Ethan Peck urges Amazon and Microsoft to explore Bitcoin to combat inflation and preserve shareholder value.Shareholder proposals can drive corporate Bitcoin adoption but face resistance from asset managers and technical hurdles. Corporate America is facing a compelling question: Should tech giants like Microsoft and Amazon add Bitcoin to their balance sheets? Ethan Peck, Deputy Director...
Bitcoin and stock markets may reach critical turning points in 2025, requiring careful analysis and contrarian thinking.Market trends suggest a potential top for Bitcoin and stocks in 2025, following significant rallies and wave patterns. Renowned financial expert and YouTuber Alessio Rastani discussed in a new video, “What Will Happen to Bitcoin and Stock Markets in...
Oklahoma passed the Bitcoin Freedom Act, which permits state employees, businesses, and residents to make or receive payments in Bitcoin.The bill also provides for the voluntary acceptance of Bitcoin payments and some exemptions for digital asset companies from licensing. Oklahoma has proposed the “Bitcoin Freedom Act,” a Senate bill filed by Senator Dusty Johnson. The...
XRP, HBAR, BGB, and XMR demonstrate strength and growth potential, positioning themselves as standout performers as Bitcoin struggles with directional uncertainty.Bitcoin’s resistance at the 20-day EMA and the US dollar’s strength are key factors influencing its near-term market behavior. Bitcoin (BTC) is showing signs of resilience, currently trading above $93,000, though it encounters resistance at...
Bitcoin adoption on balance sheets boosts businesses’ competitiveness and extends financial efficiency in an inflationary economy.Bitcoin’s fixed supply and deflationary benefits improve cost management, service quality, and operational sustainability for companies. In an increasingly competitive and turbulent global market, businesses are looking for new strategies to ensure long-term growth and sustainability. Prominent member of the...
In an interview with Lesley Stahl, Jamie Dimon reaffirmed his long-standing opposition to Bitcoin, a stance he has maintained since as early as 2014.Dimon reiterated his belief that Bitcoin lacks intrinsic value, emphasizing his concerns over its speculative nature and association with illegal activities. JPMorgan Chase’s CEO Jamie Dimon has been one of Bitcoin’s most...
Producer prices in Japan were up 2.9 percent on year in October, the Bank of Japan said on Tuesday. Thats up from the upwardly revised 2.8 percent increase in September (originally 2.6 percent) and exceeded expectations for a gain of 2.5 percent. On a monthly basis, producer prices jumped 0.8 percent after dipping 0.1 percent...
The Singapore stock market headed south again on Monday, one session after ending the two-day slide in which it had slipped almost 20 points or 0.6 percent. The Straits Times Index now sits just above the 3,730-point plateau and its expected to bounce higher again on Tuesday. The global forecast for the Asian markets is...
The Taiwan stock market has climbed higher in back-to-back sessions, advancing almost 400 points or 1.8 percent along the way. The Taiwan Stock Exchange now rests just beneath the 22,950-point plateau and it may see additional support on Tuesday. The global forecast for the Asian markets is upbeat on optimism over the global outlook, although...
The China stock market has moved lower in back-to-back sessions, slipping just 6 points or 0.2 percent in that span. The Shanghai Composite now sits just beneath the 3,265-point plateau although it may stop the bleeding on Tuesday. The global forecast for the Asian markets is upbeat on optimism over the global outlook, although weak...