Trump Establishes A National Reserve? Analyst Says Government Can Employ Carrot-And-Stick Policy
The expectations of a U.S. strategic Bitcoin (CRYPTO: BTC) reserve have skyrocketed following Donald Trump’s presidential victory, with the cryptocurrency sector firmly behind the ambitious idea. read more
Federal Reserve’s Christopher Waller Signals December Rate Cut, Predicts Inflation’s ‘Downward Path To 2%’
On Monday, Dec. 2, 2024, Federal Reserve Governor Christopher Waller indicated he is “leaning toward” supporting an interest rate cut at the central bank’s December meeting while acknowledging recent inflation data has raised concerns about price pressures stalling above the Fed’s 2% target. read more
Crypto Themed After Baby Hippo ‘Moo Deng’ Leaves Dogecoin, Shiba Inu In The Dust, Zooms 84% After Coinbase Announces Listing Plans
Meme coin inspired by adorable baby hippo “Moo Deng” skyrocketed on Monday after America’s largest cryptocurrency exchange Coinbase added it to its listing roadmap. read more
Peter Schiff Says The Bitcoin Reserve Bill Gets Plenty Of Attention, But Not On Capitol Hill — Questions Lack Of Co-Sponsors
Renowned economist Peter Schiff, on Monday, questioned the government’s plans to set up a strategic Bitcoin (CRYPTO: BTC) reserve, pointing out the lack of support in Congress. read more
Tom Lee Predicts S&P 500 To Reach 6,300, Bitcoin To Break $100K By Year-End, Says Trump’s Tariffs Can Be Effective ‘Negotiating Tools’
On Monday, Tom Lee, Chief Investment Officer at Fundstrat Capital, predicted that the S&P 500 tracked by SPDR S&P 500 (NYSE:SPY) will rally to 6,300 by year-end, citing favorable market conditions read more
Trump Says He Will Make US Steel ‘Great Again’ Through Tariffs, Cautions Nippon Steel: ‘Buyer Beware!’
On Monday, Dec. 2, 2024, Trump opposed Nippon Steel’s $14.1B bid for U.S. Steel, pledging tariffs and tax incentives to block the deal and bolster domestic industry. read more