In a significant development, Norway’s sovereign wealth fund, the world’s largest, said it would oppose ratifying Tesla Chief Executive Elon Musk’s proposed $1 trillion compensation plan, citing concerns about excessive size, shareholder dilution, and the risks tied to Musk’s dominant role at the company. The announcement comes ahead of Tesla’s annual shareholder meeting on Thursday, […]
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Tesla stock fell in early trading on Tuesday as investor uncertainty mounted over Chief Executive Elon Musk’s proposed $1 trillion compensation package. The decline comes just days before shareholders vote on the plan, which has divided major institutional investors and reignited debate over Musk’s influence at the electric-vehicle maker. The stock was down 2.6% at […]
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Digital tokens painted their price charts red on Wednesday as Bitcoin plunged below $100,000. While altcoins sought footing, ASTER, the native coin of perpetual decentralized exchange Aster, gained more than 20% on the 24-hour timeframe. The altcoin’s bullish momentum coincided with a key upgrade to the DEX’s ecosystem. The Aster team has announced two new […]
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US spot Bitcoin exchange-traded funds (ETFs) have seen more than $2 billion in outflows over the past week, marking their second-worst withdrawal streak since inception. Data from Farside Investors showed that spot Bitcoin ETFs recorded another $137 million in redemptions on Wednesday, extending their losing streak to six consecutive sessions. Date IBIT FBTC BITB ARKB […]
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The United States is positioning itself to become a global leader in Bitcoin and digital assets, as President Trump unveils an ambitious plan to expand the country’s crypto infrastructure and regulatory framework. Speaking at the America Business Forum in Miami, Florida, he declared that the federal government would no longer “wage war on crypto.” The […]
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Nvidia Corp. Chief Executive Officer Jensen Huang said Friday that the company is not in active discussions to sell its advanced Blackwell AI chips to Chinese firms, pushing back on speculation that it is seeking a pathway back into the world’s largest semiconductor market. “There’re no active discussions. Currently, we’re not planning to ship anything […]
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The DAX Index remained in a tight range this month, remaining between the key support and resistance levels at €23,363 and €24,650. It reacted to earnings of key companies like BMW, Siemens Healthineers, Commerzbank, and Heidelberg Materials. This article looks at some of the top companies to watch next week. Bayer Bayer, a top player […]
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The global cryptocurrency market cap saw a slight uptick on November 6, 2025, with minor gains during Asian hours helping push the market cap to $3.42 trillion. However, while the 1.2% gain over the past 24 hours could see bulls stem the rot of four consecutive days of decline, top coins Bitcoin, Ethereum and XRP […]
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Virtual tokens displayed considerable selling pressure in the past day, with Bitcoin stuck around the $103,000 vicinity. The global cryptocurrency market cap remained relatively stable with a 0.02% dip to $3.41 trillion. Meanwhile, one segment thrived amidst the broader sluggish performance. Data from Coingecko shows privacy cryptocurrencies decoupled from the overall market downturn. The sector […]
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Influential investor Cathie Wood has downwardly revised her most optimistic forecast for Bitcoin, citing the rapid ascent of stablecoins as a disruptive force. Speaking this morning with CNBC, the founder and chief executive of Ark Invest acknowledged that digital tokens pegged to fiat currencies are increasingly fulfilling the role she once envisioned for BTC. As […]
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