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IBM CEO Arvind Krishna attended the World Economic Forum in Davos, Switzerland on January 16, 2024.Stefan Vermuth | Bloomberg | Getty ImagesIBM stock fell 5% in after-hours trading Wednesday after the hardware, software and consulting company’s third-quarter revenue fell short of Wall Street expectations.Here’s how the company performed compared to the LSEG consensus:Earnings per share: $2.30 adjusted vs. $2.23 expected Sales: $14.97 billion vs. $15.07 billion expectedAccording to the announcement, IBM’s overall revenue increased by 1.5% compared to the same period last year. Net loss was $330 million, or 36 cents per share, compared with net income of $1.7 billion,…

Andreessen Horowitz (a16z, if you know him) manages approximately $50 billion in investor assets, making it one of the most expensive venture capital funds in the world. But more importantly, the company is passionate about cryptocurrencies and publishes a comprehensive and must-read annual State of Crypto Report. We read the latest edition and selected some timely opportunities.1. Cryptocurrency activity is at an all-time high.According to a16z report, there have never been so many monthly active crypto addresses. In September, over 220 million wallet addresses interacted with the blockchain at least once. This was more than three times the number from…

Recently, a famous Dogecoin billionaire who caught DOGE in its early stages has set his sights on RCO Finance (RCOF). He says RCOF is his favorite altcoin for 2025 and expects an 8,000x upside from the token. Dogecoin billionaire invests heavily in RCOF: What’s next for DOGE? Before DOGE’s massive rally in 2021, those who caught Dogecoin early are considered experts at spotting promising tokens before they skyrocket. The same goes for this prominent Dogecoin billionaire. He declared RCOF as his new favorite altcoin of 2025. Meanwhile, regarding DOGE, he says that Dogecoin can still go up, but it won’t…

NEW YORK CITY – Sen. Bill Hagerty (R-Tenn.), a member of the Senate Banking and Foreign Affairs Committee and former U.S. Ambassador to Japan, appeared on FOX Business’ Morning with Maria yesterday to talk about yesterday’s BRICS summit, Biden・Discussed the Harris Summit. The administration’s weakness towards China and the stablecoin bill to establish a clear regulatory framework for the regulation and supervision of stablecoin issuers. *See photo above or click here* partial transcription Hagerty on the BRICS summit: “None of this would have happened without the huge leadership vacuum that exists today with America’s withdrawal from the international stage. And…

Hello and welcome to Market Daily, hosted by me, Jen Sashi. In this show, we look at what’s going on in the crypto market and try to help you understand it. So even if you’re just looking at what’s going on in a market that you’re actively investing in, I hope you can get some extra alpha out of this show. In today’s episode, we discuss recent Ape coin price trends and the debut of Ape Chain. Well, now things are looking up. The coin soared 100%, hitting its highest price since April. We are interested in both the coin…

The seasoned crypto insider who predicted that Ethereum (ETH) would explode from $1,600 in October 2023 to $4,000 in March 2024 has now identified two altcoins with a high chance of breakthrough: Tron. (TRX) and LNEX Network (LNEX). Meanwhile, Lunex Network’s creative approach to decentralized finance, which allows users to transact instantly and anonymously across multiple blockchains, is particularly interesting. Despite Ethereum (ETH) and Tron (TRX)’s impressive annual gains, the Lunex Network has generated buzz with its ongoing presale, generating nearly $1 million in revenue. Lunex Network offers seamless trading Lunex Network is transforming the decentralized finance landscape by giving…

There hasn’t been a bull market at all since then. In the intervening years, cryptocurrencies experienced a dramatic collapse, embarrassing many celebrities who were paid to promote cryptocurrencies. Although its value has recovered since the “crypto winter” of 2022, it has not even reached the level of its peak market capitalization yet. As of the last presidential election, supporters were at least able to sell the idea that cryptocurrencies represented the future of American technology and the cutting edge of Silicon Valley innovation. Today, artificial intelligence clearly occupies that space in its place, and blockchain is akin to yesterday’s news,…

Bitcoin’s BTCUSD recovery attempt on October 22nd was met with solid selling pressure from the bears, and the price fell to nearly $66,000 on October 23rd. Bitcoin’s pullback led to a net outflow of $79.1 million from US-based Bitcoin exchange-traded funds on October 22nd. This is the first net negative inflow since October 10, according to data from Pharside Investors.Despite the short-term correction, analysts are bullish on Bitcoin’s rally following the US presidential election. David Rowant, head of research at FalconX, told Bloomberg that Bitcoin is “likely to do well” regardless of the election outcome. Veteran investor Paul Tudor Jones…

Important points BRICS leaders advocate Bitcoin to circumvent Western sanctions at annual summit. President Putin called for an alternative currency to the dollar and emphasized the need for new economic cooperation. Share this article According to a Bloomberg Terminal report shared by Matthew Siegel, head of digital assets at VanEck, BRICS lawmakers say Russian miners are selling Bitcoin to overseas buyers and that countries are buying Bitcoin and other crypto assets. They insist that it be made available for import. As the BRICS summit gets underway, leading lawmakers are pushing the idea that Russian miners could sell their mines #bitcoin…

With prediction market trading volumes surging and the US elections approaching, Kalsi could enable more crypto-related options such as stablecoin deposits. Following a court victory against the Commodity Futures Trading Commission that effectively legalized election gambling contracts in the United States, Kalsi and its CEO Tarek Mansour are moving full steam ahead. Profile of Mansour, co-founder of Kalsi Among them, Fortune magazine revealed that the outcome of the event has sparked speculation The website plans to add support for USD Coin (USDC) deposits. Circle’s USD Coin has a market capitalization of $34 billion, making it the second largest stablecoin after…